Zuckerberg Will Continue Metaverse Plans, With or Without Employees

Zuckerberg Will Continue Metaverse Plans: He said, "skepticism doesn't bother me that much

Zuckerberg Will Continue Metaverse Plans: Mark Zuckerberg, CEO of Meta, said, "skepticism doesn't bother me that much." He said that he is still optimistic about the metaverse. He said he has a vision of "5 to 10 years Horizon" during Wednesday's New York Times DealBook Summit. Mark Zuckerberg's decision to rebrand Facebook to Meta became the buzzword for the popularity of the metaverse worldwide. He said that the company is doubling down on the bet on an augmented and virtual reality-dominated future and accepted that it had received much criticism for losing billions in building its version of the metaverse. He admitted that the company needs to operate with more discipline and efficiency in the coming future due to macroeconomic laws that forced Meta to scale back on spending.

Meta Metaverse plans

In 2021, Facebook announced to invest US$10 Billion in building metaverse and changed the company's name to Meta. The platform would allow users to communicate with friends, families, or colleagues using their digital avatars. Experts have anticipated that the metaverse will penetrate through many market spaces and industries as there will be a build-up of industries in the future. The revenue will be increasing incessantly. Meta was the first to take the initiative but nowadays, experts think that Meta will ruin the metaverse for everyone. Facebook says it wants to help fix misinformation running rampant across the internet — a problem it may have helped create in the first place.

Meta's reality labs focus on developing and researching metaverse-related projects includes three broad technologies, augmented reality, virtual reality, and social media platforms.

Zuckerberg mentioned that Meta is utilizing 80% of its time to develop the company's legacy social media suite of applications, including WhatsApp, Facebook, and Instagram, with several others. The rest, 20% of the time, is utilized in developing software and hardware for the metaverse. The billionaire CEO also mentioned that he is not disturbed by the criticism the company faces in investing hugely in metaverse development and said, "skepticism doesn't bother me too much." He further added, "we had doubters the whole time."

Meta Horizon World

When Meta Quest 2 first came out two years ago, most people spent their time in VR alone. The majority of time is now spent on multiplayer and social apps.

Now, Facebook Meta has announced the development of Meta Horizon Worlds in the web's metaverse segment, so you can ultimately pick up your phone or laptop and visit pals who are hanging out in VR, and vice versa. We also revealed new social ideas we're developing with the YouTube VR team. If you're in Meta Horizon Home with pals, you'll soon be able to view YouTube videos together.

Facebook Meta revealed their new generation of Meta Avatars for the metaverse, which will be more expressive and detailed as well as full-body avatars in VR, which will begin in Meta Horizon Worlds. Aside from VR, the Facebook Meta is introducing avatars to video chat, beginning with Messenger and WhatsApp, to allow you to express yourself and react without turning on your camera.

No matter what happens, Mark Zuckerberg will continue Metaverse plans, with or without employees.