Too Long; Didn't Read
Key Takeaways: 1. Rather than looking at Facebook’s move into the Metaverse from just a rebranding standpoint, this is a distribution move. And a move to guarantee the survival of the company. 2. The swift move by Apple’s new privacy policy is accelerating the investments in AR/VR as a few tech companies (Facebook and Snapchat primarily) might face survival threats in the comings years. This, in turn, might lead to a forced development of the “Metaverse” and the reshaping of the whole tech industry’s landscape. 3. A Metaverse might be much more of what was envisioned by Facebook, to comprise an additional layer of ownership through blockchain technologies, to enable ownerhsip to be distributed, decentralized, portable, and controlled by each user.