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International Business Times UK
International Business Times UK
Business
Shyna Mae Deang

The $70B Wake-Up Call: Zuckerberg Finally Concedes the Metaverse Isn't What He Promised

Mark Zuckerberg’s latest remarks have been widely interpreted as a tacit admission that the Metaverse never became the world-changing platform he once promised, despite Meta pouring more than $70 billion into the initiative. (Credit: zuck/Instagram)

Mark Zuckerberg has reportedly delivered the clearest internal admission yet that Meta's metaverse dream is not what he promised.

After years of insisting virtual worlds would define the future of human interaction, the Chief Executive of Meta Platforms has, according to people familiar with Meta's 2026 budget meetings, acknowledged that the metaverse is ''not working' as envisioned.

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