FB is spending 50 billion on stock buybacks. Thats the biggest sign they have no clue what to do with the cash they have. From such people's imagination the metaverse is produced.
My theory is the whole metaverse charade is just a nice story for investors in hopes to figure things out later when this inevitably doesn’t pan out. Kind of like g+
They could build a Bart extension from union city to East Palo Alto. There’s already a track.