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Valve CEO says Metaverse is just hyping up technology we already have

By Ameya Paleja.

Gabe Newell, the co-founder and CEO of Valve Corporation, the company that gave us iconic games like Half-Life and Portal, does not believe in the hype around the metaverse.


While Newell wasn't talking about one person per se, he called the metaverse ideas floating around a bunch of "get rich quick schemes", which weren't doing much to change technology as much. Newell even added that Neal Stephenson, who has been credited for coining the term 'metaverse', is Newell's friend himself, and that he is at wit's end with all the hype around the metaverse.

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