Meta Suffers HUGE Loss

Meta just lost one of its best and brightest…

Game industry legend, and virtual reality pioneer, John Carmack has resigned from Meta due to what he claims is gross inefficiency at the social media giant.

Carmack, the man behind the Doom series, says the company can do a lot better at bringing better products to the masses, although he is somewhat happy with the Quest 2, released in 2020.

Carmack’s departure from the company could potentially have a major impact on its plans to bring augmented and virtual reality technologies to its metaverse.

Much has gone into the company’s virtual reality platform, with much of Meta’s recent plans, resources, and marketing all revolving around attempts to sell users the concept of a fully integrated, virtual world…

Despite this, Meta’s metaverse arrived to little fanfare…

Here’s what Carmack had to say about his departure:

I resigned from Meta, and my internal post got leaked to the press, resulting in some fragmented quotes. Here is the full thing: https://t.co/iUcr8TYMLD

— John Carmack (@ID_AA_Carmack) December 17, 2022

As anyone who listens to my unscripted Connect talks knows, I have always been pretty frustrated with how things get done at FB/Meta. Everything necessary for spectacular success is right there, but it doesn't get put together effectively.

— John Carmack (@ID_AA_Carmack) December 17, 2022

According to The Block:

Carmack joined VR hardware and software producer Oculus in 2013, before it was acquired by Meta (then Facebook) the following year. He reduced his role to consulting CTO in 2019 to invest more time in his Keen Technologies startup, focusing on artificial intelligence.

 

I thought that the "derivative of delivered value" was positive in 2021, but that it turned negative in 2022. There are good reasons to believe that it just edged back into positive territory again, but there is a notable gap between Mark Zuckerberg and I on various strategic

— John Carmack (@ID_AA_Carmack) December 17, 2022

Wow John Carmack’s leaves Meta. Writes revealing internal memo on his way out.

He says Facebook is operating a bureaucratic nightmare – design is driven by committee and influence is derived from political gaming, which he’s not good at. pic.twitter.com/YzKX4qT1LY

— Zach Vorhies / Google Whistleblower (@Perpetualmaniac) December 17, 2022

Zero Hedge writes:

In an August podcast interview, Carmack said Meta’s $10 billion in losses within the company’s augmented reality and VR division made him “sick to my stomach,” and that the company’s metaverse efforts have been bogged down by concerns over diversity and privacy.

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