Our internet lifestyles are quickly evolving. Artificial intelligence (AI), virtual reality, and breakthroughs like blockchain, a type of digital ledger for transactions, are expected to fundamentally alter how people and corporations use their creativity to generate revenue online.
1. Generative AI
With digital assistants like Alexa and for automatic text translation, AI and the more specialized discipline of machine learning (where software becomes better at a task with practice) are already used to tailor the recommendations we receive when shopping online. The applications of this technology are only going to expand. Businesses have used AI in some creative ways, which may be a sign of how individuals may utilize the technology in the future.
2. Digital certificates
Digital creators that have 360-degree videos and computer-generated landscapes intended for the metaverse will seek to monetize their works. A type of token known as an NFT can offer these digital assets certifications of validity and ownership in order to prohibit unauthorized use.
With the growing use of cryptocurrencies, it is now possible to buy and sell content with trust thanks to these non-fungible tokens. In 2022, NFTs were made available to their user and advertiser bases on Twitter, Facebook, Instagram, and YouTube. With their credit and debit cards, Visa and Mastercard have also made it easy to purchase NFTs.
Blockchains are a type of digital record or ledger that could support private networks of users online and give them a secure environment free from trolls, stalkers, and fraud. A select group of persons can be given permission to examine information, and the blockchain-provided record of activities cannot be altered. This implies that any unauthorized network activity is immediately traceable.
Moreover, it is more difficult to attack because data is kept throughout a network of computers rather than on a single server. A DAO is an illustration of a new kind of online community that might use blockchain (decentralized autonomous organization).
4. The metaverse
By the use of virtual reality (VR) headsets, the “metaverse” aims to make the online world more resemble the real one. You would put on your VR headset to be represented by an avatar in a 3D virtual world rather than interacting with a two-dimensional social media profile. In a setting modelled after the real world, your avatar might interact with others. Customers might browse online stores in a manner similar to how they would in real life if they were 3D virtual places.
A new generation of high-tech VR headsets may make the metaverse easier to use.