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'Metaverse Will Be Our Slow Death': Meta Employees Hit Out At Zuckerberg – Slashdot

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I’m not sure what these people are talking about. Meta needs to keep spending all the money that they possible can on the Metaverse. Spend every last dime.

I’m not sure what these people are talking about. Meta needs to keep spending all the money that they possible can on the Metaverse. Spend every last dime.
You aren’t thinking big enough. If they do that they might get overtaken by a competitor. Meta needs to borrow huge huge amounts of money from their key shareholders and then spend every last dime of that as fast as possible. I’ve heard on blind that Microsoft is doing that already and might win the race. In fact this is so crucial that I’d even propose all the Meta shareholders go out and get as many loans as they can and give that to the company to spend.
Found the person who shorted Metastasis stock.
Interesting FP thread, though I still dislike vacuous titles?
My new one? Funny story there.
I was mostly inactive on Facebook, but had been considering dropping off for a while. Hadn’t done it, but then Facebook sped things along with an announcement of my death for unspecified heinous crimes. No warning, shots or otherwise, and since I can remember most of my final actions there, I’m pert’ shure I got bushwhacked. (But I’ve mentioned the event a couple of times and haven’t heard any “Me, too” responses, so

So while I would love to see Facebook die, I mostly hope it’s painful rather than slow.

So while I would love to see Facebook die, I mostly hope it’s painful rather than slow.
Why not both?

But they were virtual billions.

But they were virtual billions.
Realistically, is there any other kind of billions?

Found the person who shorted Metastasis stock.

Found the person who shorted Metastasis stock.
Looks pretty smart, given META’s stock price has dropped by nearly 70% in the past year. But it’l probably rebound any day now. Right?
Well, if Microsoft gets involved I am imagining a VR world in which everyone has legs. But no upper body.
I’ll use Metaverse if and only if Hiro Protagonist or Da5id recommend that I do so.
Even if Meta or Facebook or whatever the company is supposed to be called goes bankrupt or folds, Zuck will still be around. Someone somewhere will be willing to give him the means to run another company which will probably do creepy shit in a different way, while turning people into products and making it sound like the company is enlightened and all that.
I still hope for a quick death.
Yeah, I think the Facebook employees are confused. Facebook is slowly dying. So implying Meta’s Metaverse nonsense might bring about a slow death suggests that it will be moderately successful, at least able to pay for itself, until Facebook drags it into the grave.
Will you settle for “gradually, then suddenly?”
Because a Facebook owned Metaverse will be an advertiser heaven but a dystopian hell for users. Fuck Zuckerberg.
It behooves why they don’t first perfect a “flat” VR similar to Second Life (or buy it). Your audience would be bigger and you don’t have to fart around with manufacturing. Once you have that going, you gradually bring in the headset thing.
3D is cool for the first hour or so, but won’t carry the whole thing. Don’t forget “social” in social network. Maybe Zuck just wants to stare at 3D titties really badly?

Maybe Zuck just wants to stare at 3D titties really badly?

Maybe Zuck just wants to stare at 3D titties really badly?
That would literally be an improvement.
Well, there are plenty of horny lonely males, but living off mom’s paycheck, they can’t afford 3D headsets.
I understand that you are advocating that Meta should focus first on software and later do the hardware.
Meta / Facebook has been very … abused? … by Apple and Google. They keep threatening to pull their app unless Facebook does things the way those companies want it done. Facebook sees developing the hardware platform their software runs on, and being the leader in that space, as necessary to free themselves from their competitors forcing business models on them that hurt Meta / Facebook.
And anybod
What’s an example of how Google has “abused” Meta/FB? It seems it’s the other way around: FB has been trying to snoop user metadata (no pun intended) from Android phones.

3D is cool for the first hour or so, but won’t carry the whole thing.

3D is cool for the first hour or so, but won’t carry the whole thing.
Yeah, 3D movies and TV were pretty much a bust, and they didn’t require anything as expensive or inconvenient as current VR headsets. Sure, VR allows social interactions, but only for a pretty limited definition of “social”. I’m not sure that difference is enough to make VR successful as a popular medium, even when the price comes down and the convenience goes up.
Because the hardware platform is a top priority. Its applications important but secondary priority.
Facebook does not currently control any of the means for the eyeballs to see their services – Apple, Google and Microsoft do (PC, phone, browser).
The eyeballs can be cut off from Facebook at the whim of a competitor – not a good situation.

Maybe Zuck just wants to stare at 3D titties really badly?

