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Why Facebook-Parent Meta Is Willing To Lose Billions On The Metaverse

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  • Published on Jan 21, 2025

Comments • 1.9K

  • @ThemFuzzyMonsters
    @ThemFuzzyMonsters Month ago +1683

    Those are the same guys who won’t let their staff work remotely, yet expect you to live 100% of your life in their Metaverse 😂

    • @mannysr67
      @mannysr67 Month ago +71

      OMG that is such an awesome point!

    • @kd-123-kd
      @kd-123-kd Month ago +19

      100%

    • @skycloud4802
      @skycloud4802 Month ago +27

      Hypocrisy at it's finest.

    • @Fabulousviccen
      @Fabulousviccen Month ago +11

      OMG YES THANK YOU FOR THIS COMMENT!

    • @yungdkay1008
      @yungdkay1008 Month ago +9

      Metaverse is inevitable, we are just too early, we need to get internet of things and cyborgs first before we build the metaverse

  • @MBZS500
    @MBZS500 Month ago +833

    Millions invested and the avatars look like Nintendo Wii characters from 15 years ago.

    • @Scifiwriting41
      @Scifiwriting41 Month ago +52

      Billions*

    • @toututu2993
      @toututu2993 Month ago +12

      While WII is a much superior platform than the later Switch which doesn't have its own Mii character at all

    • @a.s.2426
      @a.s.2426 Month ago +3

      Damn. Cold.

    • @eon5323
      @eon5323 Month ago +3

      They have photo realistic avatars already. Look up the Zuckerberg Freidman interview.

    • @sophiesong8937
      @sophiesong8937 Month ago

      I guess the billions were spent on infrastructure to run the thing, more than on widgets .. but I still think it's an insidious product, conceptually, and I hope gen Alpha reject millennial futurism and decide to live in the real world

  • @josha.bdoge2
    @josha.bdoge2 Month ago +2340

    I don't think there's enough hours in a day to visit the metaverse when your targeted consumer has to work two or three jobs to survive.....

    • @htconexify
      @htconexify Month ago +149

      yet they have enough time to sit on insta and FB all day. Meta didn't become 1.6T company without people having free time.

    • @HelloSwiftful
      @HelloSwiftful Month ago +21

      ...unless those people can make a little income by watching ads inside the Metaverse.

    • @Bardock7132
      @Bardock7132 Month ago +106

      @@htconexifythat’s a terrible argument. It takes less than one minute to pull out your phone wherever you’re at in the world and load social media and start doom scrolling. If you’ve ever used VR, you would know it’s more like loading up your pc. Also you can’t use it in public unless you want to look strange.

    • @hussain-x
      @hussain-x Month ago +11

      @@Bardock7132 this is where AR glasses come in

    • @dannyk847
      @dannyk847 Month ago +7

      ​@htconexify most of them are old, 45yrs plus.
      Or ur too busy with work, or too old to use Vr

  • @rok1475
    @rok1475 Month ago +596

    Zuck, Elon and people like that do not have people in their inner circles that would be able tell them “this is a really dumb idea”.

    • @stepanvondrich9637
      @stepanvondrich9637 Month ago +8

      Valid point

    • @anatole2478
      @anatole2478 Month ago

      '' Elon, are you crazy?! You want to do what one of the top governmental organization from the richest and most powerful country on earth cannot do? You want to built rockets like the nasa and even beat them at their own game? You're just going to ruin yourself and all l'your other companies! What are you? Dumb or just ignorant ? ''
      I'm sure that musk had tons of people like that around him, actually, whom he chose not to listen to, and who had to watch him make machine that can come back to earth and land on their own .

    • @Fromtheforgottengardens
      @Fromtheforgottengardens Month ago

      They attract bunch of heartless yes men

    • @TheStefanmiletic
      @TheStefanmiletic Month ago

      Even if they did they are ego maniacs so that would not work. But anyway they have so much money to blow that it doesn't really matter. Hyperloop flopped, Tesla truck flopped, Metaverse flopped. Nothing happened they are too big to fail.

    • @Tad-For-Global-Peace
      @Tad-For-Global-Peace Month ago

      Mark Zuckerberg went to visit Trump in a private meeting at Trump’s Florida residence. And Elon Musk will now be in charge of America once Trump installs him in the government. Trump loves billionaires and believe me everything to do with billionaires only hurts the working class people.

  • @Diverse0725
    @Diverse0725 Month ago +496

    I've never been so happy that an idea failed in my entire life😂😂😂

    • @AP-gb3eb
      @AP-gb3eb Month ago +16

      Seriously, imagine it got so far as to require using the Metaverse for everything from banking, socializing etc. I'd finally just become an off grid hermit.

    • @nicolejames1877
      @nicolejames1877 Month ago +1

      Same 😂

    • @a.s.2426
      @a.s.2426 Month ago +15

      I don’t think it’s failed. Just this incarnation and just for now.

    • @3abxo390
      @3abxo390 Month ago +2

      Google glass

    • @makoaquest7756
      @makoaquest7756 Month ago

      My same thought 😂😂

  • @duvanpenatirado1080
    @duvanpenatirado1080 Month ago +79

    “The metaverse cannot be defined….”
    It’s literally Club Penguin 2.0 😂

    • @SaadIqbal-q4s
      @SaadIqbal-q4s Month ago

      club penguin got closed. great days of childhood they were.

  • @wildernesswolff9350
    @wildernesswolff9350 Month ago +1216

    I have 0 interest in spending time in the metaverse

    • @prita7654
      @prita7654 Month ago +31

      Me neither. Sounds like a techies overhyped day dream😅

    • @b-rare
      @b-rare Month ago +13

      i barely care to live the real world what makes them think i want to put time into a fake one lol

    • @WhyWorldWet
      @WhyWorldWet Month ago +14

      Same, there's just no use or purpose for it at the moment. Businesses are meant to solve a problem or make things more effecient, and this does neither. It's just poor timing. Not saying it won't ever happen, but it's just not a pressing issue. We need to focus on saving planet earth.

    • @deliriousvrc5252
      @deliriousvrc5252 Month ago +10

      None of these people have any clue what the metaverse is. It’s absolutely amazing but there is a heave investment in a powerful gaming PC, light houses and body tracking to actually get there in all its glory.

    • @Marts-Martz
      @Marts-Martz Month ago +4

      Reading you guys gives me hope. Thank God there's still sound people around 🙌 lol

  • @donnamack6797
    @donnamack6797 Month ago +373

    Only a truly clueless robotic CEO would believe people would want to enter this creepy world.

    • @amicableenmity9820
      @amicableenmity9820 Month ago +17

      And remember, if it's free you're the product.

