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Mar 11, 2022

Gabe Newell: ‘Most of the people talking about metaverse have absolutely no idea what they’re talking about’

Posted by in category: futurism

Valve President calls metaverse a problem that was solved a decade ago.

Gabe Newell, the co-founder and CEO of Valve Corporation, the company that gave us iconic games like Half-Life and Portal, does not believe in the hype around the metaverse.

In an interview with PC Mag, Newell even went on to say “Most of the people who are talking about metaverse have absolutely no idea what they’re talking about”. ## The hype around the Metaverse.

After rebranding his former social media company, Zuckerberg spent billions of dollars in the last quarter of 2021 trying to build the metaverse. A survey conducted last month found that 78 percent of Americans who knew about the metaverse thought that it was all just hype. It wouldn’t probably ring very well for Mark Zuckerberg if he knew that 65 percent of people in this survey did not want to purchase anything in the metaverse.

While Newell wasn’t talking about one person per se, he called the metaverse ideas floating around a bunch of get rich quick schemes\.


Mark Zuckerberg is spending billions to build and promote the Metaverse, but what does it really offer that we do not already have?

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