Wednesday, October 12, 2022

🕶️ Axios Finish Line: Meta glasses

Plus: What we're reading | Wednesday, October 12, 2022
 
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Axios Finish Line
By Mike Allen, Erica Pandey and Jim VandeHei ·Oct 12, 2022
Oct 12, 2022

Smart Brevity™ count: 531 words ... 2 mins.

 
 
1 big thing: First big move to a virtual workplace
Animated illustration of goggles with glowing static.

Illustration: Aïda Amer/Axios

 

Meta this week rolled out the most advanced, widely available virtual reality glasses ever — and found a rival/partner to bring them into your home office: Microsoft. 

Why it matters: You need to pay close attention to Meta — and others — who are trying to will into existence the metaverse, which is basically a 3D virtual world.

  • Facebook's parent sells the Meta Quest Pro headset ($1,500 a pop). Microsoft has the platform for you to use it. 

🧠 Catch me up: The metaverse is an interactive, 3D version of today's internet, where people can travel through virtual spaces.

  • But it's unclear how broad a space companies can peacefully share, or how easy it will be to move your stuff from place to place.

🖼️ The big picture: Almost no one will use this regularly or reliably, for now.

  • But when the giants throw tens of billions at building something, it looks likely to happen — and will grow more affordable and ubiquitous with time. 

💬 Thought bubble from Axios chief tech correspondent Ina Fried, who test-drove the Quest Pro, and has tried most VR headsets on the market:

  • It's still really early, but Meta is moving in the right direction with the Quest Pro. You can see your real keyboard as you take notes, and sip a drink without taking off the headset.

But office work in VR still isn't comfortable enough to do for hours at a time. And it would be nice to be able to put on a headset and feel like you are right next to your co-worker in a remote meeting.

  • Ina also remembers seeing the first iPhone and knowing it would be a game changer — even though that first model didn't have copy and paste. Many people scoffed that no one would want to type on its tiny flat screen.

🥊 Reality check, from Axios managing editor Scott Rosenberg: There's no guarantee of success no matter how big the spend.

  • The road to where we are today is filled with the steaming hulks of dead billion-dollar projects that tech giants threw their best brains at, from Apple's Newton to Microsoft's Windows Phone. 

The bottom line, from Ben Thompson in today's Stratechery: VR's usefulness is likely to emerge first in the workplace — in part because "you're more likely to use it if your company pays for it."

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2. 📚 What we're reading

Cover: Liveright

 

Matthew Ball — an entrepreneur, venture investor and former head of strategy for Amazon Studios — is out with a bestselling field guide to the metaverse that we highly recommend for its clarity and accessibility.

  • Why it matters: "The Metaverse: And How It Will Revolutionize Everything" argues the metaverse is "the next great computing and networking platform, similar in scope to the transition from the personal computer and fixed-line internet of the 1990s to the era of mobile and cloud computing we live in today."

🛒 In a footnote, Ball compares the metaverse to online groceries:

  • "Millions of consumers have known about online grocery service for years but refused to try it."
  • Once they did, many will never go back.

Go deeper: Interview with Matthew Ball.

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