981–990 of 1001 posts
"The concept [Meta] originates from Snow Crash, a dystopian novel from the 1990s in which people flee the crumbling real world to be fully immersed in a virtual one" Facebook is creating a virtual world to allow us to escape the deteriorating state of this one.
The core idea of having a universal layer on top of reality that is owned by any company, at all, is utterly repulsive to me. I'm not sure I have the words to describe it. The type of world Facebook is describing is always -- 100% of the time -- a dystopia if it is a privatized, corporate-controlled AR/VR layer where ordinary people need permission and contracts to interact with each-other. Anything any single compan…
I'm pretty sure this literally just means "it'll have apps"
So it's "created by people all over the world, and open to everyone" in the same way iOS is. Sounds like a great replacement for reality
Earlier quoted context omitted.
> the market has repeatedly shown there isn't much demand for persistent virtual worlds I don't know if you have a more narrow view of this idea or specifically mean VR/AR, but that just sounds like what massively multiplayer online (MMO) games such as Ultima Online, Everquest, and World of Warcraft are. I think Roblox is even a broader use case, though I am fairly unfamiliar with that. MMOs have been very viable fro…
> MMOs have been very viable from both a business Really? Everything that's not named World of Warcraft seems to die out, usually in less than a year. It's a genre that's been a notorious recipe for failure for most companies not named Blizzard.
Earlier quoted context omitted.
What things would those be? As far as I know his successes are a) 1 idea he had as a 19-year-old plus b) some other things that he bought with the money from that.
Well, he sure knows what to buy. Remember when he bought Instagram for a billion dollars? That amount seemed unreasonable high back then. Looking back though ... I'd wish I could spend money as well as Zuckerberg.
If anything, it seems like young people ended up moving to Snapchat as their main social media platform of choice since the purchase. I had a ton of friends who used Instagram frequently but now almost no one posts there, other than occasional stories. The main feed is almost entirely ads now, and I can't remember the last time I had a conversation with someone who said they like Instagram still.
That's not to say it hasn't grown and isn't making them money, but I also don't think Instagram would have had the same trajectory if Facebook didn't buy them. They just integrated it with their existing platform that already had a lot of traffic.
If there is going to be a metaverse, I'm not sure I want Facebook to own it. It's like a bad sci-fi pulp story. Given their investment and research, I wonder if they should open it all up (even if contradictory to short-term gains in ad revenue) so it has a chance to grow? Federate it a bit more than they are comfortable with, to at least give it a chance. I could see this flubbing out hard otherwise. I'm personally…
But with the current discussion, I'm surprised we haven't heard more from other players in the field except facebook. What about the makers of VRChat or Second Life? Metaverse-style virtual realities are their bread and butter - and now for the first time, we have a discussion about this subject that includes the larger public. Shouldn't they be all over this?
And yet, the only ones talking about the "Metaverse" seems to be Facebook - pardon, Meta. So I wonder, if this whole Metaverse discussion an actual discussion at all or is it just Facebook kicking up dust?
Earlier quoted context omitted.
For b) assuming each Quest costs Meta around $400, and they are sending to 1B users, $400B, so about half their market cap and 10x yearly revenue :).
They sell the Quest for $200, do you really think they're losing another $200 on each unit?
If there is going to be a metaverse, I'm not sure I want Facebook to own it. It's like a bad sci-fi pulp story. Given their investment and research, I wonder if they should open it all up (even if contradictory to short-term gains in ad revenue) so it has a chance to grow? Federate it a bit more than they are comfortable with, to at least give it a chance. I could see this flubbing out hard otherwise. I'm personally…
>We don’t think about this as if different companies are going to build different metaverses. We think about it in terminology like the Mobile Internet. You wouldn’t say that Facebook or Google are building their own Internet and I don’t think in the future it will make sense to say that we are building our own metaverse either. I think we’re each building different infrastructure and components that go towards hopefully helping to build this out overall and I think that those pieces will need to work together in some ways.
https://stratechery.com/2021/an-interview-with-mark-zuckerbe...
If there is going to be a metaverse, I'm not sure I want Facebook to own it. It's like a bad sci-fi pulp story. Given their investment and research, I wonder if they should open it all up (even if contradictory to short-term gains in ad revenue) so it has a chance to grow? Federate it a bit more than they are comfortable with, to at least give it a chance. I could see this flubbing out hard otherwise. I'm personally…
In the recent Stratechery interview with Zuckerberg, Mark seemed to indicate FB has no intention of _owning_ the metaverse. Rather, they want to build the technology and platforms that will go towards enabling it. His quote below: >We don’t think about this as if different companies are going to build different metaverses. We think about it in terminology like the Mobile Internet. You wouldn’t say that Facebook or Go…
Of course not; buying up competitors is much more practical (why build what you can buy?). So this is presumably the same strategy Facebook plans for any competing companies that make successful use of whatever open systems underlie "the metaverse".