Meta Shifts Focus from Metaverse to AI Wearables, Lays Off 10% of Reality Labs
Meta's Shift in Focus
Meta, the parent company of Facebook, Instagram, and WhatsApp, has made a significant shift in its focus from the metaverse to AI wearables. As part of this change, the company is closing three VR studios and laying off roughly 10% of its Reality Labs team.
Reason for the Shift
The reason behind this shift is Meta's desire to focus on AI wearables, which it believes will be its next big thing. In an effort to achieve this goal, the company is redirecting its resources and talent to work on AI-powered wearables.
Impact on Reality Labs
The closure of the three VR studios and the layoffs at Reality Labs will undoubtedly have a significant impact on the company's metaverse ambitions. The metaverse, a virtual world where users can interact with each other and digital objects, was a key focus area for Meta in recent years.
What's Next for Meta?
With this shift in focus, Meta is betting big on AI wearables. The company believes that AI-powered wearables will revolutionize the way we interact with technology and each other. While this is an exciting development, it remains to be seen how successful Meta will be in its pursuit of AI wearables.