Former Nintendo of America President Reggie Fils-Aime Has Doubts About Facebook’s Plans for Metaverse
Through sheer usage and multiple acquisitions, Facebook became and remains one of the preeminent powers in both Silicon Valley and the wider world as a dominant social media platform. It was from this position founder, chairman, and CEO Mark Zuckerberg says the tech giant will work on building its own metaverse to try and realize the concept of fully virtual, online world for users to inhabit. However, the company's push for a metaverse has been met with a fair share of skepticism, and one of the most prolific names in the gaming industry has become one of those names.
The executive in question is the former president of Nintendo of America, Reggie Fils-Aime, who offered his criticisms of Facebook's metaverse while speaking with Bloomberg at South by Southwest 2022 in Austin, Texas. His main criticism is Facebook, and its parent company Meta Platforms, has not been «an innovative company» for some time and its success was largely driven by acquisitions of companies like Instagram and Oculus or by being a «fast follower of people's ideas.» Between this business model and Meta Platforms current plans, Fils-Aime said he was not confident its approach to the metaverse would be successful.
Reggie Fils-Aime's Book Cover and Release Date Revealed
Fils-Aime instead pointed to smaller companies, many of which are still in the growing stages, will be the ones driving the metaverse and digital industry going forward. In turn, he expects these more innovative tech firms to be acquired by larger conglomerates looking to carve out a space for themselves in the digital future. Examples he pointed to were Take-Two Interactive and Microsoft's recent bids to purchase Zynga Inc. and Activision Blizzard, respectively.
Given Fils-Aime's history,
Read more on gamerant.com
