Mark Zuckerberg, CEO of Meta Platforms, is facing criticism regarding the status of the Metaverse, which he had announced as the next big thing for his social media empire in October 2021. Although the Metaverse has suffered a cumulative loss of almost $24 billion, Zuckerberg remains unapologetic and committed to the project, which he now describes as a “long-term project.” He deflects any suggestions that the Metaverse is no longer a priority and insists that the company has been focusing on both AI and the Metaverse for years.
