AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Episode guests
AI Summary
Highlights
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Tech giants like Meta and Twitter are downsizing despite ambitious plans for the Metaverse.
- The era of big tech growth is facing significant challenges as companies experience layoffs and growth limitations.
Deep dives
Meta's Investment in the Metaverse and Massive Layoffs
Meta, formerly known as Facebook, is heavily investing in the development of the Metaverse, focusing on creating avatars that reflect natural facial expressions in real time. Despite these ambitious plans, Meta announced a significant layoff of 11,000 employees, marking a major shift in the tech industry. Wall Street's skepticism towards Meta's growth prospects led to a substantial decrease in the company's stock value.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode