Metaverse

“We did. It was still a year when the topics of the day were crypto and metaverse. So, twenty-twenty-two was still a year where, like, everybody was obsessed about those two. So, it was a perfect time because we could actually focus and build on a lot on the AI…”

“I think that the metaverse is starting to happen and I think it's going to happen and it's going to be As big as Zuck thought, and it's just not going to happen inside of an immersive game goggle that is painful and hot to wear on your head, even if the form f…”

“And I think, and also think just once the unlock happens for consumer agentic AI, what's that gonna be? That's the metaverse, right? When we have Avatars that are roaming the world while we're not there and networking and finding us dates and jobs and new ways…”

“I didn't believe that just creating these infinite three D worlds is enough. You had to fill the worlds with life for humans to actually want to be there. If you just go to like, I don't know, the desert, it's just empty. Who cares? But if you go to a city, it…”

“It's a very kind of, it's a slightly kind of fuzzy term. It's a little bit like saying metaverse. You know, you don't really know what somebody meant when they might've meant VR or VR is real. They might've meant games. Games are real. But when they said metav…”

“We're not investing in in, in virtual reality or in, in the metaverse, unless there's a clear path to being able to deliver results for shareholders.”

“I do think that they have a very a big problem with focus when it comes to new things coming out, right? Even just look at the fact that they renamed the company Meta. They reoriented around the metaverse.”

“I'm actually really, really excited by metaverse. I know so many people are kind of still like it's still not working. I know it's still not working. That's why I'm excited because I think the convergence of hardware and software will be coming. So that's also…”

“When I think about the time they shifted from Facebook to Meta, the entire VR, the entire Metaverse was a lot of his driving force behind it. It's incredible how much, you know, energy this person has to kind of make those kind of company-wide chains.”

“A lot of what we're waiting for metaverse or XR AR, VR is content creation. I understand hardware itself needs to continue to evolve, but I also think software we're looking for content creation and that lends itself so naturally to three D modeling and three …”

“Today we're partnered with this company called Metaverse, And so what they allow is you can very easily build AR experiences. And so we provide them with a database of content that allows their users to like more readily build these type of experiences.”

“Like if I was starting a seven year career now, I would probably want to start as like, AI creator or a Metaverse creator, because in six years, you are going to be at the right place at the right time.”

“Overconfidence will make you invest way too much money in, I don't know, like the metaverse, for example, or the fire phone, or your pet project. Overconfident successful leaders will have a very strong tendency To take their organizations in bad directions, w…”

“That's actually not what happened. They didn't cut spend at all. They, in fact, increased spend on the metaverse. I mean, they are not taking their foot off the gas pedal there, and they've just tried to trim elsewhere within the company.”

“The thing that you can do in the metaverse that is different from what you can do on a phone is like doing stuff where you're physically there together and Participating in things together, and we could play games like this.”

“Obviously metaverse is dead which is good because it's a meaningless term and no one knows what anybody else might.”

“Sometimes it's a little bit gimmicky, you know, like here are 10 apps that you can use to harness the power of generative AI to You know, boost your business or whatever. And I'm like, I don't know if I want to post that as a little gimmicky, but I got metaver…”

“Because the metaverse, obviously, is a complete waste.”

“I believed in this idea of a digital parallel world that exists alongside our own, blending the real and the virtual seamlessly through your daily life as something that is if not inevitable, at least very, very likely to be the last form of computing, aside f…”

“Honestly, my bet is that a smaller player will Figure it out first, just because there's so many different approaches and it's very hard as a large company to pick one approach that will out-compete every one of the myriad of other approaches that are all comi…”

“They can't say it's only for gamers or it's specifically for these niche enterprise use cases and then spend thirteen billion dollars because it just doesn't spreadsheet out. It only works as an investment if you believe in this long-term vision of the metaver…”

“I just think it's early and you've got this thing in front of you. That's so clearly here that I think you could, they could still be the first by a long shot to the metaverse by waiting five more years.”

“Apple's biggest advantage is they have a hardware device. Zuck just needs to make, if he has to ensure the next 20, 20, 20, 25 years, he needs to get hardware right and his big bet is Oculus or the metaverse, which is it's going to be a thing where we all sit …”

“My concept of metaverse is something that already existed in different form and shape. The technology allow us to have a different configuration of the metaverse. But for me, metaverse is an ecosystem. It could be a physical or digital that create a complex se…”

“This is the closest thing to the metaverse that already exists that I've seen.”

“I think as compute gets more efficient, it definitely is a greener solution, right? If the applicability is around, let's say, commute, shopping, meetings, interactions, it is, I don't know if it's the answer, but it's definitely far better in terms of reducin…”

“Yeah, I think metaverse is definitely the future. Some of the most important things will go there and, you know, we'll, we'll probably become less human because the friction to actually meet somebody in person will be much higher.”

“I think these experiences will get utilitarian, these experiences will help with conveniences, these experiences Will help with healthcare, financial services, travel, experiencing, you know, even an F-one race or an IPL cricket game if you can't travel. But a…”

“That's kind of like how the metaverse is gonna happen. We're gonna be able to like walk around and generated three D worlds in VR, and they're all gonna be built Much more quickly than maybe we expected a few years ago.”

