4 things you need to know about the metaverse this week

Nov 23, 2022

Five Meta avatars. Meta is cutting more than 11,000 jobs but is not backing away from the metaverse.

Meta is cutting more than 11,000 jobs but is not backing away from the metaverse. Image: Meta

Cathy Li

Head, AI, Data and Metaverse; Member of the Executive Committee, World Economic Forum Geneva

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Meta is cutting more than 11,000 jobs as it doubles down on its metaverse bet amid declining advertising and decades-high inflation. Image: Reuters Graphics

The Free Republic of Liberland is going a step further than recreating itself in the metaverse. Image: Free Republic of Liberland

The metaverse could boost Asia's GDP by $800 billion-1.4 trillion a year by 2035 Image: Statista

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