51–60 of 101 posts
Why do people continue to work at Meta? Especially when it's been clear to all for several years now that their plan to Change The World is to make the world a far worse place? Why do people want to be a part of that and remain a part of that?
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This initiative will fail like the Metaverse did.
People actually use AI. People do not use virtual reality headsets.
People out of work don't either.
Even people with jobs don't go to FB or Instagram hoping to read AI-generated slop.
Meta is about to find out all the above the hard way.
Meta isn’t going away anytime soon, but it’s on a slow and gradual decline into irrelevance. Ironically Zuckerberg has now broadly become the has-been geriatric business type he raged against so hard when Facebook began. Companies in this stage default to exactly what Meta is doing, pound their employees with pointless initiatives and programs that just grind people to the bone and ultimately go nowhere.
It was a bet. It didn’t pay off. His billions might be tied to the value of the company but his millions are safe and secure. He can keep taking bets for a long time.
Meta is just an investment vehicle for him at this point.
Meta isn’t going away anytime soon, but it’s on a slow and gradual decline into irrelevance. Ironically Zuckerberg has now broadly become the has-been geriatric business type he raged against so hard when Facebook began. Companies in this stage default to exactly what Meta is doing, pound their employees with pointless initiatives and programs that just grind people to the bone and ultimately go nowhere.
He was done with Facebook. Then he read Ready Player One and thought fuck it, why not? It was a bet. It didn’t pay off. His billions might be tied to the value of the company but his millions are safe and secure. He can keep taking bets for a long time. Meta is just an investment vehicle for him at this point.
They also seem to have adopted a no-remote hire policy and are in an extreme high CoL location. It’s a truly awful mix for trying to attract outside talent. I don’t know why they even bother.
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You could have said this every year for so many years about so many companies. If people will work for Palantir, they'll work for Facebook. Facebook could be a lot worse and I think a lot of their employees would stick around. I guess a response at the industry level would be not hiring ex-FB people etc, treating it as a red flag.
You're confusing _evil_ with _cruel_. Palantir is the former, but from what I have heard they treat their employees well. They are attracting exactly the kind of people they want.
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He was done with Facebook. Then he read Ready Player One and thought fuck it, why not? It was a bet. It didn’t pay off. His billions might be tied to the value of the company but his millions are safe and secure. He can keep taking bets for a long time. Meta is just an investment vehicle for him at this point.
Yes Zuckerberg will be fine. The employees caught up in his misadventures, maybe not so much.
Imagine trying to hire engineers in 2 years with all of these stories lingering. There was maybe a brief window where "everyone understood" there had to be a correction to the post-pandemic overhiring spree... but we're well past that now. These companies doing this kind of performative cruelty have started their inexorable destruction.
I think we should put behind us any discourse about companies risking their hiring pool by being hostile to the society or their own employees. People will definitely try to be hired at $company if it means six figure pay, doesn't matter the sector. We have plenty of examples for this.
> So what I suspect I’ll feel if I get laid off is an immediate flood of relief and happiness, very quickly followed by the sinking realization that I’m in financial trouble, because I don’t know how long it will take to land another job. Six months should be enough — a couple of years ago, it would’ve been. If you’re looking for a job with similar pay, sure. But if you’re willing to accept that maybe you were making…
Instead of insisting that more businesses should share enough profit to enable more people to live the Little American Dream (have a small home, small family, somewhere reasonably nice), we say the opposite, "No. People currently achieving that need to give it up." The bar is so low that this is what counts as "spoiled".
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People actually use AI. People do not use virtual reality headsets.
What hurts is that these headsets in the right hands and backed by the right company could be so useful. But who in their right minds trusts the people in Meta?