One of Facebook’s earliest investors mentioned Facebook’s metaverse plans as ‘dystopian’ and ‘a bad idea’. He has criticized the social media giant’s plans for the metaverse.

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Facebook is now known as Meta and the company is investing billions in the project. Meta’s chief product officer Chris Cox explained that the idea would make “the internet less flat”. At the Web Summit in Lisbon, he said it would be considerably better than video conferencing as a space for meetings. Mr. Cox also said, “Technology often starts in lower resolutions versions of what it becomes.”

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However, one of Facebook’s earliest investors Roger McNamee said, “It’s a bad idea and the fact we are all sitting and looking at this like it’s normal should be alarming everyone.” He also said, “Facebook should not be allowed to create a dystopian metaverse.”

Mr. McNamee sees more misinformation on the platform. He doesn’t think that the metaverse would be safe in chief executive Mark Zuckerberg’s hands. He said, “There’s no way that a regulator or policymaker should be allowing Facebook to operate there [in the metaverse] or get into cryptocurrencies.”

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The term metaverse was taken from the science fiction novel Snow Crash. There it served as a virtual reality successor to the internet.