RIP The Metaverse: Only $73 Billion Wasted

All 5 users are said to be “devastated”

Where it all started (and ended)

The most over-hyped, completely nonsensical and unfeasible technology development in the past decade is finally being taken off of life support.

Yes, the Metaverse is dead.

Well, it was dead from the start, but now it’s official.

The company is shutting down Horizon Worlds on June 15th, the virtual reality social network for Quest VR headsets that was once the cornerstone of its Metaverse dreams. A technology on which Mark Zuckerberg once said “People will look back a decade from now and talk about the importance of the work being done here,” is now relegated to the history books and will go down as one of the most expensive flops ever.

And when I say expensive, I’m talking a reported $73 BILLION DOLLARS.

That’s a frankly outrageous sum of money burned to follow one man’s misguided obsession with a fad that was so obviously doomed from the second Facebook pivoted to Meta and demoed the “this will totally look like this in the future” launch videoback in late 2021. It fell flat from day one and never recovered.

Everything we saw from that point was a clusterfuck of dumb ideas, legless avatars, empty worlds, creepy behaviour, and awful attempts from brands…