Comment on Meta has discontinued its metaverse for work, too

ExLisper@lemmy.curiana.net ⁨2⁩ ⁨days⁩ ago

• JensSpahnpasta@feddit.org ⁨2⁩ ⁨days⁩ ago

  It’s actually crazy that you can burn $100B in a project that everybody mocked from the beginnings and still be CEO after that while having earned billions in compensation

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  • Soup@lemmy.world ⁨2⁩ ⁨days⁩ ago

    Hell, it’s fucking insane that we have to earn our bonuses and they still fucking suck yet these people will get millions after fucking it all up. Imagine if a regular worker failed this hard and was like “so where’s my $15,000 Christmas bonus?”

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    • SeductiveTortoise@piefed.social ⁨2⁩ ⁨days⁩ ago

      I didn’t fuck up and only got a tenth of that.

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      • TheEEEdiot@sh.itjust.works ⁨2⁩ ⁨days⁩ ago

        You guys are getting Christmas bonuses?

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      • Soup@lemmy.world ⁨2⁩ ⁨days⁩ ago

        I didn’t fuck up and I always got the “default” $500CAD.

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    • muusemuuse@sh.itjust.works ⁨2⁩ ⁨days⁩ ago

      Some of us only get a membership to the jelly of the month club.

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  • Alpha71@lemmy.world ⁨1⁩ ⁨day⁩ ago

    this is what’s called “holding a controlling interest.”

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• 9488fcea02a9@sh.itjust.works ⁨2⁩ ⁨days⁩ ago

  imagine would would happen if this money went to the workers instead…

  where do you think the money went? I imagine a lot of it went to workers salaries…

  [sweating profusely] Developers! Developers! Developers! Developers! Developers!

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  • MajorasMaskForever@lemmy.world ⁨1⁩ ⁨day⁩ ago

    I hope this meme never dies, but I fear it’s already reaching obscurity

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    • 9488fcea02a9@sh.itjust.works ⁨1⁩ ⁨day⁩ ago

      I only learned about it 3 weeks ago… trying yo keep it alive

      I’M DOING MY PART

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  • ExLisper@lemmy.curiana.net ⁨2⁩ ⁨days⁩ ago

    You’re right, a lot of it probably went to the devs but from what I’m reading the cash burn is so bad because it’s extremely chaotic in there, lot’s of bad decisions, canceled projects, lot’s of directors swapping places. No idea what part of it went to low ranking devs and what went to consultants and building useless prototypes.

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    • rothaine@lemmy.zip ⁨1⁩ ⁨day⁩ ago

      My understanding is that Facebook’s culture is very cutthroat. Throw other people under the bus, try to make your rivals’ project fail, do a huge unnecessary refactor to “make a name” for yourself, that sort of stuff.

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• Damage@feddit.it ⁨2⁩ ⁨days⁩ ago

  imagine would would happen if this money went to the workers instead

  imagine if they used it develop poor countries

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• Rekorse@sh.itjust.works ⁨2⁩ ⁨days⁩ ago

  My guess is they collected enough unique data from people using the headsets that its a wash.

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  • ExLisper@lemmy.curiana.net ⁨2⁩ ⁨days⁩ ago

    No, from what I’m reading they just pump money into it senselessly. VR/AR devices are $1B a year market and they pumped like $18B into it in a year. They just don’t care because they make so much money they can burn it.

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