Maybe Zuck just wants to stare at 3D titties really badly?
Then he should have bought Titter before Musk could…

…now mistakenly assumes he is an idea guy too
That’s neither here nor there; he jumped the gun on VR/AR and now he’s paying the price.
It was entirely a matter of timing, not “lack of ideas.”
Watching Zuck and Musk bumble from blunder to blunder, you can’t help but realize that knowing something or having some idea means jack shit in terms of success, at that matters is pure and undiluted luck. Nothing else.
In other words, it’s playing the lottery for suckers that also want to waste time and energy on working. The success rate is about the same.
SpaceX as a company spent a load of effort on reusable rockets. I tried to look through the history of the company to find out why. I did find that MD had already built a vertical take off and landing rocket so it wasn’t an original thought, I just don’t know who drove the obsession inside SpaceX. Would love to know if there was some other engineer that said that.
With Steve Jobs, what was clear is that he at least knew when the engineers had delivered and when they had only got part way there and needed to
Same way I explain the hyperloop and some other failed objects of similar proportions. He had some “visions”, you know, the kind you usually tell your shrink about, threw a load of money behind it and one of the harebrained ideas actually turned out to be viable. The rest, well, not so much.
As someone famously said, the Egyptians built the pyramids. Well, give me a couple thousand slaves and I’ll build you some, too. Things like SpaceX just prove that some crazy ideas just happen to turn out ok if you only

Watching Zuck and Musk bumble from blunder to blunder, you can’t help but realize that knowing something or having some idea means jack shit in terms of success, at that matters is pure and undiluted luck. Nothing else.

In other words, it’s playing the lottery for suckers that also want to waste time and energy on working. The success rate is about the same.

Watching Zuck and Musk bumble from blunder to blunder, you can’t help but realize that knowing something or having some idea means jack shit in terms of success, at that matters is pure and undiluted luck. Nothing else.
In other words, it’s playing the lottery for suckers that also want to waste time and energy on working. The success rate is about the same.
I wouldn’t say pure and undiluted luck.
Musk has enough other successes (Paypal, Tesla, SpaceX) to have proven he has some serious talent, and Zuckerberg has some serious technical skills that he demonstrated by actually writing Facebook.
That doesn’t mean they’re uniquely talented, the lion’s share of their success still comes from good fortune, but it’s also a big mistake to think they’re basically just normal folks who won the lottery.
I think the problem is that when you have that much success it’s really
Looking at the “dumb fucks” origins of Facebook, I’d say it was never about what people want, but what they were willing to give him, for free.
The Catch-22 of social media. Rather hard for consumers to blame the product when they are The Product.
Well, you kinda have to admit that stealing the idea from those Winklevoss twins paid off pretty well for him.
I won’t disagree, but I do wish I had his luck.
But my idea would have been to cash out at peak and then go fuck off for the rest of my life, rather than make more billions.
Mark Zuckerberg, proving once and for all that ceo quality does matter. It doesn’t matter a lot, but you do need to have a certain minimal level of ability.
Not really. Unless the ability to sit on your hands while you let your subordinates do the actual decision making counts as a minimal level of ability.
I’ve known some CEOs that were trench-warfare types, and would go out and sling shit on the line with the rest of the crew in the early days of a company. But I’ve also known some that did little else than sit in their office and make proclamations while fiddling with financial worksheets. Companies CAN run with either. What they can’t do is stop the damages
The CEO has to be good enough at what he’s doing to not run the company into the ground.

It makes one wonder who was holding him back all those years they continued to grow.

It makes one wonder who was holding him back all those years they continued to grow.
Sharyl Sandberg.

Blind users must provide their work email email address, job title and employer when joining the platform

Blind users must provide their work email email address, job title and employer when joining the platform
Apparently “Blind” is a company or a website or something. Maybe a well known one, maybe less well known where I live than where you do and maybe not. Regardless, it’s obviously a fucking stupid name so how about writing it with quote marks around it or putting “inc” or whatever after it to renove the impression that you’re talking about actual blind users, you know people who lack eyesight.
But this means there are verification emails to trace. It wouldn’t exactly be difficult for an email admin to figure out who has which Blind account and posted what about the company. Presumably it’s trivial for a data vacuum and miner like Facebook.
Which means it’s a pretty shitty blind.

Apparently “Blind” is a company or a website or something.

