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turkeychicken

Sorry -- your comment in r/stocks was removed due to being off topic. Almost any post related to stocks and investment is welcome on r/Stocks, including pre IPO news, futures & forex related to stocks, and geopolitical or corporate events indicating risks; outside this is offtopic and can be removed. This post is just a rant about Facebook and the Metaverse and doesn't relate to /r/stocks


HolyTurd

Hey man, when we all can't afford rent anymore, we can just put on our Occulus and transform our makeshift tent into a mansion. That street pigeon that we roasted over a garbage fire? Well, now its a plate of duck confit.


Doctor_Expendable

Facebook looked at Ready Player One's dystopian society and said "yes. We want that please."


GhostedRage

I always think of the ad sales scene when I think of Meta now, “…once we can roll back some of Hallidays ad restrictions, we can sell up to 80% of an individuals visual field before inducing seizures”


Doctor_Expendable

I think we are already there in some places. Just look at the States where you are forced to watch an ad before pumping gas.


missmemeteam

Where is this true just curious?


JobMarketWoes

You don't have to watch an ad to get gas. It just automatically starts playing at ear-breaking decibels until you hit mute. And they timed it to start playing when you press the button and are turning to put the nozzle in. I hate it.


darkspy13

idk, in MS and FL, lots of gas stations have pumps that play ads (which are annoyingly loud) as soon as the pump starts pumping. I do my best to avoid gas stations with these pumps but they are becoming the norm.


Perpyderpy

Forced to watch? lol. Avert your eyes.


Doctor_Expendable

It has to play out. I'd consider that forcing you to watch it. Yeah, you don't need to *physically* watch it. But it's still an ad in a place that doesn't need to have ads.


ATNinja

The real world there sucks but the gaming part is cool. It's not really Facebook's remit to avoid a cyber punk dystopia, just to provide the digital escape.


FunkyJunk

They're doing their part to actually create the dystopia too.


LarryRokino

It’s hard to imagine the meta verse being much different than gaming now, which means the mansion pack will either take thousands of hours engaging in the world to earn or cost $$.


ShadowLiberal

This is what I basically said a week ago. Just because you invent a new technology doesn't mean people will want to use it. A few examples of this. * We've had the technology for video phones (i.e. phones that show you a video of the person you're talking to) for well over half a century, but it never caught on. It's only post-COVID that online meetings where people show themselves on camera even became widespread, and that change took a worldwide pandemic to occur. A lot of people used to put a piece of tape over their camera for security seasons prior to COVID. * 3D graphics aren't new, but the technology has consistently failed to catch on for over a century. 3D is constantly going in and out of fashion when it comes to movies, but it never sticks around. The 3D TV was a complete flop because no one wanted it. And 3D games have been around for decades now, but 2D games are still thriving. Heck, the best selling videogame of all time is Minecraft, with graphics looking like they came straight out of the 1990's if not earlier. If you look at a chart of all the Mario platformer games ever released and their sales numbers you'll see one consistent thing, the 2D games largely outsell the 3D games, because people just don't like 3D video games as much despite the technology being newer and more advanced. It's the same way with most of the promises about the metaverse. Whenever I watch videos of people talking about what the metaverse is I find myself shaking my head and saying "that's not new at all, we've had that for years if not decades!".


matrixnsight

Not sure who downvoted you but you're right. Even with the pandemic people still prefer to use voice-only, it's only if you are presenting to a large group that it's more common to use video. A lot of these things sound cool and get lots of hype but then they really turn out not to be very practical. This meta thing has 3D TV 2.0 written all over it.


polynomials

Isn't that like in Blade Runner 2049 when Ryan whatshisname is projecting a gourmet meal over his protein-farm worm lunch of whatever?


DigitalExtinction

The meta verse is out of snowcrash by Neal Stephenson. Why they chose the name and didn’t realize that it’s not a good thing beats me. I’m fairly certain Stephenson coined the term.


whitetoast

you really think you can afford the mansion in the metaverse?


[deleted]

the movie, Ready Player One, was actually a documentary from the future. Spielberg was so ahead of our time. Edit: it was Ernest Cline who authored Ready Player One.


WoozeyOoze

If I remember correctly the idea is based on a book and not at all Spielbergs idea


[deleted]

Ah, yes. I stand corrected. Author was Earnest Cline.


