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Mark Zuckerberg on His Big Metaverse Bet

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Meta CEO Mark Zuckerberg.

"Whether it looks like a big bet today or not, I just think it is inevitable that something like [the metaverse] needs to get invented." -Mark Zuckerberg

Credit: Eliot Blondet/Abaca/Sipa via AP Images

Meta is spending billions of dollars a year on the development of next-generation augmented and virtual reality (VR) devices and the software that will run on them, as well as all-new social VR platforms like Horizon to rival gaming giants and Web3 startups. In an interview, Meta CEO Mark Zuckerberg says it's all worth it.

"I want to live in a world where big companies use their resources to take big shots," he says in exclusive conversation about the company's investments in the metaverse, how it compares to Facebook's transition to mobile a decade and a half ago, why Meta's social VR world Horizon is a walled garden for the time being, and how he eventually wants to open the doors to those platforms over time.

From Protocol
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