291–300 of 540 posts
Earlier quoted context omitted.
Netflix looks shaky as hell. They need a huge bet, like Rings of Power or House of Dragons. The entire programming looks so completely awful cookie cutter at the moment.
They are trying to make a play for games. Seems like a market even more risky than films, but whatever.
Earlier quoted context omitted.
I don't think "touch grass" is an appropriate response to legitimate questions of professional ethics. Comments like this are why I think ethics courses should be mandatory for any CS or engineering degree.
Stating "you should break contact with the recruiter because Meta is causing irreparable damage to society" is not a "legitimate question of professional ethics." It's like saying "you should be rushing the capitol, because democrats are causing irreparable damage to society by stealing the election", and then claiming it was a legitimate question of ethics of democracy. For both of which, the suggestion to touch gra…
Zuck is absolutely going to call back all the remote engineers that he hired over the past two years to the office, and just like with Tesla, those who refuse will be involuntarily separated. Work from home, _is_ going to die at the megacorps.
This is my fear at Google. I'm now remote for family reasons. If for some reason they decide to do layoffs the "cut the remote staff" approach might feel attractive for foolish execs.
Earlier quoted context omitted.
Not even compete with Android, just build a better Android phone, and sell it near cost (or at cost). Would have given them troves of data I'm sure. The muscle is around contract negotiation with the carriers and co-opting those partnerships, but they had the money to burn on this.
Who in their right mind would buy a Facebook phone, considering the neverending security issues, data leaks and total disregard for user privacy?
Earlier quoted context omitted.
I interviewed with Meta a few months ago and all my interviewers were upbeat, enthusiastic, and excited. Meanwhile my Google and Amazon interviewers looked miserable and bored as fuck. With Google it's actually been a pattern. Interviewed for them and passed HC three times, but each time I couldn't bring myself to work for them given how bored everyone looked.
A strategy my friend used was to get the "soft offer" and then shop around for a team for as long as it takes to find one that excited him.
Earlier quoted context omitted.
Absolutely. The entire thing is absolutely about China. Russia is a broken country that would have no significance beyond its hydrocarbons and nukes. China is an economic superpower and growing world power. Very soon it could replace the US as the primary driver of globalism. If the west had shown itself as disunited, it would have been time for China to take center stage in world affairs for the next hundred years.…
China doesn't have another generation. They'll be going into a very stark population collapse that's worse than what Japan is experiencing now, where adult diapers outsell baby diapers. I expect that China's economy and influence will take the shape of an upside-down U, with the peak in the next decade. If they're going to move on Taiwan, they cannot wait forever. They came close to catching up the US, but I don't th…
Like other the Asian Tigers with death spiral demographics still grew significantly simply because cohort of skilled workers increased massively even though demographics broadly declined. There's a reason PRC is rapidly moving up science and innovation indexes (controlled for quality, not just citations). The reality is, PRC demographics has never been MORE competitive, and will increasingly be, because advanced economic development phase is just getting started. Quantity of quality is in human capital is increasing at stupendous pace. Now add in PRC is adopting as much industrial robots / automation than the next 15 countries combined and that overall demographic decline (as in net population decline) only improves PRC strategic position by reducing import dependence. And that the massive regional income disparity + huge home ownership + enviable house hold savings rate = PRC elderly simply don't have significant expection (or need) for old age social support. In many ways, PRC is almost optimized for weathering demographic bomb with less social cost relative to properly developed countries that are seeing comparable demographic decline.
Earlier quoted context omitted.
> Netflix is probably going to the first FAANG company to fold Why would Netflix go out of business? Are they overly burdened by debt?
