Xbox boss Phil Spencer calls Metaverse a 'bad game'
Phil Spencer, CEO of Xbox, Microsoft's gaming division, said that ``
The Metaverse Is a 'Poorly Built Video Game' Xbox Boss Phil Spencer Says - IGN
https://www.ign.com/articles/the-metaverse-is-a-poorly-built-video-game-xbox-boss-phil-spencer-says
Xbox's Phil Spencer warns to be prepared for price hikes next year - Android Authority
https://www.androidauthority.com/xbox-price-hike-3225074/
Xbox's Phil Spencer says the metaverse is a 'poorly built video game' - The Verge
https://www.theverge.com/2022/10/26/23425128/xbox-phil-spencer-metaverse-poorly-built-video-game-microsoft
Meta, the parent company of Facebook and Instagram, is particularly serious about building the Metaverse. Meta sees the Metaverse not only as a place to interact with friends, but also as a place to work seriously with colleagues, and has actually announced virtual meeting tools such as Horizon Workrooms as tools for business. doing. In the first place, Facebook changed its name to Meta to promote the Metaverse concept, so you should be able to understand the company's seriousness about the Metaverse.
Facebook announces to change company name to 'Meta' - GIGAZINE
At WSJ Tech Live 2022, a technology conference hosted by The Wall Street Journal, many topics related to the Metaverse have appeared. Among the notable remarks, each media picked up '(Metaverse is) a poorly built game' by Mr. Spencer of Xbox. You can check the remarks around 1 minute 12 seconds in the video below.
Tech Leaders Discuss the Metaverse's Future | WSJ Tech Live 2022-YouTube
Spencer doesn't seem to agree with the idea of working within the Metaverse at least, saying, 'Game creators have an amazing ability to build compelling worlds that we want to spend time in. 'On the other hand, Metaverse is like building a small world like a conference room for me, and I don't want to spend time on it.'
Furthermore, Mr. Spencer said, ``The Metaverse is a bad game. It will be going,' he said.
Spencer wasn't the only one to take a negative view of the Metaverse. Snap CEO Evan Spiegel defines the Metaverse as ' living inside a computer, ' saying, 'Coming home from work at the end of a long day and living inside a computer is what I love to do most. It's nothing,' he commented.
Greg Yoswiak, Apple's vice president of worldwide marketing, said of the metaverse, ' I never use it .'
On the other hand, Disney CEO Bok Chapek said that Disney 'tends not to use' the term Metaverse, 'because it means a lot to us. For us, Metaverse is the next generation of storytelling,' he said , not in a negative way.
In WSJ Tech Live 2022, Spencer revealed that Xbox's paid subscription service, Xbox Game Pass , has grown to account for about 15% of Xbox's overall revenue.
“Xbox Game Pass is probably 15% of our overall content and services revenue,” Spencer said. However, there is no future where subscriptions account for 50% to 70% of revenue.'
According to Spencer, in the PC market, the Xbox Game Pass can be expected to grow further, but in the stationary game console market, at some point, the number of people who want to join the Xbox Game Pass has reached a certain level, so growth has slowed. that's right. In fact, Microsoft revealed that the number of Xbox Game Pass subscribers in the PC market increased by 159% year-on-year in October 2022, and the PC market looks like a clear growth area for Microsoft.
Microsoft says Xbox Game Pass is profitable as it sees subscription growth slow - The Verge
https://www.theverge.com/2022/10/26/23425029/microsoft-xbox-game-pass-profitable-revenues
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