Facebook, the world-famous social media platform, plans to recruit 10,000 people from the European Union in order to develop a so-called metaverse. A metaverse is basically an online world where people can play games, communicate and work in a virtual environment using VR headsets.
Mark Zuckerberg, CEO of Facebook, is always a prominent personality talking about this concept. He is the leading voice on metaverse. The news comes as Facebook deals with the adverse result of a damaging scandal. Facebook faces increased calls for regulation to curb its influence.
What is the Metaverse
Metaverse is defined by Wikipedia as a collective virtual shared space, created by the convergence of virtually enhanced physical reality and physically persistent virtual space, including the sum of all virtual worlds, augmented reality, and the Internet
Metaverse basically has the capability to open access to some creative, social, and economic opportunities. According to Facebook officials, the Europeans will be the first to start it. The new job opportunities in the next five years will hire specialized engineers.
Facebook believes that investing in the European Union provides many opportunities. It provides access to a large consumer market, world top-ranked universities, and highly skilled talent.
Facebook has made metaverse among its top priorities. Although Facebook mostly works lonely and buys its rivals. But this time Facebook decides to work in collaboration.
Recently Facebook invested $50m in funding non-profit groups to build metaverse but
The actual metaverse might take 10 to 15 years to complete.
Some of Facebook’s critics believe that the announcement to hire 10,000 people and develop metaverse is just to divert the attention of the people from the damaging scandals in the previous months. The company wants to re-establish its reputation as the scandals has badly affected Facebook.
Internal research conducted by Facebook reveals that Instagram is affecting the mental health of the young generation. Facebook did not share the findings as Instagram is owned by Facebook. The finding also suggests that Instagram was a toxic place for young teenagers.