Who cares about billions of dollars wasted on the last profitless scheme when there is a whole new profitless scheme to dumb money into? Line goes up!
this post was submitted on 14 Jan 2026
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I want cloud gamified LLM GenAI NFT Cryptocurrency Neural network IoT Web3 Metaverse!
So, they were still throwing tons of resources into this years after it flopped?
"Flop", to me, implies some sort of jump. "Metaverse" just kinda rolled off the edge of a cliff immediately, like a dog shitting on a frozen hill.
Oh look, that completely predictable outcome of an obviously stupid fucking idea, that people still felt the need to argue with me about so many years ago despite it being obviously doomed for failure.
Can Facebook unsteal the name now?
I've always appreciated that they stole the name from Snow Crash. Like Zuck completely unironically named his company after a technological dystopian hellscape infected with a virus that destroys people's brains. Honestly, I don't think there's a better name for Facebook.
Did he say he named it for that? Bc I can totally believe he has no idea what Snow Crash is.
I mean, Neal Stephenson coined the term "metaverse" to reference a virtual world not limited to gaming but to all kinds of business and commerce and social interactions.
Zuck's concept for the metaverse was basically the same thing. I'd be surprised if the connection wasn't intentional.
completely predictable outcome of an obviously stupid fucking idea
Nah, it could have worked if Meta started by
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sell the hardware to businesses and schools at a loss, with a requirement users be able to take the sets home.
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Publish standards to allow all apps to have multiplayer and compatible full body avatars, same control scheme, movement, etc.
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buying up VRChat and any other apps with a large user base, refactoring them for compatibility.
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Develop and release free multiuser apps, from virtual office/meetings to virtual movies to home decor.
Somehow FB didn't even try to exploit the same effects that forced everyone into Apple, MS, and FB.
To be clear, its for the best, the end result of FB giving out millions of headsets at a loss would have been making even more money selling much more precise user data, and virtual nikes and shit.
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To what are they gonna rename the company now?
SLOP
Meta is now SLOP:
- Social media
- Large Learning Models
- Online Engagement
- Pedo support
I'm Mark Zuckerfuck and I suck.
I was thinking of spelling out the acronym but hilariously, Pedo (defense, support, porn, or something) was 1000% what I was going to use for P!
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Companies like meta and Amazon can’t be trusted with gaming, it’s just a silly side project to them. If I was working at a studio acquired by either I would be shit scared for the studios longevity.
I remember when Amazon went all-in on gaming. Everyone was skeptical, and they partnered up with so many Asian companies.
Then they pulled out. Then they pulled back in. And now they're kinda in a weird place.
What did they make?
New world and Amazon Luna (maybe im getting the names Mixed up)
Yeah, I eventually found a Wikipedia page about Amazon Game Studios, they still exist and make games, and it looks like they only make mediocre stuff even when they have chances to make something interesting (like King of Meat, that seems to be a well received game, but has awful name, is too pricey, and is almost unknown, making the online too small)
Microsoft too.
They flip flop over if gaming is important to them all the time.
Yeah time to start saving as much as you can if they buy you, if you weren’t already doing so.
Then you’ll at least have something for when the inevitable comes.
You'd think they would lose a lot of money making all those shit investments, but then America is the upside down and nothing makes sense over there.
It's a bug in our simulation. If you're poor and you lose a little money, you go bankrupt. But if you're rich and you burn a fuckton of money, you can buffer overflow into richness and go back on top.
All 5 users will be angry
Actually one of them was supernatural. And that is a massive community there is some massive blowback going with regards to that. My significant other being one of those people so I've heard a lot about it over the last 24 hours seeing all the posts seen post from all the coaches that were involved that have gotten laid off and just one of the communities on Facebook is somewhere in the neighborhood of 170,000 people.
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I'm actually kinda angry. There was a lot of money being thrown at this metaverse thing, and I wanted to milk that sweet Facebook money for as long as I can building products nobody use. Now I'll never get that chance.
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Well they gave it their best shot. It was literally impossible for them to have produced a more compelling product. That would have required skill and talent
Thank goodness there was nothing more useful we could have done as a society with all of the tens of billions of dollars that was spent on this project, or it would have been an incredible waste!
That's probably a lot of lost jobs.
But also 100% predictable. Sad, but not unexpected.
For reference, I could absolutely take a job in the next couple weeks with a $50k signing bonus where I get to shoot people in the face with impunity, but I also know that the Nuremberg Trials were a thing. Also, I’m not a horrible human.
I expect that everyone there has seen this coming for ages now.
Even better they should sell the oculus tech to someone else who might give a damn.
they took the meta out of Meta 🤣
Hey Suckerberg, how's "the future of the Internet" working out for ya?
Why not shut it all down?
I do like the idea of business people doing business in a VR boardroom instead of flying all over the place and wasting company money on hotels and fine dining. Nothing to do with meta but how a VR tool can be used for things other than gaming.
I bought a Quest 3s about a year ago and am an old school, single-player gamer. Meta sure tried hard to get me to socialize and meet "friends" while VR'ing but I was never interested. Also, because of the whole surveillance layer built into new tech I worry about my interior spatial domicile information being exposed. Not that there is a big secret in a house floor plan but I just don't like people sneakily looking at my shit.
I do like the idea of business people doing business in a VR boardroom instead of flying all over the place and wasting company money on hotels and fine dining. Nothing to do with meta but how a VR tool can be used for things other than gaming.
Sure but I fear that they all feel so important that they won't use it.
Sigh...I agree.
Zuckerberg got lucky once, used the talents of others to capitalize on that luck. If he was smart, he would have quickly retired and set about enjoying his wealth but instead he's wasted small fortunes running Facebook. Got high on his own supply when really he was never especially talented at anything.
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