Meta to cut up to 30% of metaverse budget, Bloomberg News reports
Meta to cut up to 30% of metaverse budget, Bloomberg News reports
16 comments
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Metaverse still exists?
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I wonder what trend Meta will rebrand themselves to next.
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Funny how Zuck thought our lives were so miserable we would all throw ourselves into his virtual shit, just to realize most people actually have real friends they hang out with.
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Even in a world without IRL friends, they still had to compete with VRChat. They didn't come even remotely close to that benchmark.
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Congratulation to the writer of Ready, Player One to costing the Zuccer $77bn
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That may be the first good thing that author did.
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If they would have focussed on making a good place first, and then corrupting it with commercialism, they could have at least boiled a few of us frogs. But you can't start with the commercialism foot forward and the quality foot behind and expect to make a place worth visiting.
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That was pretty much the trajectory of Second Life, as I recall.
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16 comments
There's still a metaverse budget?
It's Zuck's biggest personal passion project.
Bezos wanted to go to space, Gates wanted to cure malaria.
Zuckerberg wants to be a fucking Mii.
Zuckerberg just wants to build his own universe where he's in charge of everything and everything costs money and there no taxes.
You can bet there were pitching ideas such as paying people with game money.
Sunk cost at this point lots of large companies bought space when it was "launching"
Imagine how much value would have been created if the several hundreds of billion spent on the shitty VR sims went to wages, or taxes, or healthcare.
But no. We should all marvel at the efficiency of the oligarchy!