Apparently “Blind” is a company or a website or something.
You’d think there would be a link or something then, but nobody seems to have one. Blind.com is some crappy marketing company, and blind.org gave me a certificate error.
Oh, look. Here it is. [teamblind.com] I had to search for “Blind, the anonymous forum” but it wasn’t really worth it.
…virtual 3D trollin’, it’s what the Gods of the Webtubes ultimately wanted. You can’t go out of business if you are your own competition, even if you suck.
Zuckerberg is right to try to push the company away from Facebook. Social media platforms have very short live spans. 30 years ago, we were seeing the astronomical rise of a little company called “American Online”. They were really the first “social media platform” service. By 2000 it looked like they were going to completely monopolize the entire internet. Today, most people would be surprised to learn that the company still exists at all.
So it will be with Facebook. Even a titan seemingly as unstoppable as Facebook will begin to decline rapidly, in fact it has already peaked and is declining. It’s decline will accelerate. Zuckerberg is right to take Facebook’s current warchest and invest it into something else.
Is the Metaverse going to save them? Well, I’m not sure about that, but Zuckerberg was right that they needed to place their chips somewhere.

Zuckerberg is right to try to push the company away from Facebook. Social media platforms have very short live spans. 30 years ago, we were seeing the astronomical rise of a little company called “American Online”. They were really the first “social media platform” service. By 2000 it looked like they were going to completely monopolize the entire internet. Today, most people would be surprised to learn that the company still exists at all.

So it will be with Facebook. Even a titan seemingly as unstoppable as Facebook will begin to decline rapidly, in fact it has already peaked and is declining. It’s decline will accelerate. Zuckerberg is right to take Facebook’s current warchest and invest it into something else.

Is the Metaverse going to save them? Well, I’m not sure about that, but Zuckerberg was right that they needed to place their chips somewhere.

Zuckerberg is right to try to push the company away from Facebook. Social media platforms have very short live spans. 30 years ago, we were seeing the astronomical rise of a little company called “American Online”. They were really the first “social media platform” service. By 2000 it looked like they were going to completely monopolize the entire internet. Today, most people would be surprised to learn that the company still exists at all.
So it will be with Facebook. Even a titan seemingly as unstoppable as Facebook will begin to decline rapidly, in fact it has already peaked and is declining. It’s decline will accelerate. Zuckerberg is right to take Facebook’s current warchest and invest it into something else.
Is the Metaverse going to save them? Well, I’m not sure about that, but Zuckerberg was right that they needed to place their chips somewhere.
I agree that they need to find a new horse. Facebook’s major advantage right now is it’s the default way to contact people on the internet (they’ve also leveraged this a bit into online IDs). But sooner or later someone will supplant that, it’s risky building a massive business empire on the back of a single website.
I also think it’s smart using that war chest to invest in new tech, such as VR.
I think the big screw up is trying to switch to that new horse way before it’s ready, remotely proven, or even exis
So what do they have to show for the $13 billion or $15 billion or whatever the crazy amount of money du jour is? On the right path presumes you’re on a path at all. Metaverse is just a wild goose chase by people who think “Ready Player One” is realistic.

Metaverse doesn’t translate to “VR” exclusively. It’s probably even a plural concept once it becomes the next iteration of the Internet.

Metaverse doesn’t translate to “VR” exclusively. It’s probably even a plural concept once it becomes the next iteration of the Internet.
Ok… so what is the Metaverse then?
The Google to Alphabet transition made some sense since even though search dominated the revenue Google had other substantial offerings so Alphabet could be a catchall and those other products wouldn’t be explicit second fiddle.
But Metaverse is saying the core of the company is a slightly fuzzy concept that isn’t even implemented yet. It would be like if Musk renamed Tesla after his state-of-the-last-decade robot.
There have been some smart and insightful comments on this story, but for my money what you wrote above is the best so far. Good on you mate – I wish I had mod points!

Zuckerberg is right to try to push the company away from Facebook. Social media platforms have very short live spans. 30 years ago, we were seeing the astronomical rise of a little company called “American Online”. They were really the first “social media platform” service. By 2000 it looked like they were going to completely monopolize the entire internet.

Zuckerberg is right to try to push the company away from Facebook. Social media platforms have very short live spans. 30 years ago, we were seeing the astronomical rise of a little company called “American Online”. They were really the first “social media platform” service. By 2000 it looked like they were going to completely monopolize the entire internet.
I don’t think AOL is an apt comparison to Facebook, though. AOL was killed off specifically by a huge, particular technology migration: the move of Internet users from dial-up to broadband via cable or DSL. Dial-Up was perfect for companies like AOL because it encouraged walled gardens. Recall that back then, most people got their access through these walled gardens, like AOL, Compuserve, and Prodigy. General access Internet companies tended to be small regional units that advertised to users who were more

I don’t think AOL is an apt comparison to Facebook, though. AOL was killed off specifically by a huge, particular technology migration: the move of Internet users from dial-up to broadband via cable or DSL.

