CLEAN : Facebook rebrand: 'There is no meaningful change', says analyst

The transcript discusses the unwise decision of changing a corporate brand name to alter perceptions without making meaningful changes. It highlights the disappointment and ridicule that can arise from unmet expectations. The metaverse is considered a potential new direction, but a name change is unnecessary. The current state of virtual reality is mostly limited to gaming and training, and it is not yet mainstream.

What alternative does the speaker suggest instead of changing a corporate name?

How does the speaker view the current state of virtual reality?