    • @imran_rasoli
      @imran_rasoli Month ago +8

      Metaverse will be a reality i believe. This is just the begining. We will be able to own virtual stuff in the future.

    • @bate01071
      @bate01071 Month ago +4

      Current version yes. But you just have to look at how some people embrace massive multiplayer online games to know there is a market or interest in virtual worlds, as long as the experience is compelling.
      Problem is the current meta verse is not compelling.

    • @AH1-234
      @AH1-234 Month ago +4

      I mean VR is the future whether you want to believe it or not....

    • @leet-kitty-catface
      @leet-kitty-catface Month ago

      he's a reptilian, get it right.

  • @shasmi93
    @shasmi93 Month ago +620

    Yo…. I work 2 jobs. 70 hour weeks and can’t afford food…. These billionaires have sucked all the money out of everyone and wonder why more people aren’t buying their products anymore… ironic that wealth income eventually means no one can afford your crap.

    • @dbreardon
      @dbreardon Month ago +32

      Yet 80 millions Americans had enough money to travel over the thanksgiving holiday. Please don't act like you are poverty stricken. Food for a month costs you $350 bucks if you budget and make daily food plans.

    • @Vincent_de_Paul
      @Vincent_de_Paul Month ago +11

      Nah, American citizens are rich enough that they are willing to pay extra for necessities in order to punish China and Mexico 😂

    • @user-gu9yq5sj7c
      @user-gu9yq5sj7c Month ago +18

      ​@@Vincent_de_Paul No, many Trump voters didn't understand what tariffs were. Meidastouch has clips of people such as a Trump voter saying he thought tariffs meant the other countries pay and not America.

    • @BrownBrown270
      @BrownBrown270 Month ago +17

      You need to learn how to manage your money better.

    • @Vincent_de_Paul
      @Vincent_de_Paul Month ago +8

      @@user-gu9yq5sj7c Good sir, did you just call Trump supporters 'stupid'? Outrageous!

  • @mauricioangulos.2830
    @mauricioangulos.2830 Month ago +66

    The tech world is slowly becoming a dystopian feudalism

    • @mardukhorus5936
      @mardukhorus5936 Month ago

      @@mauricioangulos.2830 he just wants to rule the world. And he will fail miserably.

  • @geovanniperez8279
    @geovanniperez8279 Month ago +625

    People are already isolated from the rest of society, texting and scrolling on social media platforms like facebook. We don’t need a virtual world. We already have an amazing world filled with everything we need, go out there and experience it. And it looks like the vast majority of people are doing it because the metaverse is a total ghost town.

    • @lolgod1695
      @lolgod1695 Month ago +6

      Too few people are I think... other than the places where survival is the utmost priority (which are most of the world unfortunately), a lot of people are trading their livelihoods for a short term dopamine hit via social media. I think we're starting to see a reaction though and I hope that means that we'll make the most of the real world.

    • @danielm5161
      @danielm5161 Month ago +11

      The fitness games are really good. Surprisingly good for cardio

    • @occupier1
      @occupier1 Month ago +2

      I agree. It is just second life really and it has been done ?

    • @user-gu9yq5sj7c
      @user-gu9yq5sj7c Month ago

      There is lacking third places in many places. Some people are poor or it requires a car and gas to go anywhere.
      Many places are capitalistic and behind a paywall and requires or pressure people to have to buy things to hang around or use the restroom.
      At least if people hang around in a virtual city they are not pressured to buy from the stores.
      There are not free public restrooms in many places in America.
      There are not sidewalks everywhere.
      Some people are forced to have to jaywalk and were criminalized for it.
      There are no loitering signs.
      Even some malls banned teens.
      There is prejudice with falsely accusing innocent people of stealing, such as African Americans or people who "look poor or homeless".
      Ndagire has videos on that.
      CityNerd said a Walmart wouldn't let him in because he had a backpack. He couldn't put it in a car because he didn't have one.
      Watch videos on third places and walkable cities. Such as from Not Just Bikes, Flurfdesign, About Here, Oh the Urbanity, Yet Another Urbanist, Shifter, AJ Tabura, and the Aesthetic City.
      Watch Cash Jordan on anti-homeless/hostile architecture. Where they refuse to provide benches or build spikes in some places.
      Some businesses want to chase off anyone who is not a customer.
      They even build hostile architecture on the sidewalks even though they don't own it. Sidewalks are narrow enough.
      Watch the Aesthetic City on the widespread lack of beautiful architecture (and greenery and shade) and how so many places look like a desert of asphalt or a prison.
      There are so many problems, destruction, and prejudice in the real world too.
      People like games and virtual worlds because you can do things and dreams you can't in the real world.
      Some people think it's easier to find friends online where it's open to the world with a greater amount of people.
      There is also a culture of too many people being mean.

    • @Spectacles-xu8dp
      @Spectacles-xu8dp Month ago +2

      Texting is important for communication, this will evolve social relationships and reduce loneliness, especially for people who are far away from us.

  • @ktosdad
    @ktosdad Month ago +100

    It’s so dystopian to me seeing images of people sitting in a nice home with a VR headset on spending all their time in a virtual world that is nowhere near as beautiful or interesting as the actual world they live in.

    • @Gibbs2Go
      @Gibbs2Go Month ago +6

      Rich people will live in a trailer park or ghetto neighborhood in VR to simulate the actual experience. It will be a thrill for them.

    • @mizuchi-6137
      @mizuchi-6137 20 days ago +2

      When is the last time you flew a space ship in this reality or explored an alien planet comprised of 95% ocean? Not many people get the chance. The main hook of VR is experiencing things you otherwise would not be able to.

    • @morebaileyskim
      @morebaileyskim 16 days ago

      @@mizuchi-6137but that all exists without metaverse. I had that on oculus in 2017

    • @zack3851
      @zack3851 11 days ago

      ​@@mizuchi-6137Preach, bruh! 😤

    • @glenncanning8189
      @glenncanning8189 5 days ago

      @@mizuchi-6137I’ve never done that, and neither have you. Games are games, not experiences- the input device doesn’t change that. And when the visuals aren’t anywhere near approaching realistic, or even just on the level of modern PC/console games, that argument loses even more weight. Graphical fidelity with VR/AR will absolutely improve, but as an experience it’ll never match a realistic interaction with our surrounding world.
      There’s nothing wrong with liking VR, but these “it offers never before seen experiences” arguments are complete madness. It’s just a different way of controlling a computing device.