I don’t think AOL is an apt comparison to Facebook, though. AOL was killed off specifically by a huge, particular technology migration: the move of Internet users from dial-up to broadband via cable or DSL.
Broadband gave users incentive to change providers, but the seeds of AOL’s doom were planted before that: the Web killed AOL’s walled garden.
At the outset, AOL provided access and content. But as the Web exploded, more and more people began treating AOL as just a convenient ISP. They didn’t want to become just a dumb pipe, but that’s what happened. The content that AOL was paying to create couldn’t keep up with what was available on the broader web. Even when AOL bought TimeWarner (including their broadband

At the moment, people sharing content are forced into sharing only with members of a particular silo. But what they want to do is to share content with all of their friends. The Next Big Thing that does that will kill Facebook.

At the moment, people sharing content are forced into sharing only with members of a particular silo. But what they want to do is to share content with all of their friends. The Next Big Thing that does that will kill Facebook.
I’m reminded of that scene in The Incredibles where Syndrome says “Everyone can be super. And when everyone’s super… no one will be”. When everyone has a voice that reaches everyone else, maybe that Next Big Thing will look more like a utility than like a splashy tech fashion brand.
Not that there’s a lack of money to be made from utilities; but I don’t think the ego of someone who is used to being hailed as a ‘tech innovator’ will be satisfied by the press given to a ‘utility manager’. So much of what we’

Once everyone got broadband, everyone became more savvy

Once everyone got broadband, everyone became more savvy
Widely available broadband Internet access didn’t make everyone more savvy; it just made them a lot faster at being stupid.

Once everyone got broadband, everyone became more savvy

Widely available broadband Internet access didn’t make everyone more savvy; it just made them a lot faster at being stupid.

Once everyone got broadband, everyone became more savvy

Once everyone got broadband, everyone became more savvy
Widely available broadband Internet access didn’t make everyone more savvy; it just made them a lot faster at being stupid.
I was just thinking earlier that most people didn’t use anti-virus in the mid-90’s because malware just really wasn’t that widespread at the time. But as more and more people got faster Internet, and moved away from the AOL’s, and started using IE and MS mail clients, that’s when malware really started to flourish, and you HAD to have Norton or McAfee or a competitor. So I guess it was a bit both… people learned to use the “regular” Internet, but they were also naive enough to open zip files from Nigerian
The stakes were also different. In the mid 90s most computers were only barely connected, if at all. Most people used computers for games, maybe some letters or budgets, a handful of other things. Businesses might use them for more but would also tend to be more protected anyway. Most viruses/malware at the time were intended to be either relatively harmless pranks that popped up messages or were annoying, or destructive on certain dates or triggers.
Nowadays people have their whole lives on their computers.

I don’t see any such technology-change meteors coming for current social media companies.

I don’t see any such technology-change meteors coming for current social media companies.
That change has already arrived, it was cheap high speed mobile data. Facebook dominated in the text and image era but has lost out to competitors now that everything is about video. Now Facebook is playing catchup to TikTok in that space and is currently losing. The idea to target VR/AR isn’t a bad idea but the tech isn’t good enough so any VR/AR experience is going to be worse than a pure video experience when that changes facebook might be in a position to take advantage but I wouldn’t be betting on it.
They were really the first “social media platform” service
Prodigy and Compuserve might take exception to that statement. Or Minitel for that matter.

They were really the first “social media platform” service

Prodigy and Compuserve might take exception to that statement. Or Minitel for that matter.

They were really the first “social media platform” service
Prodigy and Compuserve might take exception to that statement. Or Minitel for that matter.
And MySpace. And GeoCities. And Internet Relay Chat. And USENET. And And pretty much every BBS (dial-up bulletin board services, for you kids) ever.
Don’t forget that awesome campfire everyone was sitting around in 73,454 BCE.
At least, IRC, usenet, BBSes (Internet), etc. are still alive today.
Facebook definitely needs to diversify, they’re just not any good at it. Remember when Facebook was going to be a big deal in the crypto-currency & banking market with Libre? Remember when they were going to be an internet service provider? Remember when they were going to be a smartphone maker? Remember Facebook Deals (a copy of Groupon)? Facebook Messages (email)? Facebook Gifts? Facebook Places?
Facebook is like that one-hit-wonder that keeps putting out new records that no one buys.
Henry Ford is often invoked here: “If I had asked people what they wanted, they would have said faster horses.” While Ford didn’t actually say this [quoteinvestigator.com], it’s very apt for new technologies when neither the public nor the designers really understand the possibilities (and the device is still crude/ridiculous and has a poor supporting ecosystem, etc). Predicting that Metaverse will fail is an easy bet: creating a new market requires a leap of (speculative) faith, and that leap usually falls flat.
Maybe you have to

Is Meta’s market research on VR. Because I’ll bet Zuck didn’t do very much of it and relied on his gut.

