Brendan SinclairNew Unlosing Writer post: Meta has lost more than $59 billion on AR/VR since 2020. What else could Mark Zuckerberg have put that money towards instead? Here's a (non-comprehensive) list.
Meta's money well spent
Meta continues to burn money on the metaverse like it's going out of style, even though by all accounts it has been entirely out of style for some time now. The company lost another $4.4 billion on its Reality Labs AR/VR division in the last quarter, the company