Zuck on buying Unity

How does Facebook make money in this world? I mean, is there an app store fee? You’re proposing to spend over time, hundreds of billions of dollars, where does that return on investment come from?

Once upon a time, $FB was the 5th fastest growing social network, and yet it came out on top. Two things made it possible: User Generated Content (UGC), and Real Identities.

Facebook has bet big on AR and VR as the next smartphone (and as potential liberation from Apple's control), so Mark Zuckerberg has naturally started saying metaverse a lot. But VR today seems to be at risk of stalling out as no more than a subset of hardcore games.

When asked to name the single biggest technological breakthrough he is anticipating in the coming years, Riccitiello picks a form of AI, not a fancy hardware platform. In particular, he expects AI technology in his field will get to the point where it will enable developers to create slick 3D environments even if they lack the skills and time to do... See more