Mark Zuckerberg can’t quit the metaverse

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Mark Zuckerberg can’t quit the metaverse
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Meta launches Quest 3 and continues to focus on the metaverse — even though the market isn’t as positive. Zuckerberg shows a shift in his thinking about the concept.

. Companies like Disney have closed down their metaverse divisions and deemphasized using the word, while crypto-based startup metaverses have quietly languished or imploded. In 2022, Meta’s Reality Labs division reported an operational loss of $13.7 billion.

At Connect this year, Zuckerberg emphasized that the modern “real world” combines the physical world and the digital world still being built — and that it all builds up to “this concept we call the metaverse.”“Pretty soon, I think we’re going to be at a point where you’re going to be there physically with some of your friends, and others will be there digitally as avatars or holograms, and they’ll feel just as present as everyone else. Or you’ll walk into a meeting and sit down at a table.

Most people still have limited experience with these AI advances. According to Zuckerberg, Meta has done a lot of testing and red-teaming to make sure its AI bots aren’t problematic, but he also said the company is rolling its new products out more slowly than usual.

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