Is Meta’s market research on VR. Because I’ll bet Zuck didn’t do very much of it and relied on his gut.
Exponential increase in sales of their (and other company’s) VR gear is good research. VR is definitely the next big thing. Horizons and the Metaverse isn’t, those are both incredible turds, like food poisoning from a burrito night kind of turds, the kind of turds that cause bathrooms to be labelled out of order turds. But VR is absolutely on the rise.
For a real laugh here’s a good youtube video: I Played Facebook’s VR Metaverse so you never have to – RTGame [youtube.com]
Not really. There’s few (if any) devices out there with cellphone level adoption, and yet there’s tech giants out there making billions without it. Maybe you were being facetious but if you were serious it’s completely off base.
Consider this: 1.7billion mobile phones were sold in 2021. Only 300million computers. Intel on the other hand has *always* spent far more on just R&D alone every year than all of Facebooks investments in the Metaverse, and they aren’t the biggest R&D investor.

I don’t see businesses forking out 1k for everyone to have a VR headset.

I don’t see businesses forking out 1k for everyone to have a VR headset.
For every employ
Pretty much this.
I’m old, ok? But I do know young people who would be the target audience for this. And to them, the whole thing is a joke. It’s something they make internet memes about. That whole Metastasis bull is about as cool and trendy with that crowd as gramma’s surgical stockings.
And most of them don’t give a fuck about VR. VR is something they may have tried at some friend’s house who happens to have an Occulus or a Vive (and we’ll soon get to why they will avoid talking about it or admitting they were there…), that was cool for about 15 minutes or 2 VR games (which is about the same amount of time), after that they’re bored because you can’t read worth shit in this medium, it is very slow and clumsy to use compared with what they’re used to from their phones and, and that’s the weird bit, they feel like they are missing something because they sit in that VR world and don’t notice when someone around them is doing something.
Yes. The “glued to the phone without giving a fuck about their surroundings” generation feels like that. Go figure.
So who uses VR? I have identified two potential users groups that are actually using this: Furries and Cosplayers. Yes, really. And it makes sense if you think about it. Both groups consist of people who want to escape to a fantasy world where they can be someone (or … something) they can’t possibly be in reality. It’s as close as you can get to something like that. And these are also the two groups that are the most willing to dump a LOT of money on something that gets them closer to their fantasy, no matter the cost.
The big question though is whether you really want either of these groups as your poster children… yeah…
Besides, they already found their virtual playground and already spent their money there, convincing them to switch will not be easy at all.
Zuckerberg couldn’t have launched rockets like a normal megalomaniac?
No Zuckerberg is ahead of the game. Losing money on space is yesterday’s news. Even the one lunatic who actually made money launching rockets admitted his mistake and decided to get into the social media game for some wealth reduction.
The metaverse is clearly a passion/vanity project for Zuckerberg, but I don’t think that’s really the meat of Meta’s troubles. It’s the most conspicuous thing to blame since they renamed the whole company after it, but they maintain the Facebook brand and it’s not Metaverse spend that is their key problem, their key business problem is their ad revenue dropped. This is a Facebook particular problem, not a ‘too much spent on VR’ problem.
They are faced with the reality they aren’t the ‘cool’ platform anymore, that their advertising features were reduced by Apple’s privacy restrictions, combined with a general macroeconomic downturn where advertising spend is typically at the front of cost reductions of various companies.
In fact, their position is particularly at risk because all their business eggs are in the Facebook basket. Attempting to grow into new segments would help, though VR may not provide the business opportunity that Facebook investors would hope for, it is almost certainly possible to make it at least a break-even business, if managed effectively.

The metaverse is clearly a passion/vanity project for Zuckerberg

The metaverse is clearly a passion/vanity project for Zuckerberg
Oh, it’s definitely a passion for him, but it’s not vanity. It’s his attempt to change the very nature of how we use the Internet. I’d mentioned in another thread that AOL died, not because of any misstep internally, but because the very platform it depended on… dial-up Internet… was killed off by Broadband Internet. It was like horseback travel being killed off by automobiles. Broadband was the meteor that killed the Dial-Up-dependent dinosaurs.
And that’s why Meta is going to fail; because it’s an atte

The metaverse is clearly a passion/vanity project for Zuckerberg

The metaverse is clearly a passion/vanity project for Zuckerberg
He should have gotten a Furry avatar in VR chat like all the other weirdos.

