Why you never heard the words “metaverse” or “VR” at WWDC23.

Metaverse market value predictions
McKinsey: $5 trillion
Citi: $13 trillion

Reality:
https://www.thenation.com/article/culture/metaverse-zuckerberg-pr-hype/

https://www.businessinsider.com/metaverse-dead-obituary-facebook-mark-zuckerberg-tech-fad-ai-chatgpt-2023-5

via @FrankPasquale

Lessons From the Catastrophic Failure of the Metaverse

Did the “creative class” learn anything from buying into a product that was obviously destined to flop?

The Nation

@counternotions @FrankPasquale https://www.youtube.com/watch?v=EiZhdpLXZ8Q this glorious takedown of the whole premise really hit home for me months ago.

I like VR, i bought two devices and i use it daily at work, but the *metaverse*? like talking to people there and worse, buying stuff? no thank you, it's a terrible idea, but i just didn't know how terrible until i saw that.

The Future is a Dead Mall - Decentraland and the Metaverse

YouTube
@tshirtman @counternotions @FrankPasquale That's a wonderful explanation of the "MetaVerse" and its hype. The credulity of journalists, exemplified in the Decentralland Fashion Show, is something to behold, but also ties nicely with his NFT/crypto video https://youtu.be/YQ_xWvX1n9g.
Line Goes Up – The Problem With NFTs

YouTube