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Meta Reports First Quarter 2024 Results

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Re: Meta Reports First Quarter 2024 Results

#161

Post by eggdaft »

threeseed wrote: post #69

Threads has also now rapidly grown to 150m MAU with higher DAU than X. It's an incredible achievement to bootstrap a social network to the leader in its category in less than a year. And it demonstrates the power of Facebook and Instagram in being able to drive traffic. It must be comforting for Meta to know that if they wanted to build a leading TikTok competitor or any other social network in the future they can ea…

Can we verify this independently?

I don’t know why people trust stats from any social media company without independent verification. Stats can be massaged and there are large incentives to do it.

We know that the former Twitter board certainly did this, for example.

Re: Meta Reports First Quarter 2024 Results

#162

Post by kpennell »

acchow wrote: post #81
threeseed wrote: post #69

Threads has also now rapidly grown to 150m MAU with higher DAU than X. It's an incredible achievement to bootstrap a social network to the leader in its category in less than a year. And it demonstrates the power of Facebook and Instagram in being able to drive traffic. It must be comforting for Meta to know that if they wanted to build a leading TikTok competitor or any other social network in the future they can ea…

> It must be comforting for Meta to know that if they wanted to build a leading TikTok competitor or any other social network in the future they can easily do it. They already did. It's called Reels.

reels is simply nowhere as addictive as Tiktok. Tiktok blows me away with how interesting/eclectic my feed is. Reels is like watching funniest home videos with Bob Saget by comparison.

Re: Meta Reports First Quarter 2024 Results

#163

Post by 999900000999 »

dialogbox wrote: post #158
999900000999 wrote: post #113

Earlier quoted context omitted.

You could wirelessly transmit from your phone, but this is a decade from now. No one knows how far tech will advance. Rokid connected to a device in your pocket is already pretty close to the same experience.

But we still don't have such a display tech or do we? I've never heard something like that. Probably someone can invent such tech within a decade. But seeing it in a consumer product takes time. So it's safe to assume that it won't happened within a decade if we don't even have such tech today. Especially in this context of investment.

https://global.rokid.com/products/rokid-max

We have the display now. It's not too far of a leap to see a full built in computer. As is, I can just plug it into my phone and that's pretty close.

Re: Meta Reports First Quarter 2024 Results

#164

Post by mvdtnz »

kpennell wrote: post #162
acchow wrote: post #81

Earlier quoted context omitted.

> It must be comforting for Meta to know that if they wanted to build a leading TikTok competitor or any other social network in the future they can easily do it. They already did. It's called Reels.

reels is simply nowhere as addictive as Tiktok. Tiktok blows me away with how interesting/eclectic my feed is. Reels is like watching funniest home videos with Bob Saget by comparison.

I haven't used Tiktok in several years but I can tell you Reels is worryingly addictive to me.

Re: Meta Reports First Quarter 2024 Results

#165

Post by jboy55 »

ripper1138 wrote: post #132
slily wrote: post #86

Earlier quoted context omitted.

They must have a very creative definition of "active user" because Zuckerberg gets 15-20k likes on his posts while I can scroll down X and find several posts a few hours old from random gimmick accounts with many times more. Taking that at face value to call Threads "the leader in its category" is comical.

All things considered (Elon etc) I’d still be shocked if an advertiser was willing to spend >= on threads compared to X.

It'll be CPM ad spend or maybe even conversion based, so, they can put a budget up and it'll be up to the traffic for the spend.

Re: Meta Reports First Quarter 2024 Results

#166

Post by scottm01 »

scottm01 wrote: post #59
whiplash451 wrote: post #48

Earlier quoted context omitted.

Link?

Gone now -- I don't remember the name (unless this was the fastest pivot ever recorded, it was not Glass Health, which currently has a now hiring ad up[1]) [1] https://news.ycombinator.com/item?id=40149581

Hah, happened to see this mentioned in another comment today. It was FreshPaint, whose website includes this gem:

"You need to install ad trackers on your website to get the most out of ad platforms like Facebook and Google Ads. Ad trackers can create issues for healthcare marketers by sending visitor identifiers and health information to platforms that aren't HIPAA-compliant."

I'm sure they are good folks, but what an absurd premise. Something about the best minds of our generation selling ads....

Source: https://www.freshpaint.io/hipaa-compliant-advertising

Re: Meta Reports First Quarter 2024 Results

#167

Post by Quekid5 »

999900000999 wrote: post #90
Quekid5 wrote: post #83

Earlier quoted context omitted.

