Everyone here is upset that Zuckerberg has 'gone rogue' and is spending a ton of money on R&D to a problem that won't bring investors money in the next quarter.

Everyone here is upset that Zuckerberg has 'gone rogue' and is spending a ton of money on R&D to a problem that won't bring investors money in the next quarter. Literally every piece of technology you are using right now followed this model. Spend lots of money over many decades until the technology is developed enough to be valuable. Hell, VR is a technology that the federal government spent lots of money over multiple decades in research labs until they finally turned it over to the private sector. VR has been in development since the 1960s when Ivan Sutherland put his brilliant hands on it. Look up The Sword of Damocles. That's right folks, you are playing Beat Saber because the government spend 50 years developing the technology and components that scrapy startups were able to use to develop private VR headsets. Now Meta has enough cash to act like a small government because it has monopoly status. Kind of like how AT&T was expected to do heavy R&D for the privileged of being a monopoly. Where Bell Labs developed the transistor. Keep in mind, the transistor at the time was so expensive that the only customer was the government. So as long as Meta keeps being a monopoly, they will be expected to keep doing a lot of R&D.