Man who gave Mark Zuckerberg the word ‘Metaverse’ and watched him lose $80 billion, has advice for him: Pick a…

Neal Stephenson, the author who coined “metaverse,” says Meta’s $80 billion VR failure was largely self-inflicted. He argues the real metaverse never needed goggles—Fortnite, Roblox, and Minecraft already are the metaverse, with hundreds of millions of users to prove it. He also says people will never consistently wear things on their faces. His advice to…

Read More

Perplexity CEO Aravind Srinivas wants everyone to believe that AI layoffs are not so bad because they will allow people to …

Perplexity AI CEO Aravind Srinivas (R) As tech leaders are warning about mass unemployment due to AI, Perplexity CEO Aravind Srinivas is now offering a more optimistic view. According to a report by Fortune, speaking on the AII-In podcast recoded at the recent Nvidia GTC event, Srinivas argued that AI-driven layoffs should not be feared,…

Read More

As Mark Zuckerberg’s Meta announces stock options to its key leaders, company ‘makes it clear’: These pay packages will not be realized unless Meta …

Facebook-parent Meta is reportedly granting stock options to key leaders in an effort to retain talent. According to a CNBC report, the company has made multiple filings with the US Securities and Exchange Commission (SEC) revealing names of executives involved in the incentive plan. These include CFO Susan Li, technology chief Andrew Bosworth, Chief Product…

Read More