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Perhaps a strong, independent board of directors could have mitigated this fiasco. The meta-verse never looked like a good idea especially after previous failures like "Second Life." YMMV

https://www.theatlantic.com/technology/archive/2021/10/faceb...

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You can't really predict the future like that.. there were lots of mp3 players, tablets, smart phones, smart watches etc. before the ones that "hit it off" and made a lot of money. I'd think the theory is Meta has the money to invest for the long term as the market is building and become a leader.

Walkmans were big hits 50 years ago. Blackberry phones 20 years ago. I wouldn't exactly say music players and smart phones had a track record of failures.

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