Building the Metaverse Responsibly – Investor Relations

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Update on November 15, 2021 at 6:00AM PT:
Today we’re announcing wellness and safety partners we’ll work with to develop youth digital literacy programs for the metaverse:
Update on November 2, 2021 at 5:00AM PT:
Today, we’re announcing additional partners to collaborate with in building the metaverse responsibly. In Europe and the Middle East, we’ll work with the following nonprofit, government and cultural partners:
We’ll continue to update this post with additional partners.
Originally published on September 27, 2021 at 9:00AM PT:
We develop technology rooted in human connection that brings people together. As we focus on helping to build the next computing platform, our work across augmented and virtual reality and consumer hardware will deepen that human connection regardless of physical distance and without being tied to devices. 
The “metaverse” is a set of virtual spaces where you can create and explore with other people who aren’t in the same physical space as you. You’ll be able to hang out with friends, work, play, learn, shop, create and more. It’s not necessarily about spending more time online — it’s about making the time you do spend online more meaningful. 
The metaverse isn’t a single product one company can build alone. Just like the internet, the metaverse exists whether Facebook is there or not. And it won’t be built overnight. Many of these products will only be fully realized in the next 10-15 years. While that’s frustrating for those of us eager to dive right in, it gives us time to ask the difficult questions about how they should be built. 
We’ll work with experts in government, industry and academia to think through issues and opportunities in the metaverse. For instance, its success depends on building robust interoperability across services, so different companies’ experiences can work together. We also need to involve the human rights and civil rights communities from the start to ensure these technologies are built in a way that’s inclusive and empowering.
Here are a few key areas where we’ll work with others to anticipate the risks and get it right:
There’s a long road ahead. But as a starting point, we’re announcing the XR Programs and Research Fund, a two-year $50 million investment in programs and external research to help us in this effort. Through this fund, we’ll collaborate with industry partners, civil rights groups, governments, nonprofits and academic institutions to determine how to build these technologies responsibly. 
Here are a few of our initial partners: 
As a part of this effort, we are also facilitating independent external research with institutions across the globe:
We will be sharing more partners and updates on our progress as the work continues.
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