Why Facebook rebranding to Meta might open the gates for limitless potential
$Meta Platforms (FB.US)$
Mark Zuckerburg recently announced that facebook would now be named Meta as the company begins to transition to their next phase. The Facebook you know and love will still be there but it is under a broader umbrella company called “Meta”. Meta as we all know is in reference to the metaverse. The metaverse is a shared virtual environment that people can access online. Think of movies like “Ready player one” or “The matrix” to get some idea of what this might be.
While this might seem far fetched and something out of the movies, augmented and virtual reality has plenty of applications in the real world.
1) Gaming. Creating virtual worlds is nothing new at all. This has gain traction more now than ever in a socially distanced world due to COVID-19. Online concerts, gatherings on a virtual gaming space is happening already
2) Education: Using AR to push for on-the-job training especially with technical skills. Using smart glasses, people can now learn complex skills like being an aircraft technician etc. This also has widespread military applications
3) Telemedicine. Doctors and surgeons are able to practise simulated and realistic surgery to hone in on skills that might otherwise be difficult to practise in real life
$Meta Platforms (FB.US)$ has both the money and resources to push for this universe. It also has the biggest registry of people and so creating a universe around that does not seem all too far fetched. Facebook also acquired Oculus which is a VR glasses company to further its objectives.
What do you think of Meta? Do you think it is the step in the right direction? Comment down below!
Mark Zuckerburg recently announced that facebook would now be named Meta as the company begins to transition to their next phase. The Facebook you know and love will still be there but it is under a broader umbrella company called “Meta”. Meta as we all know is in reference to the metaverse. The metaverse is a shared virtual environment that people can access online. Think of movies like “Ready player one” or “The matrix” to get some idea of what this might be.
While this might seem far fetched and something out of the movies, augmented and virtual reality has plenty of applications in the real world.
1) Gaming. Creating virtual worlds is nothing new at all. This has gain traction more now than ever in a socially distanced world due to COVID-19. Online concerts, gatherings on a virtual gaming space is happening already
2) Education: Using AR to push for on-the-job training especially with technical skills. Using smart glasses, people can now learn complex skills like being an aircraft technician etc. This also has widespread military applications
3) Telemedicine. Doctors and surgeons are able to practise simulated and realistic surgery to hone in on skills that might otherwise be difficult to practise in real life
$Meta Platforms (FB.US)$ has both the money and resources to push for this universe. It also has the biggest registry of people and so creating a universe around that does not seem all too far fetched. Facebook also acquired Oculus which is a VR glasses company to further its objectives.
What do you think of Meta? Do you think it is the step in the right direction? Comment down below!
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Mr Trecherous : limitless crap
theschoolofmoneysg OP Mr Trecherous : How so?
Mr Trecherous theschoolofmoneysg OP :
theschoolofmoneysg OP Mr Trecherous : Hahah thanks for sharing your opinion. Each to their own I guess
Mr Trecherous theschoolofmoneysg OP : They censor any opinion that goes against their investments but let child pornography and pedophiles run free reign. Don't trust me. Do the research. Lawsuits in multiple states
theschoolofmoneysg OP Mr Trecherous : Perhaps! If a company makes questionable decisions but has good potential and strong fundamentals does it make it a bad investment? Food for thought I guess! Facebook could use a rebrand right about now anyways!
Pretty similar stuff with Chinese companies. Many investors label the country as over controlling and poor for investments so they neglect good investment opportunities because of image! A lot of investors end up sitting out despite many companies being undervalued with good growth metrics
Mr Trecherous theschoolofmoneysg OP : Never Invest in Crap
theschoolofmoneysg OP Mr Trecherous : Well investing in Facebook isn’t for everybody I guess
Mr Trecherous theschoolofmoneysg OP : Dressing my good sir