The people you've been promoting have made Mark Zuckerberg defend himself to investors due to your memes

Mark Zuckerberg's Horizon avatar, looking just awful

Image Credits: Facebook

 

In today's earnings call, Meta founder and CEO Mark Zuckerberg were cautious regarding the company's involvement in the meta world. The company suffered losses of more than three billion in the Reality Labs division this quarter, and its net earnings sustained a significant blow.

Since changing its name from Facebook to Meta, the company of Zuckerberg has been receiving a lot of criticism for its dive into the world of meta. One of the most harrowing moments occurred in August when Zuckerberg's chief executive posted a photo in the shadow of a virtual Eiffel Tower to commemorate the expansion of the VR social network Horizon Worlds into France and Spain.

 

Mark Zuckerberg avatar

Image Credits: Facebook

The image was so awful that it was deemed the subject of a meme. He was forced to correct this by posting a second image of what avatars could appear shortly.

It's clear that Mark was able to take the criticism seriously and brought it up in the earnings call this morning when an investor inquired about whether the company's growth so far met his expectations.

"I sometimes know when we ship products, there's a meme where people say, 'You're spending all this money and you produce this thing,'" Zuckerberg declared. "I think that's not the right way to think about it."

He went on to say, "I think there are some different products and platforms that we're building, where we think we're doing leading work that will become... launching consumer products and then eventually mature products at different cadences, different periods of time over the next five to 10 years."

Some of these products for consumers comprise... legs.

He also said he believes that Reality Labs teams are making excellent progress, and there's no evidence to suggest that VR and AR will not be the dominant technology in the near future. However, he has modified how he described products such as Horizon Worlds and described it as something Meta is developing in public and iterating on in public.

"It has a long way to go before it's going to be what we aspire for it to be," Zuckerberg stated regarding Horizon Worlds. "We think we're doing some leading work there, but obviously we need to get that into the product and continue innovating on that."

Yet, Zuckerberg continues to project faith that the billions Meta invests in VR is a brilliant idea. "Many people might disagree with this investment," Zuckerberg declared. "But from what I can tell, I think that this is going to be a very important thing, and I think it would be a mistake for us to not focus on any of these areas, which I think are going to be fundamentally important to the future."

Zuckerberg seems a little more human than the average person when he says that VR and AR are considerable opportunities to grow the technology sector. However, his vision for the future of the metaverse, which is one in which we're always plugged into our headsets, isn't always easy to take in. Quest 2 Quest 2 is quite a cool device as well, as the next headset for consumers will be better than the previous one. On Quest 2, you can play Quest 2 you can play the most realistic game of Ping-Pong with your friends from all over the globe and converse with them as if they're sitting just next to you! However, do we really need to sit at our nine-to-five in front of a huge screen that is right in front of our eyes? Do we prefer to spend time with friends in Horizon Worlds than grab IRL coffee with a pal? I don't think so, at the very least.

 

earnings, Mark Zuckerberg, meta, metaverse

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