Even within the VR space, Meta’s $10 billion investment seems like it’s producing worse results than something like VR Chat, or the booming V-Tuber space on Twitch and YouTube. Zuckberg has essentially banked everything on both VR, and the idea that people want to do extremely boring things in VR like attend business meetings or play ping pong. The “real” metaverses, or the closest thing to them, are existing, large-scale games that have existed for years, and you can make the case that places like Minecraft, Roblox, Fortnite or even GT GTA Online are far closer to a traditional vision of the metaverse than anything Zuckerberg or blockchain nuts have come up with. The concept of the “metaverse” as a whole has become entirely twisted by both Zuckerberg and a literal army of web3 grifters trying to sell blockchain real estate and NFTs in empty worlds. If you’re a Meta investor, and you have the head of the company saying that the metaverse is the future, Meta has a huge role to play in it, and then they keep posting things that look worse than PlayStation Home in 2008, I don’t know how you would have any confidence in that vision, or in that person.
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