Meta's Irony: From Metaverse to Mass Layoffs
The Metaverse, a term coined from Neal Stephenson’s 1992 techno-dystopian novel “Snow Crash,” has been a topic of discussion in the tech industry for years. It was envisioned as a new frontier, a virtual reality space where users could interact in a simulated universe. Meta, formerly known as Facebook, aimed to lead this virtual revolution by building a future where work and social interactions could be conducted from anywhere in an immersive 3D world.