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It doesn't mean VR is failing. It's because the entire global economy is in a massive downturn hurting profits of all companies and Meta decided they should not
by ilaksh 4y ago
It doesn't mean VR is failing. It's because the entire global economy is in a massive downturn hurting profits of all companies and Meta decided they should not subsidize the headset cost anymore.
- arbitrary_name 4y agoPeople keep saying this but i really don't see it: we have only one quarter of reduced GDP growth, unemployment is near record lows, corporate profits are strong or merely stung by supply chain issues. Where is this giant recession? Equity prices are not representative of economic performance, and needed to be corrected anyway...
- ilaksh 4y agoAlmost all large companies doing huge layoffs. Projected famine. Record breaking inflation. Big increase in homelessness and crime. Some countries absolutely falling apart. Other countries just "too big to fail" (but not to big to threaten WWIII). You and I live in parallel universes apparently.