Meta’s $70 Billion Metaverse Blunder—What Went Wrong?

Meta’s $70 Billion Metaverse Blunder—What Went Wrong?
👋 Hi, I am Mark. I am a strategic futurist and innovation keynote speaker. I advise governments and enterprises on emerging technologies such as AI or the metaverse. My subscribers receive a free weekly newsletter on cutting-edge technology.

If $70 billion buys you this, what does failure look like? Meta’s latest Horizon Worlds ad was so bad, they deleted it, but not before the internet had a field day.

Meta’s flagship metaverse project, Horizon Worlds, has cost the company billions, yet its latest advertisement showcased a lifeless VR world with awkward avatars, bizarre animations, and painful dialogue.

Even Meta’s own CTO admitted that the platform must “break out” to justify its existence, but with PS2-era graphics and no clear audience, it’s hard to see how.

Meanwhile, Meta is shifting focus to AI, suggesting even they know this virtual dream is fading. While it is good that Meta cannot get the metaverse to work, spatial intelligence will bring us a true phygital world in the coming years.

Read the full article on Forbes.

----

💡 If you enjoyed this content, be sure to download my new app for a unique experience beyond your traditional newsletter.

This is one of many short posts I share daily on my app, and you can have real-time insights, recommendations and conversations with my digital twin via text, audio or video in 28 languages! Go to my PWA at app.thedigitalspeaker.com and sign up to take our connection to the next level! 🚀

upload in progress, 0

If you are interested in hiring me as your futurist and innovation speaker, feel free to complete the below form.

I agree with the Terms and Privacy Statement
Dr Mark van Rijmenam

Dr Mark van Rijmenam

Dr. Mark van Rijmenam, widely known as The Digital Speaker, isn’t just a #1-ranked global futurist; he’s an Architect of Tomorrow who fuses visionary ideas with real-world ROI. As a global keynote speaker, Global Speaking Fellow, recognized Global Guru Futurist, and 5-time author, he ignites Fortune 500 leaders and governments worldwide to harness emerging tech for tangible growth.

Recognized by Salesforce as one of 16 must-know AI influencers , Dr. Mark brings a balanced, optimistic-dystopian edge to his insights—pushing boundaries without losing sight of ethical innovation. From pioneering the use of a digital twin to spearheading his next-gen media platform Futurwise, he doesn’t just talk about AI and the future—he lives it, inspiring audiences to take bold action. You can reach his digital twin via WhatsApp at: +1 (830) 463-6967.

Share