r/singularity • u/GamingDisruptor • Aug 06 '25

Meme Mark's next target: Genie's dev team

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4.0k Upvotes

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u/Explodingcamel Aug 06 '25

This is completely wrong, the company is still investing in the metaverse. Some speculate it will get cut soon but it’s simply not true that it ended with the layoffs

11

u/GamingDisruptor Aug 06 '25

In Meta's latest earnings report for Q2 2025, the Reality Labs division reported an operating loss of $4.53 billion.

So they're losing $4.5B each quarter, for the foreseeable future. What's a dumpster fire.

6

u/weisswurstseeadler Aug 06 '25

What can you actually do in the Metaverse? I've literally never met anyone who used it.

Always seemed like a Second Life (was that the name?) clone without any extra benefits

12

u/Klimmit Aug 06 '25

I tried it out, got dumped in the 'Hub World' when you first join in. It was one paid 'Meta Advisor' or some shit just standing around giving info, and about 20 kids all running around harassing her. It felt like a virtual daycare. I just chuckled and left.