The tech bros have been disastrously wrong about the future of technology twice since Moore’s Law broke and the endless treadmill of computer upgrades stopped: about crypto and about the metaverse. They’re desperate to not be wrong again, and they think that by spending enough money they can generate a reality distortion field that actually makes overhyped AI financially feasible. So they’re going to keep pumping the money in as long as they’ve got it. But even their wallets are finite.
As someone who has regularly used virtual worlds for 20 years, the whole Metaverse thing was so hilarious.
Like, Facebook did not invent 3D online worlds, there are 3D online worlds older than Facebook.
“But wait, metaverse is not just 3D Virtual Worlds.”
Which inecitably leads to "ok, so its just “The Internet”.
As for the “Constantly being wrong.” At somepoint, these people forgot that “having an idea” does not mean “Having a useful idea.” You hear arguments about all these flash in the pan bull shit concepts like “People said the same thing about the internet or the iPhone.” Yeah, and they said the same thing about a dozen other new idea that time forgot for every Internet or every iPhone idea that took off. Not every idea is “the next big thing”. Statisrically, most ideas are “Not ever a thing.”
The tech bros have been disastrously wrong about the future of technology twice since Moore’s Law broke and the endless treadmill of computer upgrades stopped: about crypto and about the metaverse. They’re desperate to not be wrong again, and they think that by spending enough money they can generate a reality distortion field that actually makes overhyped AI financially feasible. So they’re going to keep pumping the money in as long as they’ve got it. But even their wallets are finite.
As someone who has regularly used virtual worlds for 20 years, the whole Metaverse thing was so hilarious.
Like, Facebook did not invent 3D online worlds, there are 3D online worlds older than Facebook.
“But wait, metaverse is not just 3D Virtual Worlds.”
Which inecitably leads to "ok, so its just “The Internet”.
As for the “Constantly being wrong.” At somepoint, these people forgot that “having an idea” does not mean “Having a useful idea.” You hear arguments about all these flash in the pan bull shit concepts like “People said the same thing about the internet or the iPhone.” Yeah, and they said the same thing about a dozen other new idea that time forgot for every Internet or every iPhone idea that took off. Not every idea is “the next big thing”. Statisrically, most ideas are “Not ever a thing.”