Luckey's dismissal from Facebook followed his donation to an anti-Hillary Clinton group, though Meta denied this was the reason for his firing. He views his ousting as a business lesson and maintains a cordial relationship with Zuckerberg, even encountering him at social events like those at Donald Trump's Mar-a-Lago. Despite the metaverse being declared "dead" by some, Luckey remains unconvinced that it is time to abandon the concept, suggesting that strategic priorities may differ from public statements.
Key takeaways:
- Palmer Luckey invested all his liquid cash in Meta after its rebranding, despite being skeptical of the metaverse concept and being fired from Facebook in 2016.
- Meta's focus on the metaverse preceded the rise of generative AI and chatbots, but the metaverse was declared dead in 2023 by Ed Zitron.
- Mark Zuckerberg announced a capital expenditure plan of $60 billion to $65 billion for 2025, with AI as a main focus.
- Luckey believes public communications may not fully reflect Meta's strategic priorities and uses himself as an example of undisclosed future plans.