What about the Metaverse?
It's quite a lot I don't hear about that now.
this post was submitted on 21 Aug 2025
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Technology
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Imagine blowing through 10-20 billion on a technology more dislikee and under adopted than 3D Television. Anyone remember that tech fad disappearing in silence?
Everything this man has touched since Facebook has nosedived. Even Facebook is actually terrible, but it's the place to connect so it's still in use. Anything that would try to compete with it would be bought out or quarantined away. How does he still get investor backing?
The Facebook interface is god-awful, and this is coming from someone who used to like and welcome the changes back in the day, to the point of defending it. Ever since Covid, it has lost all its remaining personality in favor of fast iteration.
What grinds my gears, though, is the way it has piles of configuration settings that are intentionally confusing and hostile to users, and branded in the name of transparency, but without mentioning that the most invasive settings will be kept on by default.
good, suffer
The Metaverse was being spruiked as the next big thing that everyone will need a VR headset for by Facebook as recently as 2023, which went so far as to change their name to Meta Platforms in 2021. Then they posted dozens of billions in losses in their Meta department each year for the succeeding couple years before casually dropping a post saying Meta would 'pivot away from the Metaverse to focus on AI' in early 2023. Wonder what the final losses will be for LLM AIs.
In a rational world, investors would watch Zuck to see what he goes all-in on next and avoid it. Buy the stock market is built on feelings and hype, irrational by nature.
Sucks to suck, Zuck.
I'm predicting the whole AI industry is crumbling into chaos. Not now, but soon; let's say, in two or three years. It'll be like the dotcom bubble, except way worse, and it might blow up even organically useful parts of the industry.
When it reaches that point, you'll see corporations rebranding themselves every bloody where - because even "they used to invest in AI" will be seen as brand damage.
I hope it crumbles right on top of him and those closest to him.