Comment on Mark Zuckerberg's 'metaverse' business lost more than $10 billion last year, and the losses keep growing

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yogthos@lemmy.ml ⁨2⁩ ⁨years⁩ ago

Investment investment they're expecting to gain some value like market share from it. I expect that the whole thing is just going to flop. It's basically Second Life, but you have to purchase special hardware to use it.

Dumping money into an idea until you get a monopoly you can exploit works in some cases. However, metaverse has to compete for attention with all the other stuff like shows, games, news, tiktoks, and all the other ways people entertain themselves. And pulling out your phone is a much lower barrier than putting on a vr headset. I think that's the fatal flaw of the whole idea, it's just too much effort for most people to bother. On top of that, the tech simply isn't there yet. The headsets are comfortable to use for like an hour tops, and lots of people end up getting nauseous or getting a headache from using them further limiting the appeal. I expect this idea will end up having a dedicated niche following, but it's just not going to reach mainstream.

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