Meta’s Metaverse‑to‑Wearables Pivot

Meta is cutting roughly 1,000 Reality Labs jobs (≈10% of the group) and moving investment away from immersive VR headsets toward AI‑powered wearables and phone features after multiyear losses exceeding $70 billion. The shift signals large‑scale reallocation of talent, product roadmaps, and data‑collection vectors from full‑immersion hardware to ambient, phone‑integrated assistants. — The pivot accelerates debates over who controls the next layer of personal computing (device defaults, OS/assistant lock‑in), workplace disruption in high‑tech labor markets, and privacy and antitrust policy as ambient AI becomes mainstream.