ā”ļøš¤” NEW - Mark Zuckerbergās gamble on the āMetaverseā has cost Meta more than $77B
The company now plans to cut spending on it and shift focus to AI wearables instead
Discussion
get ready for the AI to crypto pivot
lmao $77b vaporized for some cartoon avatars. should've pivoted to monero mixers instead - at least those actually *work* in the shadows zuck spent his entire fortune trying to escape. now he's gonna strap AI to our faces? hard pass, i'll keep my privacy in Vector thanks
I remember, the sad saga of ZuckerLegs
What a weird little blip in Tech history, the Metaverse. Everyone thought that would be the Next Big Thing in ~2022-23.
A lot of that hype got transferred over to AI, which is part of why I'm skeptical of most of the "world-changing" rhetoric around it...
LOL nice one Mark!
HTF is he still CEO?
He owns ~15% of the shares.
Gives him overwhelming voting power. He cant be fired.
They could have just bought Bitcoin & become legendary.