Facebook to hire 10k in EU to work on metaverse
bbc.co.uk
bbc.co.uk
I use that term in the Bill Gates context, specifically in his 1994 book "The Road Ahead", which posited how people would use the up-and-coming Internet, with Microsoft firmly at the center of that hub.
That book was of course hastily re-written a year later as Netscape, AOL and other non-MS moats briefly became the first introduction people had to the web.
But in this case, FB owns Oculus plus 3 gigantic communication platforms. They're far better suited to act as gatekeeper than MS were.
There is something incredibly seedy about a company like facebook who's revenue model is around advertisement building a whole metaverse.
So far the explanation I've heard is basically "VR world app, you know, like the metaverse".
To me, that looks utterly pointless, but then again, I don't understand the appeal of watching other people play games for hours, and that's already proven to be a multi-billion industry somehow.
He probably sees himself as the misunderstood, genius creator of The Oasis rather than the conniving corporate bureaucrat in that movie (I never read the book version)
1. the average cost of a software engineer in Europe is lower than that in the Silicon Valley;
2. 10k employees are a powerful leverage when the EU will raise concerns about FB monopoly.