If John Carmack cannot make these things things work well enough to be popular, give it up

If John Carmack cannot make these things things work well enough to be popular, give it up
Carmack wants them to cost $250. I agree with him. In order to sell $1600 headsets, you need enough plebes with $250 headsets (J.C.’s number) that the buyers of the more expensive units have someone to look down on.

FFS folks, it’s been tried.

FFS folks, it’s been tried.
Good examples, let’s dig into them: Sega VR, Game Boy VR (did you mean Virtual Boy) were tried at a time when the hardware was woefully incapable.
Playstation VR: A concept so successful Sony decided to invest in a successor.
Oculus Rift: A product that has shown an exponential upwards adoption trend, not unlike the first 3D accelerators in the 90s.

John Carmack cannot make these things things work well enough to be popular

John Carmack cannot make these things things work well enough to be popular
You’re the person who rode your horse to Maddison Square Garden in November 1900 to witness the first ever automobile show, declared that no one owns a car and the
When I think about it, the number of companies that I actively wish complete failure upon is very small. The last time I disliked an organization that fiercely was when the whole SCO thing was playing out.
I have extended family that have embraced Facebook. I have aunts and uncles who live far enough away from us that facebook is their window into the family world. There’s no immediate replacement should that communication avenue fails – certainly not one with common acceptance.
Frankly, my distaste verges on the unreasonable. I don’t feel that way towards fossil fuel companies, manufacturers with sweat shops in bangladesh, or diamond mines using children for labour… I don’t want pharmaceutical companies to fail. The world is awash in grey morality, and I’m not uncomfortable with that.
But with Meta, I still really, truly hope they fail.
If FB had actually been an honest company that truly cared about connecting users they might have sat in a beloved and treasured position rather than the poisonous rat they are. In contra I’ve never really heard of anybody hating Steam on moral object
One user likened the layoffs to the “hunger games” and another said the Facebook owner had an “uncertain future.”
It was “so horrible!” he cried. “Nobody cares about us!”
He then got into his Japanese car and drove away, sobbing at the injustice of mass layoffs in this new, scary world.
Facebook has hundred of millions of gullible, tech illiterate, middle age / old people as its userbase. Where are they going to go? They can milk those to keep it ‘alive’ as a zombie for decades. Did you know AOL is still around more than two decades after the dot com implosion and still has plenty of even older active users who think it’s the internet? My Mom is still @aol.com and has no interest in leaving. This will be FB.
I’ll just be happy enough to see it slide into irrelevance like AOL even if it
We got Zuck all wrong. Clearly he has come to see the monster that his innocent site has become. How could he have known that an idea based on objectifying and humiliating people could have turned so wrong in what has become Facebook ( I refuse to call FB Meta and I refuse to call petrochemicals ‘energy’)
He has had his come to Jeezus moment, but what to do? You can’t just turn out the lights on the entire company all at once? The knock-on effects would be like…basically like these crypto dominos that
It’s almost as if there were already a company that does what the Metaverse was trying to do. One that could have been bought for a song and slowly integrated into facebook for those who wanted it.
He only eats things he kills himself.
They didn’t have a functioning product before they changed their entire company’s direction, including it’s name, with no warning. They *still* don’t have a real product, they barely have a proof-of-concept demo. I’ve seen Unity tutorials on YouTube with more advanced features than Meta’s entire metaverse. There should be no question whatsoever that Meta is a sinking ship.
I love reading your list, it’s like climbing down the rabbit hole of the absurdity that is the far right. You start with things that have some relevancy to the real world and by the end you’re not even operating in our reality anymore.
In this case its less of a boogey man and more about how extremes are general populated by the ignorant and the naïve. In this case, most of things on that list have not in fact been advocated for in any major way by any major environmental groups.
Feel to free to prove me wrong though with proper citations.
You skipped the parts about someone taking your guns, and forcing you to wear a mask, and get a vaccine.
Nobody is saying you can’t do any of those things. What they are saying is every action humans do has an environmental impact. We’re learning more about it all the time.
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Isn’t it interesting that the same people who laugh at science fiction listen to weather forecasts and economists? — Kelvin Throop III

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The Metaverse and Crypto – The Motley Fool

