From Facebook to Meta: Zuckerberg's Big Bet—The Future

WSJ Tech News Briefing

The Wall Street Journal

Tech News, News

4.3 • 1.7K Ratings

🗓️ 18 May 2024

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

Since Facebook became Meta in 2021, the company has invested billions of dollars to develop the metaverse to where it is today. But the competitive landscape is changing as companies like Apple come out with their own headsets. Plus, artificial intelligence is becoming a more important part of Meta’s business. What could this mean for Meta’s goal of creating a mature metaverse? And what will that mean for the company? Join host Alex Ossola on this final installment of our series to see how the metaverse could evolve in the future. Sign up for the WSJ's free Technology newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	You know, finding your best summer shouldn't be so hard.
0:04.0	Scan your next Coca-Cola Zero Sugar and play for a chance to grab your pass to summer's biggest events,
0:09.1	including music festivals, the Away for Euro 2024 and the Olympic Games Paris 2024.
0:14.0	G.B. 18-plus only, promotion ends 19th of May.
0:16.0	For full season sees, visit coke.k.k.
0:18.0	UK slash app slash summer 2024.
0:20.0	There's only so much you can learn about the Metaverse from talking about it.
0:24.4	Eventually, people say, you've got to see it for yourself.
0:27.8	Like Rottie Stoycelevich, a former meta employee who worked in a division of Meta's reality labs building VR games.
0:35.8	This is one of those pieces of technology where seeing it doesn't help you.
0:40.1	You need to try it.
0:41.8	And even Meta CEO Mark Zuckerberg in the 2021 announcement
0:45.2	launching the Metaverse.
0:47.2	The best way to understand the Metaverse
0:49.0	is to experience it yourself.
0:51.4	So I tried it using Meta's Quest 3 headset. I had never really used a VR
0:56.2	headset before so let me tell you I was really starting from zero.
1:00.1	Why is it so blurry? It's so blurry. I can't tell if it needs to be closer to my face or farther from my face.
1:09.0	I even got a tour of Horizon Worlds, Meta's flagship Metiverse offering to get a sense of what that was all about.
1:16.0	I don't really know where I'm going. There's a tree though. But I figured out how to control it and got
1:21.1	my sea legs, sort of.
1:23.0	Hang on one second.
	...

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