Meta is a Scam: Facebook's Collapse is the Real Deal
Fri Feb 4, 2022 Daniel Greenfield 5 comments
https://www.frontpagemag.com/point/2022/...iel-greenfield/



Of all the Big Tech giants, Facebook is the most vulnerable. Amazon and Google have built powerful monopolies. Apple's branded overpriced hardware still has a lock on the hearts and minds of people with limited experience and liking for computer technology. Netflix has thrown so many billions at content creation that no one can compete.

Facebook however was a stroke of luck, a social networking site that became a platform and gobbled up enough apps to become dominant in its space. But the only 'lock' Facebook has on its users is their social network. And there's not all that much keeping people from leaving.

Mark Zuckerberg has played a weak hand as well as he could, but Facebook is ultimately doomed and he knows it.

Meta was a too obvious distraction from Facebook's user growth and political problems. It was bound to impress and upset the sorts of people who would never use it. When Zuckerberg first dived into virtual reality taking over Oculus, the results were moderately succesful. Facebook helped kickstart a very limited VR trend (some 8 million devices have been sold last year, which sounds like a lot, but is basically a drop in the ocean.) Meta was even sillier. It was Second Life (which is still around) made even dumber with VR headsets.

One day the metaverse may arrive, but it isn't arriving now. The technology isn't ready and may never be. -- excerpt, rest at link above --

Interest In NFTs And The Metaverse Is Falling Fast
Paul Tassi
https://www.forbes.com/sites/paultassi/2...rbesMainTwitter
Have you been seeing less NFT chatter around the internet lately? Hearing a bit less about the metaverse? Well, you’re not alone.

Despite an initial surge in usage of the buzzwords, interest in both concepts appears to be sharply declining, at least according to Google search trends, which have been seeing deep downward turns for both terms.

In the gaming space, where I operate, almost every major publisher seems to have been scared straight on NFTs after being lambasted by fans every time they are brought up, and those have become relegated mainly to purely blockchain based games outside the rest of the industry. As for the metaverse, the term has been repeated so much and so often it’s become almost meaningless, these days most often cited regarding blockchain-based shared worlds that have concurrent player averages outside the top 200-300 games on Steam at any given time.



From the chart, you can see that interest in the metaverse as a term hit its peak when Facebook changed its name to Meta and started evangelizing about the digital future. But since then, the term has seen a decline in relevance as Facebook has not presented a coherent vision for the concept, nor have any of its blockchain-based competitors. Video games, many of which are already metaverse-adjacent, don’t really seem to care to call themselves that at all, even if games like Fortnite and Roblox are further down this road than anyone.-- excerpt, rest at link above --