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justkelly.bsky.social • 1 day ago

Lmao and it still looks like shit

Reposted from Aftermath

Meta has spent over $100 billion on VR.

aftermath.site/meta-horizons-...

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franceslarina.bsky.social•1 day ago

What if they're not spending it on VR but instead on AI and the VR is just a cover so nobody knows?

justkelly.bsky.social•1 day ago

Why would they do that though, and also heavily promote VR

franceslarina.bsky.social•1 day ago

My guess is to hide the expenditure because they're sure they've got something new and big? It's no worse an idea than what they're doing now - unless they are purposely releasing low-res VR demos showing little progress so that the final release is "groundbreaking" in their plans.

justkelly.bsky.social•1 day ago

Eh I’d be genuinely surprised. I just don’t think tech companies work that way. It’s true they could be working on something new, but likely not with a budget that big so that they’d need to cover it up in some way.

franceslarina.bsky.social•1 day ago

So they're just woefully incompetent and keep releasing to their shareholders updates that should be embarrassing and show no real progress? That doesn't make sense, either? Please note, I'm not arguing I'm right; something just doesn't seem to add up esp. given the expenditure.

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