Much stronger competition in the streaming space. Disney has better content for every family with kids, so they're first choice. Amazon already has people via Prime. How many more are you going to buy? Possibly one, small chance of two? You've got Netflix and all the others scrambling for that last space in the house. Plus they don't seem to be able to make a hit show of the kind that gets subscriptions, just a lot o…
Our startup spends a little bit on Facebook Ads (across FB, Instagram, etc). It's very clear over the past few months that there's trouble in the ads engine. Attribution is a mess, ad efficiency fluctuates randomly, the UI and API are flaky. I don't know whether this is a result of the ios privacy changes, the broader economy affecting ad spend, or internal issues... Maybe a mix. But it's clear that Meta's main reven…
What does it mean when attribution is a mess? Or efficiency fluctuating? Does this imply that Facebook is showing ads in places they should not be, because they have inventory they cannot sell?
Attribution means being able to "attribute" a user and the conversions (eg signups, purchases, etc) they do back to your ad spend. So typically, advertisers want to be able to know that e.g. this ad campaign spent $100, led to 5 clicks, which led to 2 sign-ups and 1 purchase. Before the iOS privacy changes, Facebook could piece all those things together even though the ad might be running either on Facebook or another app, and the conversions are happening in your ad. Aka they could "attribute" the events back to the ad. With the new changes, Facebook can't put all those pieces together as easily, so they can either only do it on an aggregated basis (ie not user-by-user), and/or use probabilistic "modeling" to do attribution. This is good for users, since they are less likely to be tracked, but bad for advertisers who now cannot easily know how effective their ad spend is.
> ... efficiency fluctuating
Let's say one day you spend $1000 and get 100 purchases, that's $10 / purchase. A purchase nets $15 for you, so that is good ad spend. The next day, you spend $1000 and only get 50 purchases, so it's $20 / purchase and you are losing money on your ad spend. These numbers fluctuate a lot more wildly than they did in the past, and it seems to happen randomly, making it hard to commit to spending a certain budget.
This is probably related to attribution, because Facebook uses a lot of Machine Learning to predict who to show an ad to, where to show it, etc based on past conversions. But if they can't really attribute past conversions, it's hard for their Machine Learning model to consistently get results.
Earlier quoted context omitted.
iOS privacy has killed facebook advertisements. Meta is dealing with it currently - so are all small businesses who relied on good conversion from their ad targeting that has gone to isht since then. Apple will probably fill in that void at some point they've got a lock on all that intelligence. I'm curious how long it will take and how they will manage to do it without stepping on privacy toes.
> iOS privacy has killed facebook advertisements A problem I see with FB is that they don't control anything on which they run. They run on stuff from their competitors: it's either Google (Chrome / Android), Microsot (Windows / Edge) or Apple (OS X / Safari / iOS). Despite the downturn these three behemoths are still enjoying a market cap in the trillion+. Meta is actually down to $360 bn. Meta controls neither the…
I can't use the device.
If I dig into the box, and drag it out, I need to deal with all of this stuff. I want to play for example Superhot, but I have no idea how to even reinstall or even if I need to reinstall because I need to login with something above "all over again".
Fucking trash.
The "Metaverse" is just a bad joke regardless if it worked perfectly, but all of this crud means that I can't even be bothered picking up the actual device.
> “I had hoped the economy would have more clearly stabilized by now, but from what we're seeing it doesn't yet seem like it has, so we want to plan somewhat conservatively,” Zuckerberg said. A Meta spokesperson declined to comment. The economy is stabilizing. It's being weaned off of ultra-loose money for the first time in years. The stock market is starting to behave more rationally, demanding that a company whose…
> The economy is stabilizing. The economy is in the early phases of the biggest Fed tightening since at least the 1980s. If you know where that will end up, congrats. For the rest of us, it's very much uncharted waters.
We are not stabilizing. There are serious supply issues, staffing issues, wild currency fluctuations, and fear -- including of nuclear conflict.
I am not sure in what world this is stabilization. It is easy to hit on the "mule" i.e. the average Joe and say "I gave you too much money, that you never saw, thus why Yada Yada, so learn not to eat and that will work fine." This is the naive explanation offered to the public masses to make them feel bad and that they deserve the recession. Aka anything to avoid political suicide. Other countries don't go out saying this fyi-- because e.g. they have a freaking war in the doorsteps during a pandemic and can't produce goods, because no natural gas. Because of sabotage.
Only stabilization is to the bottom.