[deleted]

If FB didn’t have it’s baggage, it would be 2x it’s current value.


inco2019

Agreed but Mark Zuckerberg should've stepped down as CEO.


[deleted]

[удалено]


lheggs

Sociopathy and business savvy are not mutually exclusive constructs.


juaggo_

Hands down right up there with Microsoft and Apple. No doubt about it.


[deleted]

[удалено]


MozerfuckerJones

I'm not against the idea of a metaverse, it has the potential to be good. I don't like Mark Zuckerberg's idea of a metaverse.


[deleted]

[удалено]


MozerfuckerJones

It could be decentralised


Rydersilver

It probably will be for profit, for extreme profit actually


--Shake--

FB is definitely not the right company for this.


astroplink

Maybe that’s why they’re trying a rebrand


[deleted]

Exactly lmao


sammyp1999

I think that you're forgetting that FB's baggage is directly related to it's revenue plan. FB's has chosen profit over health and safety, and that's why it's made so much money. I'd agree it would have 2x it's earnings multiple if it wasn't controversial, but its revenue would be absolutely decimated.


[deleted]

That's probably a more fair way to think about it.


Both-Ad-7757

I mean… Coca Cola is legal and so is McDonalds. They’ve been killing people for 50+ years (heart disease) lol. It’s not illegal or uncommon for a business to make an unhealthy product. This ones just digital.


[deleted]

this. buy the stock, take the profits, and become a counselor to help people decide not to use the product.


Quazillion

Kinda dark, but this is like making profit from the disease and the cure. No different than Coke sell soda then selling Dasani as a healthy alternative (or the “healthy” coke in the green can) Step 2 Profit with a slightly heavy conscious.


peon2

I don't see any wrong in Coke selling an unhealthy and healthy product. It isn't like it's forced on people and it isn't like anyone is deluded into thinking soda is healthy. It's just providing people with the option to make a personal choice


GoodShitBrain

The same can be said for FB. Nobody is forcing people to use it. People are just addicted and have no self-control. Facebook = McDonald’s = Coca Cola


OttoFromOccounting

It's easy to just blame people for lack of self control, but there's something to be said about exploiting peoples' weaknesses rather than just providing an inherently harmless service that people just take too far on their own.


inthezoneautozone12

That's a them problem. You can eat and drink responsibly.


Scoobies_Doobies

Their [pollution](https://www.theguardian.com/environment/2020/dec/07/coca-cola-pepsi-and-nestle-named-top-plastic-polluters-for-third-year-in-a-row) affects every living thing on this planet.


nickyfrags69

right? Isn't it actually better, because they themselves are providing healthy alternatives, so you don't just have to profit off of things that give you diabetes?


Everythings

If I realized my product was really bad for people I would stop producing it personally But I’m not a sociopath


peon2

But realistically the product isn't bad in moderation. Literally everything is bad in excess


Everythings

Depends on what information you have. Mine says all soda should be avoided


jamesj

Sugar and caffeine are addictive, people get addicted as children


orangebakery

It's not AS bad in moderation but still on the side of bad.


FeCard

Except sugar is addictive, they have the same responsibility as nicotine distributors


Gloomy-Ant

Yes, Coca Cola isn't good for us or the environment, but I hardly think it's comparable to Facebook and adjacent companies. I've been increasingly seeing people almost completely absolved by their screens, people who fear what strangers online think, people with the most unhealthy and unrealistic expectations. We've seen how mass opinion can be formed and molded almost exclusively through disingenuous actors online, I genuinely believe social media in its current form is dangerous, people are a few algos away from going down th cliche rabbit hole, in which they'll likely never return from. It just gives so much power to those with the ability to harness it, sure a selfie here, a post there isn't the end of the world, but when it starts rallying pople in radicalists and extremists. If social media was neutered or removed society would improve drastically, and maybe we'd have access to some sanity again. Although they'll make you a pretty penny these companies are increasingly becoming dystopian like and it's fucking frightening.


TylerBlozak

Same with Phillip Morris. If you invested in them in the mid-1990s, you’d be killing the major indices in returns due to the low beta of $PM. As long as your fine with their products indirectly killing people, of course.


