Meta's CTO, Andrew Bosworth, likens the confusion surrounding the term "metaverse" to the early ambiguity of the internet. Despite billions of dollars invested and a company rebrand, Meta's metaverse has not gained the traction initially anticipated. Bosworth addressed the public's confusion during an Instagram Q&A session. - He reassured viewers that the lack of a clear definition for "metaverse" is normal for new technologies.
- Bosworth compared the current uncertainty around the metaverse to the initial confusion about the internet in the early 1990s.
- He admitted that Meta did not expect the term "metaverse" to attract as much attention as it did following the company's rebrand.
- Despite the initial hype, Meta's metaverse has not taken off as expected, leading to layoffs in the Reality Labs division.
Some experts suggest that any metaverse hype partially exists specifically because people don't understand what it will be. | 