Silicon Valley has lost the plot while chasing the phantom of innovation [Video]

Over the last five plus years there has been no shortage of “the next big thing” in the technology space.

First we had cryptocurrency and every company and its digital dog tried to jump on that bandwagon with a token or support for cryptocurrency payments. One of the more prominent firms that pushed crypto was Meta which ultimately abandoned its project in the space in 2022.

That project was seemingly abandoned for something bigger, an entire world in the Metaverse.

Meta, which was Facebook before Mark Zuckerberg and his pals leaned hard into virtual worlds and renamed the company, envisioned a world where we all wore virtual reality headsets and met up in legless bodies.

We were told that the Metaverse would be limitless and comparisons were drawn to Ready Player One where users could play Call of Duty using weapons from Fortnite on Doom: Eternal maps. The trouble was that as soon as Meta announced this, an infinite number of other “metaverse” projects …