I worked at Facebook for some time, and did a bunch of data work. We had this culture of building something, looking at the results between the experiment groups, and then choosing the statistically more successful one -- i.e. a newsfeed algorithm that had better engagement. This sounds great at first, and certainly is straightforward if you want a promotion. But behind the scenes some of us had this thought that our…
Yes, Facebook is now almost useless. The only reason to be there is to keep track of friends and family, but it has gotten to the point where if a family member has a big life event, I'm hearing about it through traditional in-person or on-voice-call word of mouth _faster_ than through Facebook, because Facebook keeps deciding for me what it wants me to see. Netflix has kept trying to make it harder for me to find wh…
Not my experience. A contractor recently told me almost all of his business were driven by his company's FB page. I'm also aware of a few small businesses who do most of their business via FB connections. FB is well and alive in the mainstream, even if it skews toward more older group of people.