Thoughts on Meta and the Metaverse
"So the metaverse will look like this right?" "Yep" People have been asking me what my view on Facebook.. er Meta and the VR metaverse is. That is sadly like someone saying "hey Bryn you are a big nerd what do you think?" Anyway. So this is what I think about one part since you kind of asked. I have to build up to what I think by kind of showing where we are as I see it. Right now we have massive companies making record profits using algorithms to make money through advertising. In 2020, about 97.9 percent of Facebook's global revenue was generated from advertising, Facebook ad revenue stood at close to 86 billion U.S. dollars. Advertising accounts for the majority of Google's revenue, which amounted to a total of 256.73 billion U.S. dollars in 2021. Now lets look at how that is done. When someone puts an ad in a newspaper they are hoping someone, who wants to buy their product, is reading the paper and sees the ad.
