Our (maybe) Metaverse Delusion
I take Zuckerberg at face value that he’s more or less betting the company on “the metaverse”. But to me their efforts on that front feel less like “We know exactly what experiences we’re trying to create that will be more compelling than anything that exists today and will generate explosive decade-long worldwide growth, especially with young people” and more like a “We don’t have any other big ideas” shot in the dark.
I tend to agree here. The company's commitment to "the metaverse" as their future gets a real big raised eyebrow from me. Maybe they'll surprise me, but a part of me thinks Facebook's Meta's vision of the metaverse is just another fantasy we had for a moment during Covid, and which no longer seems appealing. See also Clubhouse, spending thousands on ape JPGs, etc.