Never fails. Bad management butchers a cash cow. Zuck is really out of touch. Do they need AI, did the world need metaverse? He stole Facebook, bought instagram, Facebook marketplace is stolen eBay. Yet they made tons of money. AI is another wasteful Zuck vanity project.
I hope they do it and more collaborators follow. Maybe when this ideal AI powered metaverse platform actually starts costing them money and partners they'll rethink twisting their entire game into it's image
Following the news from Epic Games about the use of Generative AI, Poncle is now "reviewing" the Vampire Surivors x Fortnite collaboration.
Brought to my attention VIA @VolksDK
It’s actually failing. They canceled their own modes like Ballistic and Rocket Racing, Tim’s metaverse idea was very flawed from the start and all his grandstanding about it just makes it look worse for him and Epic.
Airdrop is dead
Altcoin is dead
Crypto is dead
Layer 1 is dead
Layer 2 is dead
Web3 is dead
Web2 is dead
RWA is dead
NFTs is dead
Defi is dead
ICO is dead
IPO is dead
InfoFi is dead
DeSci is dead
DePIN is dead
Metaverse is dead
Privacy is dead
SocialFi is dead
GameFi is dead
Impressive but you cherry picked one of the best quarters and this isn’t a new source of revenue as I wrote above.
Google’s revenue is 2x Meta because their investments have a return. Meta doesn’t have a return from so many investments — crypto, RL, Metaverse, and soon AI.
Half of the team moved to OpenAI. Another half was drowned in building metaverse and AI usage dashboard.
Give them a best leader and a free hand.
TPMs are a curse to any project while that project is in baby footsteps stage.
No, Mark Zuckerberg, you cannot get to AGI through data labeling alone.
Turning a once-top notch AI research division at $META into a data-labeling sweatshop has to be one of dumbest blunders in corporate history.