“The phone will continue to be a tremendously useful device. But because it’s a general purpose device, it can’t do some things better without being worse than other things.
“In VR, in augmented reality, we’re talking about the idea that you can have people that you’re co-present with, who are not physically with you, but you’re all having a shared experience. Those things aren’t possible with a phone.”
Not surprisingly, usurping the iPhone would not be popular among Facebook’s Silicon Valley neighbour. Apple and Facebook have become mortal enemies in recent years. Tim Cook has used Facebook’s privacy scandals as a way to reinforce his company’s credentials, and introduced software updates that have hit the social network’s advertising revenues. Zuckerberg said this year the company was now its biggest competitor.
But Facebook’s push into hardware is not merely an effort to hit the iPhone maker where it hurts. Zuckerberg sees it as crucial to owning the “metaverse”, a term that has become increasingly fashionable among the Silicon Valley cognoscenti to refer to virtual worlds.
Bosworth is one of Zuckerberg’s key lieutenants in delivering that mission. Two years ahead of the Facebook founder when both were at Harvard, he helped teach an artificial intelligence class that Zuckerberg attended. He joined in 2006, two years after Facebook was founded.
But why should Facebook be entrusted with creating the next big thing after the smartphone? Many regulators consider it to be too powerful as it is, and it suffers from a trust deficit in some quarters.