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The Nation: “The sheer scale of the hype inflation came to light in May. In the same article, Insider revealed that Decentraland, arguably the largest and most relevant Metaverse platform, had only 38 active daily users. The Guardian reported that the <br />monetized content ecosystem in Meta's flagship product Horizon Worlds produced no more than $470 in revenue globally. Thirty-eight active users. Four hundred and seventy dollars. You're not reading those numbers wrong. To say that the Metaverse is dead is <br />an understatement. It was never alive.”

2023-07-03 23:56:02

counternotions

counternotions via TheWholeTruthXX 🎨 ❤️ 🍁 🛡️

counternotions@mastodon.social

Why you never heard the words “metaverse” or “VR” at WWDC23.

Metaverse market value predictions
McKinsey: $5 trillion
Citi: $13 trillion

Reality:
https://www.thenation.com/article/culture/metaverse-zuckerberg-pr-hype/

https://www.businessinsider.com/metaverse-dead-obituary-facebook-mark-zuckerberg-tech-fad-ai-chatgpt-2023-5

via @FrankPasquale
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