Mark Zuckerberg has a message for all his metaverse critics: he doesn’t care what you think. Not only is he not cutting back on investments in augmented and virtual reality to account for the economic downturn, but he plans to spend even more money! Reporting third-quarter earnings on Wednesday, Facebook owner Meta Platforms, which showed an impressive 4% drop in revenue, revealed that losses in the Reality Labs division that develops augmented reality and virtual reality equipment for the futuristic metaverse were up 31% from the second quarter.

That puts the metaverse’s annualized investment at nearly $15 billion, well above the $10 billion annual figure the company had previously given. Furthermore, losses will “grow significantly” next year, Meta said. And that’s just part of a continued increase in investment…