Zuckerberg has blown 77 billion – enough money to revitalize entire countries – on an idea so overwhelmingly, obviously stupid that I have never once heard anyone, from the Thanksgiving avuncular table to the most wretched depths of social media, say they liked it or even tried it. He was so sure that it would revolutionize the world that he renamed his extremely famous company after it. And now he's on to the next thing that he's so very, very sure about.
The world needs direction from sober people who aim to improve the human condition, not the whims of a handful of billionaire princelings who absolutely, positively cannot be dissuaded from failing at unprecedented scale while chasing their own vainglory off the edge of a cliff.
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@npub1qu56...qel2 My guess is that he saw Ready Player One and became obsessed with becoming James Halliday.
@npub1qu56...qel2
A Youtuber I like make a fun video about it. Probably the most entertaining thing to come out of the mess.
@npub1qu56...qel2
Reminds me that the companies that Howard Hughes, Jr. owned always made money ... except when he stepped in to run them.
@npub1qu56...qel2 There's a reason he thinks he needed to own a state and build a giant bunker under it. He knows what's coming. And it will be sooner rather than later in my opinion.
> the world needs direction
how about thinking for yourself
@npub1qu56...qel2 I agree with @npub1hyku...3p33 's theory that growth stocks will do anything to remain valued as growth stocks. So in metaverse's case, the thing actually succeeding was a secondary objective compared to spinning a narrative of continued potential infinite future growth. That's why the story is so easily and readily replaced by a new one about AI or crypto or whatever the current fad might be.
Zuckerberg intentionally killed the idea of the metaverse, I believe that was his true intention.
Maybe. At some point it "makes sense" to blow bubbles just so you can pop them.
"You can make more money with a flop than with a hit." - The Producers
@npub1qu56...qel2
i would like to point out that Nasa spent a cumulative total of $57B over 65 years to visit every planet and many small bodies in the solar system, which is still less than the $60B Mark spent in just 5 years building the Metaverse.
@npub1qu56...qel2 so I guess.... Meta is going down the Perish path?


@npub1qu56...qel2 It's systemic, not individualist. He would not have the chance to abuse his power if he didn't have it.