Just like fusion is juuuuust 20 years away... for the last 30 years. Not saying they're the same level of difficulty/tech, necessarily, but there's a reason we have the term Hype Cycle. We had one for VR about 25-30 years ago. Recently, we've had Second Hype Cycle... maybe next it'll be for realsies or it'll be Third Hype Cycle for VR? Apologies for the jadedness, but... you see enough of the meta at some point :) ED…

Imagine being able to put on glasses, and instantly have your computer. Your hands are tracked so you can type without a keyboard. This replaces the computer for most people. With Windows on ARM you could probably build something like this today, but it's still too billy. If I had a billion dollars I'd be working on a single device that replaces everything. Your phone, your TV( or at least sync to it so content is se…

> Imagine being able to put on glasses, and instantly have your computer. Your hands are tracked so you can type without a keyboard.

How, exactly, would that work? You'd stare intently at the virtual keyboard? Or just think about "thing" and it'd magically appear? Voice recognition is actually pretty decent as a non-magical thing that sort-of-works-well-enough.

> If I had a billion dollars I'd be working on a single device that replaces everything. Your phone, your TV( or at least sync to it so content is seamless). Then I'd sell it below cost with a subscription of some sort. With an open source model at a reasonable markup.

I love the gusto! I hope that -- once you have a billion dollars -- you'll stick to your principles. I think getting to a billion dollars is -- in itself -- a selection effect/bias, so...

> That's the endgame for Meta. You'll never leave their new ecosystem.

If they're good enough... even their employees won't want to.

It's money IRL that Meta wants. That's the end game.

EDIT: Just to add: Absent truly Matrix-level VR, people will still be able to tell and unless you're a FULLY committed to solipsism or almost-as-absurd levels of apathy... well, it's going to cause tensions :)

Re: Meta Reports First Quarter 2024 Results

#168

Post by 999900000999 »

Quekid5 wrote: post #167
999900000999 wrote: post #90

Earlier quoted context omitted.

Imagine being able to put on glasses, and instantly have your computer. Your hands are tracked so you can type without a keyboard. This replaces the computer for most people. With Windows on ARM you could probably build something like this today, but it's still too billy. If I had a billion dollars I'd be working on a single device that replaces everything. Your phone, your TV( or at least sync to it so content is se…

> Imagine being able to put on glasses, and instantly have your computer. Your hands are tracked so you can type without a keyboard. How, exactly, would that work? You'd stare intently at the virtual keyboard? Or just think about "thing" and it'd magically appear? Voice recognition is actually pretty decent as a non-magical thing that sort-of-works-well-enough. > If I had a billion dollars I'd be working on a single…

We already have laser keyboards, the visible laser is only for convenience.

If you don't like that you can always use a Bluetooth keyboard instead.

This already exists.

https://shop.simulavr.com/

Assuming it ships that's already half way there. Another way to accomplish what I'm thinking of would be to basically cloud sync your user sessions between your phone, computer and headset.

Re: Meta Reports First Quarter 2024 Results

#169

Post by dialogbox »

999900000999 wrote: post #163
dialogbox wrote: post #158

Earlier quoted context omitted.

But we still don't have such a display tech or do we? I've never heard something like that. Probably someone can invent such tech within a decade. But seeing it in a consumer product takes time. So it's safe to assume that it won't happened within a decade if we don't even have such tech today. Especially in this context of investment.

https://global.rokid.com/products/rokid-max We have the display now. It's not too far of a leap to see a full built in computer. As is, I can just plug it into my phone and that's pretty close.

That's not a VR glass. It's AR. They are completely different. For full VR, the display must be completely opaque. The side must be sealed to block environment. It's impossible to make it with a normal glasses shape with current tech and I don't think we can make it in a near future.

Re: Meta Reports First Quarter 2024 Results

#170

Post by talldayo »

999900000999 wrote: post #168
Quekid5 wrote: post #167

Earlier quoted context omitted.

> Imagine being able to put on glasses, and instantly have your computer. Your hands are tracked so you can type without a keyboard. How, exactly, would that work? You'd stare intently at the virtual keyboard? Or just think about "thing" and it'd magically appear? Voice recognition is actually pretty decent as a non-magical thing that sort-of-works-well-enough. > If I had a billion dollars I'd be working on a single…

We already have laser keyboards, the visible laser is only for convenience. If you don't like that you can always use a Bluetooth keyboard instead. This already exists. https://shop.simulavr.com/ Assuming it ships that's already half way there. Another way to accomplish what I'm thinking of would be to basically cloud sync your user sessions between your phone, computer and headset.

> Assuming it ships that's already half way there.

Famouser last-words have never been spoken. You must be from the venture capital spheres, I take it?

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