Meta Wasting Billions on Metaverse then AI Meme

This meme satirizes Meta's (formerly Facebook) recent business moves: after spending $80 billion on the metaverse project and then pulling the plug on it, Meta announced it would still spend $135 billion on artificial intelligence development this year. The meme uses a modified scene from the animated sitcom *Family Guy*, where a destroyed custom $1 million vehicle crashes into a neighborhood lawn, labeled as $1 million, and Peter Griffin shouts the question 'How can you afford these things!?', representing the general public's disbelief that Meta can keep pouring hundreds of billions of dollars into unproven new hyped tech trends after already wasting billions on the failed metaverse.

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META: After $80B spent, we're pulling the plug on the Metaverse, but still committed to spending $135B on AI this year. Everyone else:

Overview

This meme satirizes Meta's (formerly Facebook) recent business moves: after spending $80 billion on the metaverse project and then pulling the plug on it, Meta announced it would still spend $135 billion on artificial intelligence development this year. The meme uses a modified scene from the animated sitcom Family Guy, where a destroyed custom $1 million vehicle crashes into a neighborhood lawn, labeled as $1 million, and Peter Griffin shouts the question 'How can you afford these things!?', representing the general public's disbelief that Meta can keep pouring hundreds of billions of dollars into unproven new hyped tech trends after already wasting billions on the failed metaverse.

Origin notes

This meme originates from Reddit's r/meme subreddit, with the original post titled 'Who are the assholes giving these assholes money?'. It edits an existing scene from the animated TV show Family Guy to create a joke about Meta's wasteful big tech spending. It circulated online around 2023-2024 after Meta publicly announced it was scaling back its metaverse project and increasing investment in AI.

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