  • @CreamyMarshMallow830
    @CreamyMarshMallow830 Month ago +979

    No one wants to wear that heavy headset all day for a low quality virtual experience

    • @batsdaylights
      @batsdaylights Month ago +24

      100%

    • @tarasshevchenko8917
      @tarasshevchenko8917 Month ago +42

      Don’t generalize. There are multiple ways to balance the headset out, and honestly I don’t mind wearing it for prolonged periods of time.
      Additionally, it’s not over…it’s just starting. We’re in early 90s for laptops and internet. 😏

    • @inanestereo
      @inanestereo Month ago +38

      They know this. They're making the headsets smaller, More powerful. Higher quality. They're cooking.

    • @josemartins-game
      @josemartins-game Month ago +42

      Typical argument of people that never tried VR.

    • @Sofie-r6c
      @Sofie-r6c Month ago +4

      EXACTLY. And that's how I felt when trying out Oculus.

  • @Nick-pc9tf
    @Nick-pc9tf Month ago +144

    I’m not gonna go into a low poly world to have my choices, personal data, and behaviour data in ads.

    • @Bens963
      @Bens963 Month ago +3

      Yet here you are on RUclips being harvested like a human hydroponic plant for those things anyway

    • @Nick-pc9tf
      @Nick-pc9tf Month ago +9

      @@Bens963 Dummy account. There's a difference having a playlist, compared to having a VR headset track your height, arm length etc just by putting in on. And your behaviour in game by the choices you make.
      Difference of data and meta data.

    • @Spectacles-xu8dp
      @Spectacles-xu8dp Month ago

      They have improved their privacy policy and now you only need one email, so it is safer.

  • @Chronoir3
    @Chronoir3 Month ago +221

    I'd rather buy food and gas than buying a VR

    • @therighteouswaytog0
      @therighteouswaytog0 Month ago +11

      It just shows you how out of touch these corporations and the media that reports on them are. They don't understand this at all..

    • @martinlutherkingjr.5582
      @martinlutherkingjr.5582 Month ago +6

      @@therighteouswaytog0They’re not targeting broke people

    • @monicarenee7949
      @monicarenee7949 Month ago

      @@martinlutherkingjr.5582 the people who make the most money also aren’t using this stuff. They are working and investing in real life

    • @peepodhumperdink4456
      @peepodhumperdink4456 Month ago

      @@martinlutherkingjr.5582 Theyre not targeting anyone with these losses lol

    • @emily_8687
      @emily_8687 Month ago

      ​@@martinlutherkingjr.5582They want widespread adoption of these products, as seen by Zuckerberg commenting that "everyone who wears glasses getting ai glasses". Widespread adoption means everyone, which means broke people, since that's most people now days. If only rich people used it, it wouldn't be very profitable.

  • @doom-mantia
    @doom-mantia Month ago +56

    I can't be the only one who thought the Metaverse was a pointless concept from the start? People are busy, have lives to live and real social connections they want to maintain. Not stare at another screen to do something half as good. The only reason the Metaverse got any traction is because people were stuck at home during the pandemic.
    The metaverse would maybe become appealing if I was a literal brain in a jar.

    • @monicarenee7949
      @monicarenee7949 Month ago +7

      Yeah I’d rather video conference with real people if I can’t meet face to face, or meet face to face if I can vs being in a virtual reality. I also don’t have time for that, I have a real job and two kids lol

    • @AP-gb3eb
      @AP-gb3eb Month ago +9

      Yeah my eyes hurt after 8 hours of office work, I'm already trying to get hobbies away from a screen after work. Just enough already.

    • @tom4150
      @tom4150 15 days ago

      The expensive glasses are stupid. They have those FaceTime screens that awesome. I don't understand wanting to live through an avatar that looks like Wii graphics lol

  • @doodoostoo90
    @doodoostoo90 Month ago +149

    Sam Altman is trying to create Samantha from the movie HER, and Zuckerberg is trying to create the Oasis from Ready Player One.

    • @fornana
      @fornana Month ago +18

      can't help but feel sad that they're spending billions just to replicate social interaction which costs nothing. hard no to feel something has gone wrong.

    • @MaxVids1
      @MaxVids1 Month ago +4

      I wonder how close we can get to the Oasis in our lifetime. I think things will be wild in 20 years.

    • @howo357
      @howo357 Month ago +1

      @@fornanayou only think about the social aspect. I’m thinking the real use case of AR is productivity and convenience. We are heading to the era of abundance. It’s very exciting.

    • @VRitasium
      @VRitasium Month ago +4

      @@doodoostoo90 Oasis from Ready Player one is really cool

    • @pelatihfinansial
      @pelatihfinansial Month ago

      @@fornanalmao said by someone who use youtube

  • @BubbleoniaRising
    @BubbleoniaRising Month ago +26

    I can't imagine anything more boring than doing chores in some tech bro's walled garden.

  • @TheLPRnetwork
    @TheLPRnetwork Month ago +325

    Metaverse. Also known as VRchat, but they did everything worse for 100 times the price.

    • @Brodragon2225
      @Brodragon2225 Month ago +2

      better they pay us some money from those ads as rewards

    • @Sanpaku-san
      @Sanpaku-san Month ago +33

      Literally. I'm amazed how everyone sees how good VR chat is and doesn't learn anything from it.

    • @hussain-x
      @hussain-x Month ago +4

      Even VRchat being on Meta's platform means it can take 30% cut of sales. So really being the platform holder is the biggest thing so they haven't done everything worse.

    • @Brodragon2225
      @Brodragon2225 Month ago

      @@hussain-x is it

    • @keyf1106
      @keyf1106 Month ago

      @@hussain-x 😁😁😁😁😁😁😁😁

  • @Marky_Muk
    @Marky_Muk Month ago +33

    I can't concentrate on Mark Z's words.... All i see is a Lego haircut

  • @genowoah
    @genowoah Month ago +170

    So shocked that VRChat isn’t mentioned at all. The game had full body tracking and high quality avatars before the “metaverse” even existed. It’s way better now, too! VRChat sends its regards.

    • @Mike-xl6go
      @Mike-xl6go Month ago +9

      It's only for wierdos and little kids

    • @genowoah
      @genowoah Month ago +39

      @ No doubt there are weirdos and little kids on VRChat! I’m simply pointing out how far ahead VRChat is in tech considering VRChats development team has WAY less capital to work with. Also, I’m sure the metaverse has weirdos and kids on it as well, so not sure why that was needed to be pointed out.

    • @KevinLeroyGrant
      @KevinLeroyGrant Month ago +18

      Any discussion about VR without any mention of things like VRC is a real disservice to the entire VR space. It makes me think that CNBC needs to do way more research on the topic than what we see in this video. VRC essentially is the metaverse Facebook only wishes it could have. But the affordability of the Quest has also helped it thrive and expand.

    • @inanestereo
      @inanestereo Month ago

      @@Mike-xl6go Back in the early 90s, the internet was only for weirdos and little kids too, but now you're using it today to make daft comments on youtube. History will inevitably repeat itself.

