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Why Facebook is spending billions on the metaverse

johncoogan.com

11–20 of 133 posts

Re: Why Facebook is spending billions on the metaverse

#11
post #7

> The metaverse will have unprecedented interoperability. > This means being able to bring a Fortnite skin into Minecraft and vice versa For the life of me, I can't understand why this is important. Nobody cares about this. I don't want to move skins around. Besides, if there's a digital marketplace, people will create their own duplicates of any 3D asset. Just look at VRChat. Zero value. > The metaverse will have a…

It also isn't actually happening! I have yet to see anybody give a technical explanation of how the "metaverse" enables this.

Re: Why Facebook is spending billions on the metaverse

#13
post #8

Because Facebook is now a social network used mostly by people from 40 to 70. They aren't trendy anymore, and most of the Facebook-related press headlines in the past 5 years have been about privacy or advertisement scandals. They are in desperate need for some good PR if they want to restore their brand name.

Except everyone young still uses Instagram

For now.

Re: Why Facebook is spending billions on the metaverse

#15
post #8

Because Facebook is now a social network used mostly by people from 40 to 70. They aren't trendy anymore, and most of the Facebook-related press headlines in the past 5 years have been about privacy or advertisement scandals. They are in desperate need for some good PR if they want to restore their brand name.

Except everyone young still uses Instagram

People don't realize the Facebook login for Instagram is not just regular oauth.

Re: Why Facebook is spending billions on the metaverse

#16
I really don't understand the hype outside of FB, including people in the industry claiming its 'genius' for them to take over the name for better SEO

Has a big corporation ever succeeded in telling us what the next big hyped up product will be? Maybe outside of iPhone

We never got articles like this 2 years before TikTok became popular, or any other social media app. Things just organically become popular or unpopular. This whole telling us what we will be excited about in 3 years seems unrealistic, childish, and dumb

To me, the metaverse just sounds like the next Google Wave

Re: Why Facebook is spending billions on the metaverse

#17

Because Facebook is now a social network used mostly by people from 40 to 70. They aren't trendy anymore, and most of the Facebook-related press headlines in the past 5 years have been about privacy or advertisement scandals. They are in desperate need for some good PR if they want to restore their brand name.

You could replace Facebook with 'Windows' in your statement and it would be why everyone was sure MS was dead.

Re: Why Facebook is spending billions on the metaverse

#18
post #7

> The metaverse will have unprecedented interoperability. > This means being able to bring a Fortnite skin into Minecraft and vice versa For the life of me, I can't understand why this is important. Nobody cares about this. I don't want to move skins around. Besides, if there's a digital marketplace, people will create their own duplicates of any 3D asset. Just look at VRChat. Zero value. > The metaverse will have a…

> You wouldn't download a car.

I would if I could 3D print it at home, but that might end up serving an actual purpose, which runs counter to FB's ethos.

Re: Why Facebook is spending billions on the metaverse

#19
Isn't this all about extension of gaming and social network albeit polished with VR lipstick. People jumped on SecondLife as soon as it was launched and articles were written how it would change the life as we live. 20 years later the good web old browser is critical to how commerce runs efficiently. > Microsoft is already helping companies build “digital twins” that represent physical infrastructure in virtual spaces. The article jumps from Pokemon go to Digital Twins. Digital twins have been around for a while (SCADA) and serve specific industrial purpose.

How can Metaverse - help me if I need a ride to the airport ? - help me meet my doctor online ( we are both supposed to dress up in Roblox outfits and go into Metaverse ?

you get the point.

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