camn333
18767
61
9
https://aftermath.site/meta-horizons-sucks-so-much-shit-we-could-wipe-out-medical-debt-for-100-billion
Feb 17, 2025 4:21 AM
camn333
18767
61
9
https://aftermath.site/meta-horizons-sucks-so-much-shit-we-could-wipe-out-medical-debt-for-100-billion
andexer
When the market efficiently allocates resources /s
thefinglongerer
It's not wasted. It's like funding Lockheed Martin. Most of the money goes to R&D salaries, those people spend money in the regular economy. It's not the most valuable way to leverage capital, but it's not wasted cash-flow.
pravetz
It was all an attempt to make Facebook cool, it failed, but it gave his company a new name at least
gman003
How?
No, seriously, how?! You can look at hyper-expensive games like GTA or Cyberpunk, they don't even break *one* billion dollars. A hundred billion would easily cover the entire Call of Duty franchise, a series known for lavish production values and ridiculous budgets. A hundred billion beats Microsoft's purchase of Activision, the largest merger in the industry.
Is most of this going into selling hardware at a loss? Is the Oculus library full of commissioned games nobody cares about?
tratratralala
The Metaverse was a massive (predictable) failure, but they managed to be the leader in the VR market. Their headsets are honestly the only ones worth buying based on price, hardware and software maturity, and apps/games available. If Meta can come up with good AR goggles, they might be in a good position to get all that money back in the future.
Woogyface
the first AAAAA experience!
friendsofsandwiches
that's more than nasa spent sending people to space.
hamulusrex
And instead of getting rid of the shit execs that signed off and forced the VR shit, "poor performers" were let go....
dislurkerdude
2nd life looks better
BearyBearyBearyBeary
Turned out VR had no legs.
kowanfox
Some furries literally made (by far) better avatars for 0.000001% of the cost of this. There's some fucky things happening in the background.
Hexidimentional
Not even just furries.. there are way better looking metaverses out there.
lackinglife
My favorite thing is everything he wanted metal VR to be but failed is exactly what VR chat, a free program, ended up being. Guy spent a literal fortune and got beat by a small group of VR enthusiasts.
It would be like losing a nascar race versus a homebuilt gocart
Meyek
That's what happens when you fire the innovation team and replace them with marketing goons.
WillWasThere
Pretty sure vr chat is under 50 employees, lmao.
Lefthandturnsignal
So who pocketed the rest of the 99.9 billion that obviously wasn't actually spent on this crap?
destruckt
100 bi is a lot. Don't think it's true
OldBikerDude