Meta CTO: 2025 Make or Break Year for Metaverse (msn.com) 18
Meta's metaverse ambitions face a decisive year in 2025, with Chief Technology Officer Andrew Bosworth warning employees that the project could become either "a legendary misadventure" or prove visionary, Business Insider is reporting, citing an internal memo. Bosworth called for increased sales and user engagement for Meta's mixed reality products, noting the company plans to launch several AI-powered wearable devices.
The tech giant's Reality Labs division, which develops virtual and augmented reality products, reported record revenue of $1.08 billion in the fourth quarter but posted its largest-ever quarterly loss of $4.97 billion. Meta CEO Mark Zuckerberg told staff the company's AI-powered smart glasses, which sold over 1 million units in 2024, marked a "great start" but would not significantly impact the business. The Reality Labs unit has accumulated losses of approximately $60 billion since 2020.
The tech giant's Reality Labs division, which develops virtual and augmented reality products, reported record revenue of $1.08 billion in the fourth quarter but posted its largest-ever quarterly loss of $4.97 billion. Meta CEO Mark Zuckerberg told staff the company's AI-powered smart glasses, which sold over 1 million units in 2024, marked a "great start" but would not significantly impact the business. The Reality Labs unit has accumulated losses of approximately $60 billion since 2020.
Facebook NPCs (Score:2)
Facebook full of NPCs.
I did that 20 years ago (Score:4, Interesting)
I started developing 3D content professionally in 2004 about a year after joining Second Life and we called ourselves "metaverse developers" back then. My company made $500k in 2007 at the peak of the hype cycle and petered out with the subprime crisis. I also founded the SL wiki, later hosted by wikia, now fandom.
https://www.secondlife.com/ [secondlife.com]
https://secondlife.fandom.com/... [fandom.com]
https://betatechnologies.info/ [betatechnologies.info]
Re: (Score:2)
AR is more compelling because it can be more useful to tag, query, and interact with data that relates to things in the real world rather than remain a glorified video game.
If you want us... (Score:3, Insightful)
Junk your current Metaverse. Sunk cost.
Make an open, open source, metaverse where people can REALLY be anonymous AND YOU DO NOT TRACK US, so people do not actively avoid your metaverse.
Make a cheap ( possibly subsidised ) VR device and get it out there, so people can come to that open metaverse.
Make it free and easy for developers and others to produce content for that metaverse, so people have something to keep them coming to that open metaverse.
Re: (Score:1)
Re: If you want us... (Score:1)
But when he was bowing to the previous administration it was fine, right?
I do not have ANY ... (Score:2)
... interest in a metaverse by Meta. I'd rather shack up with Cowboy Neal if I had to.
Break (Score:3)
Can we just skip to the conclusion already? It's not make. Nobody wants to use this. It's break.
The hardware is awesome but facebook horizon and metaverse just doesn't make any sense and even if they fix it into something that makes sense the reputation would take years to recover.
Re: (Score:1)
This has had far too many delays. If you start designing hardware when an idea is hot, your hardware is obsolete by the time ready. I rekmember the 'big thinker' who tried to make a 'super pc' out of 2 '286s. It's super hard, and they're too slow, so the project tanked. So will this.
Be left with the e-waste (Score:4, Insightful)
Saying this is a make-or-break year for something normally means it's a "last chance", doesn't it?
So if meta is planning to introduce several wearable AR devices this year, and if the the whole metaverse thing doesn't pan out, what happens in 2026? Do those consumers who ponied up for the new gear find themselves with paperweights a year later?
Re: (Score:3)
I vote 'Break'. Anyone else? (Score:4, Insightful)
VR may or may not have a future. AR may or may not have a future. This version of the 'Metaverse' though? I don't see it.
Re: (Score:2)
Metaverse? (Score:3)
They're still going on about this stupid shit?
Bye (Score:3)
Meta CTO: 2025 Make or Break Year for Metaverse (msn.com)
Who would miss it, or Facebook for hat matter?
A make or break year for Meta? (Score:2)
Let me cheer them on...
Break! Break! Break!
Seems obvious (Score:2)
Is the metaverse "a legendary misadventure" or visionary? How many of us answered that question when Meta first announced their name change from Facebook? Raise your hands.
I thought so.