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Why did the metaverse die? Because Silicon Valley doesn’t understand the concept of fun
(www.fastcompany.com)
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Yeah they (Facebook) chose the word as a form of marketing to rebrand something that already existed. It's similar to how we went from "machine learning" to "AI".
That's the thing I hate: the word AI is being misused. It's not a buzzword, at least it wasn't supposed to be. It's artifical intelligence, not in the sense of having a brain but in the sense of being an intelligent algorithm solving an issue. The path finder algorithm A* (A Star) is in this group. Machine learning is a sub category of AI, nothing less.