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Facebook's Little Red Book

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Re: Facebook's Little Red Book

#71
post #12

Earlier quoted context omitted.

> There was the idea that person to person public discourse could resolve many societal problems. Nobody thought this.

Provide evidence. 2012 is pretty late to have been drinking the techno-utopian koolaid but millions of people, and IMO, maybe half of silicon valley tech workers, took this assumption as ground truth. This breathless article from 2009 [1] (found in 2 seconds by searching "tech will change the world year:2009") is a good example of what most people thought. You can find blog many posts and articles from the time sayin…

Technology has lifted a lot of people out of poverty.

Telemedicine reaching remote villages, drone deliveries of medical supplies, mobile phones giving farmers weather forecasts, and even allowing those farmers to find more competitive buyers for their crops.

Even within the US, for the longest time technology was the only field that was not ruled by elites. Any kid who was smart enough could get their hands on a computer somehow, learn to program, and have a career ahead of them. No medical associating limiting applicants, no elitist law firms, no unions only giving membership cards to children of existing members.

A lot of poor kids in the US, myself included, got lifted up by technology.

Re: Facebook's Little Red Book

#73

page 27 > Zuckerbergs's Law: The amount each person shares doubles each year. I initially thought wealth, ideas and love was meant but no ... it's just data.

[flagged]

I’m quite confident this would have been based on metadata collected by Facebook from its user activity. The company has been extremely analytical about its own growth, and id be surprised if this wasn’t a conclusion from an in-house data scientist that just got Zuckerberg’s name stamped on it.

Re: Facebook's Little Red Book

#77

page 27 > Zuckerbergs's Law: The amount each person shares doubles each year. I initially thought wealth, ideas and love was meant but no ... it's just data.

[flagged]

While I’m sure Facebook had data to roughly justify this, just like Moores Law, I’m sure this is equal parts back-projection as prophetic declaration of intent.

For Facebook, they needed the cultural expectation to be ever-increasing data sharing. They (along with other companies) facilitated the creation of tools to share ever-increasing amounts of data.

Re: Facebook's Little Red Book

#78
Just read the whole thing. Not one word about ads.

From the 2014 book:

Remember, people don't use Facebook because they like us.

They use it because they like their friends.

Where that went:

We have the power to cut them off from their friends.

So we can control everything they see.

Muahahaha!

Re: Facebook's Little Red Book

#80
Okay, so Facebook started as a way to interconnect people. But it's a business, so it has to make money to survive. So they added ads. And now my feed is 99% ads, 1% updates from my friends. Sooooo mission accomplished, right? Right?
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