Why former Google CEO is not impressed with Metaverse and Facebook’s take on it

Metaverse has been the new buzzword in the technology world since sometime now. However, former Google CEO Eric Schmidt is not too enthused with the very concept of Metaverse. Schmidt was Google CEO for ten years — from from 2001 to 2011. He was executive chairman of Alphabet Inc from 2015 to 2017, and Technical Advisor at Alphabet from 2017 to 2020. At an event in Colorado, US, recently, Schmidt reportedly expressed skepticism about the importance and adoption that this new technology may take on in the future.
‘No one clearly knows or has defined what Metaverse is’
Schimdt said that so far there is no consensus on the very definition of Metaverse is and it means. “There’s not an agreement on what the metaverse is, even though one company has changed its name in anticipation of defining it,” said Schimdt. Google’s ex CEO seemed to be refering to social networking giant Facebook here who now includes Meta