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Zuckerberg’s Facebook empire collapsing

Via RT.com

Meta has lost nearly half its value in the last six months

Zuckerberg’s Facebook empire collapsing © AFP / Nicholas Kamm

Once the world’s sixth largest firm with a valuation of over $1 trillion, Facebook’s parent company Meta finished Thursday’s trading with a value of $565 billion. According to data compiled by Bloomberg, the social media giant has tumbled out of the world’s 10 largest companies by market value, hammered by its worst monthly stock decline ever.

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The Metaverse Is Big Brother in Disguise: Freedom Meted Out by Technological Tyrants

Guest Post by John W. Whitehead

The term metaverse, like the term meritocracy, was coined in a sci fi dystopia novel written as cautionary tale. Then techies took metaverse, and technocrats took meritocracy, and enthusiastically adopted what was meant to inspire horror.”—Antonio García Martínez

Welcome to the Matrix (i.e. the metaverse), where reality is virtual, freedom is only as free as one’s technological overlords allow, and artificial intelligence is slowly rendering humanity unnecessary, inferior and obsolete.

Mark Zuckerberg, the CEO of Facebook, sees this digital universe—the metaverse—as the next step in our evolutionary transformation from a human-driven society to a technological one.

Yet while Zuckerberg’s vision for this digital frontier has been met with a certain degree of skepticism, the truth—as journalist Antonio García Martínez concludes—is that we’re already living in the metaverse.

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