• Home
  • Latest News
  • Cryptocurrency and NFT
  • Virtual Worlds
  • Learning Zone
  • Videos
    • News
    • Learn
  • FAQ
  • Directory
Thursday, May 28, 2026
Metaverse News Outlet
  • Home
  • Latest News
  • Cryptocurrency and NFT
  • Virtual Worlds
  • Learning Zone
  • Videos
    • News
    • Learn
  • FAQ
  • Directory
No Result
View All Result
  • Home
  • Latest News
  • Cryptocurrency and NFT
  • Virtual Worlds
  • Learning Zone
  • Videos
    • News
    • Learn
  • FAQ
  • Directory
No Result
View All Result
Metaverse News Outlet
No Result
View All Result
Home Latest News

Zuck and Bezos Are Chasing Escapist Fantasies Instead of Facing Harsh Reality

2023-12-15
in Latest News
0
Zuck and Bezos Are Chasing Escapist Fantasies Instead of Facing Harsh Reality
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
  • Tech companies have had a tough ride this year having endured a brutal layoff period.
  • But their bosses still seem fixated on escapist fantasies.
  • Mark Zuckerberg is building a bunker in Hawaii, while Jeff Bezos still wants to get people to space.

Thanks for signing up!

Access your favorite topics in a personalized feed while you’re on the go.

Bull

This was not the year for tech leaders to get caught up in billionaire boyhood fantasies.

It was, after all, a year in which CEOs fired 250,000-plus workers. By making layoffs amid the toughest economic conditions since 2008’s financial crash, they desperately needed to rehabilitate their image as insensitive, out-of-touch, rich men.

This is doubly true for social-media bosses. With wars raging in Europe and the Middle East, they needed to get serious, particularly as their platforms documented wars in real time.

In other words, 2023 was probably not the right time to spend millions of dollars trying to escape civilization. But some tech CEOs just couldn’t help themselves.

One of the more popular escapist fantasies for tech bros is the bunker. Think of these as fortresses built to protect their inhabitants from a nuclear disaster or a pandemic worse than Covid-19. They also double as luxurious getaways for rich leaders looking for somewhere quiet to put their feet up.

PayPal cofounder and Trump donor Peter Thiel, for instance, wants to build one in New Zealand’s South Island in the event of an apocalypse.

In 2016, ChatGPT boss Sam Altman told The New Yorker that he’d struck an arrangement with Thiel in which he would join him in New Zealand if there was an apocalyptic event. That plan might need a rethink after a proposal for the bunker was rejected by New Zealand locals last year.

Peter Thiel at the RNC

Peter Thiel has had longtime plans to build a bunker in New Zealand.

Alex Wong/Getty



The latest CEO to reveal an obsession with faraway bunkers is Mark Zuckerberg.

The Meta boss is building a 5,000-square-foot compound in Kauai, Hawaii, which will be stocked with everything he could possibly need, per a report from Wired this week.

Zuckerberg’s bunker, costing at least $270 million, will be fitted with 30 bedrooms and bathrooms, the report said. It would also be situated next to a “wooded area” surrounded by a bunch of treehouses.

For someone who helms a company that has had to lay off 21,000 people over the past year, and is still struggling to figure out its metaverse ambitions, it’s not the best look.

Then there’s Jeff Bezos, whose boyhood obsession with all things space has got him thinking about a human civilization that lives beyond the stratosphere.

In a rare podcast appearance this week, Amazon’s executive chairman and Blue Origin’s founder was very enthusiastic about escaping into space.

During an interview with podcaster Lex Fridman, Bezos spoke at length about how humans could become a multi-planetary species.

Bezos explained his vision of a space-faring civilization — one shared by Elon Musk — could be achieved by shifting humans to “giant space stations” first.

The billionaire should shift his focus back to the fact that Amazon has been through the biggest layoff period in its history, in which 18,000 people lost their jobs in one month.

It’s unlikely that space travel will be a priority for those who remain. But in the minds of these billionaire tech bros, there’s no better way to show you’re grounded than by defying gravity.

