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(Except of course the billions of dollars spent building it)
That's the only thing I like about this situation. That money went to the people who worked on the project.
Did it really or did it just grow market caps
it wasn’t meta spending on privacy invading crap that sticks around so whether it ended up as salaries or fake money it didn’t go directly to bad things
Seems unlikely that zero of that investment benefitted projects like the upcoming Steam Frame.
How would the Steam Frame have benefited from Meta's funding?
Because they were able to learn from the technology that was created.
They already had the valve index VR headset released 2 years before Meta's metaverse became a focus in 2021
...which is different from the Stream Frame.
Then they all get laid off. And they lose their health insurance. And their houses get foreclosed on.
But, for time they had employment and the money wasn't going to a yacht maintenance crew and hookers
Holy tax write-offs, Batman!