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Teresa is also vice chair of the White House Historical Association and an Atlantic Council board member.

although real interest in it only began to take root last year following the explosion of non-fungible tokens (NFTs).we estimate the total addressable market for the Metaverse economy could grow to between $8 trillion and $13 trillion by 2030.

they believe there are issues that might need addressing to aid further innovation and growth.This will likely be driven by greater attention towards the ecosystem from governments and other global regulators.and the bank believes players within the Metaverse space need to be ready to address issues around money laundering.

Citi has released a new report that predicts the Metaverse could grow to reach a total addressable market (TAM) of up to $13 trillion in the next few years.Citis Metaverse and Money outlook suggests the virtual world ecosystem could grow to encompass 5 billion users

said the prediction is pegged on an attempt at quantifying what would happen if there emerged new gold or Bitcoin-backed currency regimes.

The VanEck executives say they applied the same concept to gold- which has a common denominator as Bitcoin in having finite supply- to arrive at potential prices per ounce.Schmidt is of the opinion that researchers should release AI algorithms with “some kind of mitigation for things that it could do that are negative.

an open letter addressing AI labs called to halt the development of sophisticated AI systems in order to address concerns about abuse and the serious “risks to society and humanity.but he also points out that government answers at the moment are awkward since they don’t take the technology into account.

have been frantically trying to predict what will come next in the field of artificial intelligence.” and an urgent halt to the development of AI systems more robust than GPT-4 were demanded by over 1.