Aiden: It’s clear to me that Disney has finally had an epiphany about the metaverse and needs to play catch up to the company Meta, formally Facebook, which is spending $1 billion a month on developing the Metaverse across its platforms. Again, $1 billion every single month—a staggering amount!
And Mark Zuckerberg continues to invest huge amounts of money in the metaverse even though it has produced NO revenue yet. That’s close to a $40 billion investment so far by Meta with NO profits. Maybe he knows something we don’t, and something that Disney is finally learning to play catch-up.
Check out this story by Gizmodo.
https://gizmodo.com/meta-facebook-mark-zuckerberg-metaverse-q4-earnings-1850061189