The Metaverse Is Still the Next Big Thing, Meta Insists

‘We’re going to stick with it,’ social media executive says
Meta, Disney and Microsoft recently cut metaverse-focused jobs

Meta President Global Affairs Nick Clegg speaks during a press conference at the Meta showroom in Brussels on December 07, 2022. (Photo by Kenzo TRIBOUILLARD / AFP) (Photo by KENZO TRIBOUILLARD/AFP via Getty Images)Photographer: KENZO TRIBOUILLARD/AFP

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By Anna Edgerton and Alex Barinka

March 29, 2023 at 9:49 PM UTC

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Nick Clegg, head of global affairs for Meta Platforms Inc., took to the metaverse on Wednesday to insist that the future of computing will take place on that still not-quite-yet-defined virtual world.

The metaverse in this case was a virtual space in Meta’s Horizon Workrooms, where Clegg, logged in from London, spoke with a handful of reporters who were wearing borrowed Meta Quest headsets in Washington. The group appeared as torsos seated around a large wood table, though only Clegg’s avatar actually looked like him.