Nobody needs a VR internet. Nobody needs Facebook to monopolize the VR internet ecosystem. It was a bad idea from the start, product of desperation over the social media site having peaked already and no clue where to go from there.
I could have saved Facebook $30B. Nobody wants to sit in a classroom and wear VR goggles for an hour straight just to see 3D models or whatever.
Ooh I can play chess with a friend who lives far away? I can already do that, and I have zero interest in seeing a hologram of my friend staring at a virtual chess board.
They wanted businessmen to conduct their private business meetings in a virtual reality space controlled and provided by Facebook. rofl Corporate espionage on a massive scale, but they'll totally promise not to look.
He needs to show investors that Facebook is profitable, that they have products that increase in value over time.
Getting some pay offs from Democrats does not work. If they had a product that the government would buy on a contract would be a different thing.
Meta the company doesn't need profitability. It owns Facebook, Instagram, and Whatsapp. Meta and Metaverse aren't the same thing, despite people using them interchangeably.
Facebook is profitable to all governments and businesses in terms of data harvesting and marketing, regardless of any "on paper" value. It'll never die, for as long as it has those benefits the governments of the world will keep paying into it. Same with the other two. Whatsapp especially is even better because its what a lot of poorer foreign countries and "burner phone" people use, who wouldn't use the other two much.
Metaverse, the VR shit, has minimal userbase or adoption rate and is likely why their stock and layoffs keep happening.
You think a small core of incredibly rich investors care about market fluctuations?
They are making money elsewhere in their portfolio simply to offset the losses. They care way more about the political leverage than the losses that they can write off.
No, you missed the point. You said investors don't care about profitability. I pointed out that many investors have sold as a result of their lack of profitability.
To think they thought they could sell digital assets in this world. Who the fuck wants a picture you can only see in the metaverse? stupid fucking ideas.
Nobody needs a VR internet. Nobody needs Facebook to monopolize the VR internet ecosystem. It was a bad idea from the start, product of desperation over the social media site having peaked already and no clue where to go from there.
I could have saved Facebook $30B. Nobody wants to sit in a classroom and wear VR goggles for an hour straight just to see 3D models or whatever.
Ooh I can play chess with a friend who lives far away? I can already do that, and I have zero interest in seeing a hologram of my friend staring at a virtual chess board.
I love VR
Yeah this isn't needed.
AR hollogram of a friend? Ok now we're maybe talking, but that's years away.
They wanted businessmen to conduct their private business meetings in a virtual reality space controlled and provided by Facebook. rofl Corporate espionage on a massive scale, but they'll totally promise not to look.
Less internet.
More real life.
In what way would a VR internet be superior to the internet?
Zuckerberg did his job and stole the election he now has protection and leverage over every democrat politician and likely a few RINOs as well.
He can get government money and support at will.
He needs to show investors that Facebook is profitable, that they have products that increase in value over time. Getting some pay offs from Democrats does not work. If they had a product that the government would buy on a contract would be a different thing.
Meta the company doesn't need profitability. It owns Facebook, Instagram, and Whatsapp. Meta and Metaverse aren't the same thing, despite people using them interchangeably.
Facebook is profitable to all governments and businesses in terms of data harvesting and marketing, regardless of any "on paper" value. It'll never die, for as long as it has those benefits the governments of the world will keep paying into it. Same with the other two. Whatsapp especially is even better because its what a lot of poorer foreign countries and "burner phone" people use, who wouldn't use the other two much.
Metaverse, the VR shit, has minimal userbase or adoption rate and is likely why their stock and layoffs keep happening.
Profitable? Investors don't give a shit about profitability when you have politicians in your pocket.
They pay money into Meta for the political leverage, not the product.
Is that why Meta stock is down 50% from its peak?
You think a small core of incredibly rich investors care about market fluctuations?
They are making money elsewhere in their portfolio simply to offset the losses. They care way more about the political leverage than the losses that they can write off.
Who do you think has sold resulting in those losses? Retail investors?
You again missed the point, the losses don't matter. That is the cost of doing business.
No, you missed the point. You said investors don't care about profitability. I pointed out that many investors have sold as a result of their lack of profitability.
Nobody wants stupid ugly kid cartoon Metaverse. Zuck is running his company into the ground on this fantasy.
To think they thought they could sell digital assets in this world. Who the fuck wants a picture you can only see in the metaverse? stupid fucking ideas.
they had 10,000 employees to begin with? The few things I've seen of Metaverse I could have whipped up in a game jam.
Oh no...anyway.