Former Nintendo Executive: Mark Zuckerberg will only imitate others and his metaverse concept will not succeed

According to reports, the concept of the metaverse proposed by Zuckerberg has attracted industry attention, and his own “Meta Platform Company” has become a supporter of this concept, but a few days ago, a network of Senior game industry executives have questioned the prospect of the metaverse concept, mainly because Meta is not a company that excels at innovation.

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Question Meta

Reggie Fils-Aime, former president and chief operating officer of Nintendo of America, said that the current concept of the metaverse is like cloud computing five years ago, and the Internet 20 years ago. I want to get in touch with the Metaverse.

Fesami said that the future of digital technologies such as the Metaverse comes from small and medium-sized technology companies that are truly innovating, not Meta, the parent company of the Facebook platform. In addition, game companies including Epic are also making excellent innovations.

Speaking to the press Saturday at the South by Southwest conference in Austin, Texas, which focuses on media, music, tech, and more, Faisami told the press that Meta itself is not an innovation company and that if they hadn’t chosen to acquire other innovations in the past Tech companies like Oculus (focusing on virtual reality technology) and Instagram (mobile social tools), or imitating the innovations of others, “I don’t think their current definition of the metaverse will succeed.” A representative for Meta declined to comment on the report.

Fesami said that there are many innovative small and medium technology companies on the market, which are in the stage of seed investment or other venture capital investment, and there will be more integration in the technology industry in the future. He mentioned the recent M&A boom in the online gaming space, such as Take-Two’s acquisition of social game maker Zynga, and he also thought Microsoft’s huge investment in Activision Blizzard was a smart move.

Reggie Terminator

Feisami has been working in the field of online games for many years. His parents are Haitians, and they fled Haiti in the past to live in New York, USA. Fesami recently published a new book, “From Brooks to Nintendo’s Peak,” which describes his personal upbringing, as well as his professional experience at Nintendo, especially in the field of online games, and why he got a “Reggie Terminator” outside. No.

As a black man, it was unusual for Faisami to continue his career advancement at a Japanese company. In an interview, he also criticized the online game industry for not moving more quickly to address the lack of racial diversity among practitioners.

He said that online games are a global industry, affecting more than 3 billion people around the world, and the market size is as high as 200 billion US dollars. However, the multi-racial representation of employees and management personnel in the game industry has not reached the level it should be.

In 2020, Fesami joined GameStop and served on the board for one year. But he has criticized management led by former CEO Ryan Cohen for opposing his proposal.

At the company, Faisami made some suggestions, such as GameStops should be better transformed into e-commerce and better meet the needs of consumers so that the company can be more successful.

He mentioned that Game Station did not have a carefully considered and clearly proposed development strategy, and the company’s management even said that it did not want to state its development strategy because it was worried that other companies would copy the business model. “For me, this statement is unacceptable.” At present, Feisami no longer holds shares in GameStop, but he did not disclose when he sold his shares.

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