metaplatforms (GOAL 0.79%) it will continue to spend billions of dollars developing its virtual and augmented reality products, and some people aren’t happy about it.

The company’s Reality Labs segment, which is dedicated to advancing the metaverse, will account for about 20% of the tech giant’s total spending next year, according to CTO Andrew Bosworth. That’s an increase from about 18% in the third quarter. The news follows a scathing blog post from former Oculus CTO John Carmack following his resignation, criticizing the division as grossly inefficient.

Meanwhile, Meta’s core advertising business is struggling with various industry changes. With the digital ad revenue stream continuing to grow, should Meta cut its spending on Reality Labs?

The pressure for…