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Sheryl Sandberg stepping down as Facebook COO

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461–470 of 619 posts

Re: Sheryl Sandberg stepping down as Facebook COO

#461

Earlier quoted context omitted.

To play devils advocate, Facebook is more essential to my life than it ever was before. * Marketplace was a huge success in terms of subsuming Craigslist. The quality of posts and the volume of postings makes me rarely even check Craigslist anymore. * Small forums for various hobbies are almost entirely driven by Facebook groups now, instead of in the past where you’d find some custom bulletin board where the last po…

From where I'm from (Southeast Asia), Facebook is very essential too. From catching up with family, friends and most of the businesses here prefers transacting on Messenger. We don't really care about Metaverse or anything of the same nature. I think that is just an American thing.

>I think that is just an American thing.

While that the line I normally use, I will give them some benefits of doubt, it is the Silicon Valley / US Tech / US Mainstream media thing.

Re: Sheryl Sandberg stepping down as Facebook COO

#462

Earlier quoted context omitted.

Each of these: Markeplace, Forums, Messenger are non sticky and with countless alternatives. For example one could easily have two-three chat apps and use each with different people. I still use Craigslist, I think it works better and has better organization of categories. The main Facebook app, now that is a unique product - yet frankly, from my perspective it feels completely marginalized, the content there is in w…

> Each of these: Markeplace, Forums, Messenger are non sticky and with countless alternatives True, but they are harder to maintain because of the spam. Facebook has more data on genuine users than a bank and it’s easy for them to block low quality or fraud posts. That’s the true value of Facebook - they know more about of your life than you do.

> they know more about of your life than you do.

Not so sure that they do.

If they knew so much about me why is it that I dislike most that they show me?

Perhaps - and that is now the most worrisome thought - that crap is the "best" they can show and everything else is much worse.

Now that does not bode well for FB's future. Or Meta's, whatever, even their brand feels a lot dumber now.

Re: Sheryl Sandberg stepping down as Facebook COO

#463

"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.

When you saw only one set of tracking cookies, it was then that Mark Zuckerberg was carrying you.

My father is a pastor, so this story has always been plastered over our house in some kind of painting or other artifact. I'll print one with what you said and send him. He'll probably disown me.

Re: Sheryl Sandberg stepping down as Facebook COO

#464

Earlier quoted context omitted.

Completely disagree. Those three things are all gated by intense network effects. Social media type products are generally as sticky as they come. Facebook will continue to be the platform that everyone uses, because who wants to be on a marketplace or messaging app that doesn't have the most people? > one could easily have two-three chat apps and use each with different people I guess theoretically, but in reality,…

> who wants to be on a marketplace or messaging app that doesn't have the most people? But it doesn't have the most people. I have long lost that sense that FB is where everyone is. That feels so 2016 > Apple realized this with iMessage In general iMessage is not a good example because it a product that leverages the unique position of Apple owning the hardware. No other company can play the same game. Apple don't wa…

Your anecdote is noted, and I have a similar experience with regard to Facebook usage in my circle. That doesn’t change the fact that Facebook has more users than any other platform in the world.

I think you misunderstand my point about iMessage. Apple users have a very good reason to use different chat apps. Most people probably text non iPhones every once in a while. Yet every iPhone user I know refuses to download other chat apps. It’s not like there’s a big barrier to getting WhatsApp, they just don’t want multiple chat apps. People who are already using WhatsApp feel the same way, and there’s much less reason for them to switch, since the product doesn’t purposefully knee cap users.

Re: Sheryl Sandberg stepping down as Facebook COO

#465
post #25

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…

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Re: Sheryl Sandberg stepping down as Facebook COO

#466
post #25

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 think the pivot to Meta was a desperate attempt to avoid the decline that was already happening.

It’s pretty clear Facebook will go the way of MySpace.

Re: Sheryl Sandberg stepping down as Facebook COO

#467
post #25

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…

Don’t confuse investor sobriety after an epic party with strategic miscalculation. Zuck is taking a gamble. Good for him. It’s extremely rare for a big co to have the balls and for leadership to have the autonomy to do this these days. He has both. He may fail. But at least he took a big hairy audacious risky shot at first to market and a chance at being what Steve Jobs is to smart phones. I wouldn’t count him out ju…

Isn't every terrible business decision a gamble that "could have paid off" if one thing or another happened?

Being wrongly infatuated with a concept as Meta seems with metaverse is not a gamble IMHO.

It seem more like a stupid decision done by someone that became successful by being in the right place at the right time. And now they want to prove that it wasn't an accident and that they have it takes to repeat hence become infatuated with an absurd idea that we want to be inside the FB world.

Re: Sheryl Sandberg stepping down as Facebook COO

#468
post #25

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…

Well, I strongly disagree. I would be shocked if VR/metaverse does not massively grow within the next 10 years. I think the headsets alone will continue to get massively better which will convert most of humanity, just like how much better iPhones got since the first one. In fact, I would bet anything on the foregoing, as I have near total confidence in that aspect. It’s much harder to figure out which companies will…

> I think the headsets alone will continue to get massively better which will convert most of humanity

How will it get better? The only way it can meaningfully get better is if it disappeared.

The problem with the current state of VR is not the software, the app store or moderation, it is the form factor and the ergonomics.

Very few people want to strap on a giant heated helmet to their face and experience the eye strain associated with watching a very bright light from a point blank distance through lenses that need to be adjusted perfectly every time. It is just too much of a hassle.

A neuralink-type chip, if at all feasible, is a much more promising approach.

Re: Sheryl Sandberg stepping down as Facebook COO

#469

Earlier quoted context omitted.

>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…

As far as I can tell from the material Meta has released, they have an incredibly ambitious vision for the metaverse. Essentially, I believe they want to create glasses that you wear, that allow you to see other people in your space, wherever they are. So you could have a conversation with three friends in your living room, as if they were there, while they could be on different continents, making physical location i…

Seeing people in the same room with a pair of glasses is the same vision for the metaverse that has existed for decades, there is nothing new or original about that part of Meta's vision.

The best choice they made was to sell a balanced Oculus (high-res and decent battery with low-power compute) as a loss leader rather than continue down the tethered high-powered Rift path.

AR screens, SLAM, 3d reconstruction has well over a dozen well-funded companies gunning for the same result. Several companies are going to lose hard, similar to Magic Leap's recapitalization.

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