Here’s the problem though: Facebook is losing users, revenue growth is in the tank, and there is no light at the end of the tunnel. Since Facebook is the choo-choo that pulls the whole train, it is clear they need to fix something.
The concept of the Metaverse is fine but I don’t really see the appeal for interacting with friends that way. If I put on a VR headset I want to be killing orcs and stuff, not hanging out in a virtual Sheboygan. If I want to talk to a co-worker I’ll use Zoom. Oh! But the Metaverse will have NFTs! Something else I have 0.0 interest in.
There might be something to it, but I’m scratching my head at this point. Based on the stock price, I’m not the only one. Maybe the Zuck will prove me wrong, who knows? Stock is cheap as dirt at the moment, so might be a good time to get in if you believe in Zuck’s vision. I don’t.