[peterthehacker]

> we, “the old folks,” just don’t get it

Zuckerberg is 37 years old, so he’d probably be lumped into “the old folks” category. Why would he get it and not us?

I’m, a decade younger than Mark, so idk if I’m young enough by your standards to get it, but my sister and her friends are in college and think this is all a joke. None of them are interested in putting on VR goggles, let alone joining the “metaverse.” None of them had heard of it until Facebook’s name change.

The Metaverse is a top-down Wall Street sponsored hype cycle. It’s not a matter of “old folks” not getting it. It’s Zuckerberg’s attempt to distract Wall Street investors and consumers from Facebook’s growing problems.

[cromka]

> It’s Zuckerberg’s attempt to distract Wall Street investors and consumers from Facebook’s growing problems.

Those problems, at their recent peak, are that – recent. Yet I know, for a fact, they have been working on the new concept for very long now. I spoke to a FB insider about a year ago already and he, in very diluted way, described what we know as metaverse now.

[qorrect]

> Facebook’s growing problems

I'm out of the loop, what problems are they having ?

[jay_kyburz]

They ran out of humans to sign up to Facebook.

[parasubvert]

If you’re looking at the consumer gaming and social media space, then you’d get it.

People underestimate Zuckerberg’s ability to see socio-technical far in the future at their peril. He was ridiculed for making a MySpace competitor, for getting rid of Facebook Apps, for the look & feel changes, the ridiculous prices paid for Instagram and WhatsApp… and he was right each time (for growing his business and his customer base).

Where he has been wrong is in putting Facebook at the centre of his empire, when it’s increasingly a legacy platform for family members, old people and maladjusted conservatives. Metaverse corrects this by making Facebook just one of several properties.