Meta alone could have solved like 50% of famines/heavy malnutrition currently happening in the world if they used their metaverse budget to do something useful. And they'd still be so rich they wouldn't know what to do with the leftovers.
No one "needs" to push for that bullshit metaverse, the real world isn't shitty enough, yet, apparently they're dead set and achieving that, for people to wish to live in a computer.
You don't understand how money works.
They are not burning money, they are employing people like you directly or through 3rd party partner companies. The beneficiaries can decide themselves how to spend money. They can live a good life or help others.
It would be interesting to see how much of a difference a lump sum of $50 billion would make, or not make, to long term world hunger.
It’s a lot of money, but the WFP has spent more than that in the past 10 years on the problem.
A lot of the issues with world hunger aren’t easy solved by throwing more money at it. Politics, logistics, corruption etc. It can’t be solved without money either, of course.
Not to say that money couldn’t be better spent elsewhere than the metaverse.