The Next Wave - AI and The Future of Technology

How AI Will Revolutionize the $187B Gaming Industry ft. Moritz Baier-Lentz

Sep 17, 2024

49:53

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Moritz Baier-Lentz, a professional gamer turned venture capitalist, discusses how AI is reshaping the $187 billion gaming industry. He shares insights on the balance between traditional gameplay and innovative AI-driven experiences. The conversation highlights AI's ability to streamline game development, enhance storytelling, and create dynamic content. Moritz emphasizes the need for adaptive strategies in investment and the immense growth potential in gaming, while also navigating the challenges posed by evolving technologies like AR.

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Quick takeaways

AI is significantly reducing game development time, enabling the creation of more dynamic narratives and personalized player experiences.

Investors are increasingly focused on supporting innovative gaming studios leveraging AI to meet emerging player demands and preferences.

Deep dives

The Intersection of AI and Gaming

Gaming is currently the largest entertainment sector, surpassing movies and music, and the introduction of AI is further revolutionizing the industry. AI technology is expected to decrease the development time for complex AAA games from several years to mere months, allowing for a more dynamic and engaging gaming environment. Games will soon offer unprecedented player-driven narratives, enabling gamers to create their own stories and experiences within richly developed worlds. This shift promises to enhance player engagement and satisfaction, as seen in recent popular titles like Baldur's Gate 3, which, despite its limitations, showcases the potential for expansive storytelling.

Intro

3min

AI's Revolution in Gaming

12min

Revolutionizing Game Development with AI

3min

Navigating Gamer Desires and Future AI Innovations in Gaming

6min

Investing in Gaming: Navigating Opportunities and Challenges

21min

Exploring AI's Impact on Gaming and Augmented Reality

4min

Episode 24: How is AI revolutionizing the game development landscape? Matt Wolfe (https://x.com/mreflow) and Nathan Lands (https://x.com/NathanLands) sit down with Moritz Baier-Lentz (https://www.linkedin.com/in/moritzbaierlentz/), a professional gamer turned venture capitalist, to delve into this transformative topic.

In this episode, the hosts explore with Moritz how AI is reshaping game development and the broader gaming industry. They discuss the role of AI in generating game content, the investor perspective on AI-driven games, and potential future trends. Moritz shares insights from his journey—from being a top-ranked Diablo II player to leading major investments in the gaming sector at Lightspeed Ventures.

Check out The Next Wave YouTube Channel if you want to see Matt and Nathan on screen: https://lnk.to/thenextwavepd

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Show Notes:

(00:00) AI is revolutionizing game development, yet controversial.
(05:16) Started as pro gamer; shifted to investment banking.
(09:35) Excited investor sees AI's proven, increasing value.
(13:32) Games are the next frontier for creators.
(14:53) Fundamentally new innovation, AI boosts development speed.
(21:08) GenAI in games and media will dominate.
(24:45) Publishers fined billions; company offers compliance solutions.
(27:30) Finding high-growth investments for venture returns.
(30:35) Predictions difficult; focus on extraordinary early teams.
(35:30) Gaming content industry: $185B, surpasses TV, music, film.
(40:17) AR glasses promising, but significant technological hurdles remain.
(43:23) AI over XR; head-based sensing device emerging.
(45:46) Exciting AI and gaming discussion, mutual passions appreciated.

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Mentions:

Moritz Baier-Lentz: https://lsvp.com/team-member/moritz-baier-lentz/
Lightspeed: https://lsvp.com/
Bitkraft: https://www.bitkraft.vc/
Black Myth: Wukong: https://store.steampowered.com/app/2358720/Black_Myth_Wukong/

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Check Out Matt’s Stuff:

• Future Tools - https://futuretools.beehiiv.com/

• Blog - https://www.mattwolfe.com/

• YouTube- https://www.youtube.com/@mreflow

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Check Out Nathan's Stuff:

Newsletter: https://news.lore.com/
Blog - https://lore.com/

The Next Wave is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Darren Clarke // Editing by Ezra Bakker Trupiano

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