    • @everythingpony
      @everythingpony Month ago

      ​@@Mike-xl6goyou now need to show your ID to go into VR chat, and for age verification

  • @originaozz
    @originaozz Month ago +4

    I was studying a master's degree in marketing in 2022. We did a lot of brand consultation projects for big companies. Let's just say, EVERY BRAND at that time want to do a project on metaverse. I asked one of my professor if he thinks this trend will really happen, since post-covid consumers are actually more into f2f interactions and authenticity based platform like TikTok (whether you like it or not). He said yes cause brands demanded it to happen. Let's just say I'm so glad I was right on this one. Marketers who blindly forced things down consumers' throat are just out of touch.

  • @-linus1688
    @-linus1688 Month ago +427

    Metaverse is a joke.
    Try getting a job, running errands, watching the kids or getting a doctor's appointment there.

    • @NextWorldVR
      @NextWorldVR Month ago +22

      Who wants to do any of those things even in the real world?

    • @MypronounIsKing
      @MypronounIsKing Month ago +10

      😂😂😂 is this a real comment lmao. Who tf would ever do any of those things

    • @MkCapitals-z2e
      @MkCapitals-z2e Month ago +1

      Even if it's a joke it's gonna come it's inevitable!!

    • @oloriloladesiyonbola
      @oloriloladesiyonbola Month ago

      I hope Facebook sees this comment. It would help them a lot

    • @twestgard2
      @twestgard2 Month ago

      Great news! In the future, nobody will have homes or children or the freedom to go buy things of their choice!

  • @MishanyaVeselyiNYC
    @MishanyaVeselyiNYC Month ago +93

    I used to own VR entertainment business. It is fun to play and get on a rides with VR experience. But, there is another side of the technology that almost everyone forgets about - educational. In VR you can practice so many things, from doing doing a surgery, to visiting cities that you've never been. If they would promote that, maybe it'll be more successful and taken more serious 😎

    • @NotLikeUs17
      @NotLikeUs17 Month ago +6

      Surprised this doesn’t have more likes. This would amazing and more practical for professions that require hands on training.

    • @zacharythomas8617
      @zacharythomas8617 Month ago

      Don't care.

    • @danh5637
      @danh5637 Month ago +6

      Yes but the tradeoff is wearing an uncomfortable headset. Destroying your eyesight and migraines. 🤷‍♂️

    • @mungukendejoshua3632
      @mungukendejoshua3632 Month ago +3

      @@danh5637 eyesight is the problem..

    • @Beldan4
      @Beldan4 Month ago

      I am (crossed fingers) getting an Omni One treadmill here very shortly. The stories I am hearing from those who already have one just make me all the more anxious. Fat gamers like me are running themselves into the ground on these things.

  • @daartistboi
    @daartistboi Month ago +111

    Imagine buying a VR headset that runs/looks like *N64 game*

    • @hussain-x
      @hussain-x Month ago +4

      2D versus surround immersive 3D. Plus Meta's headsets can be powered by desktop GPUs. Even the latest Snapdragon mobile chips can now do way better than N64. Go check Behemoth gameplay on Quest 3 not connected to gaming pc.

    • @Drstrange3000
      @Drstrange3000 Month ago +10

      It is just the app. Batman Arkham Shadows looks MUCH better.

    • @ChesterMeadows
      @ChesterMeadows Month ago +3

      ​@@Drstrange3000Amazing game!

    • @robertcowher
      @robertcowher Month ago +8

      They like to show those early avatars to make the tech look worse than it actually is. Some of the latest avatars are really close to photo realistic. What they're doing on the edge of this technology is incredibly impressive - ruclips.net/video/MVYrJJNdrEg/video.html

    • @parajared
      @parajared Month ago +1

      a RTX 4090 won't fit in a VR headset lol. The only worthwhile way to do it right now is to make your gaming PC do all the heavy lifting.
      Cyberpunk 2077 in VR is amazing for example

  • @jupitereye4322
    @jupitereye4322 Month ago +16

    The Internet is the metaverse.

    • @cvx8279
      @cvx8279 18 days ago +1

      The internet is dead currently, highly censored, highly botted, and highly monopolized

    • @jupitereye4322
      @jupitereye4322 18 days ago

      @@cvx8279 Exactly. And any other "metaverse" will be even more monitored and restricted. There is no way people can have a completely private scalable way of building a free communication exchange and infromation network.

    • @rafsandomierz5313
      @rafsandomierz5313 14 days ago

      @@cvx8279 That's what happens when you aren't careful who you pay to.

  • @snebold
    @snebold Month ago +92

    I have yet to hear Zuckerberg truly describe his vision for the Metaverse. I think it’s because he doesn’t have a clear one. He’s thinking if they build something that’s cool (whatever that means) that has neat technology that people will show up and then he can show them ads and sell them stuff, but he’s just wrong.

    • @bate01071
      @bate01071 Month ago +2

      I think he is hoping that his team or the world at large will stumble on additional use cases which he can throw money at to build.
      But unfortunately additional mainstream use cases that are compelling have not appeared.

    • @MrKrewie
      @MrKrewie Month ago +2

      The fact that he alone is associated with it is one of the many problems with this disaster of a product, this mf has burned through so much good will

    • @castheeuwes1085
      @castheeuwes1085 27 days ago

      They are developing a video game, but a really bad one to start with. Anything else than a game is boring and nobody want to be on it.

    • @tom4150
      @tom4150 15 days ago

      He wants people to live in a room and not leave like he does. Dudes a weirdo on the spectrum. It's clearly not trying to make a profit because Meta is losing millions already lol

  • @GgGg-q8u3n
    @GgGg-q8u3n Month ago +5

    Eric Alexander is a complete genius. We need to all start listening to him as he is completely right.

  • @ivanuski15
    @ivanuski15 Month ago +77

    The Metaverse is basically just VRChat at this point

  • @sidneytaylor6642
    @sidneytaylor6642 Month ago +4

    We are 10-20 years away from the metaverse. Right now horizon worlds is a PS1 virtual experience, most people don’t want to play a PS1 game.
    When we get hyper realistic environments and avatars then people will come.

  • @sa.377
    @sa.377 Month ago +38

    Simply put, Meta, Google, and the entire social media era were initially about connecting people. However, we are now experiencing a shift toward nationalism and isolation, making the concept of a "metaverse" feel outdated and no longer in vogue.. at least for the next few years ( hoping that Humanity will continue to exist afterwards)

  • @DrJanpha
    @DrJanpha Month ago +4

    This is just step 1. The cost involved is still too high for most people. It does not mean that it's not good. Like Mark said, it's the future of the Internet.

