> the fundamental bet was that the main computer interface display device would move from being a monitor
That's not really the bet they were making. It was deeper than that.
Facebook discovered that people are willing to use their product to dissociate to an extreme degree. There are some people out there whose entire lives are on FB and Instagram. Take their profiles away, and you would literally erase the livelihood and even identities of some individuals out there. They have no relationships and no skills in the material world. Their entire existence is a profile, and the relationships cultivated in that profile. Just as you and I cease to exist in the material world when we close our eyes and go to bed, these people cease to exist at all when they log off of Facebook and Instagram.
And so Meta, being the consumer-focused company it is, was looking to give their best customers exactly what they want: a way to complete their dissociation in the material world, and to bring even more of their existence into the metaverse, the digital plane of existence for many of their customers. Their pitch for metaverse meetings seems so strange to us on the material plane because in-person meetings are the last thing we'd replicate digitally. But for those who are ready to dissociate into the digital plane, a digital meeting room is the next logical step.
It's like what Agent Smith says about the first version of the Matrix. Yeah, it was perfect, but it wasn't real. So they added pain and suffering to make it real. The FB can offer a great dissociative experience if that's what you're looking for, but if you're really looking to let go of the material plane, you need to bring in all the pain and suffering you're used to into the metaverse. Otherwise the distinct lack of meetings gives away the charade.
The problem for Meta is that the Metaverse is a very expensive proposition, and there are only so many hardcore FB and Instagram addicts at this point willing to dissociate to that degree. The rest of us enjoy our material plane of existence, and aren't addicted to Facebook and Instagram the way their users are.
And there it is, the word "user", which reminds us that FB customers really have a lot in common with drug addicts.