this post was submitted on 16 Sep 2023
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Facebook's VR Headset Not Selling, Literally Giving It Away (news.yahoo.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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Facebook's VR Headset Not Selling, Literally Giving It Away::Last fall, Meta-formerly-Facebook unveiled its Meta Quest Pro, a long-rumored, higher-end follow-up to the company's best-selling Quest 2 VR headset. The sleek device, which initially went on sale for an eye-watering $1,500, has really struggled to catch on since then, just as we predicted at the time. And, as Mixed Reality News reports, Meta is […]

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[–] LazaroFilm@lemmy.world 6 points 1 year ago (1 children)

Now they have to show rising numbers to shareholders quarterly. They can’t play the long game anymore. They need results every quarter, even if it sinks the company on the long run.

[–] luciferofastora@lemmy.zip 7 points 1 year ago (1 children)

Capitalism was a mistake. The only innovation it breeds is how to exploit things for money.

[–] LazaroFilm@lemmy.world 6 points 1 year ago (2 children)

It works when the company is growing. But when it has reached 100% of their potential users, the only growth is greed and that’s where it fails.

[–] Not_Alec_Baldwin@lemmy.world 4 points 1 year ago

See: instant pot

[–] luciferofastora@lemmy.zip 2 points 1 year ago

One of my favourite song lyrics regarding this is "wild growth is called cancer"* - growing is fine, but if you need to keep growing to sate investors' demands for more and more profit, you end up doing more harm than good.

The song is in German by a band named "Saltatio Mortis" (Latin: Dance of the Dead) called "Wachstum über alles" (German: Growth above all). You can probably guess the topic from this context.