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Facebook to create 10,000 jobs in EU to build 'metaverse'
27-10-2021 10:41
Facebook to create 10,000 jobs in EU to build 'metaverse'
Facebook to create 10,000 jobs in EU to build 'metaverse'

Facebook intends to hire 10,000 workers in European Union countries with a view to building a "metaverse". The new project will be part of Facebook Reality Labs, which is engaged in developing virtual (VR) and augmented (AR) reality devices. This idea was announced in late July by Facebook Vice President of AR/VR Andrew Bosworth.

The peculiarity of the "metaverse" is an ability to feel the physical presence of another person through digital spaces. Today, Portal and Oculus can already teleport one person to a room with another, regardless of physical distance. Thanks to this development, a user can travel into new virtual worlds and live memorable experiences. "To achieve our full vision of the Metaverse, we also need to build the connective tissue between these spaces -- so you can remove the limitations of physics and move between them with the same ease as moving from one room in your home to the next," Bosworth noted.

Notably, Facebook CEO Mark Zuckerberg said in his interview with The Verge that the company would turn the two-dimensional internet into a metaverse where "instead of just viewing content, you are in it." 

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

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