Over $100 billion in research and investment just to go “Nah, nevermind.”

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Capitalism is the most efficient system!!!
when will they realize the real crypto is in virtualized ai?!
The last of the old cargo cult is finally converting to the new one.
Good now maybe indie developers can actually do something interesting with VR and begin the process of rehabilitating the destroyed perception it has gotten with the public.
Actually when you put it that way, maybe Facebook can destroy all the hype around AI too!
There’s practically no moat right now for VR operating systems. Meta had the closest because of their studios. Wide open again for Valve and SteamOS/Linux
If anyone’s ever going to be able to crack the secret to widespread adoption of VR, I think it’ll be Valve.
There were over a thousand people working on it?
They were taking taking turns jacking off Zuckerberg (metaphorically of course … or perhaps …).
That doesn’t seem overly crazy to me. They were trying to quickly build out an immature platform of an immature technology. Doing that requires entire divisions for hardware, software, research, marketing, etc. and for each of those divisions there’s all the associated staff of managers, hr, administrators, etc.
Even then, I would think it would be in the low hundreds.
Also kinda crazy, I don’t think it says that it was 100% of their employees who were working on VR.
So it could be considerably more!