  • @kjrom
    @kjrom Month ago +121

    VRChat already 100% covers the social aspect of VR. Metaverse seems lower quality

    • @MakerInMotion
      @MakerInMotion Month ago +4

      Yeah but with Meta's budget and know-how, they can keep it from becoming a den of Peter Files like VRChat is.

    • @Benjamin-k8h7f
      @Benjamin-k8h7f Month ago +2

      It's not guaranteed to stick around. MySpace was huge before Facebook the same thing could happen in VR if they aren't careful

    • @tiorontoron7531
      @tiorontoron7531 Month ago +1

      you mean Horizon Worlds? because the Metaverse is a combination of VR and AR (augmented reality) which is what meta is working on, wearable devices that will be our next cellphones but you can press a button an enter the virtual world. dont get too hyped over like brands and companies and stuff, there is plenty of room in the digital space for VRCHAT and whatever other virtual chatting programs to exist and have users. META the company making the QUEST HEADSETS are working on a larger overall project than just making HORIZON WORLDS to compete with anime children on VRCHAT.

    • @Benjamin-k8h7f
      @Benjamin-k8h7f Month ago

      @tiorontoron7531 they said vrchat covers there needs but I was comparing vrchat to MySpace they were around earlier but didn't stick around. Not saying meta will be the one it's like aol trying hard to own the internet someone else will come along and replace them all

    • @cvx8279
      @cvx8279 18 days ago

      Even roblox does it better. Much much better. It's advancing fast

  • @Urufu-san
    @Urufu-san Month ago +13

    When I received my Oculus 3 I immediately went looking for the Metaverse. And then was „ THAT‘S IT???“ No wonder no one is doing anything there…😊

  • @TheAvtrey
    @TheAvtrey Month ago +179

    Mark burns billions in money and thousands in jobs. Yet, he still gets to keep his job.

    • @whoaskedforthisbs
      @whoaskedforthisbs Month ago

      Billionaires are rarely worth their wage and never smart enough to earn it.

    • @gmfitzg
      @gmfitzg Month ago +31

      well he is the boss and owns the company, so......

    • @kendy4
      @kendy4 Month ago

      @@gmfitzgNobody is the boss of anything . Everything you see including resources is inflated to be hierarchical with the illusion that those few at the “Top” can do what they want . As far as we know ; they breathe the same air and eat the same foods as everyone else. We all came from primes. Don’t let that illusion of separation fool you

    • @larslrs7234
      @larslrs7234 Month ago +1

      Those weren't there to begin with.

    • @MaxVids1
      @MaxVids1 Month ago +9

      @@gmfitzg ROFL seriously. It's his company!

  • @OfficialStreamSagaTv
    @OfficialStreamSagaTv 14 days ago +3

    Ppl still haven’t caught on to the power of VR by far the most powerful tech second to the internet and phones

  • @inanestereo
    @inanestereo Month ago +63

    I hate how none of these news blurbs ever mention VRChat which has done everything Meta wants to do but first and better and people actually like using it.

    • @luckypratama5295
      @luckypratama5295 Month ago

      They've got to sell the news that metaverse+vr are dying. Nobody would click it if the headline is VR is okay

    • @k.r6801
      @k.r6801 20 days ago

      😮

  • @Aoskar95
    @Aoskar95 Month ago +1

    This is really something that should have been a research project with a limited user pool to evaluate potential practical uses, not a full product launch

  • @AFJDM
    @AFJDM Month ago +42

    It's a neat concept, but it doesn't fulfill you in any way. Having physical friends, going outside, doing things in the real world bring people satisfaction. VR can help you learn to do things like drive a car/truck/plane before you're legally able to, but people have lives in reality, not a manufactured one.

    • @josemartins-game
      @josemartins-game Month ago +4

      Talk by yourself.

    • @Spectacles-xu8dp
      @Spectacles-xu8dp Month ago +4

      It is an extension of life and not everyone has access to it in their environment. What better way to bring people together regardless of distance?

    • @ChesterMeadows
      @ChesterMeadows Month ago

      ​@@Spectacles-xu8dpExactly, completing misunderstanding the point as usual. One day it'll be normal

    • @DaysOfFunder
      @DaysOfFunder Month ago +1

      You will see the light eventually.

    • @AP-gb3eb
      @AP-gb3eb Month ago +4

      Yeah our bodies are made to run and walk, breathe fresh air, socialize with extremely complex visual cues, hug our friends and families. We're literally biologically programmed for it and for our bodies to feel good from those things.

  • @dan.94.
    @dan.94. Month ago +1

    I’m surprised to see VR Chat wasn’t mentioned here at all. It’s essentially a pre-existing metaverse that’s been around for years.

  • @ragingdave
    @ragingdave Month ago +37

    I am absolutely stunned that they could film and show this entire segment without mentioning VRCHAT with its absolute current domination of the metaverse

    • @inanestereo
      @inanestereo Month ago +4

      Right? How long can they ignore it.

    • @Sanpaku-san
      @Sanpaku-san Month ago +6

      Noooo that goes against the narrative that VR is doomed!

    • @russc788
      @russc788 Month ago +6

      I have never heard of VRChat, and I bet no one I know does either, so yeah its looking shakey.

    • @hamzerpanzer
      @hamzerpanzer Month ago

      ​@@russc788It is far and away the closest thing we've ever had to the metaverse. Doesn't matter if it isn't a household name, not talking about it is just bad journalism

    • @Bloooo95
      @Bloooo95 Month ago +1

      VRChat is not dominating anything. Is it more popular than Horizon Worlds? Yes. But it's still insanely niche.

  • @tedipaduraru
    @tedipaduraru Month ago +3

    I really do not understand why i would want to spend time in Meta, like my phone addiction is bad enough.

  • @nothingtolookatherebud

    And the problem was... Meta changing its name and announcing metaverse was a way to distract from senate hearings about CSA (30 mil reports last year) and the whistle blower Frances Haugen

  • @bjk837
    @bjk837 Month ago +2

    The biggest problem with VR is the current form factor! It’s stationary-wear in a mobile first world. And most of the killer apps in today’s day and age aren’t found in a stationary world. They’re found on the go. This means that AR will likely be the clear winner once we have the right form factor, not to mention the price, great developer support, etc.

  • @umairsyed7465
    @umairsyed7465 Month ago +54

    I don’t want to go to virtual place to do anything. It is like you are trapped in a dream

    • @josemartins-game
      @josemartins-game Month ago +7

      That is precisely what I want.

    • @MrVariant
      @MrVariant Month ago

      Yeah it's pointless. Just let me play a VR game when I wanna interact within a game world and regular for simpler stuff or where it doesn't need to apply.

