After Meta’s stock dropped 26 percent in one day, Zuckerberg is under fire. On Thursday, Amazon’s president of products took a shot at Meta, stating that the business is working on improving a virtual world that will lure people to abandon reality. “I want to attempt to work on ways that boost people’s brains, let them enjoy the actual environment around them, make families more communal,” David Limp stated at The Wall Street Journal’s Future of Everything conference. He also mentioned that if he asked the crowd what the Metaverse was, they would respond with “205 different responses.”
When you’re beneath the horse, you don’t get kicked, but many in the IT business are hurt by Mark Zuckerberg’s metaverse since his firm spent money and its stock is sinking. Despite its stock falling 26% this year, Meta, the corporation once known as Facebook, has invested more than $10 billion in the illusive metaverse. Despite Zuckerberg’s greatest efforts to sell people as his future, no one truly knows what the metaverse is. This isn’t the first time a tech leader has mocked Zuckerberg’s hazy metaverse notion. Snap CEO Evan Spiegel, a pioneer of augmented reality, described the Metaverse as “vague and fantastical” last month. His firm denies using the word in its workplace. “Just ask a group of people how to describe it, and everyone’s definition is radically different,” Spiegel said in an interview with the Guardian in April, echoing Limp’s issue.
The phrase “metaverse” is a little deceptive, because the word “verse” indicates that you are transported to another “universe.” Of course, some of these tactics – such as immersive gaming – have an element of escapism to them. “However, the metaverse is much more,” Clegg added. “Ultimately, it’s about finding additional ways to incorporate the benefits of the internet world into our daily lives — complementing rather than replacing our experiences.” For the time being, whatever that means, it’s not helping to sell Zuckerberg’s virtual world vision, but it’s possible that once the firm has a better idea of what the Metaverse needs, it will be able to assist its customers. will begin to translate For the time being, it’s too abstract and unimportant.
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