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Comment by grawprog | Hacker News Reader

>the 'Internet' becoming more and more 'real life' in general

>Facebook is absolutely one of the best-positioned companies to be able to become a long-term market leader in these areas

I think the reason for the negativity is possibly because maybe a company that's managed to create a massive platform where reality is massively distorted and manipulated algorithmically to maximize ad revenue and engangement, whatever the quality or lack thereof, should not be a leader in trying to make the internet 'real life' or whatever you want to call having ar/vr avatars that will allow you to participate in the new virtual corporate consumer world.

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> maybe a company that's managed to create a massive platform where reality is massively distorted

This might explain their fixation with VR.

It’s simple natural selection that the most engaging social media platforms became the most profitable, influential, and popular. There’s no guarantee that VR/AR will have the same selection pressure, and if the tech does have the same selection pressure than whoever wins will be engaging as well.

IMO Facebook creating the metaverse is like Xerox creating the GUI. Most likely the things that made Facebook successfully in social media will not make them as successful in VR/AR and they’ll either pivot hard or (more likely) lose their market leader position.

(I’m holding FB stock until their AR offering is announced, and possibly for a few years afterwards but I’m doubtful I’ll have their stock in 15 years.)

That’s my worry as well, that they’re not capable of capturing the market due to being a software company. But… they have hired like crazy and at this point I’m assuming most people working there have no link whatsoever with fb, so if they own all the experts there’s a good chance they’ll capture the market. As long as they keep iterating they’ll be fine.

Check out our social 3D/VR web metaverse platform here:

https://vrland.io/lobby

That's maybe enough spamming in this thread. Thanks.

Trying to bootstrap the metaverse, bear with me.

If by "natural selection", you mean "naturalized capitalism" then yes.

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