WeMeta: the median price per square meter of land in Decentraland has dropped from ~$45 in 2022 to $5 in 2023, as the hype around the metaverse has receded
but Lyft's New CEO Has It Worse Mastodon: Mike Elgan / @MikeElgan@mastodon.social : Word of the moment: “meh-taverse” — https://www.wsj.com/... Matt Navarra / @mattnavarra@mastodonapp.uk : The Metaverse Is Quickly Turning Into the Meh-taverse — “What many people are coming to realize is that this transformation is farther away” - Matthew Ball, Metaverse expert — https://www.wsj.com/... Tweets: @kris10parisi : Love this hed. No notes. Meta's tried to sell corporate America so hard on the metaverse workplace but does anyone really want that? https://www.wsj.com/... Michael J. Miraflor / @michaelmiraflor : I have a lot of thoughts about this. Wish the article talked about some of the great stuff being done (with young audiences at scale) by brands on Roblox, for example. The “Meh-taverse” is a much tougher pivot for giant publicly traded companies. https://www.wsj.com/... Henry Blodget / @hblodget : No one wants a “Metaverse workplace.” If you're remote, Zoom or phone are plenty. And it's a pain and woozy-making to wear those goggles for even 10 minutes, let alone all day. https://twitter.com/... Eklovya Jain / @eklovyajain : The current reality of virtual real estate.. “median price per square meter in Decentraland has dropped from about $45 a year ago to $5.” https://www.wsj.com/... Meghan Bobrowsky / @meghanbobrowsky : 18 months ago, companies were hyped about the metaverse now, they're in cost-cutting mode and metaverse-related projects/staff are some of the first to go “if they need to reduce head count ... this kind of category would seem to be a pretty easy target” https://www.wsj.com/... Jesse Felder / @jessefelder : ‘Meta has spent billions trying to build out the metaverse since changing its name. But its flagship app, Horizon Worlds, has struggled to gain and retain users and sales of its Quest 2 virtual-reality headsets were down in the most recent quarter.’ https://www.wsj.com/... Shefaly Yogendra, PhD / @shefaly : The metaverse is quickly turning into the meh-taverse, with Disney and Microsoft closing projects tied to the digital realm this month. (If you're Indian the headline lands differently from intended.) cc @gauravsabnis @Makarand_S https://www.wsj.com/... @firpointwolf : RIP Decentraland https://www.wsj.com/... Emily Phillips / @emdwntwn_baird : Meh is right. https://www.wsj.com/... Nick Lippis / @nicklippis : Never did get the Metaverse. Thought it was a generational thing, but seems like others have been scratching their heads too. https://www.wsj.com/... Gianluca Brugnoli / @lowresolution : The metaverse that was the hot thing in tech less than two years ago has quickly cooled down. Major tech companies are cutting Metaverse investments and teams to focus on generative AI. https://www.wsj.com/... @toddbarnard : Do a Twitter search for web3 and see the hyperbolic tweets from 12 months ago that touted web3 as “the technology that will have an order of a magnitude more impact on society than the invention of electricity!!1!” Sound familiar? https://www.wsj.com/... Net Jacobsson / @net : I never believed in the metaverse. It's a lifeless , empty .boring & sad existence. https://www.wsj.com/... Lara Mulady / @laramulady : OMG the meh-taverse Give @MeghanBobrowsky a raise right now https://www.wsj.com/... Liz Essley Whyte / @l_e_whyte : Headline 👏🏻👏🏻👏🏻 https://www.wsj.com/...
The Metaverse Is Quickly Turning Into the Meh-taverse — “What many people are coming to realize is that this transformation is farther away” - Matthew Ball, Metaverse expert — https://www.wsj.com/...
The current reality of virtual real estate.. “median price per square meter in Decentraland has dropped from about $45 a year ago to $5.” https://www.wsj.com/...
Love this hed. No notes. Meta's tried to sell corporate America so hard on the metaverse workplace but does anyone really want that? https://www.wsj.com/...
I have a lot of thoughts about this. Wish the article talked about some of the great stuff being done (with young audiences at scale) by brands on Roblox, for example. The “Meh-taverse” is a much tougher pivot for giant publicly traded companies. https://www.wsj.com/...
No one wants a “Metaverse workplace.” If you're remote, Zoom or phone are plenty. And it's a pain and woozy-making to wear those goggles for even 10 minutes, let alone all day. https://twitter.com/...
18 months ago, companies were hyped about the metaverse now, they're in cost-cutting mode and metaverse-related projects/staff are some of the first to go “if they need to reduce head count ... this kind of category would seem to be a pretty easy target” https://www.wsj.com/...
‘Meta has spent billions trying to build out the metaverse since changing its name. But its flagship app, Horizon Worlds, has struggled to gain and retain users and sales of its Quest 2 virtual-reality headsets were down in the most recent quarter.’ https://www.wsj.com/...
The metaverse is quickly turning into the meh-taverse, with Disney and Microsoft closing projects tied to the digital realm this month. (If you're Indian the headline lands differently from intended.) cc @gauravsabnis @Makarand_S https://www.wsj.com/...
The metaverse that was the hot thing in tech less than two years ago has quickly cooled down. Major tech companies are cutting Metaverse investments and teams to focus on generative AI. https://www.wsj.com/...
Do a Twitter search for web3 and see the hyperbolic tweets from 12 months ago that touted web3 as “the technology that will have an order of a magnitude more impact on society than the invention of electricity!!1!” Sound familiar? https://www.wsj.com/...