Oculus founder Palmer Luckey likens Facebook’s metaverse to a “project automobile,” with Mark Zuckerberg chasing an expensive passion project that no one thinks is invaluable.

Metaverse

Oculus founder Palmer Luckey likens Facebook’s metaverse to a “project automobile,” with Mark Zuckerberg chasing an expensive passion project that no one thinks is invaluable.

w3badmin

October 25, 2022

Oculus founder Palmer Luckey likens Facebook’s metaverse to a “project automobile,” with Mark Zuckerberg chasing an expensive passion project that no one thinks is invaluable.

Source: news.google.com

Oculus founder Palmer Luckey displays an Oculus Touch ticket during an event in San Francisco, California June 11, 2015. REUTERS/Robert Galbraith — Palmer Luckey, founder of Oculus, shows off an Oculus Touch ticket during an event in San FranciscoThomson Reuters

Luckey founded Oculus and sold it to Facebook for $2 billion in 2014.
He wants the metaverse to be built, but says Facebook’s current product, Horizon, “isn’t good.”
Still, Luckey sees the possibility for the company to succeed in the future.

Palmer Luckey isn’t a fan of what Mark Zuckerberg has produced for the metaverse so far, though he thinks it could eventually catch on.

The Oculus founder, speaking Monday during The Wall Street Journal’s Tech Live conference, said of Horizon Worlds, the flagship product of Facebook’s metaverse: “I don’t think it’s a good product.”

Luckey sold Oculus, a virtual reality startup, to Facebook in 2014 for $2 billion. That is part of an investment of more than…