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Elon Musk says the metaverse seems more like a marketing buzzword right now than a reality
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markets.businessinsider.comMatt Rourke/AP Photo
The metaverse is just marketing jargon at this stage.
That's according to Elon Musk, who said in a late Sunday tweet that the metaverse, also known as Web3, is basically a «marketing buzzword.»
The tweet was a reply to a TikTok video he shared of David Letterman criticizing Bill Gates over the then-nascent idea of the internet. The video's creator compared the early days of the internet to that of the metaverse. To which Musk said, «Given the almost unimaginable nature of the present, what will the future be?»
In the following tweet, the Tesla chief said, «I'm not suggesting web3 is real – seems more marketing buzzword than reality right now – just wondering what the future will be like in 10, 20 or 30 years. 2051 sounds
Read more on markets.businessinsider.comAbout this in other media
'You don't own Web 3.0,' says Jack Dorsey, criticizing its centralized nature cointelegraph.com /2 years ago
VCs Fight Back as Jack Dorsey, Elon Musk Attack ‘Web3’ Narrative cryptonews.com /2 years ago
Jack Dorsey says VC involvement means crypto users don't own Web3 — and Elon Musk seems to agree markets.businessinsider.com /2 years ago
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