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Jim Cramer on why Meta stock is a buy after interview with Mark Zuckerberg - YouTube
Channel: CNBC Television
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now let's move on to your big guest last
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night uh who was mr zuckerberg you took
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a trip into the metaverse zuckerberg
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telling you it's going to be a big thing
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over the next decade
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the metaverse it's this broad thing it's
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it's not just virtual and augmented
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reality although those are going to be
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some of the new major computing
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platforms that need to get invented for
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this but it's also i think going to be
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the next kind of most immersive and rich
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way that people want to express
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themselves across social media too so it
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kind of goes across everything that we
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do and it's going to be a big theme for
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us over the next decade
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well better be a big theme oh there it
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is
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you do look like you do look like a
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stripper
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avatar in the metaverse from mark is
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much better yeah look you're talking
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about a billion people you're talking
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about a hundred dollars per person
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you're talking about uh market share
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take by zuckerberg because he's simply
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unstoppable you're talking about a
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incredibly cool place to go
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the biggest issue and we just discussed
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it is why would you ever want to leave
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it
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so there are paranormal parental
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controls from the from the the uh
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building up
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thanksgiving's about the metaverse i
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can't help it i know i'm a dinosaur i
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know you need to go anywhere
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now i won't be walking around with
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glasses on just living our bodies
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yes
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okay
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yes
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player one
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yeah ready player one yeah exactly yeah
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all right well let me just tell you that
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when you have a meeting in it
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uh you can whisper to a person you can't
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do that in zoom it's like kind of an
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anti-zoom thing uh
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in other words the office is much more
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listen the enterprise the enterprise is
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much better
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they become very significant enterprises
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we all know remote work is never going
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away we can all argue about how often
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people should be in the office but i
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think it's fair to say they're never
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coming back five days a week and when
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this becomes a reality gym it would
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seemingly enhance the ability to work
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with your colleagues from as far as i
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made the argument yesterday you're still
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not going to walk halls and bump into
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people that you might otherwise not and
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have you know this is so much better
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you have very personal i mean at one
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point i'm talking to mark you know you
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look ridiculous in my outtakes
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he's talking about something and i say
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wait a second do you really have green
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eyes yes my eyes are green
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and i said i look really great in the
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metaverse he said well you know the suit
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is well fitting i said no i'm jacked in
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the metaverse because well we decided to
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make you look strong in the metabolic
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you know look and then there's one thing
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you and i get really old and we can
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still be our youngest i felt like a
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million bucks in the metaverse but
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that's not enough to get the stock
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moving i have so many people should be
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buying this stuff this is so for real
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why because he said that reels is doing
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much better than expected and they're
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making money
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what's the number they're going to be
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spending on the metaverse over the next
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five it's going to surprise you because
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they're giving the developers the
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creator so to speak free reign until
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2024 to write and and they will take no
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cut and that is going to make it so the
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road is very high okay what are they
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spending over the next five years not
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nearly as much as we thought it's not
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going to be the
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tens of billions it isn't no because
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they're so far ahead of everybody i mean
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they already spent 10 last year right
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with no return i am telling you this
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thing is radical i watch
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mark knows i like to garden i watched a
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garden of david attenborough uh much to
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my chagrin i was in a zen
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garden
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where i was very uncomfortable
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yeah i thought that was that he thought
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that was surprising i said i just don't
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really
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care to be zen
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but he urged me to
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learn mark zuckerberg urged me to learn
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to be more zen like that i think right
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there is a kind of a
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a
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donation i don't even know what to say i
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don't either i'm stalled you are you're
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wrong speechless from your own can i say
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that you would okay i'm going to make a
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bowl of crepe clay yes i think people
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should buy one
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question 300 smackers david you won't
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believe it you and i will be watching
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the dock and i will sit the talk being
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outside and i will say
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what happens now does anyone fall off
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the platform and we'll be watching the
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exact same time and i will say i
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actually believe in darren woods and you
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will say watch what's coming
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i can't be with you because you were and
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i didn't get there was no screening
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unlike when you were in jeopardy that's
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true this would be my way to talk to you
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instead of texting you hey i like that
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