Meta presents predictions for the metaverse and enterprise applications for AI in 2024.
Tech giant Meta (NASDAQ: META) has released a series of predictions centered on the future of emerging technologies, primarily artificial intelligence and the Metaverse.
In a blog post, the company predicted that the metaverse will undergo massive changes as consumer interest grows in recent years. Meta focuses on use cases for the Metaverse and AI in the fitness and wellness space, while also focusing on enterprise use cases in the “training and education” space.
One of Meta’s most promising projects in the metaverse is its demo product, Caddy, which opens a window of opportunity for colleagues to collaborate remotely on computer-aided drawing (CAD) models.
“From job training, skill building for surgeons, and athletes competing at the highest level to education, entrepreneurship and more, people are harnessing the power of virtual and mixed reality to have a significant impact on learning outcomes today. . “Meta said.
Meta also announced that its Meta Quest app was the highest-grossing app on the App Store in December. Additionally, Reality Labs’ revenue exceeded $1 billion. But while Meta’s recent focus on AI has cast a shadow of doubt over its Metaverse ambitions, the company says it remains “committed to both.”
Through AI, Meta predicts the emergence of portable large language models (LLMs) without relying on cloud technologies. According to Meta’s blog post, LLM will be localized for mobile devices, providing consumers with greater personalization while reducing latency.
The move from cloud to device is a big leap, but Meta says the most likely path will be a hybrid model. Some tasks take the lead in cloud technology, while others use the computing power of your phone.
The company points to its Ray-Ban Meta smart glasses as evidence of the changes coming soon in AI.
Meta’s hypothesis extends to business messaging capabilities across social media platforms. In the near future, a combination of AI tools will make it easier for small and large businesses to connect with their audiences in innovative ways, including deploying third-party AI models in the future, the company said.
embrace innovation
Meta has a long history of embracing innovation, starting with its misguided waltz with digital currencies and subsequent experiments with virtual worlds.
As the AI craze grew, Meta turned to LLM and famously launched Llama 2 for commercial use cases. Instagram, Whatsapp and Facebook have warmly embraced the technology, launching a suite of AI tools to improve messaging, advertising and image editing for their customers.
Meta said it recognizes the risks associated with AI and will allocate significant resources to develop internal safety standards, including clear labeling of AI-generated content.
For artificial intelligence (AI) to function properly within the law and succeed in the face of growing challenges, it must integrate enterprise blockchain systems that ensure data input quality and ownership. This helps keep your data safe while ensuring immutability. data. Check out CoinGeek’s coverage of this emerging technology to learn more about why enterprise blockchain will become the backbone of AI.
See: Artificial Intelligence Needs Blockchain
Are you new to blockchain? To learn more about blockchain technology, check out CoinGeek’s Blockchain for Beginners section, our ultimate resource guide.