Yeah one thing that’s puzzling to me about FB’s bet is that Oculus should be a litmus test for the consumer interest in this stuff and afaict it hasn’t really took off. If Oculus isn’t particularly realizing huge growth, why would the Metaverse?
That and there's been effectively 0 progress on these points in the past few years. There's still potential, but I'm less optimistic about VR generally and Oculus in particular.