The keynote featured a bonkers video of Zuckerberg jumping between various CGI-rendered depictions of the metaverse in virtual reality. He visited a spaceship where the company’s executives were playing poker, toured a tropical mansion with a floating fireplace and met CTO Andrew Bosworth’s Pixar-esque alien pet Oppy.

You remember it, don't you? The bold declaration that echoed across the globe in 2021. Mark Zuckerberg, standing on a digital precipice, didn't just rebrand Facebook to Meta; he fundamentally bet the entire future of his colossal company on a single,

Meta announced changes that effectively leave Mark Zuckerberg’s vision of an immersive digital world based in virtual reality only on life support.

In less than two days, Meta has changed its mind on the Metaverse. The company has confirmed that it will not be shutting down its metaverse platform, Horizon Worlds for VR headsets. The announcement comes after Meta received feedback from users.

You could buy and sell plots of land and advertising. Soon, brands began appearing in Decentraland, like Atari, Nestle, and Samsung. There was a Metaverse Fashion Week. Paris Hilton hosted a DJ set. Slews of headlines sprung up claiming that people were paying hundreds of thousands of dollars for virtual land and that users would one day navigate these spaces the same way they would traverse the real world.

Meta’s “metaverse” has become the tech equivalent of Schrödinger’s Cat. It exists in a superposition of both life and death. Meta knows it can’t fully abandon VR, even if the hype surrounding the metaverse and its Horizon Worlds virtual environment has withered to a shallow husk of its initial promise.

Meta Platforms Inc. (NASDAQ:META) is one of the best metaverse stocks to buy, according to analysts. On March 12, Reuters reported that Meta Platforms Inc. (NASDAQ:META) has delayed the launch of its new artificial intelligence model called “Avocado.