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zdyn5 | 2 years ago

What are you talking about? He directly addressed it a couple times and ended his remarks on it: “Moving onto our product roadmap, I've said on a number of these calls that the two technological waves that we're riding are AI in the near term and the metaverse over the longer term.” “As our investments in AI continue, we remain fully committed to the metaverse vision as well. We've been working on both of these two major priorities for many years in parallel now, and in many ways the two areas are overlapping and complementary. The next big thing on the Reality Labs side is the launch of our Quest 3…” Source: https://s21.q4cdn.com/399680738/files/doc_financials/2023/q2... From the press release you linked: “Finally, for Reality Labs, we expect operating losses to increase meaningfully year-over-year due to our ongoing product development efforts in augmented reality/virtual reality and investments to further scale our ecosystem. “ They’re digging in even deeper, despite the incorrect superficial perception they’re done with it.

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