FAANG is an acronym and talked about a lot because those companies seem to never stop growing. It will take a long time for FB to lose dominance. They may be en

FAANG is an acronym and talked about a lot because those companies seem to never stop growing. It will take a long time for FB to lose dominance. They may be entering a period as a company where the growth has slowed/stopped to the point where its not growth anymore. It will probably take a few quarters to understand if that is the case. As for the big bet they are taking on Metaverse ... I think it will flop. I don't think AR/VR will catch on beyond gaming. There just isn't practical uses for it for entertainment/social which is where FB/Meta operates. Any new devices are likely going to link to smartphones. Smartphones have become ubiquitous and people treat them as appliances to get things done - shopping, talking/texting, etc. Adding an AR/VR layer to any non-gaming activity someone does with a smartphone will be a gimmick. I just can't see how your average (edit: meaning non-technical) construction worker, lawyer, doctor, grandma, auntie, etc. is going to want to put a device over their eyes to view cat vids, order stuff from Wal-mart, etc.