Meta’s attempt at cornering the metaverse will “misfire” largely because nobody can come up with what the term actually means, according to Ethereum creator Vitalik Buterin.
In a Twitter thread discussing how the metaverse might look, he said corporate projects currently underway don’t look promising, and he specifically criticized Meta, the tech giant founded and run by Mark Zuckerberg, using the company’s former name.
“We don’t really know the definition of ‘the metaverse’ yet, it’s far too early to know what people actually want,” Buterin said in a tweet. “So anything Facebook creates now will misfire.”
The metaverse is often described as an evolution of today’s internet, centered around immersive 3D worlds and online communities where people interact by using virtual reality headsets and augmented forms of reality.
While Buterin isn’t sold on how corporations envision the metaverse, he did describe its establishment as a somewhat inevitable step in the progression of today’s technology.
“The ‘metaverse’ is going to happen,” Buterin continued. “But I don’t think any of the existing corporate attempts to intentionally create the metaverse are going anywhere.”