Mark Zuckerberg told staff Meta is in 'deep, philosophical competition' with Apple to build metaverse
Zuckerberg told staff Meta and Apple are in"very deep, philosophical competition" when it comes to the metaverse.is a term borrowed from science-fiction and refers to a hypothetical version of the internet that is accessed via immersive technologies like VR and AR rather than through screens.— formerly known as Facebook — to reflect his metaverse ambitions.
Zuckerberg said one difference between Meta and Apple is that while he believes Apple will create a closed ecosystem for its metaverse tech, Meta will try to be more open. "We're approaching this in an open way and trying to build a more open ecosystem," Zuckerberg said, as per a lightly edited transcript of the call published by The Verge.He also seemed to suggest Meta would beat Apple on price, as per The Verge's transcript:
"We basically deliver our devices at cost or at a slight subsidy, or slightly more than cost in some cases. But the bottom line is our business is not primarily taking a premium on the devices. We want as many people to be interacting in there as possible. Part of that is having it be an open ecosystem that's interoperable."
The company's investment in metaverse tech has so far been a big drain on its cash reserves, and Zuckerberg told shareholders in May he expects metaverse development to
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