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Tech

Meta’s metaverse investment fails to halt VR decline

Published

7 months ago

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Meta’s lavish spending in the metaverse isn’t enough to stave off the ongoing contraction of the virtual reality market.

Despite pouring billions of dollars into their ambitious metaverse project, VR’s popularity continues to dwindle.

Experts had high hopes for Meta’s metaverse initiative, believing it would rejuvenate the VR industry. However, recent data shows that VR headset sales have declined for the third consecutive quarter. This begs the question: Can Meta’s massive investments truly reverse the tide?

While Meta remains dedicated to building a metaverse that integrates VR, AR, and social experiences, consumers seem less enthusiastic about traditional VR. Is the future of VR inextricably tied to the metaverse, or are there alternative paths for its resurgence?

Meta’s CEO, Mark Zuckerberg, remains undeterred, pledging even more funds to develop the metaverse. But as VR loses its appeal to mainstream consumers, will these investments be enough to keep the metaverse dream alive?

As the VR market continues to shrink, one thing is clear: Meta’s deep pockets alone may not be sufficient to prevent the decline. It’s a critical juncture for the tech giant as it strives to redefine the future of virtual experiences.

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Tech

Deadpool & Wolverine movie seeks to break Disney’s streak of comic book flops

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22 hours ago

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July 26, 2024

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A new hope for Disney’s comic book universe.

 

The upcoming Deadpool & Wolverine movie aims to revitalise Disney’s comic book adaptations, breaking the recent streak of underperforming titles on Disney Plus. Despite high expectations, series like She-Hulk: Attorney at Law and Secret Invasion failed to capture audiences, leaving fans eager for a blockbuster hit. With iconic characters and a promise of thrilling action, this film is set to reinvigorate the franchise and restore faith in Disney’s comic book ventures.

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News

AI enters the Big Brother house, raising concerns around the truth of reality TV

Published

3 days ago

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July 24, 2024

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How will the integration of AI into reality TV impact audience engagement and what role will this have on the future of entertainment?

The latest season of Big Brother has left fans scratching their heads with the introduction of Big Brother AI, also knowns as BB AI, taking centre stage.

Tom Finnigan from Talkingbrands.ai joins to discuss all the curious AI cases of the week. #featured

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Leaders

UN initiative aims to set international standards for AI ethics

Published

3 days ago

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July 24, 2024

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The United Nations has launched a comprehensive initiative aimed at establishing international guidelines for the governance of artificial intelligence.

The UN seeks to address ethical concerns, regulatory frameworks, and human rights implications associated with AI advancements.

Dr. Karen Sutherland from the UniSC joins to discuss the latest. #featured

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