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Facebook Plans To Hire 10,000 In Europe To Build 'Metaverse'

Tuesday October 19, 2021. 02:02 AM , from Slashdot
An anonymous reader quotes a report from The Associated Press: Facebook said it plans to hire 10,000 workers in the European Union over the next five years to work on a new computing platform that promises to connect people virtually but could raise concerns about privacy and the social platform gaining more control over people's online lives. The company said in a blog post Sunday that those high-skilled workers will help build 'the metaverse,' a futuristic notion for connecting online that uses augmented and virtual reality. Facebook executives have been touting the metaverse as the next big thing after the mobile internet, though their track record is spotty on predicting future trends. 'As we begin the journey of bringing the metaverse to life, the need for highly specialized engineers is one of Facebook's most pressing priorities,' according to the blog post from Nick Clegg, vice president of global affairs, and Javier Olivan, vice president of central products. Facebook's recruiters are targeting Germany, France, Italy, Spain, Poland, the Netherlands and Ireland for the hiring drive. The company as of June reported having more than 63,000 employees worldwide, up 21% from the same time last year.

The metaverse essentially is a massive virtual world that can be accessed in real time by millions of people using avatars, who can use it to hold virtual meetings or buy virtual land and clothing or other digital assets, often paying with cryptocurrencies. The social network isn't the only one working on the metaverse, and Facebook acknowledged that no single company will own and operate it. Other players include Fortnite maker Epic Games, which has raised $1 billion from investors to help with its long-term plans for building the metaverse. 'There's not going to be specific metaverses to specific companies. There's only going to be one metaverse,' said Tuong Nguyen, an analyst who tracks immersive technologies for research firm Gartner. But there are concerns Facebook and a handful of other Silicon Valley giants would end up monopolizing the metaverse and use it to collect and profit from personal data, mirroring the situation now with the internet.

Read more of this story at Slashdot.
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