Meta is killing off the metaverse. It lost $80 billion

https://lemmy.ml/post/44722370

Meta is killing off the metaverse. It lost $80 billion - Lemmy

Lemmy

it’ll cost 16,000 jobs
wonder when software devs will get serious about unionizing

this will never happen in the current landscape; it’s controlled by libertarian & neoliberal people who detest collectivism in all of its forms.

and toxically so, my psychological well being has improve dramatically ever since leaving the field.

I really think it’ll depend on how bad the employment situation gets. At some point people are going to start realizing they’re not temporarily inconvenienced billionaires, and that their interests aren’t aligned with the oligarchs. Software devs have been largely insulated from general economic problems until recently. Getting a job has been relatively easy, the pay was way above what most people make, and that fed individualistic behavior. Now that jobs are becoming scarce, and there’s a huge pool of laid off workers, people are starting to get concerned.

At some point people are going to start realizing they’re not temporarily inconvenienced billionaires

Hahaha, so accurate. The psychological poisoning seems so effective on many levels, like those on welfare voting against their own interests as they know they’re just one lottery ticket or get rich quick scam away from financial freedom. Or the billionaires that think they’re one harebrained scheme away from becoming a god-king.

it’s like capitalism just turns the whole of society into one giant casino