Meta lost $77bn on VR?

[alicemcalicepants@ohai.social]

Meta lost $77bn on VR? I guess it just didn't have legs.

[nickiquote@mstdn.social]

@alicemcalicepants Excellent work.

[alicemcalicepants@ohai.social]

@Nickiquote *takes a bow*

[satsuma@dice.camp]

@alicemcalicepants

[kimu@wandering.shop]

@alicemcalicepants 👏

[passenger@kolektiva.social]

@alicemcalicepants

This has me giggling. Beautiful wordplay.

[alicemcalicepants@ohai.social]

@passenger thank you 😌

[kevinrns@mstdn.social]

@alicemcalicepants

Eventually they will run out of everybody's money

[ggmcbg@mstdn.plus]

@alicemcalicepants

They hit a wall in development.

[iwillyeah@mastodon.ie]

@passenger @alicemcalicepants *whispers* can you tell me what's going on? I don't get it.

[differentdrummer@syzito.xyz]

@alicemcalicepants How many nurses etc
How many doctors etc
How many homes etc...

These evil cunts throw around sums on their fucking TOYS that would make life so much better for MILLIONS, and yet we permit them to live.

[alicemcalicepants@ohai.social]

@Iwillyeah @passenger it took them a long time to figure out how to give Metaverse avatars legs 😁 https://gizmodo.com/facebook-quest-world-legs-avatars-mark-zuckerberg-1850787409

[passenger@kolektiva.social]

@Iwillyeah @alicemcalicepants

*whisper back*

Alice is being extremely clever.

The original launch video for Facebook's Metaverse VR idea, the one that led to them renaming themselves Meta, featured people that only existed from the waist up because legs are hard to do in VR.

"It doesn't have legs" is a casual way of saying "the idea didn't work."

[passenger@kolektiva.social]

@Iwillyeah @alicemcalicepants

[iwillyeah@mastodon.ie]

@passenger @alicemcalicepants I seeeeee. Haha!

[csstrowbridge@mastodon.social]

@alicemcalicepants

I can't wait for the top-tier jokes that will happen when the AI bubble bursts and we will find out how many billions (trillions?) were wasted there.

[ghostonthehalfshell@masto.ai]

@alicemcalicepants

In what is dramatic about it is that the company suffered no investor anger over it.

Apparently, most of the money just disappeared, and they can’t explain where it went

[phil_stevens@mastodon.nz]

@alicemcalicepants You could do standup with material this good.

[superflippy@mastodon.xyz]

@alicemcalicepants On a serious note, I’m not surprised. My kid saved up his money to buy the headset, but when he wanted to buy a game, there was some issue with his account & he couldn’t purchase it. We tried for days to fix this stupid account problem but never did, so he could only play the free or demo games. He lost interest & Meta lost money.

[dalfen@mstdn.social]

@alicemcalicepants 😂