Live data from Hacker News

Mark Zuckerberg directed Meta to create a prediction markets app

nytimes.com

11–20 of 161 posts

Re: Mark Zuckerberg directed Meta to create a prediction markets app

#11
post #4

I can‘t help but wonder what goes on inside of the upper management of these big companies, and why nobody ever stops for a moment to think about whether what they are up to does any good for the end users beyond making more money. But then again, this is very on brand for Meta/Zuck, so I‘m not surprised.

51% shareholding he’s free to make all the mistakes he wants

Re: Mark Zuckerberg directed Meta to create a prediction markets app

#13
post #8

Holy mimic batman - Mark, its ok to have a little of your own innovation and not copycat nor buy every single good idea.

Facebook innovation is their ads algo. They copy existing consumer success (which is incredibly difficult to create), and then execute it incredibly well.

> and then execute it incredibly well

...sometimes

Re: Mark Zuckerberg directed Meta to create a prediction markets app

#15
post #4

I can‘t help but wonder what goes on inside of the upper management of these big companies, and why nobody ever stops for a moment to think about whether what they are up to does any good for the end users beyond making more money. But then again, this is very on brand for Meta/Zuck, so I‘m not surprised.

Corey Doctorow addressed this in a way I hadn't thought of before. Meta is a "mature" company, masquerading as a "growth" company by expanding into new markets without any real product, all so they can pretend they haven't fully saturated their market.

https://arstechnica.com/gadgets/2026/06/how-to-burst-the-ai-...

Re: Mark Zuckerberg directed Meta to create a prediction markets app

#16

Holy mimic batman - Mark, its ok to have a little of your own innovation and not copycat nor buy every single good idea.

> not copycat nor buy every single good idea.

I don’t know if I’ll call Kalshi and Polymarket “good ideas”.

Re: Mark Zuckerberg directed Meta to create a prediction markets app

#18

Holy mimic batman - Mark, its ok to have a little of your own innovation and not copycat nor buy every single good idea.

> not copycat nor buy every single good idea. I don’t know if I’ll call Kalshi and Polymarket “good ideas”.

fair point

Re: Mark Zuckerberg directed Meta to create a prediction markets app

#20
post #6

Holy mimic batman - Mark, its ok to have a little of your own innovation and not copycat nor buy every single good idea.

How did he come up with Facebook?

He copied the analog thing of the same name in his university that was taking too long to digitise: https://en.wikipedia.org/wiki/Face_book
Post reply on HN