761–770 of 923 posts
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Totally. I'm sure I'm not alone in saying that if I had to pick a FAANG to put all my retirement savings into Meta would absolutely not be my pick. Heck, if I was forced to either short or invest Meta with all my retirement savings now betting on it's value in 25 years.. I'd short it.
Meta is going to have higher ads revenue than Google this year.
As much as I hate Zuck - he's a ballsy CEO, he makes big bets, some work and some don't. Instagram and Whatsapp did! Heck in Asia and Latin America entire economies use Whatsapp for transacting business.
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Imagine the productivity gains if they just spent $150B on booze and cake for employees!
That is one of my huge complaints about the current levels of AI investments. You can do pretty much anything you want if you got $150B to spend, and then you go burn it on being uncompetitive in the AI space. Then you have the $80B Metas Reality Labs spend on a failed virtual reality and a pair of Ray-Bans. It's not like Meta has nothing to show for the money it spend, but it seems like they could have spend that mo…
I am in some ex-meta groups and people tell they got laid off and in the same sentence ask how/when can they apply again. If someone is laid off for supposed ‘low performance’ and they still want to go back because it pays 10-20% higher than others is just weak. Have some self esteem!
On the topic of recording clicks and keystrokes: they have one of the most extensive surveillance-ware on employee devices since 2015. So its not new. Its posted publicly to avoid some law suits in near future.
On the topic of training ai with this data: where do i even start. Meta is so delusional. NO ONE uses the ai in whatsapp, messenger, facebook, instagram. Many people don’t even try it. So regardless of the quality of the model, no one wants to speak to meta’s ai. Even if they produce a very efficient coworker, why would anyone touch meta’s ai? I wouldn’t want to touch it with a 10-foot pole.
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> f 1 employee can do the work of 3 now but Meta's TAM can't grow 300% If you go by the measure of LoC per employee, then your number is probably even higher, somewhere between 10-20x per employee. The problem being, producing 10.000 lines of AI-slop per day is not a good productivity measure - all it does is create more technical debt and issues that now nobody is reviewing because a) people get fatigued and at some…
funny you say this, my meta swe friends have been talking about how many more loc they have been producing since they were given llms tens of thousands more. the thing i have found most interesting is how that seems to be the only metric that actually matters to them. just generating more and more.
I thought this will be 20% like we heard a few weeks ago. I am still waiting on the news that they are killing the quest headset though. It’s going to happen when mark finally lets go of this anchor
Why would any candidate consider Meta for their career when the CEO flounders money and then lays off recklessly.
90% of employees aren't getting laid off and continue to earn top of market pay. Even if you think layoffs are distributed randomly (they aren't), that has positive EV.
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> f 1 employee can do the work of 3 now but Meta's TAM can't grow 300% If you go by the measure of LoC per employee, then your number is probably even higher, somewhere between 10-20x per employee. The problem being, producing 10.000 lines of AI-slop per day is not a good productivity measure - all it does is create more technical debt and issues that now nobody is reviewing because a) people get fatigued and at some…
> Maybe in the world of WP-plugins/typo3 and other simple work, though even those are fairly complex This was a reasonable position to hold 9 months ago but it’s absurd now. I’m not going to convince you - but you really should give it a try.
Can they liquidate 10% of their AI infra while they're at it?