“You're gonna see things like that popping up on, you know, Meta's services in various various places. Generating images, effects, modifying images, generating video, generating music, sound effects, Three D models. Okay. Which of course is important for the me…”

“We absolutely do not need AR and VR in order to build the metaverse.”

“I see this as breaking into a bunch of worlds here. There's going to be worlds for work. There's going to be worlds for commerce. There's going to be worlds for mental health. There's going to be worlds for gaming. There's going to be worlds for events and soc…”

“The buzzword interoperability is one that people throw around a lot in the web three space. And the intention there is what you're describing of people will be able to fluidly move between these worlds. But ultimately I think that this is going to be more of l…”

“If you actually understand how code is created and you understand how capitalism works, the chance of interoperability between these worlds is highly unlikely.”

“And I would say that if settlement of these different in-game assets happened at a later time, you don't really need a high throughput of transactions per second.”

“We absolutely do not need AR and VR in order to build the metaverse.”

“In general, to address the specific things that you mentioned I think anything that's being used a lot today probably is not very metaverse-like, because in general, when people talk about the metaverse, they're talking about the next thing that's coming along…”

“Tony Parisi has got seven rules of the metaverse, and rule number one is that there's only the metaverse. There's not a bunch of metaverses. So that, for me, is a strong indicator. If I see someone talking about our metaverse or a metaverse, yeah, I immediatel…”

“There's not going to be one top-down big boss that says, here's how it's all going to work. It's going to be some ad hoc arrangements of people trying to work together.”

“I do think that almost any plausible metaverse that I can think of, there's going to have to be some understanding around the size of avatars. It just doesn't make sense and it doesn't work if you've got some avatars that are a 100,000 times bigger than others…”

“I think people are comforted by shelter, by the feeling of privacy that you get when there's some walls around you, there's a roof over your head. So we're going to see those forms recapitulated in metaverse experiences that are geared towards drawing in a mas…”

“In the metaverse, I think we're going to see virtual environments that are populated and brought to life by AI. In some cases, it's going to be so what you might think, which is non-player characters that Walk around and, you know, deliver the mail or whatever…”

“We think that cryptocurrency and fiat currency, you know, in other words, old fashioned non-cryptocurrency, they're both going to be used in the metaverse just as they are in the real world.”

“When it comes to like us all hanging out in some metaverse, I just don't see the case for it.”

“Well, in the kind of linguistic sense that the word metaverse contains no meaning. It is meaningless because you do not know what the person speaking might mean by it.”

“And hence people saying, should we regulate the metaverse, or how will politics work on the metaverse, is just completely ludicrous. It's like saying, should we regulate the mobile internet differently from the internet? Well, no, it's just the internet. And, …”

“It's this top-down, centralized, inorganic, deterministic, predetermined, sort of ideal, republic, utopian vision of this is how the internet will work. And it's got all these kind of other ideas attached to it, like I was describing this as like Katamari Dama…”

“And so even if you think that VR and AR are going to work and are going to be the universal thing, think of anything you're doing now as pure experiment, pure learning, pure interest, with no expectation that this is going to be meaningful.”

“The big problems with the metaverse are things like you know, studies out of China have shown it's more addictive, or more habit-forming like substantially more so than phones, because it's immersive.”

“Do I think Mark's vision of spending 12 hours a day in the metaverse will come true? No.”

“We're shifting away from ownership of physical items, and now with an NFT, it allows individuals to have access and ownership of digital items, and I think that's really important, especially for areas in the metaverse.”

“There's gonna be this play-to-earn economy, in my opinion, that's gonna be created, and I don't think that, that, that people in the future will ever be playing video games to just, for free, essentially. I think that every game will have an economy in whateve…”

“I mean, I think headsets are going to be more and more popular. They're going to be less bulky in the future. They're going to be easier. You know, to affordable, essentially easier to acquire. I think they will be essential, but I think the technology is goin…”

“I think NFTs are really going to evolve to be three-dimensional things, three-dimensional things that you own in the metaverse.”

“Neopets was the metaverse, but on a dial up internet connection.”

“And so I sort of just, I mean, I just kind of think like with all of the attention and all the buzz and hype around like metaverse and web three and crypto and DeFi and VR, we kind of stopped paying attention to AI.”

“The first Really, two D based metaverse experiences, two D text versions of Roblox emerge in the 19 sixties and seventies.”

“Does it have a negative effect? Absolutely. And certainly if you are suffering from some form of confirmation bias, it reiterates that confirmation or that bias.”

“I mean this because I'm going to describe the metaverse, not define it. And that is a massively scaled and interoperable network of three D rendered real time virtual worlds, which can be experienced synchronously and persistently by an effectively unlimited n…”

“The enormity of what we want to build requires extraordinary trust in the system, extraordinary investment, and we actually have these frameworks we need not reinvent. We can iterate on, but even there, we should pioneer on the three D tools, not the societal …”