Who Cares About the Metaverse?
Marques Brownlee・15 minutes read
Meta's CEO, Mark Zuckerberg, is investing heavily in the metaverse despite the company's stock drop, with plans for VR and AR devices to shift beyond gaming into virtual meetings and remote work, raising concerns over potential control and dominance of the emerging technology space.
Insights
- Meta, led by CEO Mark Zuckerberg, is heavily investing in the metaverse despite a significant drop in stock value, focusing on VR and AR technologies to reshape user experiences and potentially replace traditional devices.
- As Meta expands its VR offerings beyond gaming to virtual meetings and remote work solutions, concerns emerge about the company's dominance in controlling the metaverse's foundation, raising issues of innovation limitations and privacy implications, particularly regarding targeted advertising and potential control over user experiences.
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Recent questions
What is the metaverse?
A virtual reality space for immersive experiences.
What is Virtual Reality (VR)?
Immersive technology for virtual experiences.
What is Augmented Reality (AR)?
Overlaying virtual elements onto the real world.
What are the concerns about the metaverse?
Potential limitations on innovation and competition.
How does Meta plan to use VR beyond gaming?
For virtual meetings and remote work.
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Summary
00:00
Meta's VR Push Raises Concerns and Excitement
- Meta's stock has dropped over 60% this year, with Facebook's growth stagnating, but CEO Mark Zuckerberg is committed to the metaverse, investing heavily in it.
- Virtual Reality (VR) immerses users in a virtual world, while Augmented Reality (AR) overlays virtual elements onto the real world, both challenging to demonstrate without experiencing them.
- Google's core business is ads, controlling what people see online, while Facebook aims to control devices to influence what users view, transitioning to VR and AR.
- Meta's Quest Pro VR headset, priced at $1500, boasts advanced technology, comfort, and balance, with features like Snapdragon xr2 plus processor, 256GB storage, and 12GB RAM.
- The headset offers 1920 by 1800 resolution per eye at 90 FPS, with face tracking sensors and cameras, and touch Pro controllers with cameras and sensors.
- Meta envisions a future where VR replaces traditional devices, with smaller, more portable versions of the headset planned for the future.
- Meta's strategy involves replicating real-life activities in VR, aiming to make VR experiences better than real life to drive adoption.
- Meta's focus extends beyond gaming to include virtual meetings, with plans for realistic avatars and immersive meeting experiences.
- Meta also targets remote work, offering a Virtual Office Building for global collaboration and tools like native Mac support and integration with Microsoft Office.
- Concerns arise over a single company like Meta controlling the foundation of the metaverse, potentially limiting innovation and competition in this emerging space.
14:38
Meta's VR Dominance Raises Control Concerns
- Meta, formerly known as Facebook, is well-positioned to advance virtual reality technology due to its extensive connections, technologies, and acquisitions in the VR industry. However, concerns arise regarding the potential control the company may have over individuals and the internet's future, including using eye tracking for targeted advertising, leading to hesitancy in supporting Meta's dominance in the field.
