Zuckerberg says he expects the metaverse to reach a billion people within the next decade. The metaverse, he says, will be a place people will be able to interact, work and create products and content in what he hopes will be a new ecosystem that makes “millions” of jobs for creators.
In explaining the rebrand, Zuckerberg said the name “Facebook” just doesn’t encompass “everything we do” anymore. In addition to its primary social network, which now includes Instagram, Messenger, Quest VR headset, Horizon VR platform, and more.
Metaverse, he said, is a new way. Zuckerberg, a fan of classics, explained that “meta” comes from the Greek word “beyond.”