Lots of interesting chat in comments and on social media for my post about Meta CTO Andrew Bosworth heatedly insisting to me — "Dude just take the L"– that the company was still focused on the Metaverse despite not mentioning it at all in his latest "vision of the future" post.
Rony Abovitz, founder and former CEO of the heavily-funded AR company Magic Leap — he hired literal Neal Stephenson as the company's chief futurist — thinks any current reluctance by Meta to mention "the Metaverse" too much now is basically about current perceptions with the investment world:
They realize that their version of “metaverse” is tainted with respect to Wall Street. They will build whatever they want to build – and either name it something else or not even name it all (except for the pesky fact that the whole shebang is called “Meta”). It is a perception game…
— Rony Abovitz (@rabovitz) April 28, 2023
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"They realize that their version of 'metaverse' is tainted with respect to Wall Street," as he put it to me. "They will build whatever they want to build — and either name it something else or not even name it all (except for the pesky fact that the whole shebang is called 'Meta'). It is a perception game."
Given Abovitz's background, I tend to think that's plausible.
And as it happens, a Meta insider recently told me almost the exact same thing:





