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Meta continues to bet on the metaverse: “It will be as important as smartphones.”

Mark Zuckerberg and the much-discussed image from the metaverse. | Font: Mark Zuckerberg

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Despite criticism, the Meta continues to ardently believe in metaverse.

Name change facebook a Target in October 2021 demonstrated the importance metaverse to Mark Zuckerberggiant boss social media.

A lousy 2022, in which 11,000 workers were laid off, has not been forgotten. Target give up your belief in the metaverse.

As important as mobile phones?

Chris Cox, Product Manager at Targethe said on the panel Davos Economic ForumSwitzerland that metaverse one day it will be as important as smartphones.

“One day this computing platform ( metaverse) will be just as important as smartphone in our lives,” he said.

Cox explained, “I think the Internet is a very good way to think about the metaverse because some parts of the Internet are very consistent with others.”

Senior Executive Director Target gave as an example how users can use instagram and then Google Maps without getting confused. According to him, such “interoperability” does not yet exist in the metaverse.

At least at this moment Target You are not alone. Nokia it is also provided that metaverse boom at the end of the decade, becoming the main form of communication, surpassing Cell Phones.

The Metaverse and Its Impact on Facebook

Estimated Target lost about $19 billion over the past two years. reality labthe division responsible for the creation of the metaverse.

And despite layoffs at the company, Target will continue to invest heavily in metaverse: at least 20% of all your investments.

Report insiders in 2022 indicates that the “stubbornness” of the metaverse is worrying within the company. An unnamed employee as director assured the publication that Mark Zuckerberg “He just wants to talk about the metaverse.”

Source: RPP

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