Facebook CEO sees augmented reality's future in the camera

Mark Zuckerberg sold over $1bn worth of Facebook stock in 2016 to fund Chan Zuckerberg Initiative						
						Enterprise															By:				CIOL Writers		
								|April 17

Facebook also launched a virtual world, called Facebook Spaces, created to let users of its Oculus Rift VR headset hang out with avatar versions of their friends in a virtual world.

AR Studio is now in closed beta for Mac developers.

Zuckerberg said Facebook has "a lot of work" to do on this front. "After acknowledging the limits of AI in chatbots, Facebook will course-correct by focusing on the utility of bots, without diminishing the company's long-term plans for Messenger".

And while this announcement seems pretty innocuous, make no mistake: Facebook is, once again, putting itself into direct competition with Google and Apple, trying to create yet another parallel universe of apps and tools that don't rely on the smartphones' own marketplaces.

Last year, Facebook made its bot platform the highlight of the event, and since then tons of chatbots have flooded Messenger. And at the conference we might hear more about further steps the company is taking to monitor the reliability of news on the social network. Zuckerberg acknowledged that the company was late adding the camera effects to its apps, but said, "I'm confident that now we're going to push this augment reality platform forward".

Rather than being able to see a little Pikachu down the street from your house, Facebook is going to let developers add nearly anything to the real world.

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Facebook F8: What can you expect? "We want glasses and contact lenses that look and feel normal and overlay digital information over the real world", he said, adding that you wouldn't need to have a TV on your wall when your AR glasses could conjure one up on demand.

VR social networks and communities already exist, and they're experiencing the same etiquette questions as social networks. Oculus, which was purchased by Facebook for $3 billion in 2014, has also faced legal fallout over its intellectual property, after a grueling court case resulted in a $500 million judgment against the company. For instance, one woman was sexually assaulted while playing a video game in VR. Facebook Spaces launches in beta for Oculus Rift and Touch today, which can be download it now from the Oculus Store.

Facebook also announced a number of new tools just for developers.

There was more than a little bit of a hint that Facebook is working towards eventually making AR glasses, something Snap wants to do with its Spectacles video glasses. Developers can now build simplified pages and apps for people who have slow internet connections.

This year's F8 will be the first after Zuckerberg announced his 10-year roadmap for the company.