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Tag: Meta

  • Mark Zuckerberg’s metaverse vision is over. Can Apple save it? – The Guardian

    And then there is the elephant in the room – and the reason why it may still be too early to fully write off Meta’s metaverse ambitions altogether. On 5 June, Apple is set to lift the lid on the worst kept secret in tech: its own virtual reality headset.

    Piecing together leaks from the supply chain, reports from California and the groundwork the company has laid with developers, it is clear that the iPhone maker is planning to take a radically different approach from its rival, with a price tag in the thousands of dollars and a long-term goal to create a device that people do not feel the need to take off when they want to speak to people in the same room as them.

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  • This is Meta’s AR / VR hardware roadmap for the next four years – The Verge

    Aside from the Quest lineup, Meta also has thousands of employees building future AR glasses and wrist devices for controlling them. The key difference from VR is that the company intends for AR glasses to eventually be worn throughout the day as a replacement for smartphones. Zuckerberg has called them the “holy grail” device that will “redefine our relationship with technology” by the end of this decade.

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  • In battle over A.I., Meta decides to give away its crown jewels – The New York Times

    As a race to lead A.I. heats up across Silicon Valley, Meta is standing out from its rivals by taking a different approach to the technology. Driven by its founder and chief executive, Mark Zuckerberg, Meta believes that the smartest thing to do is share its underlying A.I. engines as a way to spread its influence and ultimately move faster toward the future. Its actions contrast with those of Google and OpenAI, the two companies leading the new A.I. arms race. Worried that A.I. tools like chatbots will be used to spread disinformation, hate speech and other toxic content, those companies are becoming increasingly secretive about the methods and software that underpin their A.I. products.

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  • Understanding the economic potential of the metaverse – Meta

    The research finds that the United States is well positioned to harness the potential of the metaverse and lead its global development — both of which are expected to bring significant benefit to the US economy and could contribute between US$402 billion and US$760 billion in annual GDP by 2035.

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  • RIP Metaverse: An obituary for the latest fad to join the tech graveyard – Insider

    I do not believe that Mark Zuckerberg ever had any real interest in “the Metaverse,” because he never seemed to define it beyond a slightly tweaked Facebook with avatars and cumbersome hardware. It was the means to an increased share price, rather than any real vision for the future of human interaction. And Zuckerberg used his outsize wealth and power to get the whole of the tech industry and a good portion of the American business world into line behind this half-baked idea.

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  • Who is still inside the metaverse? Searching for friends in Mark Zuckerberg’s deserted fantasyland. – Intelligencer
    Ever since VR began going mainstream, the masters of the corporate world have been circling the virtual one, waiting for something concrete enough to throw money at and, in the meantime, putting out press releases to assure shareholders they’re on top of it. None of the cheerleading makes the metaverse sound too enticing, however. Some of it is downright sociopathic.

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  • Whatever happened to the metaverse? – Financial Times
    Type “metaverse” into Google Trends and you’ll see search traffic for the word has collapsed by about 80 per cent over the past year or so. These days, if you want to raise a load of cash, you’d be better off name-dropping “generative AI” — artificial intelligence that can “generate” text, images or other data. Venture capital investment into that particular sector jumped 425 per cent between 2020 and 2022. […] All this is not to deny the likelihood that, as technology advances, the internet will become more immersive. But this will happen gradually and messily: we are not about to step into a suddenly formed, blockchain-powered virtual world together. The metaverse never really began — and yet it’s already over.

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