Weblog with daily updates of the news on a frugal, fair and beautiful China, from the perspective of internet entrepreneur, new media advisor and president of the China Speakers Bureau Fons Tuinstra
AI is going to have a major beneficial effect on extended reality (XR), like augmented reality (AR), virtual reality (VR) and mixed reality (MR), says Alvin Wang Graylin, China President and Global VP of Corporate Development at HTC at Golf Business. “Motion tracking, hand tracking, voice interactions, spatial scanning, and procedural world generation would all not be possible without AI,” adds Graylin.
Gulf Business:
When combined with extended reality (XR) technologies such as augmented reality (AR), virtual reality (VR) and mixed reality (MR), AI opens a world of creative possibilities but raises new issues related to privacy, manipulation, and safety.
“AI will solve the biggest issue the XR space faces by democratising content creation and bringing its cost to near zero,” said Alvin Wang Graylin, China President and Global VP of Corporate Development at HTC – who will be speaking at DeepFest 2024.
“And immersive technologies will enable unlimited virtual worlds to give an outlet for the energy and renewed purpose to the billions of displaced workers that AI will create in the coming decade due to its massive gains in productivity.”
The promise of XR is fueling predictions for an array of once-unthinkable possibilities within the fast-emerging metaverse. “By 2030 people could be spending more time in the metaverse than in the real world,” KPMG said in a report while projecting that people will be applying for jobs, earning a living, meeting with friends and shopping using the virtual capabilities of the metaverse…
A study by PwC revealed that the use of AR and VR for soft skills training was four times faster than in a traditional classroom setting.
Together with AI, XR will deliver physical interactions dynamically and in real-time. The innovative technology will achieve this by overlaying digital elements in the real-world environment, enabling businesses to deliver contextually pertinent just-in-time data, support, and information to people who are navigating complex experiences.
“AI-related technologies have been a major part of almost all aspects of enabling immersive computing to be possible. Motion tracking, hand tracking, voice interactions, spatial scanning, and procedural world generation would all not be possible without AI,” said Graylin.
From enhancing productivity to transforming customer experiences, XR presents an array of benefits for businesses looking to gain a competitive edge in the market. Companies can use the technology to virtually design and test new products and experiences much faster and at a fraction of the cost and to deliver immersive and personalised entertainment experiences that can’t be replicated in the real world.
Technological change severely disrupts our lives in the next 5 to ten years, innovation expert Alvin Wang Graylin explained at the Edge Asia-World Expo in Hong Kong. AI and XR come to the rescue, he says. And what does it mean for our jobs?
