![\"Oculus](\"https:\/\/wp-assets.futurism.com\/2022\/10\/founder-oculus-zuckerberg-metaverse-300x158.png\")
<\/div>Product Pains<\/h2>
Meta-formerly-Facebook<\/a> CEO Mark Zuckerberg is doubling down on his vision of the metaverse, a VR-based playground that hasn't made much headway<\/a> in justifying its own existence so far.<\/p> Among its many critics, one stands out particularly: Palmer Luckey, the founder of Oculus, which was bought by Facebook for $2 billion back in 2014, and who seems to hate what Zuckerberg has done with it since.<\/p> \"I don't think it's a good product,\" he told the audience during The Wall Street Journal<\/em>'s Tech Live conference on Monday, as quoted by Insider<\/em><\/a>.<\/p> \"It's not good, it's not fun,\" Luckey said, referring to Meta's Horizon Worlds, a crude and reportedly deserted<\/a> virtual world meant to facilitate social gatherings and business meetings. \"Most people on the team would agree it's not a good product.\"<\/p> It's a noteworthy perspective, considering Luckey and Oculus laid the early groundwork for Meta's Quest lineup of VR devices, a key component of the company's pivot to the metaverse. And, it's worth pointing out, he left room open for the vision to ultimately succeed.<\/p> \"It is terrible today, but it could be amazing in the future,\" he said. \"I think Mark will put in the money to do that.\"<\/p> It's also yet another outspoken Facebook veteran speaking their mind on Zuckerberg's audacious pivot, a $15 billion gamble that has clearly spooked investors. Earlier this month, top Facebook consultant John Carmack voiced his discontent<\/a>, revealing that \"there's a bunch that I'm grumpy about,\" and criticizing the company's strategy in selling a VR-based virtual world to the masses.<\/p> The company has been put through the wringer as a result of Zuckerberg's new passion project. The company's metaverse division has reportedly been bleeding billions of dollars<\/a> this year.<\/p> According to internal documents obtained by the Wall Street Journal<\/em><\/a> this month, most Horizon Worlds users failed to return to the company's flagship metaverse space after just one month of use.<\/p> The company's goal was to obtain half a million active users by the end of 2022, but according to the documents, it has yet to crack 200,000.<\/p> In short, it's no wonder Facebook veterans are coming out to criticize Zuckerberg's metaverse obsession.<\/p> During this week's conference, Luckey stopped short from predicting a total Meta implosion. Instead, he compared the metaverse to a \"project car.\"<\/p> \"You hack at it and maybe no one else sees the value,\" Luckey said. \"Will they stumble? Yeah sure.\"<\/p> \"Will they waste money? Will they add things to their project car that they later hack off?\" he added. \"Yes.\"<\/p> Updated with an additional quote by Luckey.<\/em><\/p> READ MORE: <\/strong>Oculus founder Palmer Luckey compares Facebook's metaverse to a 'project car,' with Mark Zuckerberg pursuing an expensive passion project that no one thinks is valuable<\/a> [Insider<\/em>] More on the metaverse: <\/strong>Top Facebook Consultant Admits That the Metaverse Is Absolutely Terrible<\/a><\/em><\/p> The post Founder of VR Company That Facebook Bought Roasts Zuckerberg's Metaverse<\/a> appeared first on Futurism<\/a>.<\/p> Read the original here: Product Pains Meta- formerly-Facebook CEO Mark Zuckerberg is doubling down on his vision of the metaverse, a VR-based playground that hasn't made much headway in justifying its own existence so far. Among its many critics, one stands out particularly: Palmer Luckey,\u00a0the founder of Oculus, which was bought by Facebook for $2 billion back in 2014, and who seems to hate what Zuckerberg has done with it since. \"I don't think it's a good product,\" he told the audience\u00a0during The Wall Street Journal 's Tech Live conference on Monday, as quoted by Insider Continue reading Meta Mind<\/h2>
Project Car<\/h2>
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Founder of VR Company That Facebook Bought Roasts Zuckerberg's Metaverse<\/a><\/p>","protected":false},"excerpt":{"rendered":"