Imagine if he put that amount towards affordable housing in Cali
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What's really dumb is that VR could actually take off if it was done correctly, but these billionaires can't think of literally anything besides profit so they base the entire model around that and just expect people to want it. If he had dumped an iota into further development of VR tech, and invested in some actual original VR content, games, etc then people would flock to it. That and actual affordable VR since everything is still overpriced since it's considered a niche market.
It'd be super cool if it were self-contained and wireless...
Well it kinda is? Most of the time I've been using VR has either been on the headset itself or wirelessly streaming from a PC. My headset is old so the quality isn't amazing, but by and large its always worked well.
I predicted this crash and burn at the exact moment I saw it for the first time.
All these dickheads steal one good idea, and they think that makes them geniuses.
For context, $77 billion is more than most nations spend on their military.
What we could have bought instead; a list of real problems that money could help significantly with, or fix entirely (generated with AI):
Universal Healthcare (Medicare for All)
- Est. cost: $3–4T per year
- $77B covers ~2–3 weeks of healthcare for the entire US
- Or ~6–7 million people for one year
- ~2% of annual national healthcare spend
High-Speed Rail and Public Transit
- Est. cost: $50–120M per mile
- $77B covers 600–1,200 miles of true HSR
- 3–5 major national corridors plus urban transit upgrades
Homelessness, Veterans, and Mental Health
- Est. cost: $150k–300k per housing unit; ~$25k/person/year care
- $77B covers 250,000–400,000 permanent housing units
- 10+ years of care for all chronically homeless
- 100% of veteran homelessness eliminated
Roads, Bridges, and Infrastructure
- Est. cost: ~$5M per bridge; ~$1M per mile of road
- $77B covers 15,000–20,000 bridge replacements
- ~100,000 miles of roadway rebuilt
- ~15–20% of all structurally deficient bridges
Domestic Semiconductor Manufacturing
- CHIPS Act: $52B total
- $77B covers 150% of CHIPS Act
- 3–5 leading-edge fabs
- Full AI, defense, and automotive supply-chain security
Fusion and Advanced Energy
- ITER reactor: ~$22B
- SPARC program: ~$4B
- $77B covers 3 ITER-class reactors
- 10+ SPARC-class fusion programs
Climate Resilience and Clean Energy
- Est. cost: ~$1B per GW renewable capacity
- $77B covers 60+ GW clean power
- Electrification of ~10 million homes
- Coastal protection and grid modernization across multiple states
Public Sector Scale Comparison
- Equals 3+ years of NASA’s budget
- Equals 10 years of US homelessness funding
- Exceeds annual defense budgets of most countries
The art direction in that screenshot seems to be "make everyone else look so weird Zuckerburg looks normal"
I detest everybody who posesses more than 5 million. All above is absurd greed and should be punished.
Note that this was a 10% cut. Meta has a lot of staff. They are also slightly pivoting to AR glasses, as they say Ray-Ban Display sales are much higher than anticipated. I think they see their chance of cornering the VR market as gone (probably because of android xr) (see https://www.uploadvr.com/meta-pauses-third-party-horizon-os-headsets/ ) but think they have a chance to dominate AR glasses / wearables.
I fired my quest 2 up for the first time in a few weeks over the weekend, and the latest update has removed the options to change the home environment and it's now an eyesore Horizon tech hellscape. Good thing I only use it to fire up Virtual Desktop.
Can't wait to get a Steam Frame and ditch Meta altogether.
The whole oculus business feels like in shambles. They neglected PC support while their own metaverse dies and standalone games are... Well, there are like 3 good ones. I sometimes feel like purchasing CV1 again, shit just worked flawlessly.
Would a CV1 even still work? They bricked my DK2 a few years ago. I'm sure it won't be too long before they brick the Quests entirely as well.
Facebook is a boomer infested, depressing, idiot shithole. I'm not spending extra money for hardware so I can experience that in VR.
If I wanted to experience that, I can visit my shitty boomer mother for free in reality.
VR isn’t a bad idea.
…Zuckerberg is just an idiot.
That’s really what it comes down to. Facebook has some neat branches and employees, but at the end of the day, its head decision maker is chronically flakey and makes catastrophically bad financial choices, repeatedly.
He’s just so freaking rich it doesn’t even matter.
He made WoW but corporate, deanonymized, and lacking anything interesting to do in it.
I can’t imagine why it failed.
I still remember the original Metaverse pitch basically being 'We're going to copy VRChat but without any of the bits people enjoy'
Yeah and tied to your fucking meta account so next data breach your colleagues at work can learn that you chatted for hours with a 15 year old with a lewd anime avatar (or as lewd as meta would ever allow something to be) about your fursona.
And, in practice, take forever, don’t really promote it, and make it look like no one at Facebook has ever laid eyes on a video game.
Having only seen videos of VR Chat, your avatar can be a 6 foot penis or a anime girl or a skeleton with a trumpet. And I think Metaverse was trying to provide that for businesses and the general public?
How can you create a social hub where you can't be a 6 foot penis?
Like it should be, as Neil Stephenson depicted it in Snowcrash, 1992...
The original concept was more or less a virtual shopping mall with a character creator. Imagine VR chat but made by EA.
There will be a $12.99 monthly fee for imaging that