During the presentation, Glegg highlighted that the company isprometaken with the development of the metaverse, despite recent speculation about possible job cuts related to this area. He highlighted that the company believes in the potential of the metaverse as the heart of new computing platforms, but that this will take time to consolidate.
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Despite some bugs presented during the meeting, such as all the avatars present moving their mouths when only one person spoke, Glegg stated that Meta is investing billions in the technology and hopes to recoup these resources through advertising and commerce businesses in the metaverse.
With this, Meta demonstrates its commitment to the development of the metaverse, even facing challenges and uncertainties along the way. The company remains firm in its vision that the metaverse is the next great technological frontier and that it can transform the way people relate and interact in the virtual world. The meeting was monitored and reported by the Bloomberg.
“We have always been clear about saying that we are in this for the long term. This won’t happen overnight”, concluded the Meta executive.
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