And thus begins their gamble. They’re going to have to bet the entire biz on virtual. Most public companies can’t do this, but FB has a unique control structure that gives Zuck the ability to bet the farm.
Does anyone else find this on the level of batshit crazy insane? Meta, are we really going to divest so far from the physical world that the a virtual reality is worth that much? I mean VR is realistically a video game. I just don't see it but I do see desperation from FB.
Imagine meeting someone online, dating or friendship, you put on a lightweight VR headset and get transported to a replicated NYC rooftop bar, where loads of people from around the world are sitting, drinking and chatting. Socializing with a date or a group of people at the comfort of your home, going on outings, inviting your friends to your digital house, work meetings in a digital office instead of Zoom (I already seen companies doing this; VR meetings). People will be able to form romantic relationships and stronger friendships from across the world. Zoom, Skype, Discord will seem like old world relics.
It's like the appeal of World of Warcraft when it was a its peak, but not gaming - not appealing to just gamers. Appealing to everyone who's open to socializing online.