Facebook shutting down its Horizon Worlds VR Metaverse

7 months ago by David Gerard to c/techtakes

Meta, formerly Facebook, has a bee in its bonnet about AI and is spending as much money as it can. But it had another bee in its bonnet before this — the Metaverse! Virtual reality! Mark Zuckerberg…
sailor_sega_saturn 36 points 7 months ago

Against all odds they found a worse future to pursue than forcing employees to strap VR goggles to their heads 40 hours a week, and have pivoted towards AI.

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OwOarchist 22 points 7 months ago

And toward mass surveillance.

When you look deep into who's pushing all these new 'age verification' laws all the sudden, Meta's fingerprints are all over it.

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bitjunkie 23 points 7 months ago

lol

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frank 19 points 7 months ago

Lmao, even

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NateNate60 20 points 7 months ago

In a rational world, that fiasco would have resulted in shareholders angrily blowing the e-mail inboxes and telephones of every member of the board of directors and Zuckerberg would have resigned in shame years ago.

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veni_vedi_veni 7 points 7 months ago

Yea, don't really have much sympathy for Meta investors, they continue to give money to a company where the founder has a 51% voting share.

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NateNate60 4 points 7 months ago

Well, it's not really a rational world. I mean, Tesla stockholders somehow still want Elon in charge despite sales, brand value, public perception, and product quality declining under his watch.

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YourNetworkIsHaunted 3 points 7 months ago

Seriously. Instead he announced he was going to be throwing somewhat less money into that specific dumpster fire and the investors decided that was worth 4%.

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darkdemize 14 points 7 months ago

It was still open?

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HootinNHollerin 12 points 7 months ago path: 0 22742018, hotness: undefined, score: 12, children: 0
arbitraryidentifier 12 points 7 months ago

Both customers will still be able to get Horizon Worlds on a mobile phone

I loled

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spittingimage 11 points 7 months ago

Once again I see more warmth and depth of emotion in that low-poly avatar than in the man it's based on.

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OwOarchist 11 points 7 months ago

Imagine how much money was spent on this...

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Zozano 16 points 7 months ago

You don't have to!

The answer is $77 billion USD!

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fake 4 points 7 months ago

Fucking how!?!????

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Zozano 6 points 7 months ago

Because the amount of money that billionaires have is not proportional to the true value of that money.

It is literally impossible for Elon Musk to spend all of his money without fucking up the entire global economic system, unless every country perfectly predicts and accommodates for a massive inflation event.

Money is not Money in the way it used to be.

The value has been stretched to such a silly proportion, that when Meta burns $77 billion, they just keep on going. They just write it off. It's fucking ridiculous that human value is not even represented by currency.

All of this shit is fucking phantom money, it's a concept in numbers, nothing more.

If you earn $15/h, it would take you 7 million years to reach the same wealth as these dickheads who don't look at you as anything other than a digit on a spreadsheet.

It's sickening. And if you're not fucking pissed, you should be.

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swlabr 5 points 7 months ago

Riding this high for a while folks

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QuinnyCoded 4 points 7 months ago

just a reminder, vrchat is still hella popular and alive

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RVGamer06 1 point 6 months ago

And there's even a new kid on the block for the furries out there, or those who would like a Euro alternative: Resonite

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V0ldek 4 points 7 months ago

In hindsight, it wasn't the best of ideas.

I mean, it was obvious at the time as well, but nevertheless

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pikesley 4 points 7 months ago

@dgerard I imagine their users are furious. Both of them

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MummifiedClient5000 4 points 7 months ago

Oh no. Please don't.

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