![]() ![]() "We believe VR devices will help usher in the next computing platform - becoming as ubiquitous as laptops and tablets are today - and that people will use them in their everyday lives to access the metaverse," Zuckerberg wrote in the announcement for the new Meta Quest Pro. He's betting the metaverse is the new frontier of the internet. "Our hope is that within the next decade, the metaverse will reach a billion people, host hundreds of billions of dollars of digital commerce, and support jobs for millions of creators and developers," Zuckerberg wrote in an October 2021 blog post. Meta announced Wednesday it's laying off 11,000 employees.īut CEO Mark Zuckerberg warned that these metaverse advancements wouldn't be seen for five to 10 years. So far this year, Meta has lost $9.4 billion betting on the metaverse, and shares of the company are down about 70% year to date. Investors have been particularly concerned about the amount of money the company is spending on its Reality Labs division, which built the new headset. Meta still needs VR developers who are looking to enhance the metaverse to buy the Pro and create more apps and use cases for the headset. Unfortunately, most of the apps on the device haven't been optimized for the new Pro, so it also doesn't feel ready for professional use, either. Personal Loans for 670 Credit Score or LowerĪt $1,500, it's far too expensive to be considered a consumer device for gaming. Personal Loans for 580 Credit Score or Lower ![]() Best Debt Consolidation Loans for Bad Credit ![]()
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