but isn't it good that the standards aren't coming from Facebook, but rather will have to come from a more neutral source? I also wouldn't expect a big corp to be the one to create open standards for the rest of the community.

The way I see it, Facebook kicking off the push towards a metaverse is kind of like Bell Labs creating Unix. Sure it took a big corp with a lot of money, but that gives the rest of the community something to emulate and build off of, or decide what parts they do and don't like, and so eventually we'll have the metaverse equivalent of Linux. (edited for clarity of the first paragraph)