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Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.
Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.
The metaverse, cryptocurrency, Web3. Besides all three of these things being hot technology buzzwords, what do they have in common? For many tech developers and investors, the metaverse and crypto are intertwined and will become part of Web3 — a decentralized internet controlled by individual users rather than by big companies.
Although the metaverse (basically three-dimensional immersive virtual worlds) and cryptocurrency (Bitcoin (CRYPTO:BTC) being the first of thousands of cryptos) are two very different things, they could come to heavily rely on each other as they develop.
Let's start with a fundamental piece of technology that lies at the heart of both cryptocurrency and the metaverse: blockchain. Originally designed by Bitcoin creator Satoshi Nakamoto and now used by other big cryptos such as Ethereum (CRYPTO:ETH), blockchain is a public digital ledger that records transaction data. Transactions utilizing a blockchain network can be peer-to-peer and remove intermediaries (such as a bank or tech company) from user interactions. This can reduce cost and speed up the time for transactions to take place, among other things.
Commerce on the internet is still taking place using a digital version of traditional fiat currencies. Blockchain and currencies based on it were developed as a digital-native means of transacting business in a digital world. Metaverses with their 3D virtual worlds and immersive services are also seen by some as utilizing blockchain technology as a way to create permission-less interactions between internet users.
There are lots of 3D immersive worlds in existence today, such as video games where players can interact with each other in real time. By some definitions, though, these 3D worlds don't truly become part of the metaverse until they have a fully fledged digital economy.
Many of these games and services allow users to purchase digital items. For avid video gamers, this is a common practice. Outfits and accessories can be purchased to customize your in-game look or improve player performance. Cloud computing-based services utilize a similar concept, enabling a free-to-use or cheap starter package but locking premium or add-on features behind a paywall.
Sound a little pointless and far-fetched? This concept of metaverse shopping could have real-world applications, too. Shoppers could try on a virtual version of clothes in the metaverse before making a purchase. Nvidia (NASDAQ:NVDA) CEO Jensen Huang talks a lot about "digital twins" of physical world locations, which has tremendous potential for businesses when designing and constructing property or planning for manufacturing projects. The same could be said for individuals who could preview a home remodel or sample a product, such as furniture, in a digital recreation of their home. 
With the potential for e-commerce and social interaction, this is where cryptocurrencies and applications built on a blockchain enter. Direct peer-to-peer interactions on the web hold the promise of instantaneous settlement of funds and near-zero fees. Item ownership can be guaranteed using an NFT (non-fungible token), which could take the form of a piece of art, a digital collectible item, or a digital version of a real-world purchase, such as a pair of Nike (NYSE:NKE) sneakers you could also wear in the metaverse.
For now, though, the metaverse is largely the realm of the video game industry and other imaginative start-ups. It's worth noting that turmoil in the crypto space during the first half of 2022 has also cast a shadow on the metaverse and its viability as a fully fledged digital economy. Nevertheless, here are four early-stage projects to watch that are bridging the gap between cryptocurrencies and the metaverse.
The Sandbox (CRYPTO:SAND) is a user-created digital world in which users can create and sell digital content within the game. SAND is the in-game token that acts as a currency and is built atop the Ethereum blockchain network. These tokens can be bought and sold on a number of cryptocurrency exchanges. SAND can be used to purchase virtual land, buildings, accessories, and other items as NFTs.
Decentraland (CRYPTO:MANA) is another Ethereum network-based metaverse experience. Participants can use the native token MANA to purchase virtual land and develop it for games and other experiences, as well as for avatars and digital accessories. Decentraland is controlled by the Decentraland DAO (decentralized autonomous organization). Owners of MANA or virtual property in Decentraland can participate in the DAO and vote on initiatives and new development.
Think of Axie Infinity (CRYPTO:AXS) as an Ethereum blockchain-based version of Nintendo's (OTC:NTDOY) Pokémon franchise. Players train fantasy monsters called Axies and compete against other teams. Axie Infinity is a "play-to-earn" game, meaning participating can earn the player AXS tokens. The tokens can be spent on new Axies (which trade as NFTs), training existing Axies to improve their traits, and the upcoming launch of virtual land within the Axie Infinity universe. The most expensive Axie ever was bought for the equivalent of $820,000 of Ethereum (at the then-market price).
Crypto Baristas is an NFT project that aims to bridge the gap between the physical and virtual worlds. Owners of a Crypto Barista NFT character get access to a metaverse where other coffee enthusiasts can meet. But this is more than just a place to grab a virtual coffee. The project is also being used to fund an actual café in New York City called Coffee Bros., which will partner with coffee farmers around the world (the first being an established farmer in Honduras). At this point, this is a very new project that has only just recently released a white paper on how its tokens will work, but it's an example of how metaverses can also have real-world applications.  
This digital, 3D world can present real opportunity for investors.
Digital real estate is the technical term used to describe virtual property.
You can't live on virtual land, you can't farm it, and you can't mine it — but you might make a profit from it.
Read our expert Q&A about what you should know before investing in crypto.
Prices of some native tokens used in a metaverse have skyrocketed in recent years, attracting plenty of investor attention. However, bear in mind that investing in cryptocurrencies and tokens built on a blockchain network is highly speculative — and not just because they're new technologies.
Crypto coins and tokens used in the metaverse aren't businesses that generate revenue and profits. Instead, they're a type of digital currency that can be used to make purchases or participate in a metaverse. Therefore, their values are highly subjective and prone to wild swings in price. Individual stocks of businesses are very volatile, too, but investors can make assessments on their value with revenue and profit metrics — metrics that crypto investors do not have. This problem has led to some of the extreme volatility in the wider crypto universe in 2022. 
Nevertheless, early versions of the metaverse hold a lot of promise, especially for those interested in participating in them. Ownership of some cryptos grants the holder a voice in a DAO or other virtual project, and artists and other digital creators can have a new outlet for their business.
Tread lightly when it comes to investing in this space as it's moving fast and still under development. But the intersection between cryptocurrencies and the metaverse is worth keeping an eye on in the years ahead.
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SHIB May Have Reached Bottom, Ripple CBDC Hackathon Concluded, SHIB Metaverse Reveals New Concept Art: Crypto News Digest by U.Today – U.Today

