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https://www.axios.com/mark-zuckerberg-metaverse-facebook-932e6f6c-1f9d-4504-b20d-0d53a0d74828.html

The vision, as Zuckerberg described in an interview with Casey Newton, is of virtually "teleporting" via a headset or AR glasses.

"You can think about the metaverse as an embodied internet, where instead of just viewing content — you are in it. And you feel present with other people as if you were in other places, having different experiences that you couldn’t necessarily do on a 2D app or webpage, like dancing, for example, fitness."

Between the lines: Zuckerberg thinks Facebook missed the boat by not becoming the owner of its own smartphone ecosystem, the way Apple and Google did. He doesn't want to make that mistake again.

He told Newton: "One of the reasons why we’re investing so much in augmented and virtual reality is mobile phones kind of came around at the same time as Facebook, so we didn’t really get to play a big role in shaping the development of those platforms. So they didn’t really develop in a very natural way, from my perspective."