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Zuckerberg 'Admits' Meta's Layoffs Were Ineffective

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Re: Zuckerberg 'Admits' Meta's Layoffs Were Ineffective

#11

Post by poisonborz »

basisword wrote: post #3

Other than the original few years of Facebook has Zuck actually succeeded at anything new? Metaverse was a failure. Instagram and WhatsApp were both bought and Instagram's biggest feature is a straight rip from Snapchat. Occulus was bought. Facebook itself is completely dead among all my peers and even the local business stuff I used to do on it is dead now too. It feels like he just falls from one mistake into anoth…

They no longer need to. They have a core business to finance whatever stupid ideas ad infinitum. When was Oracle or IBM successful at anything new last time? Yet they chum along with 140k and 280k (!!!) employees.

Re: Zuckerberg 'Admits' Meta's Layoffs Were Ineffective

#12

Post by jordanb »

mrits wrote: post #4
basisword wrote: post #3

Other than the original few years of Facebook has Zuck actually succeeded at anything new? Metaverse was a failure. Instagram and WhatsApp were both bought and Instagram's biggest feature is a straight rip from Snapchat. Occulus was bought. Facebook itself is completely dead among all my peers and even the local business stuff I used to do on it is dead now too. It feels like he just falls from one mistake into anoth…

Sure, other than being the dominate social media platform for the original few years (2 decades) he is a total failure I guess

They maintained the 2 decades dominance by either knifing the baby (vine) or buying (Instagram, whatsapp) every upstart.

The moment they couldn't do either they got their clock cleaned (tiktok)

Re: Zuckerberg 'Admits' Meta's Layoffs Were Ineffective

#13

Post by mrits »

Jgrubb wrote: post #8
jordanb wrote: post #6

Earlier quoted context omitted.

Zuck became one of the richest and most powerful people in the world by saying "what if Myspace but we make it elite and exclusive and no custom html"

No, he actually became one of the richest ppl in the world by stealing that idea from somebody else.

I suppose if your history started at the Social Network movie that would seem factual

Re: Zuckerberg 'Admits' Meta's Layoffs Were Ineffective

#14

Post by derwiki »

poisonborz wrote: post #11
basisword wrote: post #3

Other than the original few years of Facebook has Zuck actually succeeded at anything new? Metaverse was a failure. Instagram and WhatsApp were both bought and Instagram's biggest feature is a straight rip from Snapchat. Occulus was bought. Facebook itself is completely dead among all my peers and even the local business stuff I used to do on it is dead now too. It feels like he just falls from one mistake into anoth…

They no longer need to. They have a core business to finance whatever stupid ideas ad infinitum. When was Oracle or IBM successful at anything new last time? Yet they chum along with 140k and 280k (!!!) employees.

280K is down from 400k+ when I worked at the latter 2 decades ago

Re: Zuckerberg 'Admits' Meta's Layoffs Were Ineffective

#16

Post by perbu »

xyzzy_plugh wrote: post #10
basisword wrote: post #3

Other than the original few years of Facebook has Zuck actually succeeded at anything new? Metaverse was a failure. Instagram and WhatsApp were both bought and Instagram's biggest feature is a straight rip from Snapchat. Occulus was bought. Facebook itself is completely dead among all my peers and even the local business stuff I used to do on it is dead now too. It feels like he just falls from one mistake into anoth…

Success from your perspective, or the market's? The market seems generally pleased that he's taken more than a quarter of global ads, and dominates in social media advertisement. By practically any measure all of the things you've listed have been wildly successful.

The question wasn't if Zuck has been successful, it was if Meta has succeeded at anything new. When was the last time Meta made something original, brought to market and had success with it?

Re: Zuckerberg 'Admits' Meta's Layoffs Were Ineffective

#17

Post by Jgrubb »

mrits wrote: post #13
Jgrubb wrote: post #8

Earlier quoted context omitted.

No, he actually became one of the richest ppl in the world by stealing that idea from somebody else.

I suppose if your history started at the Social Network movie that would seem factual

I suppose if you observed every Facebook product development since those days it would seem like a founding value.

Re: Zuckerberg 'Admits' Meta's Layoffs Were Ineffective

#19

Post by dgellow »

basisword wrote: post #3

Other than the original few years of Facebook has Zuck actually succeeded at anything new? Metaverse was a failure. Instagram and WhatsApp were both bought and Instagram's biggest feature is a straight rip from Snapchat. Occulus was bought. Facebook itself is completely dead among all my peers and even the local business stuff I used to do on it is dead now too. It feels like he just falls from one mistake into anoth…

According to my peers Microsoft has no market share, and literally nobody is willingly using PHP or Java. But that's obviously not true. Facebook is still dominant, Meta is an infinite money printing machine. The company can take a lot of risk for a very long time without problem
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