According to the latest data and the words of Meta’s CTO himself, Andrew “Boz” Bosworth, the metaverse risks turning into a resounding flop: everything will be decided in the coming months.
2025 will be a crucial year for the Metaverse of Meta, which according to the latest data risks turning into a resounding flop and creating a hole of 60 billion in the coffers of the company directed by Mark Zuckerberg.
According to an internal note from Meta CTO Andrew “Boz” Bosworth. In the coming months it will become clear whether the metaverse is actually “a visionary undertaking or a legendary misadventure”. And the results must be utilized to make the proper adjustments
“We must increase engagement, sales, and retention in all areas. But particularly in mixed reality,” Bosworth stated. And for our long-term goals to succeed, Horizon Worlds on mobile must unquestionably take off.
“If you don’t feel the weight of history on you, then you’re not paying attention. (…) This year will likely determine whether this entire effort goes down in history as the work of a group of visionaries or a legendary misadventure,” added Meta’s CTO.
The data points to a disaster across the board
Although Bosworth’s words suggest that there is still real hope that the project will prove to be a success. Some reports speak of Metaverses as disasters, the foundations of a market that never took off.
It is therefore no coincidence that in recent weeks the CTO of Meta has made a series of changes regarding the management of Reality Labs, which in the last quarter recorded record revenues of 1.08 billion dollars. But also a record operating loss of 4.97 billion.
As previously reported, this division has accumulated losses of approximately $60 billion from 2020 to date.https://youtu.be/qKqriU2kRd8?si=PNL3w7xa1nHAv1-z