Home » Xbox Chief Phil Spencer Scoffs At The Metaverse Calling It A Poorly Built Video Game

Xbox Chief Phil Spencer Scoffs At The Metaverse Calling It A Poorly Built Video Game

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Virtual and augmented reality have many uses in entertainment, education, business, etc., provided they are implemented correctly and the technology behind them continues to develop. To this end, Meta (formerly Facebook) appears to be pushing its progress with the Metaverse, which, given the already established competition and ongoing projects, is a “poorly constructed Just a silly errand with “video games”?

Earlier this week, tech leaders from the industry came together at the Wall Street Journal’s Tech Live event in Laguna Beach, California.At the event, interviewers asked some about their views on Mark Zuckerberg’s Metaverse, provided some interesting perspectives on the burgeoning VR technology. Microsoft Gaming CEO Phil Spencer described the current state of the metaverse as “a poorly constructed video game.” He went on to explain that when thinking of video games, “We’ve been gathering people into his 3D space to save the world from an alien invasion or conquer a castle.” We found it not where we wanted to spend most of our time. ”

Of course, this is not a perfect analogy. Horizon World TitleHowever, Spencer isn’t entirely wrong in that nothing seems more appealing than directly joining a virtual 3D conference room or making a Zoom call, but the following: Let me know what you think about this in the comments. Furthermore, when it comes to the gaming aspect, games like VRChat have been around for over 5 years and have had his community of healthy players all that time.

vrchat steam pics
VRChat enables various features that effectively beat Horizon Worlds (source: vapor)

Another interesting observation comes from Palmer Luckey, founder of Oculus VR and creator of the Oculus Rift. Palmer Luckey’s company was later acquired by his Facebook. In other words, he likened Zuckerberg’s metaverse foray into VR to a “project car.” This car is probably more expensive for Zuckerberg than others around him, but it will make more sense to Zuckerberg. He also specifically stated that the project isn’t in good shape right now, as most people tend to agree. Yes, but Meta is a multi-billion dollar publicly traded company.

MarketWatch Meta Stocks
At the time of writing, Meta shares are trading below $100 (Courtesy of market watch)

In theory Meta should have the resources and the ability to do some amazing things in its first reveal, but why is this ‘project car’ methodology this way? Either way, what Meta is doing doesn’t seem to be working in their favor.? lost about $700 billion Value from a peak of about $1 trillion. Over the past year, the stock has fallen 69% from about $330 a share to just under $100 in the last few days.

After all, Meta is fully in the Metaverse. From the outside, the Metaverse looks like a cash furnace. However, progress and development come with pain. So for those who are hopeful about the future of virtual and augmented reality, this could be a push in the right direction, no matter what happens to Zuckerberg’s company. or the project will collapse. Either way, you’ll have learned a lot. Only the amount of time and the amount of cash that has been ignited in the matter will be known now.

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