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Take a look at what’s happening in the world of crypto by reading U.Today’s top four news stories.
Following the FTX crypto exchange collapse, Shiba Inu dropped to levels last seen in early summer of this year. However, this time, the SHIB price suffered slightly less: after another round of crypto market capitulation, the token did not go below the zone around $0.000009, which may signal that SHIB has once again reached the bottom. There are two factors that may trigger the rise of the meme coin’s price. The first one is Shibarium, the ecosystem’s own Layer 2 protocol, which should greatly increase SHIB’s utility and lead to increased demand, trading volumes and SHIB burning rate. The second factor is the overall crypto market environment. After the FTX crash, investor confidence may take a long time to return and even longer for tokens like SHIB, which are not at the forefront.
According to Ripple’s official announcement, CBDC Innovate, the hackathon the fintech giant organized to reaffirm its commitment to strengthening its positions in the stablecoins segment, has come to an end. Experts shared the names of the winners in three nominations: interoperability, financial inclusion and retail apps. For every nomination, a $150,000 prize was allocated. The winners of the interoperability nomination are payment application PeerPay and peer-to-peer loans machine P2P-CBDC. Checksum and conFIEL B2B platforms became the leaders of the financial inclusion track. Last, but not least, SpendTheBits and Community Loans received enterprise and individual prizes in the retail apps category. As covered by U.Today, Ripple’s competition for projects that use XRPL-based CBDCs started in July-August 2022.
Only 24 hours after revealing the concept art for its scenic dunes, the SHIB Metaverse team unveiled yet another one. This time, it is the tech trench hub that was made in ancient times and yet has evolved into a hyper-technological avenue. While working on this concept art, the team took inspiration from the architectural designs of leading universities and tech schools from around the world, such as Yale University (U.S.), Otemon Gakuin University (Japan), Rolex Learning Center (Switzerland) and many more. To get the necessary feedback from the Shiba Inu community, today the team will conduct the Tech Trench Fireside Chat at 8:00 p.m. EST/5:00 p.m. PST on the official Shibtoken Discord.

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The XRP community could recently see an anomaly in trading volumes, as they exceeded the current market capitalization of cryptocurrencies by 33%. With the combined value of all XRPs at $18.56 billion, in the last seven days, trading volume turned out to be $25 billion. Stablecoins USDT and BUSD are demonstrating similar figures. The abnormal pattern of XRP trading volumes is most likely due to the token being actively used by Ripple in its ODL activities, roughly speaking as fuel for the technology. According to recent reports, the company has seen an increase in ODL usage, both because the business of old partners is growing and because new ones are joining.

Valeria is the community manager at U.Today. She is a crypto enthusiast and believes that cryptocurrency is the future of finance. Currently, Valeria covers the latest news in the world of crypto and blockchain.
 
Disclaimer: Any financial and market information given on U.Today is written for informational purpose only. Conduct your own research by contacting financial experts before making any investment decisions.

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Top 10 Metaverse Cryptocurrencies for 10X Profit in 2022 – Analytics Insight

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