Re:Meta isn’t even in the top 20 most valuable U.S. companies
by armitron on Thursday October 27, 2022 @04:35PM
(#33363668)
If the metaverse gamble works out (and I don't think it will), he'll be called the greatest visionary since Edison. I despise FB and everything it stands for, but I quite like Zuck gambling big on VR.
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Re:Meta isn’t even in the top 20 most valuable U.S. companies
by FullyFunctional on Thursday October 27, 2022 @04:48PM
(#33363827)
I will be astounded if that pans out. I’m 100% convinced that few will actually want a headset strapped to their face for any extended time. The only relevant app is games and even this is limited in scope (I was an early adopter of the Valve Index)
Re:Meta isn’t even in the top 20 most valuable U.S. companies
by dont__panic on Thursday October 27, 2022 @05:07PM
(#33364060)
During whatever time humanity has left, that is. I'm not sure I want to live in a world where everyone is stuck in virtual reality for 90% of their waking hours.
I guess all those people tethered to their phones 24/7 won't experience much of a change.
Re:Meta isn’t even in the top 20 most valuable U.S. companies
by 1letterunixname on Thursday October 27, 2022 @10:11PM
(#33366727)
VR isn't going anywhere. It's a category that's been tried over-and-over for 35+ years. It's AI, enterprise software like Workplace, and possibly AR. $50B on CapEx in the next 2 years, mostly buying GPUs. If you want to make money, buy NVDA and META now. Oculus could also become the next Nintendo Switch. They have a lot of money and a lot of degrees of motion to pivot on. Betting against piles of smart people who can make things would be foolish. Even if there isn't an immediately novel and wildly-popular use-case for their particular AI foundation, it's possible to lease AI-as-a-service like AWS with that amount of hardware.