Economist Dean Baker calls Mark Zuckerberg losing $77 billion on Metaverse broader economic failure that ...

Economist Dean Baker slammed Mark Zuckerberg's $77 billion Metaverse investment as a colossal waste, arguing it diverted crucial resources from societal needs like affordable housing. Meanwhile, Meta is aggressively pursuing AI, evidenced by its third-largest acquisition, Manus, to bolster its chatbot and compete with tech giants.

Economist Dean Baker calls Mark Zuckerberg losing $77 billion on Metaverse broader economic failure that ...
Economist Dean Baker slammed Mark Zuckerberg's $77 billion Metaverse investment as a colossal waste, arguing it diverted crucial resources from societal needs like affordable housing. Meanwhile, Meta is aggressively pursuing AI, evidenced by its third-largest acquisition, Manus, to bolster its chatbot and compete with tech giants.