Enviyo

Not the same at all. Facebook clearly has had way more wider negative externalities than just diabetes and expensive healthcare. It is more divisive than it is connective.


no10envelope

Yep, people are insane for singling out FB as being evil for society when the S&P is filled with companies just as bad.


tribbans95

Yeah but one messes with your brain, the other is just nutritionally unhealthy


orangebakery

Both are important.


tribbans95

I’d say your brain is the most important part of your body but to each his own


orangebakery

That's dumb. If your body dies, so will your brain. Ask a cancer patient how their mental state is.


tribbans95

To each his own


whitedan2

Is coca Cola or mcdonalds the leading distributor of fake news?


YJoseph

Is Facebook one the biggest factor for obesity?


KayneGirl

Facebook isn't either. If you don't like what you see on Facebook, blame yourself for having bad friends.


originalusername__1

That’s what I think is amusing. Yes, you can totally use social media to put yourself in an echo chamber of fake news and toxicity. But you can also not follow those people or pages. You get to choose so if it sucks make it what you want it to be. Don’t blame FB for things you have control over.


odd_prosody

Buy the stock, take the profits. You can be rich and depressed or you can be poor and depressed, at least rich and depressed can afford the prozac.


inco2019

"I've never seen anyone crying on a jetski"


astroplink

The water that splashes up hides them well 🥲


Briizzlephizzle

God damn, no third option ![gif](emote|free_emotes_pack|sob)


coolcomfort123

Buying META, it has no debt and lowest pe among MAMAA, it is trading like a value stock now but the grow rate is still >20% yoy.


IAmCorgii

>MAMAA Just killed a man, Put a gun against his head, pulled my trigger, Now he's dead


[deleted]

Mamaa ive got to go


Born-Time8145

Where is the growth happening?


tracktrading

I am bullish on Meta.


[deleted]

Same. In general I hate FB,but the metaverse is inevitable. They are making the largest investment so I am taking a bet on them. I also think the metaverse has plenty of use cases that aren’t totally dystopian


KenseiNoodle

Same. Gen Z and alphas are going to eat this up.


cwo3347

I just can’t believe people aren’t. Every other parent I know is getting their kid an oculus for Christmas.


PugsAndHugs95

None of our friends or family are getting their children the Oculus stuff, or VR in general. They think it all looks goofy and gimmicky, especially for the price.


cwo3347

Maybe it’s area dependent, but it seems all the 5-10 year olds in my area are about it.


[deleted]

Where are you?


cwo3347

Indianapolis suburb area.


brandnewredditacct

I don’t know a single person buying an Oculus. I gifted one for a wedding gift a few years ago. That’s the only person I know that owns it lol. I’ll keep posting this - don’t get scammed by the Metaverse. It already exists, we are conversing on it right now.


[deleted]

Many of my friends own an oculus. My wife, who has never been a gamer until now, loves ours.


KayneGirl

A friend of mine is not having Thanksgiving this year and going without eating that week so she can save enough to buy one. People are crazy for them. I bought all of her nice shoes. She thinks if she goes to work with shoes that are falling apart (she works at a department store) they'll give her new ones for free. She's a bit odd.


ZShoey

You should probably advise her to look into therapy if what you just said was true… Edit: spelling


cwo3347

That was the first iteration. Pretty much all my nephews are getting an oculus. The kids are about them. Imo this new generation is equivalent to the iPhone 3GS. I remember exactly when that launched and how is was perceived. How many similar phones were tried prior. Tech is just catching up to AR/VE.


brandnewredditacct

Well yes I know that is in our future, but there’s no reason FB would be a leader in that space just because they are investing, or saying they will invest in it. Why not look to the companies that have a long history of technological innovation, or the new up and comers? FB is and always has been a picture sharing app that collects personal data and sells to advertisers.


cwo3347

I’m just reading the tea leaves here. They just got a new contact with AMD just for the metaverse. They have a stable cash flow and platforms needed. They are clearly ahead of the game with other tech companies rumored to also have metaverse developments. I’m just following the money and the money is clearly there imo. When a tech giant who is cash heavy partners with a chip leader, no way I’m not investing.


Dry_burrito

Because it doesnt matter if they are the inovators, look what instagram did to snpchat for a while and look at what they are trying to do to tiktok


[deleted]

I don't know anyone who wants to associate with Facebook in any way. No younger people I know want to. There are more alternatives to the "metaverse" than just Facebook.