Source link

Tags: BezoschasingEscapistfacingFantasiesHarshRealityZuck
Share76Tweet47
Previous Post

Analysing the AWS Industrial Metaverse

Next Post

Hodler’s Digest, Dec. 10-16 – Cointelegraph Magazine

Related Posts

5 Major Companies Owned By Meta

5 Major Companies Owned By Meta

2026-05-24
0

PJ McDonnell/Shutterstock Since its founding, Meta hasn't been shy about purchasing various companies. From WhatsApp and Instagram, to smaller unknown...

First Look at Pettichat, the Qwen-Powered AI Collar That Puts Words to Your Pet’s Barks and Meows

2026-05-24
0

A startup in Hangzhou just released a lightweight collar that listens to dogs and cats and turns their sounds into...

Google to Launch Android XR Glasses in The Fall

Google to Launch Android XR Glasses in The Fall

2026-05-21
0

Google has confirmed that its Android XR platform will launch its first audio smart glasses later this autumn, marking the...

Meta Is Getting Blunt About Cutting Workers to Fund Other Spending

Meta Is Getting Blunt About Cutting Workers to Fund Other Spending

2026-05-20
0

Your layoff may be helping your former employer pay for AI. Loading audio narration... That's the thrust of part of...

Your XR Investment Isn’t Transforming Work. It’s Recreating the Office in a More Complicated Way

Your XR Investment Isn’t Transforming Work. It’s Recreating the Office in a More Complicated Way

2026-05-20
0

A lot of enterprise XR adoption still feels weirdly stuck. The headsets got better, the software is sleeker, and the...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Top 5 Biggest Metaverse Crypto Projects for 2022

Top 5 Biggest Metaverse Crypto Projects for 2022

2022-01-16
Why Are Photographic Avatars Vital for Work in the Metaverse?

Why Are Photographic Avatars Vital for Work in the Metaverse?

2022-01-02
YouTube’s Primetime Channels bring streaming movies and TV into the YouTube app

YouTube’s Primetime Channels bring streaming movies and TV into the YouTube app

2022-11-01

Gateway to the Metaverse | Monthly Memos from Hrish Lotlikar

2022-01-04
Someone paid 450k to be Snoop Dogg’s virtual neighbour

Someone paid 450k to be Snoop Dogg’s virtual neighbour

0
Metaverse Land On Solana Is Also Gaining Value Rapidly

Metaverse Land On Solana Is Also Gaining Value Rapidly

0
Snoop Dogg Sandbox Sale Goes Live Today!

Snoop Dogg Sandbox Sale Goes Live Today!

0
Metaverse Land Sales Are Flying

Metaverse Land Sales Are Flying

0
5 Major Companies Owned By Meta

5 Major Companies Owned By Meta

2026-05-24

First Look at Pettichat, the Qwen-Powered AI Collar That Puts Words to Your Pet’s Barks and Meows

2026-05-24
Google to Launch Android XR Glasses in The Fall

Google to Launch Android XR Glasses in The Fall

2026-05-21
Meta Is Getting Blunt About Cutting Workers to Fund Other Spending

Meta Is Getting Blunt About Cutting Workers to Fund Other Spending

2026-05-20

Metaverse News Outlet

Our mission is to bring you the latest metaverse news and help you learn about the metaverse. It doesn't matter if you're a metaverse beginner or a metaverse noob, we've got you covered. Be sure to check out our Learning Zone to find out how you can join the metaverse if you want to get involved.

Categories

  • Cryptocurrency and NFT
  • Latest News
  • Learning Zone
  • Virtual Worlds

Recent Posts

  • 5 Major Companies Owned By Meta
  • First Look at Pettichat, the Qwen-Powered AI Collar That Puts Words to Your Pet’s Barks and Meows
  • Google to Launch Android XR Glasses in The Fall

No Result
View All Result
  • Home
  • Latest News
  • Cryptocurrency and NFT
  • Virtual Worlds
  • Learning Zone
  • Videos
    • News
    • Learn
  • FAQ
  • Directory

© 2018 Metaverse News Outlet.