© Reuters. Xbox CEO Says Metaverse Is Like “A Bad Game”
In the recent Live Tech forum, organized by the Wall Street Journal, the CEO of Microsoft (NASDAQ 🙂 Gaming and Xbox, Phil Spencer, felt that the metaverse is like a “poorly constructed game” and that its current design does “not want to. spend time there “.
The Xbox CEO said the following at the WSJ Tech Live 2022 forum:
“When I think of video games, we have been bringing people together in 3D spaces for years to save the world from alien invasion or take over the castle. By building a metaverse that looks like a boardroom, I find that it’s not where I want to spend most of my time. “
The Xbox CEO tried the Meta (NASDAQ 🙂 headphones and expressed that his first impression is not the best, and even thought that the metaverse “doesn’t have to be a workspace”, much less a meeting room. which he called foolish.
“Video game creators have an incredible ability to build compelling worlds in which we want to spend time. For me to build a metaverse that looks like a meeting room … “
He wasn’t the only technology CEO to question the current metaverse development. Snap CEO (NYSE 🙂 (Snap Chat) Evan Spiegel called the experience “living inside a computer,” agreeing with Greg Joswiak, Apple’s senior vice president of global marketing (NASDAQ :), who even said that the metaverse “is a word you won’t want to use.”
Phil Spencer elaborated on the following:
“I tease him a little bit by saying it’s a bad video game. I think we are early. But he feels that, over time, the metaverse will end up looking a lot more like video games than some of the models I see for the metaverse today. “
In a previous analysis, Activate Technology revealed that the hype for non-fungible tokens (NFTs) and the metaverse is over, and that both industries will need specific business interest in the future.
Additionally, the report revealed the change in the demographics of current NFT market participants. It defines attendees as those who “have researched, discussed, browsed, offered, bought, viewed, sold or created NFTs in the past 12 months.”
Gamers in China, Japan and South Korea collectively spent 30 hours a month playing video games like Roblox, Minecraft, and Fortnite that have certain elements of the metaverse.
The Xbox CEO post claims that the Metaverse is like “A Badly Made Game” was first seen on BeInCrypto.
