Saved by Sam Blumenthal
Facebook's Future
A (Very Long) Screenshot Essay on Meta & The Innovator's Dilemma https://t.co/Uq7dVPuwmg
Facebook has bet big on AR and VR as the next smartphone (and as potential liberation from Apple's control), so Mark Zuckerberg has naturally started saying metaverse a lot. But VR today seems to be at risk of stalling out as no more than a subset of hardcore games.
Benedict Evans • Metaverse! Metaverse? Metaverse!! — Benedict Evans
Meta, after spending a lot of money in the Metaverse, VR, AR, glasses, etc ., and frankly being criticised and frowned upon , may actually have its best shot in actually owning a “truly-independent Consumer platform” .
The Artificial Investor #60: From smart glasses to AGI: what the latest AI breakthroughs mean for founders and inv…
Bill thinks that the metaverse premise is wrong; he does not think the metaverse will become the next platform or the next smartphone Bill thinks Facebook’s stock would double if it ditched its VR initiative.
Tim Ferriss • Legendary Investor Bill Gurley on Investing Rules, Finding Outliers, Insights from Jeff Bezos and Howard Marks, Must-Read Books, Creating True Competitive Advantages, Open-Source Strategies, Adapting Mental Models to New Realities, and More (#651) - The Blog of Author Tim Ferriss
The distribution channels that underpinned the rise of today’s Internet giants have dried up. Google, Facebook, and Amazon serve as a triopoly that dominates online advertising. The three accounted for 90% of US digital advertising in 2020, up from 80% in 2019. The arbitrage that once existed on these platforms has more or less disappeared and CPMs... See more