Funnily enough it's not their first attempt at launching a prediction market. They tried exactly the same in 2021 -> https://qz.com/2069284/facebook-is-shutting-down-its-experim...
Mark Zuckerberg directed Meta to create a prediction markets app
121–130 of 161 posts
Re: Mark Zuckerberg directed Meta to create a prediction markets app
#122Earlier quoted context omitted.
Unfortunately they seem to be useful, if for no other reason than parents want to take picture of their children at a moment’s notice. AFAIK this is the killer app for these glasses.
So many photos taken these days that are never going to be seen.
if only there was a place to share them, and that place actually showed them to the people who indicated that they wanted to see them.
Re: Mark Zuckerberg directed Meta to create a prediction markets app
#123Zuck simply cannot come to terms with the fact that his legacy is having built the world greatest ad platform.
Second greatest.
Re: Mark Zuckerberg directed Meta to create a prediction markets app
#124Morale must be so in the dumps at Meta. No direction, no clear next thing... :(
A betting market??
Re: Mark Zuckerberg directed Meta to create a prediction markets app
#125Earlier quoted context omitted.
I've never seen him saying anything particularly smart or insightful. My impression is that he has moderately above average intelligence and entrepreneurship. If he wasn't at the right place at the right time, he would be yet another founder of a random startup.
Your impression about his intelligence is way off. Mark was part of the study for mathematically precocious youth, which has a math cutoff at the 1/10K rarity. He also has ambition at the same level. What’s probably missing, of late, is good taste and judgment.
This has no bearing on anything.
Did Steve jobs have any of that? No. But he shits all over any tech ceo in history and it’ll probably stay that way.
Re: Mark Zuckerberg directed Meta to create a prediction markets app
#126Oh sure, why not. I suppose they’ve already ruled out selling vapes or meth, or at least haven’t added those business units to their annual filings yet.
I truly wonder if Meta’s Downfall as a Service umbrella has ever rejected an idea as being too detrimental to society, and if so, how awful did it have to be?
Re: Mark Zuckerberg directed Meta to create a prediction markets app
#127Smartphone Dating Cryptocurrency AR/VR AI Gambling This man struck gold exactly once with social media and, rather than being content with his billions, will forever chase that high pursuing the latest fad and drag his company through failure over and over again.
He has already finished the game and just explores the side quests. He is more than content, he’s way more content than the rest of us.
he is richer than any of us, but he doesn't strike me as someone who is even remotely content.
Those two things are not the same thing.
Re: Mark Zuckerberg directed Meta to create a prediction markets app
#128Smartphone Dating Cryptocurrency AR/VR AI Gambling This man struck gold exactly once with social media and, rather than being content with his billions, will forever chase that high pursuing the latest fad and drag his company through failure over and over again.
The fact that someone has billions of dollars and still chooses to spend 40-60 hours/week going to the office to work on Facebook seems psychotic. He can do practically anything he wants, and he chooses to work on Facebook. It’s mind bending.
Re: Mark Zuckerberg directed Meta to create a prediction markets app
#129Smartphone Dating Cryptocurrency AR/VR AI Gambling This man struck gold exactly once with social media and, rather than being content with his billions, will forever chase that high pursuing the latest fad and drag his company through failure over and over again.
He has already finished the game and just explores the side quests. He is more than content, he’s way more content than the rest of us.
Zuck's a bit more private, but Musk putting his time into moderating Twitter demonstrates some of these people will never be content with finishing the game.
Re: Mark Zuckerberg directed Meta to create a prediction markets app
#130Earlier quoted context omitted.
Facebook innovation is their ads algo. They copy existing consumer success (which is incredibly difficult to create), and then execute it incredibly well.
Facebook hired a bunch of people from Google's search ads division to basically replicate their real-time bidding system. Their innovation isn't in ads, it's in creating a sticky app experience that downranks posts with external URLs to keep people on their site, one that's now fine-tuned to retain the lowest-common denominator of technology user (boomers). Ironically, a segment that the OG Facebook avoided like the…
Not just that he hired Sheryl sandberg lmao.
She basically ran the firm whilst Zuck thought about who to buy to secure a monopoly position. He got lucky more than anything else - had the instagam guys not given in, meta would not be worth anything close to what it is today.