Behold, the Facebook Metaverse: https://youtu.be/YlGklt4BSQ8 https://youtu.be/YlGklt4BSQ8 “WE WILL EFFECTIVELY TRANSITION FROM PEOPLE SEEING US AS PRIMARILY BE

Behold, the Facebook Metaverse: https://youtu.be/YlGklt4BSQ8 https://youtu.be/YlGklt4BSQ8 “WE WILL EFFECTIVELY TRANSITION FROM PEOPLE SEEING US AS PRIMARILY BEING A SOCIAL MEDIA COMPANY TO BEING A METAVERSE COMPANY” But, Facebook already transitioned to being an advertising company. The social media aspect became a funnel to direct members towards advertising, changes to Facebook are not about the social aspect, they're about eyeballs on ads and more page views, which are actually distractions away from the social network roots of Facebook. Mark goes on about building an economy within this metaverse: "And this is something that I hope eventually millions of people will be working in and creating content for — whether it’s experiences, or spaces, or virtual goods, or virtual clothing, or doing work helping to curate and introduce people to spaces and keep it safe. I just think this is going to be a huge economy and frankly, I think that that needs to exist. This needs to be a rising tide that lifts a lot of boats. We can’t just think about this as a product that we’re building." I'm obviously very cynical, but this feels like Facebook's app store play: 30% please creators. In addition to the advertising dollars. What I hope comes out of this is an advancement of the technology for building a "metaverse" and that open source alternatives can keep up, or at least nip at the heels constantly.