the Metaverse just didn’t have legs
https://www.youtube.com/watch?v=f4Hm95rQYpM&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20260318-facebook-shutting-down-horizon-worlds-vr - podcast
time: 6 min 29 sec
https://pivot-to-ai.com/2026/03/18/facebook-shutting-down-its-horizon-worlds-vr-metaverse/
the Metaverse just didn’t have legs
https://www.youtube.com/watch?v=f4Hm95rQYpM&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20260318-facebook-shutting-down-horizon-worlds-vr - podcast
time: 6 min 29 sec
22 Comments
sailor_sega_saturn@awful.systems · 36 pts · 153d
Against all odds they found a worse future to pursue than forcing employees to strap VR goggles to their heads 40 hours a week, and have pivoted towards AI.
OwOarchist@pawb.social · 22 pts · 153d
And toward mass surveillance.
When you look deep into who's pushing all these new 'age verification' laws all the sudden, Meta's fingerprints are all over it.
bitjunkie@lemmy.world · 23 pts · 153d
lol
frank@sopuli.xyz · 19 pts · 153d
Lmao, even
NateNate60@lemmy.world · 20 pts · 153d
In a rational world, that fiasco would have resulted in shareholders angrily blowing the e-mail inboxes and telephones of every member of the board of directors and Zuckerberg would have resigned in shame years ago.
veni_vedi_veni@lemmy.world · 7 pts · 153d
Yea, don't really have much sympathy for Meta investors, they continue to give money to a company where the founder has a 51% voting share.
NateNate60@lemmy.world · 4 pts · 153d
Well, it's not really a rational world. I mean, Tesla stockholders somehow still want Elon in charge despite sales, brand value, public perception, and product quality declining under his watch.
YourNetworkIsHaunted@awful.systems · 3 pts · 152d
Seriously. Instead he announced he was going to be throwing somewhat less money into that specific dumpster fire and the investors decided that was worth 4%.
darkdemize@sh.itjust.works · 14 pts · 153d
It was still open?
arbitraryidentifier@awful.systems · 12 pts · 153d
I loled
HootinNHollerin@lemmy.dbzer0.com · 12 pts · 153d
Coulda just thrown money into the money hole
Ref: Onion news money hole bit
spittingimage@lemmy.world · 11 pts · 153d
Once again I see more warmth and depth of emotion in that low-poly avatar than in the man it's based on.
OwOarchist@pawb.social · 11 pts · 153d
Imagine how much money was spent on this...
Zozano@aussie.zone · 16 pts · 153d
You don't have to!
The answer is $77 billion USD!
fake@sh.itjust.works · 4 pts · 147d
Fucking how!?!????
Zozano@aussie.zone · 6 pts · 147d
Because the amount of money that billionaires have is not proportional to the true value of that money.
It is literally impossible for Elon Musk to spend all of his money without fucking up the entire global economic system, unless every country perfectly predicts and accommodates for a massive inflation event.
Money is not Money in the way it used to be.
The value has been stretched to such a silly proportion, that when Meta burns $77 billion, they just keep on going. They just write it off. It's fucking ridiculous that human value is not even represented by currency.
All of this shit is fucking phantom money, it's a concept in numbers, nothing more.
If you earn $15/h, it would take you 7 million years to reach the same wealth as these dickheads who don't look at you as anything other than a digit on a spreadsheet.
It's sickening. And if you're not fucking pissed, you should be.
swlabr@awful.systems · 5 pts · 153d
Riding this high for a while folks
QuinnyCoded@sh.itjust.works · 4 pts · 147d
just a reminder, vrchat is still hella popular and alive
RVGamer06@sh.itjust.works · 1 pts · 123d
And there's even a new kid on the block for the furries out there, or those who would like a Euro alternative: Resonite
pikesley@mastodon.me.uk · 4 pts · 153d
@dgerard I imagine their users are furious. Both of them
V0ldek@awful.systems · 4 pts · 151d
In hindsight, it wasn't the best of ideas.
I mean, it was obvious at the time as well, but nevertheless
MummifiedClient5000@feddit.dk · 4 pts · 153d
Oh no. Please don't.