Silicon Valley tech CEOs are not big fans of metaverses

Cointelegraph

Published Oct 27, 2022 07:33AM ET

Updated Oct 27, 2022 09:20AM ET

During a Wall Street Journal event, Microsoft (NASDAQ:MSFT) gaming chief Phil Spencer and Snap (NYSE:SNAP) CEO Evan Spiegel revealed that they are not big fans of the metaverse in its current form.

Spencer called the metaverse’s current iteration a “poorly built video game,” referring to the ecosystem’s bad graphics and low-quality interfaces.

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