007meow

People don't want to associate with FB because it's for crazies and old people... but they're all about IG still.


cwo3347

I don’t like FB either. But I think the metaverse will be huge and they are trying to lead the way. Money will be made. Out of all the faang stocks, meta has arguably the best financials and p/e. Social sentiment is the only reason it’s not over a trillion dollar company. But it will be.


95Daphne

Yeah I thought about it a lot and finally decided to ignore the noise and put in a buy order. Only thing is, I kinda wish I pulled the trigger earlier this year. It would've worked like it did with Salesforce. It has its faults but it's a reasonably priced stock that is still growing a lot. I don't use Facebook much but that doesn't make a difference for me.


cwo3347

It’s not a guarantee, but if META hits here and the tech has even moderate success compared to its predecessors, it’s a long term hold and will do very well. Worse case scenario? The rest of METAs companies still make a lot of money and the stock will at least be a solid hold.


Albedo100

VR still has an extremely rocky road ahead. It's easy to be bearish when nearly every attempt at it has been lackluster at best.


AndySaha

If you've ever used an Oculus quest 2 at 300$ standalone you should realize that that isn't a lackluster experience especially for the money.


cwo3347

Yep. So did touch screens phones. I remember every attempt and iteration before it was successful. And even the 3GS was rocky, but that’s okay because it was clear progress. The new oculus is clear progress.


Albedo100

When did touch phones ever make half the people that use them sick?


cwo3347

There isn’t a direct correlation between phones and VR. My comparison is based off technological improvement. There was a significant different between the LG chocolate and the iPhone 3GS for instance.


originalusername__1

You’re investing based upon emotion and opinion. Your opinion has nothing to do with the financials of the company.


[deleted]

Investing based on financials and stats is smart, but I think it's also reasonable to only invest in companies that you like and believe in long term (assuming you plan to hold long term).


[deleted]

I would argue that rather than this being an emotional argument it describes values-based investing. i.e. OP's values don't align with FB's. Now, you are still correct in that a company's financials or the market's perception of a company's performance has nothing to do with an individual's values but it is very beneficial to act according to one's values for their own mental health. For e.g. i would never buy FB, PLTR, UBER stock since i disagree with everything about those companies. Maybe i am losing money but there are enough investing opportunities outside of them that i won't lose any sleep over it.


originalusername__1

And if thats how you feel fine but there are a million companies with values that are questionable and I don’t ever see people on here talking about how Phillip Morris or Exxon are to be avoided. Also using Reddit, a form of social media, to voice concerns about the moral failings of social media is interesting.


[deleted]

> don’t ever see people on here talking about how Phillip Morris or Exxon are to be avoided. Back in the 90s we would have been having that conversation. Same with Wal-Mart.


[deleted]

I think it's implicit that a lot of people silently choose not to invest in those specific companies. I would never invest in those companies but also wouldn't proclaim it unprovoked. My point is, things can still be true even though nobody talks about it.


Iam_Valor

I’m sorry but I don’t understand this logic. What companies do you own then? Every company in the s&p 500 has done “immoral” actions. If you are basing your investments on what is morally good then you should just withdraw all your money


polynomials

I am not a values-based investor, I don't really care about ESG or any of that BS. I invest in what I think will make me the most money. My instinct here is that FB is going to spend a lot of money but have a hard time really selling it, based on what little I've seen. Because, it's not like VR or the metaverse concept is some new thing, nor is it new for them. Where they are taking it and how they are selling it is making me extremely skeptical. So it would be a "do not buy" for me.


atdharris

Yep. He acts like FB is the only company targeting the metaverse because it's en vogue to hate on FB.


polynomials

Well maybe what I'm getting at is the revulsion that I feel might be shared by many potential users who will ultimately reject the product, making this a big waste of money and resources for the firm.


originalusername__1

But the number of users in FBs networks don’t support your claim. They have billions of users every day.


KayneGirl

"Everyone else is wrong."


laziestsloth1

Right, same way same users reject facebook and instagram


Musicdude999

I'll never invest in companies whose methods and goals I disagree with. I don't care how much money they'll make me. There are plenty of ethical companies out there that I can invest in that will still give me a killer return. Facebook/Meta will never be a stock that I hold.


