EXPLAINED: What is Metaverse and Why Facebook/ Meta Thinks it's the Future of Internet
3 years, 1 month ago

EXPLAINED: What is Metaverse and Why Facebook/ Meta Thinks it's the Future of Internet

News 18  

The term “metaverse” is the latest buzzword to capture the tech industry’s imagination — so much so that one of the best-known internet platforms is rebranding to signal its embrace of the futuristic idea. In an interview with The Verge, Zuckerberg said that “the metaverse isn’t just virtual reality” and would be accessible across various computing platforms like virtual and augmented reality and also on the personal computer, mobile devices and gaming consoles. A blog post in September by Andrew Bosworth, the VP of Facebook Reality Labs, and Nick Clegg, the company’s VP of Global Affairs had said that “the metaverse isn’t a single product one company can build alone”, mentioning how it would exist “whether Facebook is there or not”. As for the Facebook metaverse, the company said it’ll “require continued investment in product and tech talent, as well as growth across the business”. After former Facebook employee Frances Haugens shared internal documents that suggest the company knew that its products can have a negative impact on children and that it may have pulled back on its crackdown on hate speech, The Washington Post — a publication owned by Amazon founder Jeff Bezos — last month said Facebook’s metaverse drive is “part of a broader push to rehabilitate the company’s reputation with policymakers and reposition Facebook to shape the regulation of next-wave Internet technologies”.

History of this topic

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Column: Meta and Twitter show the drawbacks of giving self-satisfied billionaires too much power
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2 years, 3 months ago
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2 years, 4 months ago
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Meta announces new way to login to its Oculus VR system
2 years, 5 months ago

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