Chapter
The Massive Cost of Building the Metaverse
31:18 - 39:54 (08:36)
As Facebook rebrands as Meta to build the metaverse, their ambitions come with a massive price tag. Estimates suggest that creating the necessary infrastructure and capabilities could cost as much as the entire Apollo program in today's dollars.
Clips
The podcast discusses an open letter sent by Brad to Zuckerberg about the future of big tech and talks about the era of big tech being over and its impact on the stock market.
31:18 - 33:04 (01:46)
Summary
The podcast discusses an open letter sent by Brad to Zuckerberg about the future of big tech and talks about the era of big tech being over and its impact on the stock market.
ChapterThe Massive Cost of Building the Metaverse
EpisodeE102: Elon closes Twitter deal, $META uncertainty, Zuck's historic bet, big tech decline & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The performance of Apple's stock as Facebook's massive dispersion was uncovered causing it to fall off a cliff, as they've spent $396 billion since 2016 to buy back stock.
33:04 - 35:06 (02:02)
Summary
The performance of Apple's stock as Facebook's massive dispersion was uncovered causing it to fall off a cliff, as they've spent $396 billion since 2016 to buy back stock.
ChapterThe Massive Cost of Building the Metaverse
EpisodeE102: Elon closes Twitter deal, $META uncertainty, Zuck's historic bet, big tech decline & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Metta's planned spending on advertising will increase to $25 billion by 2023, creating immense pressures for them above the line, and the only comparable spending was the entire Apollo program.
35:06 - 39:54 (04:47)
Summary
Metta's planned spending on advertising will increase to $25 billion by 2023, creating immense pressures for them above the line, and the only comparable spending was the entire Apollo program.