Remember when everyone made fun of Second Life? Now the people who made it don’t need to feel embarrassed anymore because at least they weren’t involved in Metaverse. If you were involved with both, there’s no salvation left.
It doesn’t matter now. All those idiots who wrote books about how good the mataverse was, how it was going to change our lives, how we will be able to talk to costumer support in a virtual office from our house… all those people who wrote about it did the leap to talk about AI and now are writing about how good AI is… goshhhh
Not only was the entire project thing a completely repulsive, uncanny mess, but also they could’ve just bought roblox for half that amount which is effectively the closest thing to a “metaverse” but ig zuck ego wouldn’t allow that
Not only that, their company is worth over $500B more than it was when they rebranded as Meta. They were valued around $1T at the time and around $1.5T today. So they have completely failed to accomplish anything of value or substance, anything that improves life for anybody, or anything at all related to their entire metaverse concept in that time, and yet the market has deemed that they should continue to skyrocket in value.
Which is why they do it. Stock markets don’t like idle money. For all they wasted here they made it back anyway. They’ll do it again with some other bullshit too.
Gotta pad that balance sheet with losses. Can’t be paying taxes if you can write off speculative ventures that just might pay off fund other misadventures.
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Remember when everyone made fun of Second Life? Now the people who made it don’t need to feel embarrassed anymore because at least they weren’t involved in Metaverse. If you were involved with both, there’s no salvation left.
Did anyone even think about this once while not reading news stories about it?
I think it’s hilarious that the entire press and Meta are both like “ope, people don’t want to hang out in VR”.
furries continue to hang out in VR chat
I think its hilarious they are called meta. they will never be able to get away from their shame.
It doesn’t matter now. All those idiots who wrote books about how good the mataverse was, how it was going to change our lives, how we will be able to talk to costumer support in a virtual office from our house… all those people who wrote about it did the leap to talk about AI and now are writing about how good AI is… goshhhh
can’t wait for current AI hype bubble to burst. Not neccesarily have AI stop being relevant, just have it stop being forced into everything.
And now they’re not shutting it down after all. :D
lol wtf
bummer
The Metaverse cycle:
10 Some article remind me it exist;
20 I shrug and continue not to care about the Metaverse;
30 I forget about the existance of the Metaverse;
40 Some amount of time passes;
50 GOTO 10.
Slop ai header image to talk about the slop company. Ai use is so embarrassing
Those lobsters should have top hats and monocles.
Not everything has to be so realistic.
They could have cured homelessness 4x over. But instead we got crappy little Zuck-like avatars and an ecosystem nobody ever asked for or wanted.
Fuck this world man.
Yes, but have you considered that you can simply buy a house on the Metaverse?
The world is okay, it’s billionaires and stupidity that’s the problem
Not only was the entire project thing a completely repulsive, uncanny mess, but also they could’ve just bought roblox for half that amount which is effectively the closest thing to a “metaverse” but ig zuck ego wouldn’t allow that
motherfuckers could probably have ended hunger in their country for that kind of money.
that’s how much of a piece of shit this pedophile is.
I think that would end all poverty in the entire world
Are they going to rebrand to Slop now to follow the latest trend?
Can’t believe they really rebranded around this shit when we all knew it was a nonsense non-concept five years ago, lmao
This should be taught in MBA and finance classes for how Bros get caught up in a hype cycle and how it’s all bullshit
they don’t learn either cause they dove head first into AI right after.
well we need to remember they changed their name to meta after zucc went to the senate due to the Cambridge Analytica scandal
Hilarious that this company is now named after a failed product. It would be like if Ford changed it’s name to Pinto.
Haha. I will remember that.
They lose $80B and are still in business? That’s insane.
Not only that, their company is worth over $500B more than it was when they rebranded as Meta. They were valued around $1T at the time and around $1.5T today. So they have completely failed to accomplish anything of value or substance, anything that improves life for anybody, or anything at all related to their entire metaverse concept in that time, and yet the market has deemed that they should continue to skyrocket in value.
Which is why they do it. Stock markets don’t like idle money. For all they wasted here they made it back anyway. They’ll do it again with some other bullshit too.
Also, there are still people dying of hunger.
Gotta pad that balance sheet with losses. Can’t be paying taxes if you can write off speculative ventures that just might
pay offfund other misadventures.Iirc zuck bankrolled most of it himself