Facebook shutting down metaverse.
It’s fine to use your mountains of spare cash (and voting control) to try out new things. We’re all about innovation and expect it; you have to embrace lots of failure, giant failure.
The actual problem is then discarding all the people you hired to help you. It shucks the “with great valuations comes great responsibility” principle that big tech shits on. (Except, maybe Google and a little bit Microsoft?)
Also, once again, we show that VR/cyberspace is a solution that will never find its problem.