The artificial intelligence (AI) has become a hot topic in public discourse inside and outside the emerging technology industry amid a surge in popularity of OpenAI’s ChatGPT chatbot and others.
At the Proof of Talk 2023 conference on blockchain and Web3 held in Paris, Cointelegraph sat down with Robbie Yung, CEO of Animoca Brands, to discuss the relationship between AI, blockchain, and gaming.
Yung told Cointelegraph that Animoca had been involved with AI for “a long time”, both incubating AI companies and using it in game development. He said that for artistic teams, generative AI is a game changer in terms of productivity and development.
“Generative art has the potential to dramatically increase the productivity of artistic teams. It’s like giving farmers tractors instead of horses.”
AI has particularly permeated the video game industry. On May 29, Nvidia announced a new AI toolset called Nvidia ACE for Games. Among other functions, these tools use AI to empower non-player characters (NPCs)also known as background players in games.
The CEO of Animoca Brands explained that AI integrations allow players to have a more interactive experience with the universe as it takes on a “life of its own”. When the game is based on the blockchain, the integration of AI becomes even more relevant:
“AI has a very symbiotic relationship with what we do on the blockchain. NPCs will actually become characters in a blockchain game, which means they will have transactions with each other.”
Yung noted that transactions between NPC in a blockchain game they will probably have to use cryptocurrencies for transactions. He declared:
“Cryptocurrencies will become the native currency of AI.”
If AI-enhanced games are able to create active, blockchain-based NPCs that carry out transactions, he said it would be equivalent to having many employees who don’t sleep.
According to Yung, the current limitations of AI are similar to those seen in the blockchain space: cost and power. “Like everything in technology,” he said, “it will go downhill fast.”
The AI and Web3 sectors have been one of the main focuses attention from regulators around the world as technologies become more accessible to ordinary users.
When asked about the implications of the regulation on the gaming industries and metaverses that use emerging technologies like AI, blockchain and cryptocurrency, he said he welcomes the regulations. for the sake of clarity.
“Clarity is what everyone is looking for… It’s about being able to have an environment that is more predictable because that favors investment.”
Said when investors better understand the rules, they feel more comfortable investing versus investing in a sector with a lot of uncertainty.
“There is a knock-on effect,” he said. “We become reluctant to invest; our shareholders become reluctant to invest in us, and so on. It’s not good for the markets.”
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