201–210 of 619 posts
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What are you talking about? She is the face of the Cambridge Analytica scandal.
And Facebook/Meta has come out of all that with even more revenue than before. I call that a business success even if not an ethical success.
I increasingly believe that Facebook’s pivot to Meta will end up going down as one of the biggest misses in the history of business. The metaverse is a real idea yes - but strapping a phone to your face and walking through your coffee table isn’t it. Especially not with a mediocre centralized FB owned “virtual world” where they inflict heavy taxes and content moderation. Facebook has neglected its core businesses for…
What about the metaverse ? :) Isn't it something not defensing and mass market ?
I feel like you are reproaching Meta to not do exactly what they do. They are having a massive innovative bet on how people will spend their time in the future.
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I feel compelled to say that your second sentence is probably the funniest thing I've ever read on HN. It resonates very strongly with my belief that VR/Metaverse will continue to under deliver. What people want is an escape from reality. "Just like" Ready Player One or anything from a wide choice of science fiction novels. The problem is that these systems require a fundamental disconnect from reality. Not only do w…
>What people want is an escape from reality. I still don't understand what's the difference between MMOs and Metaverse. Like it's on mobile? That's all? Peak WoW _was_ a social network something Zuck is dreaming about (and that's while you also have to pay a monthly sub). I've read around and some people say that the difference people can _create content_ in Metaverse but... sandbox MMOs are also a thing for a long t…
Lack of mundane grinding for exp, rep and mats?
I increasingly believe that Facebook’s pivot to Meta will end up going down as one of the biggest misses in the history of business. The metaverse is a real idea yes - but strapping a phone to your face and walking through your coffee table isn’t it. Especially not with a mediocre centralized FB owned “virtual world” where they inflict heavy taxes and content moderation. Facebook has neglected its core businesses for…
It's fun to see people demanding more moderation and berating excessive moderation in FB, regularly, on this very forum.
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Meta reported revenue of $27.9 billion in Q1 2022. They will continue making billions from ads for decades even if the metaverse play goes nowhere. But if you believe that VR/AR is going to eventually go mainstream then Meta is positioned to be a player in that market, even if it’s just a 2nd or 3rd place player that’s potentially billions in additional revenue.
> They will continue making billions from ads for decades even if the metaverse play goes nowhere. and no competitors outperform them, or advertising paradigm shift occurs?
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You need to check out "Metaverse Twitter". You're missing out on a lot of fascinating developments. The field is in its "90's internet phase" right now. The tech is still immature, but is rapidly growing in capability and ambition. Just like most people in the 90's had no idea how "internet" would be used, I think our ability to conceive of VR/AR/XR/metaverse is similarly myopic. I would give it a 10-15 year timeline…
VR hype predates the wider adoption of the internet. It's been in this "90s VR phase" since the 90s .
"Sitting by Mark’s side for these 14 years has been the honor and privilege of a lifetime. [...] In the critical moments of my life, in the highest highs and in the depths of true lows, I have never had to turn to Mark, because he was already there." If this is an accurate reflection of her experience, I don't expect it's a side of Mark Zuckerberg most of us imagine exists.
I increasingly believe that Facebook’s pivot to Meta will end up going down as one of the biggest misses in the history of business. The metaverse is a real idea yes - but strapping a phone to your face and walking through your coffee table isn’t it. Especially not with a mediocre centralized FB owned “virtual world” where they inflict heavy taxes and content moderation. Facebook has neglected its core businesses for…
I don't know anyone under 50 who actively uses Facebook.