This year wasn’t a good year for tech, but it was a momentous one.
It was in June of 2022 when Mark Zuckerberg changed the name of Facebook to Meta, signaling an all-in strategy to convert the company to “metaverse” products, like virtual reality and, someday, augmented reality. It was a big bet, which, so far, hasn’t paid off. Keep reading for my thoughts as to how things might shake out for Meta and the metaverse in 2023.
Crypto took a nose dive in 2022, capped off by a major scandal in November when crypto exchange FTX collapsed, resulting in the loss of more than $8 billion in assets. Speaking of algorithms, one of the big stories in late 2022 is the emergence of ChatGPT.
My crystal ball also said it will be an important year for the so-called metaverse. Although nothing is certain, rumor has it that Apple will introduce an augmented reality product in 2023, perhaps in the form of glasses and perhaps costing upwards of $3,000. It might be an impressive product that puts a lot of pressure on Meta when it’s compared with Meta’s relatively clunky Quest headsets.
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