Mark Zuckerberg: The Future of Social Metaverse Unveiling the Power of Roblox, VRChat, and More

Mark Zuckerberg: And now if you look at what experiences are people spending the most time in it’s actually just different social metaverse type experiences So you know things like rec room you VRChat Horizon Roblox when it shows up but that’s not mean it’s there it’s starting to scale but I think Roblox can be a lot bigger than it is But even with Roblox just kind of starting to grow on the platform social is already more time spent than gaming use cases So now it’s different if you look at the economics because people pay more for games whereas social kind of has that whole adoption curve thing that I talked about before First you have to kind of build out the big community and then you can enable commerce and kind monetize it over time But this is sort of my whole theory for VR was people looked at it initially as a gaming device and I thought hey I think this is a new computing platform overall