HeavenlyPossumMar 18

Mark Zuckerberg directed the investment of something like $70-80 billion into his “VR metaverse,” which is now shutting down on 15 June.

I have been assured that capitalist ownership is warranted because capitalists take risks and because they make important decisions about capital allocation.

Show threadStarraven

@HeavenlyPossum

And there were all those businesses that shelled out to have a permanent presence in the Metaverse. They'd be ticked if they couldn't write it off.

I never so much as logged in. Never saw it.

Mar 18 at 11:04pmWeb
Show threadFluffy Kitty CatMar 22
@starraven @HeavenlyPossum the fact people bought virtual real estate is insane. Completely. The whole point is that it's non scarce! Capitalism really can't really handle how information technology has made some things non scarce