Metaverse allure fades into the background as gen AI soars
Nairobi, Jan. 27 -- As generative Artificial Intelligence (AI) technology continues to grow more mainstream across the globe, the allure of the metaverse appears to be slowly fading off.
Two years ago, the metaverse was almost a household name in the technology scene. It was highly touted as a futuristic technology that had the potential of growing into a multibillion-dollar industry.
Google Trends data shows that interest in the metaverse in East Africa and across the globe peaked in October 2021, when social media giant Facebook renamed to Meta to capture its investment interests in the metaverse but has so far fallen by over 90 percent.
Read: IMF: AI could worsen income inequality
What followed was a surge in the metaverse market v...
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