Happy to help. Nothing happened. Everyone pretended like it didn't happen. It's almost entirely gone. Horizon World somehow exists. $45bn basically disappeared into a black hole owed to "lack of a clear vision and mismanagement." Who knows what happened!
https://finance.yahoo.com/news/metas-reality-check-inside-the-45-billion-cash-burn-at-reality-labs-125717347.html
https://finance.yahoo.com/news/metas-reality-check-inside-the-45-billion-cash-burn-at-reality-labs-125717347.html
Comments
I'm a bit conspiracy brained, it seems to me like how Israel makes all of those apps that nobody uses. It really seems like a mob thing to me
Mark zukerberg has been committing treason and espionage for years..
I truly believe it’s both.
Even a war is less wasteful (in money) than whatever Mark is doing.
in your... fury... you... made him... work on ... generative AI
nah...nauhh..noooUUUU
God I miss the days of YTMND.
I mean, it’s wild that Google puts such shitty tech in the shop window.
https://www.wheresyoured.at/the-men-who-killed-google/
https://bsky.app/profile/edzitron.com/post/3lmlig2ro6k2l
I’m now convinced Metaverse is a pedo playground 😬
Zuckerberg, in a well-known incident he now surely regrets, was asked in the early days of Facebook why people would hand over their personal information to him. He responded, "They trust me
dumb fucks."
About burning
Your metaverse money
Like the Joker
It was so bad
Someone had to stop it
https://youtube.com/shorts/ShmxELGyjLo?si=ql2AXSnUUz54R-mk
The machine is god, god is the machine
Praise be to the machine
Praise be to the seeker of secrets
I will become a warning to others. That will be my sole contribution to the great work.
I've heard they spend a good bit of money buying up suppliers and parts inventory to stop competitors from building headsets.
https://app2top.com/news/the-creators-of-second-life-revealed-the-cost-of-the-project-1-3-billion-went-into-its-development-and-another-1-1-billion-was-spent-on-payments-to-content-creators-275961.html
Whims of a loser who, unfortunately, won big once.
https://bsky.app/profile/rudell.bsky.social/post/3kras7wnj322g
Except maybe pirates? Meh.
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I calculated that CONSERVATIVELY they spent about a million dollars on 6 years of my salary + benefits alone, to make 0 games
But a lot of it probably went to the several dozen failed attempts to make *anything* work before they started Horizon Worlds that Meta doesn't want anyone to talk about.
Yeah, everyone at the company is back in the office now.
Seriously, I know it’s a drag, but everyone needs to get the hell off Facebook and Instagram. They’re auctioning you off like every 2.2 seconds and using the proceeds to destabilize the planet.
that's my prediction
CEOs doing this shit is only limited by the number of CEOs with access to billions they can waste.
45B would have helped a lot more people in need than the people who pocketed this.
also hey Ed love your work keep at it man
@obviouslycloe.bsky.social
Meta spent billions trying to get people to use it for business meetings, VR chat realized that gamers with social anxiety wanted a hangout space.
Never heard of, btw
They appealed to all those.
Meta Fb couldn't even appeal to their business guys
Unless they are using it for obviously illegal stuff like mercenaries in Africa to kill people opposed to Facebook blistering water for data centers? Wagner?
All of whom have ties with Russia.
Odd, that.
Russian and American conservatives get along because they’re all part of similar reactionary strains of the same religion.
Have Americans managed to convince themselves that this isn’t collusion with the Kremlin from MAGA?
If so, that’s a tremendous disappointment.
Not my problem, I’m not a Yank.
But for all my life (and previous) America has been a liberal democracy without a radical right wing.
Both republicans and democrats were approached by Russian oligarch money, only one side accepted it and corrupted govt.
Wake up, mate.
That pretty much sums it up.
Keep waiting “until the next version”
IDIOTS.
100%.
This future is so fucking dumb.
Like Big Data, 3D displays, NFTs, blockchain, etc...
This was a good definition, although it missed one thing: embezzlement 😂
Except, we were seven people and only spent 2 million.
50 billion dollars went on that??
It could be amazing to be fair
poor kids who had to be guinea pigs for garbage tech at the expense of their learning
Teaching English seems like an insane use case. I'd argue Skype is superior because you can at least see what a human face saying the word looks like lmao