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Why Facebook is spending billions on the metaverse

johncoogan.com

21–30 of 133 posts

Re: Why Facebook is spending billions on the metaverse

#21
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…

> This means being able to bring a Fortnite skin into Minecraft and vice versa

This is nothing. Fortnite and Minecraft are not built the same, so what this means is that someone built a Fortnite skin, and a Minecraft skin, and told Meta about both. It's not "interoperable" if it's just someone doing all the work twice.

Besides, why would Epic and Microsoft both roll over for Facebook here? There's an intrinsic benefit to rival corps flatly ignoring Meta and waiting for it to go away.

Re: Why Facebook is spending billions on the metaverse

#22

Gross. If anything, the more I have become ensconced in the internet the more I have begun to appreciate the physical world. My mental health must be wired to require actual trees, sunshine, birds, walks in the neighborhood.... Like a library, I want my internet to be there when I want it, but I don't want to live in it.

Absolutely. The whole thing of "living in the internet" sounds absurd when you apply it to any other technologies. Imagine:

"I want to live in the telephone."

"I want to live in the electric."

"I want to live in my car..." oh, wait...

Re: Why Facebook is spending billions on the metaverse

#23

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.

People with money in other words, they seem to be missing point on monetising it then, maybe one day AI will be able to simply say it’s stupid and something completely different should be done.

Re: Why Facebook is spending billions on the metaverse

#25
Nearly every single modern technology that exists, I have been trying to get away from for years. In fact, most technologies aside from the ones that maintain our houses (which are mostly only necessary because of the bizarre way we build houses) are detrimental to the environment and to our very health. Even health care technologies can be detrimental to us. We do live longer from the advancement of science, but technology itself seems to counteract that in many cases (not all obviously).

I don't want VR. I'm sure there is some reason why I should want VR. But I'm very happy at the moment not knowing what that reason is.

Luckily I have disconnected from social media, and only use things like YouTube to learn how to build a shed. But I dread the idea that some technology I don't even want will find its way into my life just because some company will make it impossible to live without it.

Re: Why Facebook is spending billions on the metaverse

#26
post #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 unpopul…

... or the next MySpace.

Re: Why Facebook is spending billions on the metaverse

#27
post #9

As I was watching their 'keynote' I couldn't help but wonder about the many companies that took a similar approach and then died. Spending a ton of money on something doesn't make it automatically successful. [1] In fact, history has shown the opposite to be true. Take Facebook itself for example, it succeeded, not because it poured Billions into building its social network. Mark built something small, for a small ma…

How about Tesla?

Re: Why Facebook is spending billions on the metaverse

#28
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…

Not to you or anyone in this room perhaps, but to a child who their entire life revolves around fortnite and minecraft it... May provide some value.

My personal belief is that reality will probably represent your assessment.

Re: Why Facebook is spending billions on the metaverse

#29
> There will be no cap on concurrent users. This is one of the hardest problems to solve from a technical point of view, but it’s critical. The biggest online games still restrict each session to around 100 players. Even though millions might be playing at a given time worldwide, a single server will be capped. Massive concurrency will make metaverse experiences feel very different from the present-day internet.

Oh cool, looking forward to them waving a magic wand so that they can handle the O(n^2) interaction of n clients interacting in close proximity. World of WarCraft retail can't even handle a 40v40 fight in Alterac Valley smoothly. EVE Online handles massive space battles by delaying events and having things stop occuring in realtime. What are Blizzard and all other MMO developers missing?

Re: Why Facebook is spending billions on the metaverse

#30
post #9

As I was watching their 'keynote' I couldn't help but wonder about the many companies that took a similar approach and then died. Spending a ton of money on something doesn't make it automatically successful. [1] In fact, history has shown the opposite to be true. Take Facebook itself for example, it succeeded, not because it poured Billions into building its social network. Mark built something small, for a small ma…

How about Tesla?

Tesla followed the same model, no? Roadster -> Model S/Y/X -> Model 3
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