Is gather.town key to the next industry?

 Is gather.town key to the next industry? 

Our group have presented about Metaverse this week. I mainly focused on the reason why our group chose 'Gather town'. In the presentation, I briefly talk about is the Gather town key to the next metaverse industry. During my presentation, I briefly introduced and moved on to whether Gather Town can be the key to the next industry. Through this blog post, I'm going to talk about whether Gather Town can be a core metaverse platform.

To answer this question, I first asked to Chat GPT's opinion.

According to chat GPT, it answered that It's uncertain if gather.town will be crucial to the next industry. It added Virtual event platforms like gather.town have grown in importance, but the future of the industry depends on many factors. Because, Gather town may become more important as remote work continues, but it's unclear to what extent.

Gather Town must discover new ways to differentiate itself in order to prosper in the metaverse market. Gather Town's timely emergence in 2019, followed by the global trend towards remote work and less in-person meetings as a result of the COVID-19 pandemic, was one of the primary reasons for its enormous attention in the metaverse sector. It provided capabilities including as document sharing, meeting via video, and message leaving, making it a crucial tool for businesses during the pandemic. However, gather Town has a huge problem as of 2023 due to the COVID-19 regulations being relaxed and the return of in-person meetings by numerous businesses. As ChatGPT suggests, it is critical for Gather Town to build distinct advantages that distinguish it from other metaverse platforms in this situation. Gather Town could broaden its market beyond enterprises to include government agencies, worldwide sponsoring firms, and not simply fashion companies, as suggested in my previous blog post. Gather Town can increase its market presence and overcome its current obstacles by diversifying its target market and looking into working together in other industries.

ChatGPT: A Promising Technology with Challenges

ChatGPT: A Promising Technology with Challenges

1. My Expectation about using chat GPT

The real-life use of metaverse

1. Roblox

 Gucci 

 

: In Gucci Town on Roblox, players can buy clothing for their avatars using the in-game currency Roblox. It has a huge community and allows players to make money on-platform. The fashion industry is taking a keen interest in the opportunities and risks associated with the metaverse. It lacks blockchain technology and does not sell virtual land, but they possess key elements that sci-fi writers believe are necessary for a true metaverse. Gucci Town has had over 36 million visits.

2.  Gather town

Coca-cola

: Coca-Cola has created a virtual machine within Gaia Town, allowing users to purchase Coca-Cola beverages virtually. The virtual machine is located within Gaia Town, and users can select and purchase Coca-Cola beverages virtually. These virtual Coca-Cola products can be immediately used within Gaia Town, but they are not actual Coca-Cola products.
 

 

Furthermore, Coca-Cola held a virtual event within Gaia Town, providing various virtual content related to its brand identity. Users who participated in the event were able to have a variety of experiences related to Coca-Cola within Gaia Town. Through this campaign, Coca-Cola has demonstrated the ability to experiment with a wide range of new digital marketing strategies through Gaia Town. Using Gaia Town as a marketing platform can provide users with innovative and unique experiences, which can be a great help in increasing brand recognition and attracting customers. While optimizing its video code, Gather simultaneously quadrupled monthly revenue to $400,000 via customers like Coca-Cola and Amazon, which built a replica of the fantasy world from The Wheel of Time, its hit streaming show.

 

 Digitalization and Metaverse

What is digitalization?

What is the impact of the Fourth Industrial Revolution on human jobs?

4IR: What is the impact of the Fourth Industrial Revolution on human jobs?

One of the most significant effects of 4IR on human jobs is the possibility of AI replacing specific sorts of work. This has the potential to result in major employment replacement in some industries, particularly those that rely on repetitive processes, such as manufacturing. However, it has the ability to provide new work possibilities for humans. 

Another effect of 4IR is an increase in demand for people with sophisticated digital abilities and the capacity to deal with new technology. As a result, there is an increasing demand for retraining programs to assist workers in adapting to the changing labor market and ensuring they have the skills required for future jobs.

Furthermore, the 4IR is likely to produce new types of employment, such as gig work and remote work, which provide employees with greater flexibility and autonomy but also bring new issues in terms of job security, benefits, and labor regulations.

Overall, the 4IR's influence on human occupations is varied and multifaceted. While technology offers prospects for new job creation and innovation, it also represents substantial threats and problems to the labor market. As we navigate this quickly shifting terrain, it is critical to invest in education and training programs that prepare employees for the future, as well as laws and programs that encourage fair and equitable results for all workers.