Interoperability is supposed to be a major pillar of the metaverse, but right now it’s very far from reality. Meta has its VR social platform Horizon, but it’s just as closed as some of the major gaming platforms it’s competing against, like Fortnite and Roblox. But at the end of the day, I don't think that many people think we're at risk of going out of business because of it.” “Some people might think it's a good bet, some people might think it's a bad bet.
Zuckerberg said he’s not worried that the $10 billion to $15 billion per year spend on the metaverse is the wrong move. But there's clearly all these other things that have to happen, we can't build the whole thing,” he said. “I view our role in accelerating some of the fundamental technology, building out the social platforms around it and working out some of the creator pieces. The move to the metaverse is going to require collaboration, and Zuckerberg said the rebrand has spurred some of his peers to think about how they can contribute. “There's been a lot more interest and excitement about the idea than expected when we put our flag in the ground and : ‘This is what we are going to work on for the next 20 years.’”. The reception to the rebrand, he added, has been positive, and the early work on transitioning the company is underway. “I want to live in a world where big companies use their resources to take big shots,” he said. Read the full interview with Meta CEO Mark Zuckerberg. 
It’s been “going a lot better than I thought it would,” the chief executive told Protocol this week in an exclusive interview. It’s been about seven months since Facebook became Meta and the company began the monumental shift from a social networking giant to a AR and VR-focused platform building what it thinks will be the future of computing. Mark Zuckerberg has no regrets about rebranding his company. Zuckerberg on the metaverse: ‘I just think it's inevitable.’
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