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re: Here how much Meta is spending on Reality Labs & it is unfathomable/unprecedented in scale

Posted on 11/1/22 at 10:42 am to
Posted by lsu13lsu
Member since Jan 2008
11767 posts
Posted on 11/1/22 at 10:42 am to
Whether people like it or not, the metaverse is where the internet is going. Will it be called Metaverse? I doubt it. It is similar to people saying e-commerce or m-commerce originally. No one says that anymore...it is just the internet. It'll probably just be the internet in the future but that future is what Zuck is creating.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35887 posts
Posted on 11/1/22 at 10:45 am to
quote:

If he’s right, then it changed the world.


There seems to be a growing sentiment that that version of the world is not one people want to be a part of. Similar to his "right bet" on social media in the first place and the world it lead to.

Wall-E nailed what that metaverse world would look like...

Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
467070 posts
Posted on 11/1/22 at 10:45 am to
quote:

I don't think they are in the business of R&D their own chips, they are completely reliant on what industry produces for them. If they were building something of their own, they would have hired some big name from Nvidia, Intel etc..

We don't know what they are doing and with the money they're spending, they can have an entire chip division within this R/D.

I think the applications Zuck thinks Reality Labs will work on in 2022 are not going to ultimately be the applications where this is profitable, but the tech will be able to be used in ways we just aren't conceptualizing today. The question is if Meta will be the ones benefiting from this tech (they have to survive long enough to trip down the hole that will save the tech).
Posted by gaetti15
AK
Member since Apr 2013
14813 posts
Posted on 11/1/22 at 11:01 am to
can't wait for Ready Player One to come to fruition!

Columbus OH going to be legit!!!
Posted by lsu13lsu
Member since Jan 2008
11767 posts
Posted on 11/1/22 at 11:08 am to
quote:

The question is if Meta will be the ones benefiting from this tech (they have to survive long enough to trip down the hole that will save the tech)


Exactly. The tech is going towards the Metaverse. Will Meta be one of the winners is the question.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
467070 posts
Posted on 11/1/22 at 11:09 am to
I see the lowest-hanging fruit of applications for this tech being military-based.

The combination of drones, advanced satellites, and VR would be a decisive advantage (and save countless soldiers' lives). It would also permit real time updates for command 1,000 miles away to make better decisions in the heat of battle.
Posted by GFunk
Denham Springs
Member since Feb 2011
14970 posts
Posted on 11/1/22 at 10:48 pm to
And because the only metrics you can see with the naked eye of the investor class are abysmal and/or completely unknown and/or look like 1.87 times better than The Oregon Trail, his stock is getting beaten to a pulp.

His flat flooted responses and public admissions about TikTok and others catch him off guard feeds into that beating as it appears he’s not paying attention to the business that’s bankrolling his bet using other people’s money.

The market saw the vision of Jeff Bezos pouring cash back into his business.
You could see what he was building towards. With Zuck, you can’t see any usable product that’s a “leap,” in tech, and for the record, if Meta were building chips, the supply chain for the raw materials would show those efforts plainly.

You don’t see it. Because they aren’t. So they’ll always be constrained by the current tech that others build for them.

I think Zuck’s in big trouble.
Posted by thelawnwranglers
Member since Sep 2007
42058 posts
Posted on 11/1/22 at 11:06 pm to
quote:

the metaverse is where the internet is going.


What's the use case?
Posted by Jag_Warrior
Virginia
Member since May 2015
4292 posts
Posted on 11/2/22 at 12:13 am to
quote:

I see the lowest-hanging fruit of applications for this tech being military-based.

The combination of drones, advanced satellites, and VR would be a decisive advantage (and save countless soldiers' lives). It would also permit real time updates for command 1,000 miles away to make better decisions in the heat of battle.


I agree with you that that is probably one of the more promising (and profitable) applications. I remembered this article from last year. Later articles suggested that soldiers had difficulties with the devices during initial testing, but the military brass seemed willing to continue support and development.

Microsoft gets contract worth up to $22 billion to outfit US Army with 120,000 AR headsets

I guess my question would be whether Meta will be able to compete against a company (or companies) that has much more experience in the software and hardware fields? I don’t expect Apple to move toward military applications (under Cook, anyway), but I’m not sure that these sorts of applications are in Meta’s (or Zuckerberg’s) wheelhouse. But as time goes on, we’ll see.
Posted by Gabapentin
Member since Mar 2022
374 posts
Posted on 11/2/22 at 4:30 am to
(no message)
This post was edited on 1/6/23 at 9:58 pm
Posted by Auburn1968
NYC
Member since Mar 2019
25212 posts
Posted on 11/14/22 at 11:00 am to
Zuck was taken by the idea of VR and thought it's insoluble problems could be overcome with a whole lot of money. It can't because seeing the world on little screens an inch or two from the eyes quickly become a real pain and there is no way around that.

Rich overconfidence and a newbie knowledge of the field of VR has lead him to a colossal blunder. There were other alternatives, that didn't include crappy graphics and eye strain.
Posted by Cdawg
TigerFred's Living Room
Member since Sep 2003
61628 posts
Posted on 11/14/22 at 11:39 am to
quote:

The world is turned off by this dystopian version of the future that Zuck is selling.

Not Asians.
Posted by UltimaParadox
North Carolina
Member since Nov 2008
51572 posts
Posted on 11/14/22 at 11:44 am to
quote:

Not Asians.




I guess India supposedly has the most facebook users. Japan/Korea/China don't use their products at all
Posted by Cdawg
TigerFred's Living Room
Member since Sep 2003
61628 posts
Posted on 11/14/22 at 12:36 pm to


I was referencing metaverse, not facebook.
Posted by UltimaParadox
North Carolina
Member since Nov 2008
51572 posts
Posted on 11/14/22 at 1:16 pm to
quote:

I was referencing metaverse, not facebook.


You think a large number of people in Asia are using the metaverse? Numbers say no one is using it
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