Genuinely couldn't believe this figure until I saw the Financial Times confirm it using Meta's own financial reporting data
For THIS
$100 billion is genuinely the kind of money you could "do the impossible" with. Crack nuclear fusion. HIV vaccine. Universal flu vaccine
And they spent it on this
For THIS
$100 billion is genuinely the kind of money you could "do the impossible" with. Crack nuclear fusion. HIV vaccine. Universal flu vaccine
And they spent it on this
Reposted from
Aftermath
Meta has spent over $100 billion on VR.
aftermath.site/meta-horizons-...
aftermath.site/meta-horizons-...
Comments
$50 billions, at $200/h cost (yeah i fucking don't know but seems good estimate) means 250 MILLIONS manhours. It means 50k people working 3 fulltime fucking year.
I suspect Meta is hidding something or make some ledger cooking
They’re making so much money selling your data, and serving you scam “ads” of Celebrities photoshopped holding shirts and the like that they HAD $100,000,000,000.00 to dump into this.
We really need GDPR type legislation at the federal level in the US.
Still, don't know how that adds up to $100 billion.
He hires people to think of new ideas like instagram and threads! They are not his ideas ! He is a person who sees opportunities and jumps on them claiming to be the inventor!
It's how this wealth, which was socially produced by millions of people, became privately expropriated into the hands of ... one dude.*
*Question not void if person is a woman
Wait... (rereads post)
Oh my god.
Smells like embezzlement to me.
You have to have something to eat in your bunker while the world burns.
SimCity 2000 even did a better job
VR offers some new challenges in that tracking may put things beyond constraints, and you want things like hands to be 100% in line with what you see but you could do some pretty simple magic to prevent this stuff
like, let's say you were completely insane and hired 10000 engineers on $1m a year, it'd still take 10 years to burn through $100bn
If corp profits were taxed, then the gov't would "waste" that money on the things you suggest.
Fixed the deficit! Raise corporate taxes!
It's mind boggling
Blow up any remaining good faith in Facebook, Instagram and Threads by ditching fact checking, tracking users everywhere, overloading ads, and messing with the algorithms.
Radicalize your grandparents.
Ugh, AI.
Mark Zuckerberg:
https://www.sansar.com/
Its fraud. Its fucking fraud
But Zuck is a moron.
Calibrate accordingly.
(Seriously, a mouth breathing moron)
If so, I’m for it.
They managed to make HS2 look cheaper than something
And HS2 is like...a physical thing over a third of a country
https://www.sansar.com/
When a private company screws up, she died and a lot of people lost a lot of money.
When public sector screws up, nothing happens and business continues as usual.
I assume you're saying that when a private company screws up it goes bankrupt.
if that is the case, where have you been since 2008? Or basically anytime.
Private companies screw up all the time in ways that don't cause bankruptcy, just cost money. Then they hide it.
https://bsky.app/profile/capeyron.fr/post/3liohljylv22w
https://www.epsu.org/article/public-and-private-sector-efficiency
The original iPhone (which changed the world!) had a total R&D budget of $150 million. Apple didn't even fund all of it! Cingular/AT&T co-invested in exchange for device exclusivity
This is OG Dot Com Bubble levels of burning capital
Let's see what he invests in next.