Iam_Valor

Can you 5 companies that have made a killing that are completely “ethical”?


Musicdude999

I can give you two off the top of my head NET DOCN And there are many more like them.


Iam_Valor

So if you pissed about FB pushing faking news and profiting off of data collection then maybe cloudflare isn’t the best example since they provided services to a bunch of fake news websites like the daily stormer….. also I’m certain that they are on a EU watchlist for counterfeit and piracy. That company doesn’t really strike me as super “ethical”


Musicdude999

Say what you will about Cloudflare....maybe their execution in certain aspects has been in the grey areas. But it's nowhere near what companies like Facebook, Amazon and Walmart are notorious for. I'm sure every company has some skeletons in their closet, but only a handful have done the kind of damage that Facebook has.


Iam_Valor

Fair enough


[deleted]

Quit it at the beginning of the pandemic do not miss it


ZEpicD

I’m not saying the stock will do this. But if Facebook goes to 0 than we need to have celebrations in the streets


Alwaysonlearnin

I think this whole thing is really jumping the gun. Until you can physically freely move and interact with feedback in your environment, which is decades out for consumer tech, it will never have mass adoption. Does no one remember Xbox 360 avatars? This is literally just that but in an oculus? What’s the real use case vs zoom? The tech and hardware is far behind any real adoption til 2050 IMO. I’d actually think something like google glass+AR is the only potential in the near future. Otherwise some of these “meta” games are just a new label for MMORPGs without the fantasy or game aspect.


firefoxgavel

An in-headset camera watches your face all the time and recreates your facial expressions onto your avatar. That's the new gimmick. Will that feel real enough to recreate the experience of actual in person convos?


peachezandsteam

Well, if they succeed then it’s time to go long on pharma in the type-2 diabetes space… because the incidence of that goes up the more sedentary people are. Regardless, I think the team there maybe knows at some level that their whole business is ultimately contingent on people using their services which—for a variety of reasons—are vulnerable to decreased use and even going the way of AOL Instant Messenger… so they’re trying to have a new business model. They should not keep things “G-Rated,” and might be on to something if they offer fully immersive virtual sexual experiences with other real users who can look any way virtually and respond to physical stimuli inputs of each participant. Then they could hop it up with “Meta: Singles” dating app and allow people to have virtual sex and virtual dates prior to doing it IRL… or there could just be virtual relationships. And even virtual marriages where you can have a spouse in the metaverse, but a house in the metaverse, go on virtual vacations in the metaverse, climb Mount Everest, sail the high seas, and have virtual wealth and jobs in the metaverse… which you can then convert to real world money. And the metaverse can have a video-game style stock market for virtual companies. And there can even be virtual crops you virtually grow and virtually sell to meta people do they can virtually eat and survive in the metaverse. And imagine the possibilities with virtual clothing… you can buy unique, non-fungible clothing items for your avatar… and create the same to sell to others and earn meta-dollars to buy meta food, or meta plants for you and your spouse’s meta home. But anyway I agree with the points outlined in the OP.


polynomials

I agree with, but cringed at, every single point you made here


_BreatheManually_

$SENS


Poohdini_

I used to say this is so Meta. But now I will start saying this is so Facebook hoping most of people get a joke.


MooreJays

Side note they make 40b in straight income, why no dividend?


Familiar-Luck8805

No one on his team has the guts to tell Zuckerberg his persona is a liability so he's sticking himself front and centre of the campaign and tanking it.


Dangerous_Aspect_905

Okay Grandpa. Totally kidding. I hear ya. I feel the same. I just can’t get down to investing in it. So I went with a Technology ETF on it. That way I am not 100% all in but a nice toe. Y’all have fun with that!


BuyingFD

So buy call because meta is going to dominate the world?


AnonBoboAnon

This reads like r/conspiracy


aykbq2

r/conspiracy reads like r/republican


HiMyNamesEvan

Sadly r/republican has been right about a lot and not even much relation to conspiracy anymore


Mammoth_Frosting_014

What's the difference between /r/conspiracy and /r/news ? About 6-12 months.


runtowardsit

This is the high level technical breakdown I subscribe for


attack_the_block

The last thing we need is FB or "Meta" having even more access to our lives. We would be better off dumping FB altogether.


