Capitalism is the most efficient system!!!

Or it's a great way to cover up where 100 billion went.

Actually when you put it that way, maybe Facebook can destroy all the hype around AI too!

If anyone's ever going to be able to crack the secret to widespread adoption of VR, I think it'll be Valve.

It still needs to get over the hurdle of VR headsets being heavy and therefore uncomfortable, and motion sickness. There are some technological solutions that can improve motion sickness, but they're not currently practical.

Assuming we ever actually get a price. Still no word on that.

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.

They were taking taking turns jacking off Zuckerberg (metaphorically of course ... or perhaps ...).

It says it’s multiple studios, which I assume were acqui-hired. So it’s not just “VR developers”, but also UI designers, concept artists, QA, PMs, HR, IT, tech writers, community managers, sales people — maybe even localization, reception, janitors… who knows. The structure of these things can vary wildly.

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!

They couldn’t even get the people making it to play it in their spare time

Ironically Meta's Llama model that ran well self-hosted. I'm sure Meta will get around to enshittifying it eventually.

The real NFTs were the AI models we saw in VR along the way.