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