The Metaverse is 'a grand folly' say CIOs and Zuckerberg's actions are 'terrifying'

Stuart Sumner
clock • 6 min read
Has the metaverse's time come?
Image:

Has the metaverse's time come?

With criticism coming from IT leaders, investors and the public, is the Metaverse a solution looking for a problem?

Facebook's re-branding to ‘Meta' has received widespread criticism, with over $100 billion spent so far according to some reports, and around $700 billion lost in market capitalization. Part of ...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

More on Internet

Industry Voice: How will Web3 affect the iGaming industry? 

Industry Voice: How will Web3 affect the iGaming industry? 

More security, privacy and speed will be a big boost for online betting

Media Web City
clock 04 January 2023 • 3 min read
IoT devices like Alexa speakers and apps like Zoom were unusable, but the general internet remained accessible

BT outage cuts off smart devices

The issue affected Amazon Alexa speakers, Ring doorbells and other devices.

clock 01 November 2022 • 2 min read
Internet freedoms are in decline, report

Internet freedoms are in decline, report

The Balkanisation of the web is picking up pace along with state surveillance, finds report by Freedom House

John Leonard
clock 19 October 2022 • 3 min read