Earlier quoted context omitted.
I love it when megacorps misinvest billions. Opens space for a competition that didn't.
It's actually kind of amazing that there's not any real consequence to making that bad call. It sucked up a lot of energy, lots of people tried to stake and early adopter position in the metaverse and it turns out everyone just didn't want that. I think they could have made more money if they built games into facebook. At probably a fraction of the cost really.
https://www.niemanlab.org/2021/09/well-this-puts-a-nail-in-t...