Generative AI Could Be a Game Changer for This Metaverse Stock Cathie Wood Is Buying Up
Generative artificial intelligence (AI) is a technology capable of bringing advances to many industries from healthcare to finance. But the most immediate opportunity may be in media.
Specifically, generative AI makes it a lot easier for anyone to create content. It’s lowering the barriers to entry where creators previously needed to build up a significant skill set.
Where generative AI can be truly transformative in democratizing content creation is in the metaverse. Few people have the requisite knowledge and skills to build immersive and interactive experiences; these usually require a team of specialized individuals. It also takes a long time to build games and environments. Generative AI can speed up that process and expand the number of people who can create.
And Cathie Wood’s Ark Invest sees one company as a leader in the space, pushing generative AI forward with the potential to benefit immensely from the opportunities it provides.
The YouTube of metaverse experiences
In a research note from earlier this year, Ark Invest analysts pointed to how other online platforms have enabled anyone with an internet connection to create and distribute content. Alphabet’s YouTube, for example, made it possible for anyone with a smartphone to become a video publisher.
The YouTube platform for the metaverse is Roblox
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