Facebook Hires 10,000 In EU To Build "The Metaverse"
Facebook Hires 10,000 In EU To Build "The Metaverse"
BY TYLER DURDEN TUESDAY, OCT 19, 2021 - 05:45 AM
Facebook CEO Mark
Zuckerberg isn't going to let the threat of higher taxes or the growing
international backlash against his business stop him from pushing ahead with
his hopes that Facebook still manages to dominate 'the metaverse' - the virtual
world where headsets will allow people to immerse themselves into a Matrix-like
world.
Some believe that NFTs
and other "virtual" items will be able to be displayed in the
metaverse. And according to Reuters, Facebook plans to hire 10K people in the
EU to get to work on the Facebook metaverse, in the hopes that Roblox,
Microsoft or other "metaverse" companies don't beat Facebook to the
punch. Zuck has been talking about the metaverse since July (some have
speculated that it has been an attempt to help fix the company's reputation
(now Facebook is facing another major scandal via the "Facebook
leaks").
"No one company will own and operate the metaverse,"
Nick Clegg, Facebook's vice president of global affairs, wrote in a blog post.
"Bringing this to life will take collaboration and cooperation across
companies, developers, creators and policymakers."
Zuckerberg and others
have insisted that the COVID-inspired acceleration of the shift to Zoom and
other online services, allowing offices to shift to a pattern of work that is
completely remote. This also could have an impact on how we interact in our
free time.
Zuckerberg believes
the metaverse would be accessible across VR, mobile, PCs and even gaming
consoles, among other venues, according to Reuters.
While Facebook did not
say what roles it would hire for and where exactly they would be based,
Facebook has been facing antitrust investigations in the EU by the Continent's
top anittrust regulators. The recent leaks have raised criticisms of Facebook's
handling of sex trafficking and other abuses on its platforms.
FB has already
committed $50MM for building the metaverse, and testing a new remote work app
where users of Oculus Quest 2 headsets could hold meetings via avatar versions
of themselves.
The big question is"will the metaverse be another 'Libra' (Zuckerberg's attempt to try and control the money supply that went horribly awry?) or something new and actually useful from Facebook?
https://www.zerohedge.com/technology/facebook-hires-10000-eu-build-metaverse
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