    • @BlackkTiger
      @BlackkTiger Month ago +6

      "I don't want to go to a virtual place to do anything." ... you say, while watching a RUclips video on a computer screen, interacting with strangers known to you only by display names and avatars, and living in a world with facades for democracies and Ponzi schemes for economies.
      It's all virtual, friend.
      It's all a dream.

    • @MrVariant
      @MrVariant Month ago +1

      @BlackkTiger it's different being in mixed reality, which I feel is pointless given augmented reality through a camera phone. I wouldn't want to have a headset to reply to your comment neither, or read an article.

    • @AP-gb3eb
      @AP-gb3eb Month ago +1

      Those virtual gathering rooms were so cringe during the pandemic too

  • @wildcatgametime
    @wildcatgametime 14 days ago +1

    Need to improve the headset tech. Also need to fully integrate vr into cell phones somehow

  • @FedDavidics
    @FedDavidics Month ago +14

    Facebook does not take down 10+ year inactive profiles, so those who left have monitorization by Facebook. Yeah, does not make sense a company is allowed to do this. The amount of users on Facebook is billions less than what they say.

    • @JamilaJibril-e8h
      @JamilaJibril-e8h Month ago

      😂😂😂😂 with bots nah 😭😔👎....

    • @mattl1025
      @mattl1025 Month ago +3

      I have a FB profile, and haven't posted on it in years. Never once clicked on an FB ad either. I can't believe the amount of ad revenue they get. I'm more likely to buy something I see on a billboard.

    • @tom4150
      @tom4150 15 days ago

      Meta has AI accounts now lol

  • @callmethreeone
    @callmethreeone Month ago +5

    Meta is really moving up, people finally have legs in the verse.

  • @jackred2362
    @jackred2362 Month ago +26

    They spent billions on Meta Reality Labs. I don't know why people think they spent billions on a game.

  • @rendermanpro
    @rendermanpro Month ago +2

    "Next to the smartphone" - I'm,still using filp phone, and not missing something....

  • @ivanuski15
    @ivanuski15 Month ago +33

    VRChat has 100k+ users on a daily basis and growing but it still seems niche to the mainstream

    • @santostv.
      @santostv. Month ago +9

      100k in a world of 3,2 billion gamers is basically a statistical error

    • @ChesterMeadows
      @ChesterMeadows Month ago

      There's over a million active users daily in Gorilla tag alone and they're mostly kids who're growing up native to it. Vr/ar is here to stay and one day you'll be the one left out if you don't have access.

    • @everythingpony
      @everythingpony Month ago

      ​@@santostv.9 billion*

    • @AP-gb3eb
      @AP-gb3eb Month ago +1

      It's niche and gimmicky, that's part of the draw

  • @DroneLYFE
    @DroneLYFE Month ago +4

    Eric Alexander is completely right. We need to all wake up and realize this scam. Maybe Eric needs to take on the job of CEO of Meta!

  • @Goldberry69
    @Goldberry69 Month ago +9

    Maybe the Metaverse was the friends we made along the way

  • @ep4169
    @ep4169 Month ago +16

    A full two years ago I asked a co-worker, "What normal person do you know spends any time in the Metaverse?" His answer: "No one."
    Ask Apple how much revenue they're getting from their AR headsets these days.
    On the other hand, the $58B they've flushed down the toilet doesn't seem to be hurting Meta's stock price.

    • @superblondeDotOrg
      @superblondeDotOrg Month ago

      Billions of people spend billions of hours "inside" first-person POV video games. It is said that nearly all teenage to 20s even 30s males spend the majority of their interactions "inside" these games. But meanhile zsuckerberg is a greedy idiot who still wants to steal and sell everyone else's personal data.

    • @AP-gb3eb
      @AP-gb3eb Month ago

      I didn't even realize it actually existed yet

    • @coraltown1
      @coraltown1 Month ago +1

      Meta's stock will drop like a brick when the market correction crashes all of these overpriced pyramids.

  • @leoq2204
    @leoq2204 Month ago +14

    Metaverse is the prime example of companies betting on a trend without understanding the user. They do not understand how people want to live their lifes and just assume they can magically build a online world that is more enjoyable then the real worls where and this is the point I alteady have access to the internet, better graphics and more real conversations

  • @chihchang1139
    @chihchang1139 Month ago +6

    I think it was a major mistake to decide to compete against the entire mobile phone market. Saying you're looking into "what is after the phone" technology, means you intend to topple the phone. I don't think VR will replace the phone.

  • @jondemetrius
    @jondemetrius 15 days ago +4

    PS Home on ps3 was fun!

  • @PerkinsVR
    @PerkinsVR Month ago +6

    meta's metaverse and decentraland dont offer the kind of self expression that platforms like vrchat, second life, and even fortnite use as their life-blood. when a player is playing a video game they are performing a kind of art, and thats why vrchat and second life are still considered games, and corpo-metaverses are not.

  • @gabrielmartinez2455
    @gabrielmartinez2455 Month ago +11

    People buying and selling properties in the Metaverse was the most outrageous things I’ve ever heard

    • @92Looneytune
      @92Looneytune Month ago +1

      I remember when I first heard about that! I already wasn't sold on the Metaverse and that bit just solidified their plans as a joke.

    • @falconjob
      @falconjob Month ago +3

      Most outrageous? I've got an NFT to sell you!

    • @PatrickMcAsey
      @PatrickMcAsey Month ago

      In fact it's total nonsense.

  • @ChristopherGeneva
    @ChristopherGeneva Month ago +43

    it failed because Mark tried to be cool

  • @VRitasium
    @VRitasium Month ago +19

    The Quest 3 or Quest 3S are absolute no-brainers for gaming. Gaming in VR is way more intense / immersive than gaming sitted while looking at a flatscreen, besides it actually helps you move around much more.
    Regarding work/productivity, its actually quite useful because you can have any number of screens you want around you, which is awesome to me as a programmer. I can have one screen with code, another with regulation, another with email, another with chatgpt and another with companies' chat. Increases productivity quite a lot and I can just work while sitting comfortably on my couch. And its way cheaper than having to buy multiple screens.
    Furthermore, VR/XR as a whole has been growing at an average of 45%/year since 2018 according to statista, which is an astonishingly high growth rate.
    Even with a much lower growth rate, in around \~3 years most families in developed countries will have some kind of VR/XR device and in \~7 years VR/XR will be the main source of video-gaming (excluding mobile gaming).
    I'm quite shocked by the lack of knowledge in the comment section. I wonder if any of these people actually even tried VR

    • @ryanbrancel
      @ryanbrancel Month ago +3

      Great comment. The field of posts here indicate many simply do not understand the technology yet.

