Mark Zuckerberg envisions 1 billion people in the metaverse

Experiences in the metaverse can be more immersive than text, photos or videos, which are pervasive on Meta’s Facebook and Instagram, and so it will be a big theme for Meta over the next decade, Zuckerberg said.

In addition to its metaverse spending, Meta is investing heavily in the development of artificial intelligence, which can bolster advertising – the source of around 97% of revenue – and the company’s existing applications, Zuckerberg said.


Sign Up for NextBigWhat Newsletter