Facebook Renames to Meta https://about.facebook.com/meta/ | Hack For Hackers

Facebook Renames to Meta

https://about.facebook.com/meta/

If there is going to be a metaverse, I'm not sure I want Facebook to own it. It's like a bad sci-fi pulp story.
I'm confident I don't want them to own it - or for it to be owned by a single party of any kind, for that matter.

> Given their investment and research, I wonder if they should open it all up (even if contradictory to short-term gains in ad revenue) so it has a chance to grow?

I mean, that would be nice for users, but:

a) I don't think Facebook is constitutionally* able to give up ad revenue gains: what they do is maximize ad revenue, basically

b) I strongly suspect they have other means at their disposal to maximize growth. After all, every FB-IG-WA user is a Meta user now, right? How much would it cost to just send every one of them an Oculus headset for free?

And if that sounds insane, consider that this announcement is basically saying "we're betting our entire brand on this particular future" - I suspect they'll do everything in their power to make that bet succeed (or appear to succeed).

* in the sense of "this is the fundamental basis and goal of the company," not in a U.S.-founding-document sense

What about you reply