• Alphane Moon@lemmy.worldOPM
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    3 hours ago

    Market cap is one thing. It’s not like they have $3.2 trillion in cash. I understand that they don’t want to potentially miss out, but they have to expect a return and have at least modicum accountability on such initiatives. Moreso that Microsoft management doesn’t have a dual layer share structure like Zuck that essentially enables them to not be responsible to shareholders.

    Have you read about some of the internal discussions on metaverse in FB? They didn’t want to use their own products for meetings because it was a hassle and it was easier to just do a video/audio conference call.

    They’ve spent over $46 billion on metaverse initiatives - can you point to any promising products or viable use cases that have come out of this initiative? Surely there has to be something, I understand it takes time, but after 3 years and $46 billion, I don’t think it’s unreasonable to have something to show.