It's hard for me to imagine FB succeeding at this. Yes they might be able to build out the technology, but as John Carmack implied yesterday [0], the two killer

It's hard for me to imagine FB succeeding at this. Yes they might be able to build out the technology, but as John Carmack implied yesterday [0], the two killer apps for shared reality are "Adult Entertainment"--which FB will never do--and business meetings. What business is going to let Facebook be the intermediary of its private internal communications? It would be hard to imagine even if FB was a relatively trusted company, but at the moment FB ranks somewhere between used car dealers and payday loan companies on the public trust scale. The good news about this announcement is it gives other -- more competent and trustworthy -- companies permission to begin to work on a real metaverse. [0] https://news.ycombinator.com/item?id=29032872 https://news.ycombinator.com/item?id=29032872