Facebook scrambles to escape stock’s death spiral as users flee, sales drop
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Re: Facebook scrambles to escape stock’s death spiral as users flee, sales drop
#2No post body was provided.
Re: Facebook scrambles to escape stock’s death spiral as users flee, sales drop
#3I've read "cyberpunk" novels so I had a certain vision of what a virtual world would look like that I probably share with a lot of people. Believe me, it's not the worlds biggest online cyber mall with cyber mall cops telling me to behave myself. Metaverse is a corporate wet dream. I regret spending money on my Oculus glasses.
I'd hoped the virtual world would start out and be built organically by people because it was fun, useful and anyone could make a little money, just like the early internet.
Foisting this mall world on us is not going to work. I hope they adjust.
Re: Facebook scrambles to escape stock’s death spiral as users flee, sales drop
#4I've read "cyberpunk" novels so I had a certain vision of what a virtual world would look like that I probably share with a lot of people. Believe me, it's not the worlds biggest online cyber mall with cyber mall cops telling me to behave myself. Metaverse is a corporate wet dream. I regret spending money on my Oculus glasses. I'd hoped the virtual world would start out and be built organically by people because it w…
> I regret spending money on my Oculus glasses.
The "Metaverse" might be a flop, but what about other VR games? There's tons of good ones out there.
And if you have a decent gaming PC, you can use your Oculus with it and play all the games on SteamVR.
Re: Facebook scrambles to escape stock’s death spiral as users flee, sales drop
#5Glad to see my quitfacebook.org is finally getting some sweet action.
Re: Facebook scrambles to escape stock’s death spiral as users flee, sales drop
#6I've read "cyberpunk" novels so I had a certain vision of what a virtual world would look like that I probably share with a lot of people. Believe me, it's not the worlds biggest online cyber mall with cyber mall cops telling me to behave myself. Metaverse is a corporate wet dream. I regret spending money on my Oculus glasses. I'd hoped the virtual world would start out and be built organically by people because it w…
What you describe exists in opensimulator worlds. It's friday night, so a lot of virtual parties going on: https://opensimworld.com/events
Re: Facebook scrambles to escape stock’s death spiral as users flee, sales drop
#7The US is a small percentage of FB usage. It is the internet in some countries.
Amazing that an iOS update did this though.
Re: Facebook scrambles to escape stock’s death spiral as users flee, sales drop
#8$6.7b in quarterly profit and $40b in cash on hand. Plenty of money to burn on selling people the idea of virtual real estate and Nintento Mii quality avatars.
They're trying to juice ad numbers by jamming more Tiktok style reels into people's IG feeds, which will likely cause an even bigger exodus among IG's biggest accounts.
Re: Facebook scrambles to escape stock’s death spiral as users flee, sales drop
#9I've read "cyberpunk" novels so I had a certain vision of what a virtual world would look like that I probably share with a lot of people. Believe me, it's not the worlds biggest online cyber mall with cyber mall cops telling me to behave myself. Metaverse is a corporate wet dream. I regret spending money on my Oculus glasses. I'd hoped the virtual world would start out and be built organically by people because it w…
Not to detract from your point about Meta, but isn't the online world in books like Snow Crash just as much of a corporate wet dream? I suppose it's more libertarian-corporate than what you might call the liberal-corporate of today, but it's still a brutal and gritty world.
Re: Facebook scrambles to escape stock’s death spiral as users flee, sales drop
#10The US is a small percentage of FB usage. It is the internet in some countries. Amazing that an iOS update did this though.
And it’s difficult for facebook to argue that apple giving users the option to keep their data private was anticompetitive.
This is the classic problem of building on someone else’s platform. I know facebook tried their own phone and bubble based android launchers, but they seemed to give that up too easily. In comparison to the money being spent on meta, attacking their weaknesses on the device front might have been a better avenue. They could have bought their way in rather than building it.