Meta Reportedly Unhappy With How Much Money Its VR Division Burns
Meta Reportedly Unhappy With How Much Money Its VR Division Burns
Meta reportedly told its VR/AR teams to cut spending by a fifth, but the team is still expected to pump out Quest Headsets and AR glasses.
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Maybe you shouldn't have made it so shit
Listen pal - Do you know how hard it is to make legs for a wii-like avatar?! We need another 8 billion.
They're called miis 😤
Hello, I am a friendly ghost coming to attend your serious business meeting in the Metaverse. Did you know that this is going to be a massive industry? Buy your Metaverse real estate now, it's definitely not a fake digital asset that Facebook can create and delete at will.
Cutting spending by 20% while not reducing output will definitely accomplish that, too!
The tech in general just isn't good enough to do that much more. It's like having a coal powered steam engine and then saying you'll build a formula 1 car with it. They thought that with throwing enough money at the wall, a few breakthroughs in tech would fall out, but it doesn't work like that. If you're very lucky you hit one breakthrough, but they needed a few.
Sounds like the intial pitch probably went something like this, except they weren't realistic about the timeline.
Can't watch the clip in my country, but it's a common enough theme with tech bros. Theranos also comes to mind.
Maybe you shouldn't have made it
so shit