Source: news.google.com
Dan Newman, Principal Analyst and Founding Partner at Futurum Research, gives his thoughts on what Mark Zuckerberg got wrong with the launch of Metaverse.
Dan’s thoughts:
Mark Zuckerberg didn’t get much right last year. The whole meta debacle was a huge flop, but not because companies don’t need to make big bets. It’s because he went all-in without focusing on that core product. Companies like Alphabet have time and again invested in big and bold projects, but they have never strayed from the core business. Alphabet still understands your search. AWS is focused on its business in the cloud. That’s where your choice comes from. For meta, he engaged with this 10-year vision, and meanwhile, TikTok was taking customers. He was losing his essence…
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