Click here: to donate by Credit Card
Or here: to donate by PayPal
Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794
Thank you very much and God bless you.
Posted on 03/20/2026 3:14:59 AM PDT by yesthatjallen
Tech giant Meta has reportedly announced that it is shutting down its metaverse project, which was a dream project of its founder Mark Zuckerberg, who had called it “the next frontier" upon rebranding the social media company from Facebook to Meta in 2021. Four and a half years later and a total outlay of humongous $80 billion, the project has been dumped, making it a failed project.
The shift in Meta’s approach came at a time when generative artificial intelligence (AI) has become the new hotbed for tech companies, with capital expenditure reaching trillions of dollars and a heated race to dominate the market.
Meta announced that Horizon Worlds, its social VR platform, will be removed from Quest headsets entirely by June 15.
What went wrong, and what was the Metaverse project?
Mark Zuckerberg had announced a major strategic shift by rebranding Facebook, which until now had been perceived as a social media company, into Meta, a complete tech company, competing against other giants such as Google and Microsoft.
Meta launched a mega project known as Horizon Worlds in late 2021, aimed at bringing people into a virtual reality.
SNIP
(Excerpt) Read more at news18.com ...
|
|
Click here: to donate by Credit Card Or here: to donate by PayPal Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794 Thank you very much and God bless you. |
-PJ
Cool. I didn’t realize that I had forgotten all about Metaverse...until now, and it doesn’t even matter.
The reason why it didnt work is because people don’t want to wear stupid glasses and have images beamed onto the lens.
A better advancement would have been the ability to convert rooms that you stand inside glfor your immersion environment.
The characters were little more than clunky cartoon Sims. The whole execution was amateurish and the result was goofy.
“The whole execution was amateurish and the result was goofy.”
So it had a heavy curry smell to it.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.