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The metaverse and Web3 are two trends supposedly set to revolutionize the digital world. But the richest man IRL, Elon Musk, is not keen on either. In a recent interview, the SpaceX and Tesla CEO said he couldnt see a compelling use-case for the VR-driven metaverse, and derided Web3 a nebulous concept in which internet services are rebuilt around blockchain and cryptocurrency as more marketing than reality, adding I dont get it.

Musk admitted that he might just be too old to understand these new technologies. Am I like one of those people who was dismissing the internet [in] 95 as some fad or something thats never going to amount to anything? he suggested, before noting that in 1995 he was very much one of the individuals who understood the potential of the internet.

Musks criticism of the metaverse focused on a lack of compelling use-cases and a disappointing experience for consumers. Sure you can put a TV on your nose. Im not sure that makes you in the metaverse, he said. I dont see someone strapping a frigging screen to their face all day and not wanting to ever leave. That seems no way. He later added: I currently am unable to see a compelling metaverse situation.

Right now, the metaverse is mostly an over-hyped branding exercise for a series of virtual worlds, some of which are dependent on VR headsets to access. Critics point out that weve basically tried all this technology before, with the failed VR boom of the 90s and the rise of spaces like Second Life in the early 2000s. What this current iteration mainly offers is improved hardware, a flashy new title, and billions of dollars of backing from giants like Facebook-owned Meta, keen to control what they see as the next big digital platform.

Web3 is another alternative vision for the future of the internet, with much boosterism driven by the idea that ordinary internet users will be able directly profit from their content and activity online (rather than having this value captured by a few behemoth internet companies). Musk didnt spend much time discussing Web3, but hes previously expressed skepticism about the project on Twitter, joining fellow tech CEO Jack Dorsey. (Dorseys criticism is that Web3 wont democratize anything, but will simply shift power from existing incumbents like Facebook to upstart venture capital funds like Andreessen Horowitz.)

Elsewhere in the interview with The Babylon Bee a conservative and Christian humor site Musk discussed climate change (Im not in the camp of super-alarmist global warming, he said, but added that negative effects like rising sea levels are not a wise risk to take), the existence of other life in the universe (If anyone would know about evidence of aliens it would be me, and Ive seen nothing) and said there should be a regulatory agency to oversee advanced AI that he thinks poses a threat to humanity.

In the beginning of the episode, Musk also took time to compare The Babylon Bee to The Onion, which he said had gotten too politically correct and leftist. (Its worth noting that Musk used to be a huge fan of The Onion but changed his mind when the publication made fun of him.) Musk said that The Onion had got the woke mind virus, which he later described as arguably one of the biggest threats to modern civilization.

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Elon Musk: metaverse isnt compelling and Web3 more marketing than reality - The Verge