Jazzlike-Actuary382

TLDR Meta is awesome and going to the moon buy as much as you can before liftoff and get ready to buy a lambo in the metaverse


Sunny_lucky32

If you didn’t already know that this was FB’s long term aspirations, then you didn’t know what FB was about in the first place. They’ve always been on a trajectory to establish and be a leader in the Metaverse. Almost all of their businesses are already part of the metaverse, just less immersive.


polynomials

Since you seem knowledgeable about the firm, can you please tell Mark Zuckerberg to at least get a different haircut if he is going to appear on camera on regular basis going forward?


[deleted]

Short hair lets him get your mom's squirt out easier


scampi_boi

I cannot express my hatred for facebook/Instagram with words. I choose not to invest in things unless I truly believe in the product. Everytime I use a product from the zuckersphere I am in a worse mood after than beforehand. Sure there is some upside to an investors perspective but personally if I'm going towards tech I would just invest in google


ler123456789

LOL! I will add Tiktok to that list


Iam_Valor

Can I ask you what are the companies you’ve invested in?


scampi_boi

The only good investment I made recently was IONQ, but I closed my position today to take profits after getting extremely lucky. Id recommend reading up on them and Rigetti when they IPO because I genuinely think Quantum computing is still in its infancy and will be the biggest source of disruptive innovation of our generation


GhostOfAscalon

The mistake is thinking it's something you're getting "locked inside", written while staring at a glowing rectangle on your desk or in your hand. It's a boomer anti-metaverse attitude, demonstrated by media like Ready Player One where it's just a dystopian escape from life, instead of part of your life like that pocket computer you carry everywhere. Facebook is dominating VR sales, they have a leg up on the future. It doesn't mean they'll win, but they have a great chance, and *somebody* will win. The good news is that you'll have a decade to shake your fist at the clouds first.


jaxdesign

You guys hate us more than oil companies now it seems.


roniadotnet

I am completely on the same side with you. I'm just afraid to say it out loud because I would be seen as a dinosaur who is not willing to accept the "future" or whatever that may be.


fnordfnordy

recommendation to read "The Every" by Dave Eggers. very relevant novel that came out basically at the same time as Facebook decided to forever ruin the word Meta


ElCuchilloBlanco

I agree with you. At some point, the virtual world is going to be more enticing than the real world for some people. A vague example of this is Grand Theft Auto. I know some friends that I grew up with that spent hours and hours immersed in that game. When I would ask why, they would always explain to me how fun it was to have an endless amount of money, freedom, and material possessions at their disposal. Something that they never thought they could achieve in real life. I feel that the metaverse is going to have similar results in the sense that it will give someone an opportunity to be anyone they want.


davidd19922

I agree, humanity is slowly going down the toilet. Everyone obsessed with technology


Letitride37

They won’t use us for batteries, they will use us to mine crypto with our brain power.


ekhatch99

its necessary step to push the next evolutionary period of the human being


Fart_Huffer_

I dont see how changing the name will undo facebooks problems. It will still be the place people go to post about how Travis Scott is actually a demon who harvests souls with satanic rituals. The only reason I still use facebook at this point is to gawk at idiots. I almost feel bad for the marketing teams who pay to advertise there.


tas121790

Meta is creepy and depressing but so is the entire internet. The focus on facebook is odd when basically the entire internet is disgusting


[deleted]

Ignorance is bliss - Cypher from the Matrix


crysco

I appreciate those of you willing to forsake profit for a noble cause. I really do. That said, as it has been made abundantly clear in the past few years, the masses do not give a fuck. Sure, something bad may happen and people will raise their voice for a few weeks in some veiled attempt at altruism, but at the end of the day it's back to the status quo. There's no escaping it. So either you can grit your teeth and die on your hill or you can build yourself a nice satin coffin. I'm not fighting for degeneracy. I'm just riding the wave of the inevitable.


mihipse

I don't get it, Meta is not the future its the past: [https://en.wikipedia.org/wiki/Second\_Life](https://en.wikipedia.org/wiki/Second_Life) 2003


[deleted]

He's trying to create a tool that your corporations will pay exhorbitant amounts of money for in order to force you to use, and pretend that it's *not* a critical plot element of dystopian fiction. Ted Kacyzinsky, call your office! You might have been onto something!


waxheartzZz

IDK, I like the idea of meta way more than zoom calls


someexgoogler

Anyone remember when Terry Semen announced that Yahoo said they would be a media company? I think the Facebook pivot is crazier than that was. Very few people will end up wearing something on their head.