    • @Spectacles-xu8dp
      @Spectacles-xu8dp Month ago +1

      Good comment

    • @VRitasium
      @VRitasium Month ago +3

      @@ryanbrancel thank you man, 100% agree with you!

    • @Noobtuber251
      @Noobtuber251 Month ago

      Economy is terrible rn for 70% of the population, you can't blame them.

  • @JayaByte
    @JayaByte Month ago +8

    Idk why they give meta more screen time than what exists, like vrchat.

  • @vhoiki
    @vhoiki Month ago +2

    Those visionaries are already extremely rich, and what they are inventing now is for the extreme rich, for their hobbies. We have to remember that their products still are for the masses. What made them successful are the masses who uses their products. No one with their minds intact will be inside this metaverse thing for so long. We all still are very much aware of the real world and the things that should be dealt here. Things that are tangible, things that will fill our stomachs to live.

  • @SomniumSpaceVR
    @SomniumSpaceVR Month ago +15

    VR Metaverse is not a sprint, it is a marathon

    • @ChesterMeadows
      @ChesterMeadows Month ago +8

      Exactly, people have no idea what will be possible with the tech in years to come. Even now people would be mindblown at where its at with the Quest 3.

    • @tristanduck4235
      @tristanduck4235 Month ago

      Exactly… that’s the point, nobody knows. It’s almost like the tech is super niche and not worth the hype

    • @HeadsFullOfEyeballs
      @HeadsFullOfEyeballs 23 days ago

      That seems like a big problem then, given the lifespan of tech products and the way capitalism works. You're supposed to have a good value proposition from the start and then scale up/diversify. Can you think of any tech product that succeeded after languishing for years and years post-release because it was janky and pointless and its owners couldn't figure out what to do with it? Because I can't. Normally when you're eating billions in losses at launch, it's because you're trying to starve the competition through price dumping, making users an amazingly cheap offer to lock them in, Netflix style. Not because nobody wants what you're selling.

    • @tom4150
      @tom4150 15 days ago

      Like 3d movies lol

    • @ChesterMeadows
      @ChesterMeadows 15 days ago

      @@tom4150 Nah man, look at what the kids are playing. Over a million daily users in vr just playing Gorilla tag alone which generates over 100 million dollars a year. They'll remember the Quest 3 like we remember the ps1 as they decide to play some retro stuff on gamepass installed on they're vr/ar raybans in 30 years lol

  • @Natanel-Alers
    @Natanel-Alers Month ago +2

    Metaverse could of worked in a universe were everyone had stay at home jobs

  • @HelloSwiftful
    @HelloSwiftful Month ago +8

    Zuckerberg: "We want a billion people inside the Metaverse, for work or entertainment, so that they will never have to leave ever again."

    • @Spectacles-xu8dp
      @Spectacles-xu8dp Month ago +1

      It's strange that the vast majority did not want the possibility of home office with the metaverse

  • @davidl242
    @davidl242 Month ago +2

    When this whole metaverse convo was at its height, meta stock was trading around $88, ever since this died down it’s now in the $600….. i think metaverse earned zuck alot of money tbh….

  • @johnnytoetoes718
    @johnnytoetoes718 Month ago +38

    Been watching to much CNBC that now I’m watching a 3 min ago video

  • @rendermanpro
    @rendermanpro Month ago +1

    Ads.... Imagine playing a game in VR headset and some ad popping up at full scale 🤣

  • @lookingfordrama01
    @lookingfordrama01 Month ago +58

    ITS A SCAM😂😂😂

    • @JamilaJibril-e8h
      @JamilaJibril-e8h Month ago +3

      You mean it's Jewish i don't know man 😭😂😂😂😂😂

    • @urbanracer032
      @urbanracer032 Month ago

      ​@@JamilaJibril-e8hYou're one of those self hating types, got it.

    • @MkCapitals-z2e
      @MkCapitals-z2e Month ago +2

      It's inevitable it's going to come weather we like it or not

    • @lookingfordrama01
      @lookingfordrama01 Month ago +1

      @ AMERICAS FAVORITE BOARD GAME IS CALLED MONOPOLY!

  • @ninjanerdstudent6937
    @ninjanerdstudent6937 Month ago +2

    I'm waiting for the Orion glasses to be under $2000 and actually sold to customers.

  • @Paata02
    @Paata02 Month ago +3

    that lizard isn't happy that people are chained to their phones and wants their souls to enter his virtual reality to milk us for good

  • @ahmednibra89
    @ahmednibra89 10 days ago +1

    The thing is the metaverse already existed. It’s called video games.

  • @Bradastan
    @Bradastan Month ago +7

    The tech isn’t good enough yet, but eventually.

    • @acomedybyec1437
      @acomedybyec1437 Month ago

      Yea like eventually once we are all dead and gone! Smh enjoy reality now

  • @ThoughtfulAl
    @ThoughtfulAl Month ago

    I started and ran a computer business for 12 years, and I'm still quite into tech and AI, but I confess I had forgotten all about the metaverse over the past year.

  • @michaelnavarro964
    @michaelnavarro964 Month ago +23

    The Metaverse is so fetch.

    • @darkmatter5424
      @darkmatter5424 Month ago +14

      Mark, stop making Metaverse happen, it's not going to happen!

    • @ashleyshim2078
      @ashleyshim2078 Month ago

      😂😂😂😂​@@darkmatter5424

  • @ArchesBro
    @ArchesBro 7 days ago +1

    Shouldnt surprise people the guy is nuts. Facebook was originally created to creat profiles for women without their permission and rank them on appearance

  • @timw4369
    @timw4369 Month ago +25

    Metaverse is garbage going nowhere

  • @GameinHistory
    @GameinHistory Month ago +2

    Meta betting on the metaverse is like buying tickets to a concert with no date yet could be the event of the century… or we’re just sitting here with VR goggles on, waiting!

  • @CapitiStudios
    @CapitiStudios Month ago +9

    Quest 3 is awesome. The metaverse, not so much... but VRchat is there doing a way better job.

  • @testdriveph
    @testdriveph Month ago +2

    The guy with the glasses looks like a metaverse avatar 😅

  • @special1740
    @special1740 26 days ago +4

    Who needs this product?

  • @djgizmoe
    @djgizmoe Month ago

    Great piece. I’ve been doing research within Second Life since 2008, and though it’s still around, it didn’t explode in popularity because most users chose convenience and portability over immersion - ironically, Facebook itself was responsible for knee-capping that proto-metaverse. And yet Meta learned nothing from history. It’s maddening.

