Xbox Boss Phil Spencer Calls Today’s Metaverse a ‘Poorly Built Video Game’ – Metaverse Bitcoin News

Phil Spencer is the CEO and Head of Xbox Gaming at Microsoft. He has some harsh words for the concept of the metaverse. Spencer remarked that for him, the current metaverse is a “poorly built video game,” but also that the sector was still in its early stages and will surely evolve.

Phil Spencer Blasts Today’s Metaverse

While the still unclear concept of “the metaverse” has been harnessed by several companies that want to leverage the advantage of being pioneers in an industry, other important personalities have criticized the current sector. Phil Spencer, head of Xbox at Microsoft, blasted today’s metaverse technology during the WSJ Live Convention, noting that it was still unpolished.

About today’s metaverse, Spencer stated:

It’s a poorly built video game.

Many saw this as an indirect jab at Meta. It has previously been criticised for the poor graphics of Horizon Worlds, its metaverse app. Spencer elaborated later on his remarks, explaining that “video game creators have an amazing ability to build compelling worlds that we want to go spend time in; building a metaverse that’s like a living room is not how I want to spend my time.”

Spencer doesn’t think the metaverse is dead yet. The executive believes it’s still early in the industry and that the metaverse can evolve into a similar game to current video games.

Spencer’s Previous Metaverse Criticism

Spencer expressed doubts over the hype around the new metaverse concept. Spencer stated that the metaverse is not new for him. It had been in existence since August and included 3D gaming as part of that technology. He also said that play-to-earn (P2E) models were a “hammer looking for a nail.”

In the same way, Spencer has rejected the NFT (non-fungible token) gaming model, calling it exploitive and filled with “speculation and experimentation.” In January, Microsoft revealed the acquisition of Activision Blizzard for $68.7 billion, stating that gaming would “play a key role in the development of metaverse platforms.” News recently reported that Microsoft had begun to integrate metaverse apps with Microsoft Cloud, in order to provide artificial intelligence and analysis for various applications.

What do you think about Phil Spencer’s take on the metaverse? Comment below.

Sergio Goschenko

Sergio, a Venezuela-based cryptocurrency journalist. Sergio is a cryptocurrency journalist based in Venezuela. He says he was late to the party, having entered the cryptosphere during the December 2017 price increase. His background is in computer engineering, but he also lives in Venezuela and was impacted by the crypto boom at a socio-economic level. He offers an alternative perspective on cryptocurrency success and the benefits it has for the underbanked.

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