Meta, the Facebook parent corporation, rumored to be on the hunt for brains to help develop its Metaverse vision, but its large tech rivals are not giving up their talent without a fight (or at least some generous financial deal-sweeteners). According to Bloomberg, Apple informed some of its top-performing engineers in the week leading up to Christmas that they would be getting surprise incentives ranging from $50,000 to $180,000 in the form of restricted stock units.
The incentives apparently provided to strong achievers to urge employees not to defect to Meta. They not generally paid out at this time of year by the firm. Silicon Valley’s behemoths have cause to be suspicious of one another. In recent years, IT businesses have been battling for top personnel, fearful that their competitors would be able to entice their finest minds with enticements. According to Bloomberg, Meta has hired roughly 100 engineers from Apple in the previous several months, as well as a handful of senior Meta workers.
Meta recently revealed its grand idea for creating the Metaverse, a virtual reality world where users may interact with one another. The initiative now looks to be little more than a Zoom meeting with VR headsets, but it has ambitious ambitions to develop an immersive Ready Player One OASIS-like platform over the next 10 to 15 years.
To do this, the corporation has stated that it would recruit 10,000 high-skilled engineers in the EU over the next five years. It also said that it would invest $50 million to ensure that the Metaverse is “developed properly.” However, not everyone is hopeful about this lofty goal. According to several top experts, the Metaverse poses a slew of challenges, ranging from cybersecurity concerns to power abuses. Elon Musk just believes the concept is overhyped and, to be honest, a little dull.
“I’m not sure I believe in this Metaverse nonsense.” You can certainly put a television on your nose. “I’m not sure that puts you ‘in the metaverse,’ y’know,” Musk stated recently in a podcast with The Babylon Bee, a conservative satire news site. “I don’t see somebody wearing a frigging screen to their face all day and refusing to leave.” That doesn’t appear to be the case,” he continued. “I don’t believe we’re on the verge of slipping into the Metaverse.” It has the ring of a buzzword.”
