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Facebook loses users for the first time

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Re: Facebook loses users for the first time

#952
post #774

There is something else going on around FB. Almost all activity online has shifted away from the Social Graph to a Content Graph. Almost nobody wants to see what their friends are doing online anymore. In a lot of ways it can be cringey. People just want the latest, catchiest content. TikTok and Youtube are the OGs here, but it's everywhere when you start to look. Twitter timeline changes being an awkward but working…

Maybe it’s becoming a major media source?

You know, like your on-demand TV channel that knows what you want, already.

Re: Facebook loses users for the first time

#953

The fact of the matter is they still have close 2 billion active logins each day. Even if they have settled in matters of user acquisitions they haven't stopped harvesting increasing amounts of profit from each users. I would like to know how the statistics of revenue per user would be from this point on.

I'd like clear qualifying of what a login means. Does that mean I goto facebook.com or open FB app at least once a day? I imagine "daily login" could be artificially inflated in all sorts of ways like having fb.com tab open on my browser and never actually going to it as one example.

>>artificially inflated in all sorts of ways like having fb.com tab open on my browser and never actually going to it as one example.

Worse, Logged in once, then told Facebook to keep themselves logged in forever. This technically means users who have logged in.

Re: Facebook loses users for the first time

#954
post #578

This is how the narrative of Facebook looks to me: Zuckerberg got lucky and then executed brilliantly, transitioned from nerd hacker to CEO amazingly well. He deserves a lot of credit for that. Since then, Facebook have innovated very little. Zuckerberg recognised this, and bought Instagram and Whatsapp in lieu of building an innovative company. The latter is clearly really difficult to do. Without a stream of new id…

Microsoft, for all its flaws, has strengths. They're grittier than most and ultimately, know how to deliver software products and build businesses around them... very different products and very different businesses. Leadership was a lever to these, but there was something to lever FB have never built a successful product besides Zuck's original. They have never created a good business besides the FB and program. The…

> FB have never built a successful product besides Zuck's original.

Can we argue the same point for Google?

Considering their dominant position in digital ads, I wonder what this implies.

Re: Facebook loses users for the first time

#955
post #578

Earlier quoted context omitted.

Microsoft, for all its flaws, has strengths. They're grittier than most and ultimately, know how to deliver software products and build businesses around them... very different products and very different businesses. Leadership was a lever to these, but there was something to lever FB have never built a successful product besides Zuck's original. They have never created a good business besides the FB and program. The…

> FB have never built a successful product besides Zuck's original. Can we argue the same point for Google? Considering their dominant position in digital ads, I wonder what this implies.

I don’t think so. Android, Gmail, Maps, Chromebook…

Re: Facebook loses users for the first time

#956
post #578

Earlier quoted context omitted.

Microsoft, for all its flaws, has strengths. They're grittier than most and ultimately, know how to deliver software products and build businesses around them... very different products and very different businesses. Leadership was a lever to these, but there was something to lever FB have never built a successful product besides Zuck's original. They have never created a good business besides the FB and program. The…

> FB have never built a successful product besides Zuck's original. Can we argue the same point for Google? Considering their dominant position in digital ads, I wonder what this implies.

https://en.wikipedia.org/wiki/List_of_Google_products

Re: Facebook loses users for the first time

#957
post #774

There is something else going on around FB. Almost all activity online has shifted away from the Social Graph to a Content Graph. Almost nobody wants to see what their friends are doing online anymore. In a lot of ways it can be cringey. People just want the latest, catchiest content. TikTok and Youtube are the OGs here, but it's everywhere when you start to look. Twitter timeline changes being an awkward but working…

Yep, you nailed it. TikTok is hitting Facebook and they are unable to respond. May be they will by copying the algorithm but things are going to get worse before they improve. Not sure if they will change Facebook itself though. That is too entrenched and too many users to change. This is going to be tough for fb to fight.

No post body was provided.

Re: Facebook loses users for the first time

#958
post #774

There is something else going on around FB. Almost all activity online has shifted away from the Social Graph to a Content Graph. Almost nobody wants to see what their friends are doing online anymore. In a lot of ways it can be cringey. People just want the latest, catchiest content. TikTok and Youtube are the OGs here, but it's everywhere when you start to look. Twitter timeline changes being an awkward but working…

I really do miss the utility apps of the early 2000s that went social. I'm travelling soon and want to re-visit a restaurant I went to some time ago and none of the apps on my phone will make it easy to look up where it was I ate before. When I was living abroad in the early 2000s, the social apps like Foursquare made that kind of utility-to-me feature fun and useful. FB, as a social platform, is moving away from bei…

Better to check in on Google Maps rather than Foursquare so you keep your history when the small companies pivot away or abandon the service. It is bizarre to me that Foursquare didn’t keep it going though

Re: Facebook loses users for the first time

#959
post #774

There is something else going on around FB. Almost all activity online has shifted away from the Social Graph to a Content Graph. Almost nobody wants to see what their friends are doing online anymore. In a lot of ways it can be cringey. People just want the latest, catchiest content. TikTok and Youtube are the OGs here, but it's everywhere when you start to look. Twitter timeline changes being an awkward but working…

One reason the Metaverse bothers me so much is a) because it's related to the company in general calling itself Meta, which itself is most likely a smokescreen to distract from the company's negative image and b) because it includes all the properties Zuckerberg has directly lied about and made worse - notice how the Instagram people left after conflicts with Zuckerberg, how Whatsapp users are forced into data sharin…

https://www.google.com/amp/s/nypost.com/2022/02/01/mom-opens...

Re: Facebook loses users for the first time

#960

This is how the narrative of Facebook looks to me: Zuckerberg got lucky and then executed brilliantly, transitioned from nerd hacker to CEO amazingly well. He deserves a lot of credit for that. Since then, Facebook have innovated very little. Zuckerberg recognised this, and bought Instagram and Whatsapp in lieu of building an innovative company. The latter is clearly really difficult to do. Without a stream of new id…

What baffles me is how they pretty much destroyed the social network aspect of it. 10 years ago Facebook was the place to know what’s going on in your social circle. You’d find out about events or share experiences, setting relationship status was something of significance. Then the feed became more and more laden with sponsored posts or posts by meme pages. Sharing something personal in this kind of environment sudd…

Facebook killed the value of their own application for me.

It’s strange that they didn’t spot this happening. They do now, at least!

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