The metaverse was a $100 billion flop. It should make us think twice about AI predictions.

Reality Labs, the Meta division that hosts the project, has racked up around $75 billion in operating losses since 2020.
Futurism

Zuckerberg’s New Metaverse Ad Is So Bad That the People Who Created It Must Be Secretly Trying to Humiliate Him

Meta has released a new “ad” for its flagship virtual reality app, Horizon Worlds — and it’s so much worse than anyone could have predicted. The 44-second clip Meta shared on Instagram over the ...
Fast Company

What was the metaverse?

At the heart of the metaverse derangement was the persistent inflation of its definition. McKinsey & Company proclaimed in June 2022 that the metaverse could generate “up to $5 trillion in impact by ...
Forbes

The Metaverse Was Suppose To Change How We Bank — What happened?

The metaverse was supposed to be transformative. In March 2022, Meta CEO Mark Zuckerberg called it “the next chapter of the internet overall.” Three years ago, Satya Nadella, CEO at Microsoft, wrote ...
NPR

What happened to VR and the metaverse?

Virtual reality was once promised to be the future of not only video games, but social media. Is that future still possible? NPR's Ailsa Chang talks to Vishal Shah, VP of the Metaverse, to find out.
Pragativadi

Mark Zuckerberg Scales Back Metaverse Vision as Meta Platforms Faces $80 Billion Losses

Mark Zuckerberg-led Meta scales back its metaverse ambitions after $80 billion in losses, shutting down Horizon Worlds VR ...