The Financial Times’ Rana Foroohar tells “Nightcap’s” Jon Sarlin increases in housing costs have become scary. Plus, The New York Times’ Ryan Mac explains why there’s so much skepticism, confusion and frustration surrounding Mark Zuckerberg’s metaverse efforts. And CNN media analyst Bill Carter outlines the future of late night. To get the day’s business headlines sent directly to your inbox, sign up for the Nightcap newsletter.
00:00 – Welcome to "Nightcap"
00:25 – Mortgage rates hit 20-year high
04:52 – Inside Mark Zuckerberg's metaverse
08:55 – Future of late night television
You buy a house in the meta verse. While your body sits in a homeless shelter.
😆 🤣 😂 It’s starting to look 👀 like that!
It’s the Gen z liberal way
Lol 😂 so true
That’s where we all will be once our 401ks finish bottoming out
81 million votes😂🤣😂 not even in the metaverse!!
The strategic oil reserves are supposed to be used in case of war.
After tons of advertising, media coverage and hype, I still have no idea why I should bother with the Metaverse.
You *shouldn’t* bother with the metaverse *because* of the tons of advertising, media coverage and hype. Anything that needs that much promotion is clearly not to benefit humanity.
So many people don’t seem to understand the VR or AR industry and are just rooting for Zuckerberg to personally fail. Meta Horizons is not at all “the metaverse.” The Quest Pro is very affordable compared to Magic Leap, Hololens, or Varjo headsets that cost at _least_ twice as much. It’s not meant for the general consumer, it’s meant for professionals. And adding legs for VR if you’re only tracking hands is not that simple.
Reading the title only.. 🙄
Meanwhile, the U.S. Government never could balance it’s own budget and stay that way.
Thank you President Trump for giving me 1 year of Business class (9th grade, circa 1988) and Accounting in 10th grade.
I never once declared bankruptcy and never went to college either.
*Truth and Fact* 🧐
I moved away from home in 1994. 800 miles away, first time too!
I’ve been on my own since.
People my age still live with their parents. Seriously!
Negative replies may be like.
“Well, isn’t that special” – The Church Lady
Made famous from Saturday Night Live 1990’s
Have a blessed evening. 🕊
Brilliant analysis of the different things to watch for on the different time frames. Good to see everyone feels the same way when they lose money, everyone thinks they could do this or that with that money which is as good as gone, instead people refuse to seek help from professionals, Edward Joseph James set to be different and unique, I have made about $470k already from his day trading with just my initial start up of $85k, all i did was to copy his daily signals, am done having heart breaks hodling and trading myself lol.
His social handle please!
You can communicate with him on telegram.s with the username.
EddyJoseph.👈
I have secured my financial freedom by investing with Edward, been following him for a year but have made some pretty impressive gains! I closed last year with my portfolio at $345k. His mastery of the market has given me a much better standpoint and chance of earning huge profit.
if the meta verse had been up before covid then it would have some impact. But now after the pandemic is over nobody wants to be virtual anymore they want to actually visit humans face to face.
I give this v.r. headset 2 years before it is discontinued. Did no one ask for this. Look at V.R. today, it’s not selling the way tech companies thought it would. Even Sony is still deciding if the playstation will come out with the next V.R. Zuckerberg wants to use this headset on the business side. Do you really think that old men in suits are going to be wearing a headset in the conference room? Come on now 😂 there’s no need for this when Skype and zoom exist
is inflation also high in metaverse?
“if you are not performing, you should leave the company’. Well I got a news flash for you… In a normal world it is the logical thing to do. And yet the reporter made it sound like it is very evil, twisting it to fit his agenda. And MZ is not the first CEO who have whims and standards to better his company. Try Steve Jobs. Look, I’m not a MZ fan nor a Meta supporter, but it is obvious that they are kicking him down when the man is just trying to innovate.
The way this video was titled, I was under the impression that you were going to talk about actually buying a house in the Metaverse and how much that is going to cost. There is already precedent for virtual stuff being bought in an online game or virtual reality with real money!
I really hope legacy media circles the drain peacefully.
Apart from keeping my fingers crossed, that democracy lives on, beyond November 2022;
My wish for the year 2023, is that;
Individuals in extremely wealthy positions, stop subjecting their visions/ideas, on to the general public.
Why!
Well, let me put it this way:
There’s a brilliant movie, that was made in 2008, we all should heed i.e. WALL-E.
#BeingsConversingTraditionally
#SavePlanetEarth
r u kidding Fed Int Rate controlling “inflation” when almost all increases in consumer costs has ended up in billionares pockets. How will raising rates stop billionaires using every hiccup as excuse jack up prices.
If holograms existed, then living in metaverse would be undeniably amazing. But we don’t have holograms yet, and headsets don’t feel completely believable. I think the company that brings holograms to market first will be the one to sell the world it is all put in.
Who have the time and money to put those VR set on and for what exactly? I will be surprised if a million people buy that VR thing.
Is this just an attempt to escape reality?
All those billions spent and it’s no way closer to “Ready Player One”?
Well, the future of late night is early morning, and the future of that is … Maybe they should consider making late night 24-hours, ’cause sometimes you just … have … to … ZZZZZZZ.
I’m not going to lie, I thought people was just making the metervers up. Guess not.