“Metaverse can provide access to new creative, social and economic opportunities. Europeans will shape it from the start,” Facebook wrote in a statement.

It is expected that 10,000 highly qualified engineers and programmers will find work for the metaverse. The company states that building the “metaverse” is one of its highest priorities.

Facebook says the metaverse “will not be built overnight by one company.” The group declares that it is collaborating with other entities for this purpose.

The service is expected to be developed in 10 to 15 years.

Metaverse is an online world where people can play, work and communicate in a virtual environment, often with VR glasses. Facebook CEO Mark Zuckerberg was a leading voice in the concept.

“Metaverse has the potential to unlock access to new creative, social and economic opportunities. And Europeans will shape it from scratch,” reads the blog post.

The new jobs created over the next five years will feature “highly specialized engineers.”

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Some critics say Facebook’s announcement is meant to distract the public after a string of scandals that have surfaced recently.

In early October, former Facebook executive Frances Haugen testified before a US Senate committee. As she said the company’s products harm children, fuel social divisions and undermine democracy. – The bosses of the company know how to make Facebook and Instagram more secure, but they won’t make the necessary changes because they put their huge profits above people – she argued.

In mid-September, The Wall Street Journal revealed that a Facebook investigation, published in their internal communications, found that: Instagram is harmful to millions of young people, especially teenagersin whom the use of the application contributes to the distortion of their body image. In official communication, Facebook argued that the impact of the application on the mental health of young people is negligible.