WTF is "the Metaverse", how did it cost $80 billion, and why is it just 2^nd^ Life?

https://lemmy.world/post/44516401

WTF is "the Metaverse", how did it cost $80 billion, and why is it just 2^nd^ Life? - Lemmy.World

Lemmy

  • What is the Metaverse?
    • an online persistent 3D world with avatars tied to real identities, tied to VR hardware.
    • or, a failed project, since Meta is likely mothballing most of it.
  • How did it cost $80mil?
    • it was the first potentially big consumer of modern VR hardware, and was built up from scratch.
    • If Meta assigned 320 people to develop it and the supporting hardware and technologies, add in cost of hardware and after a year you’ve easily spent $80mil, even if you have nothing to show for it.
  • Why is it just 2nd Life?
    • because that’s the only bit they fully completed before cutting the funding firehose. Of course, it’s “2nd life IN VR!”, not just a simple re-do. Personally, I think they would have done better to base it on a Minecraft-like concept.
    • Remember that 2nd Life is really just a glorified MOO with graphical overlay. The Sims is really a similar concept too, as is Eve Online.