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 I think this is a terrible framework to assess the “metaverse”. Zoom calls are just flat but have the same social gathering as will the spatial multiverse in the future. I called Decentraland’s premise as hype from the get go and i believe any walled garden that doesn’t allow interoperability is going to have to be spectacular or be in hot water. That said VRchat has done well. Also check out Spatial.io super useful WebXR metaverse