Facebook will have a new chief technology officer next year to help transfer the social media giant to Mark Zuckerberg’s vision of a “metaverse company”.
The company’s current CTO, Michael Schroepfer, announced on Wednesday that he will retire in 2022 and be replaced by Andrew “Boz” Bosworth, who heads Facebook’s hardware division, including the AR / VR group, Reality Labs.
“After 13 amazing years on Facebook, I have made the decision to step down as Chief Technology Officer and move on to a new part-time role as Facebook’s first Senior Fellow in the company sometime in 2022,” Schroepfer announced in a Facebook post on Wednesday.
C-suite shakeup marks a crucial step in Facebook’s shift from an advertising-centric business model on social media to creating a next-generation “metaverse” business.
Metaverse is a virtual world where a large number of people can live, work and socialize just like in the real world, except that it is completely built on virtual reality and augmented reality technologies. The concept is considered by technologists as the next big thing after smartphones and the mobile internet.
In recent years, Facebook has introduced several hardware designed to simulate a virtual living experience, most notably the Oculus VR headset and the Portal video calling device.
“Today, Portal and Oculus can teleport you into a room with another person, regardless of physical distance or to new virtual worlds and experiences,” Bosworth wrote in a company blog post in July. “But to achieve our full view of Metaverse, we also need to build the connective tissue between these spaces – so you can remove the limitations of physics and move between them with the same ease as moving from one space in your home to the next. ”
As CTO, Bosworth will continue to oversee the Facebook Reality Labs division as well as the company’s AR / VR efforts, said Facebook CEO Mark Zuckerberg in a blog post on Wednesday.
“If we do this well, I think over the next five years or so in this next chapter of our business, we will effectively transition from people who see us as primarily a social media company to being a metaverse company, Zuckerberg said in an interview with The edge in July.
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