Earlier quoted context omitted.
This is true, but the main reason was that people have been predicting this was that young people don’t want to be on a social network with their parents. This social dynamic prediction has played out, and Facebook did the 100% predictable thing that all rich entrenched players do — they bought the smaller competitors, most famously Instagram. I fully expect them to continue to be able to monetize their user base, an…
Quest was the best selling game console this holiday, which doesn't sound niche to me.
It’s niche.
https://www.wsj.com/articles/metaverse-needs-more-than-vr-ch...