When Meta Platforms announced layoffs of more than 1,000 employees in its Reality Labs division, the move was framed as routine cost-cutting. In reality, it marked something far more consequential: a strategic retreat from the metaverse as a central growth narrative. Instead, Meta is pivoting its capital and talent toward portable, AI-powered devices with faster commercial payoffs. For Indonesia, this shift carries lessons that policymakers, startups and investors can no longer afford to ignore. To subscribe please click here
