Earlier quoted context omitted.
> look at Facebook lighting almost $40 billion with their Metaverse product That’s only because it failed (and the jury is still out on that). If it works they’ll conquer an entirely new market right from the start. Certainly a much better long term strategy than hoping they can keep up their advertising revenue.
It won't! That's the most galling aspect of this gigantic waste of money. That you're calling it a "new market" is precisely the problem --- when you've sunk this many billions into something, you can't wait that long before needing to make that money back. The "metaverse" is ironically set up to be Facebook's walled garden. It has no other use, it cannot be repurposed or made modular in any way. It's not a standalon…
Facebook has their own platform but it's built on top of others so it can be choked off. Facebook wants its own OS.