▲ 104 ▼ Facebook shutting down its Horizon Worlds VR Metaverse (pivot-to-ai.com) submitted 6 months ago by dgerard@awful.systems [M] to c/techtakes@awful.systems 22 comments fedilink hide all child comments the Metaverse just didn’t have legs https://www.youtube.com/watch?v=f4Hm95rQYpM&list=UU9rJrMVgcXTfa8xuMnbhAEA - video https://pivottoai.libsyn.com/20260318-facebook-shutting-down-horizon-worlds-vr - podcast time: 6 min 29 sec
[–] OwOarchist@pawb.social 11 points 6 months ago (3 children) Imagine how much money was spent on this... permalink fedilink source hideshow 3 child comments replies: [–] Zozano@aussie.zone 16 points 6 months ago (2 children) You don't have to! The answer is $77 billion USD! permalink fedilink source parent hideshow 2 child comments replies: [–] fake@sh.itjust.works 4 points 6 months ago (1 child) Fucking how!?!???? permalink fedilink source parent hideshow 1 child comment replies: [–] Zozano@aussie.zone 6 points 6 months ago* (last edited 6 months ago) Because the amount of money that billionaires have is not proportional to the true value of that money. It is literally impossible for Elon Musk to spend all of his money without fucking up the entire global economic system, unless every country perfectly predicts and accommodates for a massive inflation event. Money is not Money in the way it used to be. The value has been stretched to such a silly proportion, that when Meta burns $77 billion, they just keep on going. They just write it off. It's fucking ridiculous that human value is not even represented by currency. All of this shit is fucking phantom money, it's a concept in numbers, nothing more. If you earn $15/h, it would take you 7 million years to reach the same wealth as these dickheads who don't look at you as anything other than a digit on a spreadsheet. It's sickening. And if you're not fucking pissed, you should be. permalink fedilink source parent
[–] Zozano@aussie.zone 16 points 6 months ago (2 children) You don't have to! The answer is $77 billion USD! permalink fedilink source parent hideshow 2 child comments replies: [–] fake@sh.itjust.works 4 points 6 months ago (1 child) Fucking how!?!???? permalink fedilink source parent hideshow 1 child comment replies: [–] Zozano@aussie.zone 6 points 6 months ago* (last edited 6 months ago) Because the amount of money that billionaires have is not proportional to the true value of that money. It is literally impossible for Elon Musk to spend all of his money without fucking up the entire global economic system, unless every country perfectly predicts and accommodates for a massive inflation event. Money is not Money in the way it used to be. The value has been stretched to such a silly proportion, that when Meta burns $77 billion, they just keep on going. They just write it off. It's fucking ridiculous that human value is not even represented by currency. All of this shit is fucking phantom money, it's a concept in numbers, nothing more. If you earn $15/h, it would take you 7 million years to reach the same wealth as these dickheads who don't look at you as anything other than a digit on a spreadsheet. It's sickening. And if you're not fucking pissed, you should be. permalink fedilink source parent
[–] fake@sh.itjust.works 4 points 6 months ago (1 child) Fucking how!?!???? permalink fedilink source parent hideshow 1 child comment replies: [–] Zozano@aussie.zone 6 points 6 months ago* (last edited 6 months ago) Because the amount of money that billionaires have is not proportional to the true value of that money. It is literally impossible for Elon Musk to spend all of his money without fucking up the entire global economic system, unless every country perfectly predicts and accommodates for a massive inflation event. Money is not Money in the way it used to be. The value has been stretched to such a silly proportion, that when Meta burns $77 billion, they just keep on going. They just write it off. It's fucking ridiculous that human value is not even represented by currency. All of this shit is fucking phantom money, it's a concept in numbers, nothing more. If you earn $15/h, it would take you 7 million years to reach the same wealth as these dickheads who don't look at you as anything other than a digit on a spreadsheet. It's sickening. And if you're not fucking pissed, you should be. permalink fedilink source parent
[–] Zozano@aussie.zone 6 points 6 months ago* (last edited 6 months ago) Because the amount of money that billionaires have is not proportional to the true value of that money. It is literally impossible for Elon Musk to spend all of his money without fucking up the entire global economic system, unless every country perfectly predicts and accommodates for a massive inflation event. Money is not Money in the way it used to be. The value has been stretched to such a silly proportion, that when Meta burns $77 billion, they just keep on going. They just write it off. It's fucking ridiculous that human value is not even represented by currency. All of this shit is fucking phantom money, it's a concept in numbers, nothing more. If you earn $15/h, it would take you 7 million years to reach the same wealth as these dickheads who don't look at you as anything other than a digit on a spreadsheet. It's sickening. And if you're not fucking pissed, you should be. permalink fedilink source parent