Earlier quoted context omitted.
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?
Zuckerberg 'Admits' Meta's Layoffs Were Ineffective
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Re: Zuckerberg 'Admits' Meta's Layoffs Were Ineffective
#52Wang for ceo. Zuck ruined enough lives, let him go become an mma podcaster like he wants.
Re: Zuckerberg 'Admits' Meta's Layoffs Were Ineffective
#53Seems like a lot of CEOs overestimated the speed of AI, but also it is inevitable.
it's a common missconception that engineers spend most of their time producing code based on documented requirements in jira tickets. I'd believe that a complete automation of this aspect of our industry would only be enough to provide a 10-20% boost in productivity. Still impressive, but within the range of "Our team improved our CI, build times, development process etc."
Most times were spent juggling paperwork, bouncing back and forth on code reviews, negotiating ambiguous requirements, and attending pointless meetings.
Granted... the agentic tools can also help with that. I've had them automate JIRA tedium for me before, much to middle management's chagrin.
Re: Zuckerberg 'Admits' Meta's Layoffs Were Ineffective
#54Re: Zuckerberg 'Admits' Meta's Layoffs Were Ineffective
#55Other 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
#56Re: Zuckerberg 'Admits' Meta's Layoffs Were Ineffective
#57Seems like a lot of CEOs overestimated the speed of AI, but also it is inevitable.
Is AGI really inevitable ? Claiming something is inevitable is a great way to disarm critical thinking.
Re: Zuckerberg 'Admits' Meta's Layoffs Were Ineffective
#58You can pretty much see his thought process in real time.
"Google and OpenAI have built these cool LLM things, but I have the best engineers in the world so obviously I should be driving that technology. Go build it for me."
Turns out his engineers aren't very effective at building it.
"Obviously I need to fire all these lazy employees and replace them with the best industry talent. They aren't going to refuse my money."
So he throws billions at a few top AI researchers, but they produce nothing of value.
"I don't understand, why am I still not winning? It must be because the AI industry itself is now moving at a very slow pace.
Re: Zuckerberg 'Admits' Meta's Layoffs Were Ineffective
#59Re: Zuckerberg 'Admits' Meta's Layoffs Were Ineffective
#60Former meta wanker here.
Its both. but also its the structure around Zuckerberg that makes it worse.
First Zuckerberg only cares about tech, he doesn't care about product. he loves research, and he loves new things that can be done with the research that he's been sponsoring. People management, politics, product design is all stuff that is outsourced.
Now, rightly, Zuckerberg has trust issues. Everyone either tells him he's brilliant or a massive cunt. there is no inbetween. This means he has an inner circle that manages his action flow and diffuses it into the organisiation.
This is problematic because they are not there because of competence, virtually all of them are there because they have been at facebook for a long time. Its network not competence.
Facebook used to (it was less before I left) bang on about this being "your company" as in it was a town hall of ideas, and the best would bubble up to the top, the rest would dissolve into the primal talent pool.
This means that the company "product team" were setup and still to some extent to be information brokers, they would pull the best initiatives and show them selectively to Zuck. They didnt really provide strong vision about what the "facebook" product should be.
Combine that with the 6month PSC cycle, where you have to demonstrate "impact", means you have lots of half baked single ideas that bubble up, get tested and then either kinda fizzle out or stay there like a fucking cancer. These ideas are driven by metrics of a sub department of a sub department of a sub department. At one point the notifications on the facebook app were owned by more than one team, possibly three, with a overall family of app notification team(I get hazy on this, whatever it was there were many many people who's job was to move images around on the notification panel by minute amounts and work out if that drove screen time)
This means that direction is hard, mainly because there is none from the centre, and that the company flow isn't designed for a single design to be implemented globally. There isn't enough glory to go around to feed the senior ++ staff engineers who get paid $3m a year to specialise is tweaking the colour of the border of buttons in the facebook app by 3%.
Boz bills himself as the "moderator" and "unblocker" not the arbiter of taste, or the "facebook style". I don't think Cox has publicly ever uttered any words of substance. the point is, none of them have said "here is the experience design that we want, go and make this work so that it looks and feels like this". Its all "ok this feature moved MAU by .0005% lets ship that one"
There is one exception to all of that: monetization. If monetization want to change something for whatever reason, then they get it. Gambling adverts in your notifications? sure, creating an audience group for tweens that have just deleted a selfie? fuckyeah Hiding fraud from the outside world? sure is 10% of global revenue enough?
TLDR:
Zuck is politically naive, and consistently fails to learn. He is reliant of his inner circle to spoon feed him decisions outside his competency areas