‘Your Map Is Wrong’
p2p.ai
‘Your Map Is Wrong’
1–10 of 101 posts
Re: ‘Your Map Is Wrong’
#2Re: ‘Your Map Is Wrong’
#3”We’re building value, not just taking it away from someone else.”
Bullshit. Meta's whole business is predation on user's attention. If I am scrolling their stupid page, then I am not scrolling some other stupid page. This is as zero-sum as it gets.
Re: ‘Your Map Is Wrong’
#4Zuckerberg is fundamentally right [1], and I think it's a good observation that many people fail to make.
But I think it's companies other than Facebook/Meta that are creating the new value.
[1] https://clickhole.com/heartbreaking-the-worst-person-you-kno...
Re: ‘Your Map Is Wrong’
#5I’m curious why anyone takes inspiration from Zuckerberg.
Re: ‘Your Map Is Wrong’
#6”We’re building value, not just taking it away from someone else.” Bullshit. Meta's whole business is predation on user's attention. If I am scrolling their stupid page, then I am not scrolling some other stupid page. This is as zero-sum as it gets.
I think Facebook consumed non-monetized life activities. So instead of doing free things IRL, people started browsing and scrolling. So it was zero sum for attention but not for economic value.
I think Zuckerberg was right in that Facebook didn’t take market away from others, they created a new market. At least 12 years ago.
Re: ‘Your Map Is Wrong’
#7”We’re building value, not just taking it away from someone else.” Bullshit. Meta's whole business is predation on user's attention. If I am scrolling their stupid page, then I am not scrolling some other stupid page. This is as zero-sum as it gets.
This is not even contestable. Google and FB took the advertising money from everyone else. Businesses still pay (and always have) the same % in advertising, only it's 2 monopolies now instead of thousands of media.
Re: ‘Your Map Is Wrong’
#8Full text:
‘Your Map Is Wrong’ – P2P.AI
On stage with John Battelle and Tim O’Reilly at the 2010 Web2.0 Summit, Mark Zuckerberg stared at the Summit backdrop, that had a map with various consumer technology areas that have been ‘conquered’, charted out. “Your Map is Wrong,” Zuckerberg said. “The biggest part of the map has to be uncharted territory — this map makes it seem like it’s zero-sum, but it’s not. We’re building value, not just taking it away from someone else.” (Source)
“It is not a zero-sum game” is something we tend to forget as we start competing in the marketplace. There is this beauty of economics – you don’t have to make anyone poorer in order for you to become richer. Wealth is not a fixed pie (PG).
Steve Jobs famously said that there is no point in asking the customer what they need because they wouldn’t know until it is given to them. That is classic uncharted territory. None of us knew we needed Steve’s devices until they were given to us.
The next time you look at a map, look for the uncharted territory. Without that, your view of the map is most definitely wrong.Re: ‘Your Map Is Wrong’
#9Zuckerberg is fundamentally right [1], and I think it's a good observation that many people fail to make. But I think it's companies other than Facebook/Meta that are creating the new value. [1] https://clickhole.com/heartbreaking-the-worst-person-you-kno...
he is right in a way that makes it hard to see what facebook is turning into profit: the users attention.
sure they are creating a space without taking away volume for other people to build there, but nobody will care about the other things because a proper map of the internet is not concerned with what is there, but what a given user spends their attention on.
Re: ‘Your Map Is Wrong’
#10”We’re building value, not just taking it away from someone else.” Bullshit. Meta's whole business is predation on user's attention. If I am scrolling their stupid page, then I am not scrolling some other stupid page. This is as zero-sum as it gets.
This is not even contestable. Google and FB took the advertising money from everyone else. Businesses still pay (and always have) the same % in advertising, only it's 2 monopolies now instead of thousands of media.
Since the article comes from a “crypto”-related site, perhaps I can make a metaphoric (& mildly schizophrenic) response without getting downvoted. Google is USD and Meta wants to be Gold. The % of businesses that accept mainstream currencies have always been the same. What’s left are businesses that people still find socially unacceptable.