  • @sanadaHIRO
    @sanadaHIRO Month ago +19

    it called Playstation Home and it died in 2015

    • @fiddlestix26
      @fiddlestix26 Month ago

      Ugh I miss PlayStation Home. It was really ahead of its time tbh. I feel like it would do so much better on PS5

    • @MarcusWarcus40
      @MarcusWarcus40 Month ago

      PlayStation home was actually really neat back in the day

    • @DeRussellMasina
      @DeRussellMasina 15 days ago

      Funny how this idea already failed and rich people repackaged it as the future

  • @serge.x
    @serge.x Month ago

    thx it’s amazing, first deal video of cnbs i saw

  • @Soundsofanetwork
    @Soundsofanetwork Month ago +5

    What people don’t realise is that the metaverse is going to be based around augmented reality, what will be appealing about the metaverse and what exists in its infancy in virtual reality is social experiences that are a lot more complex and stimulating then our current use of the internet, a product like meta Orion glasses is where it will become mainstream. It’s difficult to explain this to the vast amount of people who have not experience social interactions with people across the planet.

    • @Bloooo95
      @Bloooo95 Month ago

      AR is not new. It's existed for over a decade now and people still do not care.

  • @Batmancontingencyplans

    The fruits of meta Verse is the rise of smart glasses which everyone are going to use sooner or later.....

  • @cmonman85
    @cmonman85 Month ago +18

    I don't want much for my birthday.. I just want the person reading this to be healthy, happy and love.
    Wishing you a good day! 🙏🙏🤷

  • @btrplay
    @btrplay 15 days ago +2

    Not gonna lie. This is hilarious to watch.

  • @sasstewart1222
    @sasstewart1222 Month ago +7

    I'll say the same thing i did in 2020, NFT's and the metaverse are a passing fad.... nothing else.

  • @rendermanpro
    @rendermanpro Month ago

    This dude should make something like local clubs by interests, like meetups, when real people meet real people. Already most people are stuck in their phones and do not see anything around.

  • @WillR-Cincy
    @WillR-Cincy Month ago +4

    I’m nearly 85. Assuming I’m about to leave the Earth, can I just move my being to the Metaverse⁉️

    • @mungukendejoshua3632
      @mungukendejoshua3632 Month ago

      I highly doubt..I have failed to understand the problem it solves, may be because am in Africa and we don't think of that meta thing

    • @MagnumCarta
      @MagnumCarta Month ago

      You want to live forever in a low polygon world?

  • @DKGifford19608
    @DKGifford19608 7 days ago

    We joined social media because we had the hardware already. It did not require new costs, new skills, new currency, or take us out of our real life reality. I could check social media while interacting with people, nature, real environments or while momentarily avoiding work or school. Not opting out of real reality. They didn’t think any of this through.

  • @aucontraire1986
    @aucontraire1986 Month ago +4

    If they wanted users they should have focused *way* more on actually fun games. Instead they did one mediocre game and crappy social service.

  • @eccentricity9697
    @eccentricity9697 27 days ago +1

    Okay, so the Metaverse was supposed to be a place where you can work and play.
    The questions is, can you work and play better in the Metaverse?
    Because if you can’t, then there is no reason for people to go there.
    This is broken down easily:
    1. Work -> Video calling platform like Zoom and Google Meets are better
    2. Play -> All current paying devices are better
    This is basic business fundamentals they ignored.
    What is the value add of the Metaverse?
    There is none.
    They were just looking for a new way to make money and hoping this would be as game changing as phones and the internet.
    But phone and the internet had a serious value ad, the oculus for example does not.

  • @IspiguiteSuperlativeThought

    VR has huge potential once the tech improves, headsets are slimmer, cheaper. There are so many use cases. It'll take a few more years to get there

  • @DanielEdwards-
    @DanielEdwards- Month ago

    Sega was building a 3D headset in the 90’s, and so were Nintendo on the back of the VR hype of the time. They never came to fruition because it made users nauseous. The same still applies today, the disconnect between what you see and feel is very real and won’t be overcame with a headset.

  • @DavidBrooks-o5t
    @DavidBrooks-o5t Month ago +18

    What's the best way to profit from this stock market bull run?

    • @JessicaDavid-z5n
      @JessicaDavid-z5n Month ago +1

      As a beginner, get yourself someone who understands the market very well and is also professional in the placement of trades. that's the key

    • @AliceDaniel-g6v
      @AliceDaniel-g6v Month ago +1

      Agree with you in my own experience, I have come to know it's risky and not profitable to hold coins while waiting for the Bull Run. Trading in financial markets has become a lucrative way of making money

    • @NathanRice-t9e
      @NathanRice-t9e Month ago +1

      Venturing into the stock market as a newbie was very difficult due to lack of experience, which resulted in losing funds... But Mary Jane, restored, hope she's a good woman

    • @JohnDavid-r8t
      @JohnDavid-r8t Month ago

      Can't imagine earning $32,000 biweekly,
      God bless Ms. Mary Jane gerard,
      God bless America❤

    • @PeterEmily-e4i
      @PeterEmily-e4i Month ago

      My portfolio has good companies. However, it has been stalling this year. I have approximately $70k stagnant in my reserve that needs growth.

  • @aristosbywater9605

    Three problems that are interconnected that they aren't paying attention to:
    1) The price of VR headsets is too high for average customers
    2) People who have VR headsets need space to use it. If the housing market is inhospitable, no one buys VR
    3) People have jobs
    Lower the housing prices and the rest may follow

  • @mikemjlove4988
    @mikemjlove4988 Month ago +14

    As someone who writes apps for different VR headsets, I can say that the idea of "Metaverse" didn't work out as well as Zuck thought. But the fun fact is this whole idea of "digital world" is just a fraction of what VR can do . Yes it's heavy on face and yes it's not the 8K super amoled display, but it's because the industry is not matured yet. The whole dimensions of living in the game, reliving 360 videos and the sense of being 'there' cannot be recreated by phones, tablet or even the biggest cinematic theatre. In fact VR is not even the end product, the whole race is towards making them slimmer, faster and affordable so the future generation can have the most immersive experience yet.

    • @IspiguiteSuperlativeThought
      @IspiguiteSuperlativeThought Month ago +4

      💯 exactly. Once the tech improves and is slimmer and cheaper, vr and ar will be a huge industry. This is like when cell phones 1st came out but 20 years later it improved dramatically. VR had huge potential.

    • @leonlee877
      @leonlee877 Month ago +7

      But why? I feel like the ultimate experience with the best HD graphics is reality.

    • @IspiguiteSuperlativeThought
      @IspiguiteSuperlativeThought Month ago +1

      @leonlee877 true but that doesn't stop people from playing video games. I believe this tech will be popular 10 years from now with the new generation

    • @hussain-x
      @hussain-x Month ago +4

      @@leonlee877 there are things you can do in vr/ar that you can't in reality.

    • @ericp4573
      @ericp4573 Month ago +1

      What about augmented reality that can enhance our senses