{"id":83043,"date":"2025-12-31T04:35:54","date_gmt":"2025-12-31T04:35:54","guid":{"rendered":"https:\/\/newsfortnite.com\/index.php\/2025\/12\/31\/metas-77-billion-bet-economist-dean-baker-on-zuckerbergs-metaverse-loss-calls-it-a-cost-to-society\/"},"modified":"2025-12-31T04:35:54","modified_gmt":"2025-12-31T04:35:54","slug":"metas-77-billion-bet-economist-dean-baker-on-zuckerbergs-metaverse-loss-calls-it-a-cost-to-society","status":"publish","type":"post","link":"https:\/\/newsfortnite.com\/index.php\/2025\/12\/31\/metas-77-billion-bet-economist-dean-baker-on-zuckerbergs-metaverse-loss-calls-it-a-cost-to-society\/","title":{"rendered":"Meta\u2019s $77 billion bet: Economist Dean Baker on Zuckerberg\u2019s metaverse loss; calls it a cost to society"},"content":{"rendered":"<p>Economist Dean Baker criticizes Mark Zuckerberg&#8217;s $77 billion Metaverse investment as a &#8220;stupid&#8221; decision, arguing it represents a societal cost by diverting resources from productive uses like affordable housing. Meanwhile, Meta is aggressively pursuing AI, acquiring startup Manus to bolster its chatbot and compete with rivals.<\/p>","protected":false},"excerpt":{"rendered":"<p>Economist Dean Baker criticizes Mark Zuckerberg&#8217;s $77 billion Metaverse investment as a &#8220;stupid&#8221; decision, arguing it represents a societal cost by diverting resources from productive uses like affordable housing. Meanwhile, Meta is aggressively pursuing AI, acquiring startup Manus to bolster its chatbot and compete with rivals.<\/p>\n","protected":false},"author":0,"featured_media":83044,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/83043"}],"collection":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/comments?post=83043"}],"version-history":[{"count":0,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/83043\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media\/83044"}],"wp:attachment":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media?parent=83043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/categories?post=83043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/tags?post=83043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}