Welcome To Mark Zuckerberg’s “Metaverse” – Next Facebook Chapter Is An “Embodied Internet You Are Inside Of”

Welcome To Mark Zuckerberg’s “Metaverse” – Next Facebook Chapter Is An “Embodied Internet You Are Inside Of”
Facebook’s founder and CEO introduced Wall Street to the “Metaverse” today, a sweeping reimagining of the company over time entailing massive annual investments.

“It’s the future we are working towards. A virtual environment where you can be present with people in a digital space. An embodied Internet that you are inside of,” he said during a conference call Wednesday following Facebook’s mixed second-quarter results.

The company’s Oculus division is a pioneer in augmented and virtual reality headsets and content and it’s growing. Zuckerberg mentioned the Metaverse this week, noting plans to hire a team to develop it. But today Zuckerberg took most of the call to describe VR as Facebook’s future, “the ultimate expression of social technology” and something he’s “dreamed of building since way before I started Facebook that’s only starting to come into focus now.”

He called the Metaverse “the
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