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How do you spend billions of dollars and not produce any content anyone wants? What were those thousands of man-hours spent doing?
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Any half decent company would fire its CEO after that disaster.
That would be up to the shareholders. But Zuck holds the majority.
So he could fire himself if he were more rational.
Truly a sad day for no one in particular.
It'll be a sad day for the people who lose their jobs because some idiot wasted colossal amounts of money on a delusional dream. Then again it was their choice to work for one of the most evil companies on the planet, so I don't really pity them.
Honestly I'm a little sad, and its stupid... But I wanted to share.
I have never once set... foot? inside the metaverse, but I always envisioned it ending up like the Oasis from Ready Player One (great book).
I think the concept of VR could have such crazy legs if they just get the treadmill/walking situation fully ironed out, and at a reasonable price point.
Just because Meta killed their attempt it doesn't mean the concept of the Metaverse is dead.
VRChat is the best actualized version of the concept we have and it has been going strong before, during and after this entire bullshit with Facebook.
I don't think that's stupid at all.
I think the metaverse would be cool too, but I think it needs to be made by enthusiasts and not heartless corporations. Or crypto scammers. So while I don't care that Meta's shitty attempt is gone, I'm still looking forward to something cooler in the future.
People hang out in video games anyway, so hanging out in the metaverse isn't that farfetched imo.
No do the same with the unwanted AI shit.
I'm sure the 6 Metaverse users are very disappointed right now
Is that where my friend wanted me to buy "real estate" a few years ago? He said he had gotten $200,000 invested and was going to retire once he sold... I suppose we are back to the original plan now, "Chick-Fil-A Chef Until 75"
Unless it's a part of meta horizons I didn't know about (which is very possible, I interacted about 3 minutes with it), that particular metaverse might have been some crypto/NFT bullshit rather.
This sounds like something à la "decentraland" a.k.a cryptobros trying to sell plots in a terrible empty virtual world because some day it'll sell for bazillions dollars, trust us.
sounds like something à la “decentraland” a.k.a cryptobros trying to sell plots in a terrible empty virtual world
Yeah, that makes even NFTs look like a sound investment.
Well. the plots are NFTs, so it's just a subset of it really.
Part of the so-called "web3" bullshit, the crypto people's wet dream of a unified metaverse where every shitty asset is a financial investment and video games are not fun unless they're grindy AI slop with a promised RoI.
Wait you actually know someone that fell for that? That's nuts. I know they planned to monetize digital real estate before the metaverse even existed but I didn't realize it actually happened.
Meta is backtracking on its plans to shut down the VR version of its metaverse. The company now plans to support Horizon Worlds in VR for the "foreseeable future," though users shouldn't expect new games, CTO Andrew Bosworth said in an update.
All "AI-first" companies will do this too in 2 years.
How much money was wasted on this pointless endeavour?
Oh, you know, only about 80 billion.
Could have given 10 bucks to everyone on earth, would've had more impact.
What are you, some kind of communist? Next thing you're going to say the government should spend its money on healthcare instead of bombing schoolgirls. Preposterous!
laughs in country with public healthcare
Yeah you guys should really sort that out.
glad they're finally realizing the metaverse is bullshit. the term came from early cyberpunk (genre, not franchise) media to describe the internet as we know it before it was invented and properly named.