This may just prove that I’m an out of touch old fogey, but I never cared for the metaverse hype and am not surprised it failed. Yes Meta, the company which renamed itself for the metaverse, hasn’t yet admitted defeat, but at this point I’m willing to say it failed. The metaverse was never explained to me in a way that made it seem both feasible and viable. “Imagine you could train surgeons in the metaverse, they wouldn’t need to train on Cadavers and Patients!” Yes, imagine the quantum leap in technology that would be required to allow for that kind of haptic feedback. Because it isn’t enough to know where everything is and what it looks like, knowing how much resistance the body gives to you as you force your way into it is also very important, and you don’t get that playing VR Surgery. “Imagine you could go to the office in the metaverse!” Why would I want to do work with a VR headset on my head?

I know I’m more than a year late to the party, but I never understood just what the metaverse was supposed to be or accomplish. To some people it was a Sci-Fi future like the matrix (impossible). And to others, it was clearly just a solution in search of a problem. But the most audacious thing is that for a while, it seems every company wanted to be a Metaverse company. I was recently pointed to a hilarious ETF themed for the metaverse. They’ve got Meta in their, that’s fine. They’ve got AMD and nVidia, yeah I guess graphics cards would be needed. Then they have Coinbase. Why the hell is Coinbase a metaverse company? I looked it up and some people were trying to tie “Web3” to the Metaverse, and that crypto would be the currency of the Metaverse. Crypto cannot even reliably operate as a currency of any kind, so it sure isn’t taking over the Metaverse.

Then it seems that every gaming company of any size was a metaverse company. EA, Take Two, Nintendo? Yeah, they made the Virtual Boy, so I guess they know what a shitshow VR headsets can be. But if the best people could think of for the metaverse was VR gaming then that says a lot about how little though was even put into the concept.

Now, Web3 and Crypto in general are already their own solution in search of a problem, but nothing every dies with a bang, it just fades away. And I think we’ll have a long time yet before Crypto and “The Metaverse” finally fade. Even after Facebook realizes how terrible their new name is, some other company will probably take up the banner to scam investors. But I cannot ever see myself replacing my gaming PC or any human interaction with a VR headset.