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Zuckerberg 'Admits' Meta's Layoffs Were Ineffective

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

#121

Post by ceejayoz »

Hendrikto wrote: post #73
mrweasel wrote: post #23

The title is a weird. Ineffective? At doing what? This is an interesting quote from Zuckerberg: > trajectory of the agentic development over at least the last four months hasn’t really accelerated in the way that we expected Combine that with the other theories about Meta management in the article, I think we have the answer to is Zuckerberg a "dimwitted or just evil". It's probably the former. He can't plan four mon…

> Had Meta stock not been structured the way it is, I would like to think that the board had replaced Zuckerberg as CEO. He saw that coming and slyly prevented it. He cannot be as dimwitted as you suggest.

It's possible for someone to be good at one thing and bad at another.

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

#122

Post by tgsovlerkhgsel »

HenryMulligan wrote: post #105
tgsovlerkhgsel wrote: post #45

I wonder when (if ever) the companies realize that demoralizing your workforce (and destroying that sector of the job market) doesn't have only advantages. I know plenty of people that reacted with the desired fear, putting in long hours to avoid layoffs, willingness to accept lower pay because the job market sucks, etc. - but I think there are also plenty of the the mythical 10x engineers that just checked out, stop…

Using that tool has gotta be a fireable offense, right?

Of course, and it's essentially an over-the-top parody of what's really happening: People aren't literally running the tool, but running pointless agentic queries where the primary purpose is to drive token usage up, not get actual work done.

Actually... I wouldn't be surprised if some people were actually running the tool and got away with it (or praised for getting the metric up) for a long time...

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

#124

Post by elorant »

basisword wrote: post #47
elorant wrote: post #41

Earlier quoted context omitted.

Instagram is an $80bn company right now. I’d call that a success.

Which, as I said, they bought. And then they ripped off the biggest feature. Most of the genuinely 'new' things they've tried with Instagram have failed.

They bought at $1bn and made it an $80bn behemoth. Meanwhile, I don't understand why a company has to innovate all the time like it's a piece of cake.

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

#126

Post by soraminazuki »

croes wrote: post #90
mrweasel wrote: post #23

The title is a weird. Ineffective? At doing what? This is an interesting quote from Zuckerberg: > trajectory of the agentic development over at least the last four months hasn’t really accelerated in the way that we expected Combine that with the other theories about Meta management in the article, I think we have the answer to is Zuckerberg a "dimwitted or just evil". It's probably the former. He can't plan four mon…

Given his war on the whistleblower and what we learned about Meta and Zuckerberg from her he is evil too

Facebook was evil from its very inception. Its origin is a site for non-consensually rating women's faces. Zuckerberg personally called his initial users "dumb f*cks" for trusting him with their personal information and offered to to give that data to his friend. There was never any doubt about what kind of person Zuckerberg is.

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

#128

Post by boelboel »

KaiserPro wrote: post #98
boelboel wrote: post #92

Earlier quoted context omitted.

So just bad governance and B-stocks giving zuck control forever meaning nothing will change? Great

I mean the funding will dry up, and it'll go the way of yahoo.

At some point it should but meta has 30 times the revenue of peak yahoo will take a long time before they stop being influential.

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

#129

Post by browningstreet »

croes wrote: post #91
fridder wrote: post #74

Earlier quoted context omitted.

Didn’t he famously trash folks over 30 years back? He has really done nothing innovative outside of ads.

What’s innovative about ads?

Something something even Apple wants 10s of billion$ a year from it… building the big money machine is an innovation of a kind when only a few entities can really do it.

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

#130

Post by Esophagus4 »

GodelNumbering wrote: post #46

Very shallow wrapper around the reuters piece ( https://www.reuters.com/business/zuckerberg-says-ai-agent-de... ), I dont think author adds any tangible value

Thank you for the original.

Given that, the pattern I saw in my head was that Zuck sees a new toy, get excited and thinks it will change everything, invests in it, then admit he’s wrong, but at least we have an ads business to keep this whole thing rolling along. Rinse and repeat.

Reminds me a lot of crypto payments, metaverse / VR / AR.

A man trying to predict the future and being mostly incorrect while not really facing any consequences of being wrong. Always searching for the next big thing. Classic Silicon Valley tale.

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