But how long can such investments continue given the current circumstances? For all their expense and manpower, early versions of products like Worlds have been ridiculed; for example, when Zuckerberg showed a remarkably unimpressive screenshot of her own avatar, or when Meta was forced to admit that she doesn’t know how to track people’s legs.

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First impressions of the Meta Quest Pro, a very expensive device that tries to reinvent the Quest 2 for work, haven’t been bright either.

Meta is moving towards its goals, but slowly and while bleeding a lot of money. It could be 10 years before we find out if there’s an audience for the kind of systems it’s developing, while Reality Labs is losing about $14 billion every year and dragging down Meta’s stock,…