The reasons that led Meta to a possible catastrophe

Meta is one of the companies that has made the headlines in the international press in recent times.

Its controversial metaverse has given much to talk about, but even more so, the problems that have arisen within the company.

The recent large-scale layoffs could have shaken the company’s foundations.

Employee dissatisfaction, coupled with the financial problems that plagued the company, were the beginning of the maelstrom of problems that engulfed Meta in recent months.

This uncertain outlook, mainly due to the closed mentality of Zuckerberg himself, who, it seems, at no time has shown any sign of a possible mistake in relation to the novelties with which he sought to boost the company, was one of the triggers that led to a significant drop in revenue and, with it, to the termination of a significant number of contracts.

For many, the question that rumbles the most around this situation is: what is the origin of this chilling magnitude of problems?

If you are also one of those who have asked yourself this same question, we are going to tell you in advance what could be the reasons that have plunged Meta into this harsh winter.

Growing increase in metaverses

The ambitious proposal to create a parallel universe to the real one, although it may seem a novel idea, it is not so novel.

While it is true that the Meta empire has made a lot of noise about it and that Mark Zuckerberg has decided to bet everything on developing the project he has been working on for so long, we must not forget that there are other technological giants. there are other technological giants.

The idea of a common metaverse is nonexistent.

There are a multitude of virtual maps and scenarios that already have their own avatars, digital currencies and a large number of public and customers.

The latter are already investing significant amounts of money in advertising their brand and opening the doors to new marketing strategies.

It is true that, despite the fact that the metaverse still has a very uncertain future, more and more people are showing interest in it and are redoubling their bets on investing in it, but we must not lose our heads.

We must look for other returns and new ways of doing business.

Other technological giants, such as Amazon or Google, are making important investments in other technological avenues, one of the most famous and impactful in recent times being artificial intelligence, artificial intelligence.

For that reason, Mark Zuckerberg could be missing out on other, more profitable business opportunities, by focusing solely and exclusively on a world where there is still much to be built.

Clinging to failure

It is common and often heard advice: “Fight for your dreams”.

It’s good to have some projections for the future and a cause to fight for, but when that quest to fulfill a desire is done on the same path, full of potholes and stumbling blocks, it’s a bad idea.

We must know when to slow down and accept defeat and, if not, we must find new ways of escape to float a ship that continually threatens to sink.

This is precisely what is happening with the ideal projected by Zuckerberg.

His drive to reach that virtual world blinds him to the problems facing the company.

The dismissal of personnel and the incessant economic flow that, far from bringing profits, is reducing them by leaps and bounds, is leading Meta into a bottomless pit, a black hole from which it would be very difficult to climb out if new alternatives are not studied.

Seeing no further

It is true that if you want to develop, shape and launch a project at all costs: Go and get it! But when the losses outweigh the gains, it’s time to look for other alternatives.

A fact that Zuckerberg has not even considered.

Finding parallel solutions that allow us to cover the costs of a project and also provide profitability to the company would be a fabulous idea, but its implementation does not depend on us.

Three reasons that, despite their focus on a single company, are nonetheless business lessons to be learned and avoided at all costs.

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