Snapchat's Evan Spiegel Dismisses Facebook's Metaverse as 'Hypothetical'

The Snapchat founder, Evan Spiegel, has dismissed Facebook's "metaverse" ambitions as "ambiguous and hypothetical" as he announced a raft of new augmented reality features coming to phones and Snap's experimental AR Spectacles over the next year. The Guardian: Speaking ahead of the Snap Partner Summit, the company's flagship annual event, Spiegel argued Snapchat was uniquely placed to guide the next decade of technology thanks to the company's vast array of augmented reality services, such as the "lenses" that are used by millions of people every day. [...] The updates sound like they could be the foundations of a shared virtual universe of the type that Facebook recently decided was so fundamental to its future that it even rebranded the company as Meta. But, Spiegel says, the word "metaverse" is never uttered in Snap's offices. "The reason why we don't use that word is because it's pretty ambiguous and hypothetical. Just ask a room of people how to define it, and everyone's definition is totally different."

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