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At a minimum, the app needs updates to handle breakages caused by OS updates. It needs moderators and other staff for legal reasons since Meta is large enough that there's always a significant liability risk for even a few users. It needs to interact with the main non-VR app unless they want to fully isolate it. Etc.

When I was at Google, I had many of these discussions about cost tradeoffs for products that were https://killedbygoogle.com/

There might be expensive non-technical maintenance required, such as checks for illegal user content.

It probably distracts from the AI race. With the newly bought political power it makes far more sense for Meta to align with whatever this administration seeks. And it’s not gaming or VR.

They should probably rename "Meta" the company then.