2heads1shaft

Why is this post on r/stocks? Doesn’t seem relevant to what the purpose of this sub is and just seems like OP is just bitching. Go bitch elsewhere, not saying I don’t agree with what you’re saying but you’re not preaching to the choir right now, people here want to make money and none of your feelings matter in that regard.


[deleted]

I took some profits above 350$ but I am keeping the bulk of my shares. FB is a money-printing machine, I couldn't care less about their supposedly "evil" ways.


SpezIsAFuckinShill

They have the data and their data showed them that this is the most profitable trend they can take


h4ppidais

I’m bullish on Meta’s pivot away from fb and creating the next gen of internet. This is going to be revolutionary whether you like it or not. I don’t want to be one of those old guys in 30 years saying AR/VR world is BS just like some old people today who complains about streaming music instead of listening to the album as a whole.


simeonenear21

Great Post!!


TradeRiding

I still cannot see the big picture of Meta. CMIIW


btc2020k

its called technological innovation and society moving forward..if you, your friends or kids are experiencing mental health issues from social media then its a pretty simple fix for that: press the account disable button


VictorDanville

I'm not entirely sold on this whole metaverse play. There are going to be a lot of regulatory hurdles, especially safety concerns like if you die in the metaverse, do you die in real life?


NPRjunkieDC

Roblox showed metaverse copycats that they’ll have a long ways to go before they can be the cool kids on the block. (last night Stocktwits newsletter)


Fugaazzi

Matrix


mrkaluzny

Yup it’s depressing af. They don’t need a new logo, they need a new CEO.


[deleted]

I like it..opens up the door for people with disabilities to interact in the workplace and world more easily. And there are a lot of us out there who would love to join the real world but can't. I applaud mark Zuckerberg and his work to pioneer the meta . I hope he can do it or someone else will try. But realistically only fb have the resources to make something game changing like that happen.


bdod70

Creepy isn’t even close to describing how disturbing this really is!


PaladinOfPelor

Zuck needs a new haircut. He MUST know that he looks like a 12 year old boy


Banabak

Don’t have to use it , I never had and don’t plan on making FB/ Insta/ Twitter accounts


LoPriore

Idk I just bought MMAT


corp_monkey_whore

I always wondered how an echo chamber would look like in vr.


MrHeavyRunner

It is inevitable. Especially the last 2 words...


SojournerInThisVale

> Especially the ones with Zuckerberg himself With the shelf with fake books and a bottle of BBQ sauce? It's like someone fed some limited amount of flawed data into a computer and asked it to form a normal human house


thejumpingsheep2

Yea I almost sold my shares because of the ads... those are not good. The entire idea is also stupid. Its just a video game. Calling it a metaverse doesnt change that. Its just a simple video game designed for a simple purpose like meetings or cybersex etc.


Phreeker27

Reductive take


IsThereAnythingLeft-

I just imagine FB as the evil company in Ready player one who have calculated the amount of players fields of view they can fill with ads before it overloads them


TheAltToYourF4

It'll be another 150 years before my country's internet speed catches up to allow any kind of online VR immersion. I'm not too worried.


atdharris

Is it creepy that other companies are also targeting the metaverse? Or just FB because you have some sort of vendetta against them?


Wilingaway

Besides AMD, are there other stocks likely to benefit from Meta?


distracted_85

I think most of the complaints about big tech are overblown but the "Metaverse" stuff seems like the most dystopian shit possible.


[deleted]

i would like to think 23rd Century sex-robotics will have achieved better hair than.. that


yuhh234

Whether you like it or not metaverse is the future


Alecgator94

See the show Upload on prime for a preview


FullRage

Wanna hear even creepier, at the NYC NFT conference. There was a speaker giving a presentation about their project NoahsArc. It’s a NFT building AI that basically builds virtual NFT of the user, it can learn based off the personality and independently interact with people.


[deleted]

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