4 ms·
This is a tough one. Based on what we've seen so far the Metaverse seems unlikely to succeed and will likely end up as a massive boondoggle. Yet, it is so ambit
by BitwiseFool 4y ago
This is a tough one. Based on what we've seen so far the Metaverse seems unlikely to succeed and will likely end up as a massive boondoggle. Yet, it is so ambitious that anything less than a full fledged pivot would indicate it was just a niche thing to be abandoned. Not going all-in could be seen as a self-fulfilling prophecy that it was doomed to fail. I can definitely see how it was an all or nothing decision.
- sklargh 4y agoConcur on probability of failure here. Want to add that Meta does need to bet the farm on a personal device that they're able to track and monetize in the way that iOS and Android offer their corporate parents. Without a device in every hand/household Meta simply pays rent to Tim and Sundar and, as ATT demonstrated, is up for eviction at any time. Meta needs a hit device to survive.
- chaostheory 4y agoIt depends on what your definition of the Metaverse is. The metaverse is not a Facebook / Meta exclusive platform. It's simply AR / VR with a connection to the internet. Most people, who have fallen for Meta's marketing and haven't used modern VR within the last 2 years, don't seem to realize this. No one company can singlehandedly control the entire internet, even if just the VR / AR side of it. That only happens in fantasy novels like Ready Player One. Meta, the company, might not seem to have great prospects for now; but the metaverse is still the future despite its current clunky form factor and high cost (with the exception of the Quest 2). In defense of Zuck, I agree with sklargh. Solely relying on ad revenue is a future dead end. Facebook needs its own hardware platform to survive.