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Facebook loses users for the first time

washingtonpost.com

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Re: Facebook loses users for the first time

#271

Post by Osiris »

r0fl wrote: post #226
Calist0 wrote: post #208

They lost 3 million active users out of 1.93 billion active users. That's 0.15%? As countries are opening up more. And that's newsworthy? I don't see how that justifies the stock crashing -25% in 15 minutes.

Trillion dollar tech giants are expected to GROW to justify their valuations. Look at the numbers alphabet and apple posted the last few days. Huge growth. Facebook is not only growing but much worse, shrinking. I’ve been bullish on FB from the ipo date but this seems like the beginning of the end unless the meta verse is out of this world

I've never really understood this MBA mentality because growth must stop at some point. There are only so many humans on earth. The expectation that a company can grow forever is impossible, at least until we find an alien planet with a population willing to sign up for Facebook.

Re: Facebook loses users for the first time

#272

Post by iab »

monkeybutton wrote: post #2

Its already frustrating enough having to use Facebook just to look up a restaurant's information, the set times for a concert, or whatever about a local business or event. If all that stuff starts to disappear behind a meta-verse wall, I might just leap off the nearest bridge instead.

*oculus off the nearest bridge

Re: Facebook loses users for the first time

#273

Post by dylan604 »

egfx wrote: post #127
rudyfink wrote: post #63

Earlier quoted context omitted.

Yes, it feels like a return to the walled-garden days of America Online, Prodigy, CompuServe, etc. Essentially, they seem to be want to create a separate network that they control--one that is not "internet-ed" to other networks in an open fashion.

Yep I guess the pull to be a walled garden is too great. Even Twitter, a product that should have been the true antithesis to walled garden pigeon holed themselves into walled garden state. I wrote a blog post about it a long time ago https://medium.com/@shareU/we-built-this-city-2cb97437942f

something strikes as peculiar/funny about discussions of walled gardens, but then blogging about it on medium.

Re: Facebook loses users for the first time

#274

Post by youareafool »

tasty_freeze wrote: post #230
IronWolve wrote: post #125

Facebook suspended the official washington state republican group multiple times for posts, they finally moved over to mewe. Facebook is a shadow of what it use to be after running off everyone.

> Facebook is a shadow of what it use to be after running off everyone. Yes, everyone ran off, leaving only 1.9B subscribers.

No post body was provided.

Re: Facebook loses users for the first time

#275

Post by rezbull »

mmaunder wrote: post #224
notyourwork wrote: post #206

Earlier quoted context omitted.

Does anyone else find this on the level of batshit crazy insane? Meta, are we really going to divest so far from the physical world that the a virtual reality is worth that much? I mean VR is realistically a video game. I just don't see it but I do see desperation from FB.

Then you’ve never experienced how transformative VR is and you lack vision.

Sounds similar to what crypto fanatics say.

Re: Facebook loses users for the first time

#276

Post by ahartmetz »

whiskyant wrote: post #72
XorNot wrote: post #3

Which is impressive because I still have Facebook I just don't login and never use any of its services - the account now exists to simply hold a lock on my name on the service. I suspect I'm not the only one doing this.

I don't use the main Facebook app much, but I use Instagram and Messenger daily, Whatsapp sometimes as well. What do you use for your friend group chats?

Signal

Re: Facebook loses users for the first time

#277

Post by NoPicklez »

GCA10 wrote: post #58

Peak coffee consumption (per capita/US): 1946 Peak cigarette consumption (per capita/US): 1963 Peak oil production (global): unknown, maybe 2020-2030 Peak Facebook: ?? That's an incomplete peer group, but I find it interesting that at some point, society does start to unplug from addictive substances. The tapering off is quite slow, though. Unclear whether heavy users cut back, or new generations just don't develop t…

If you include Facebook then you may as well include all other social media platforms.

Facebook is the least of my problems when it comes to addictive substances. Youtube, Reddit, Hackernews, TikTok. They're all the same even if they don't go out of their way to insight addiction.

Re: Facebook loses users for the first time

#278

Post by r721 »

notyourwork wrote: post #210
ahmed_ds wrote: post #121

The fact of the matter is they still have close 2 billion active logins each day. Even if they have settled in matters of user acquisitions they haven't stopped harvesting increasing amounts of profit from each users. I would like to know how the statistics of revenue per user would be from this point on.

I'd like clear qualifying of what a login means. Does that mean I goto facebook.com or open FB app at least once a day? I imagine "daily login" could be artificially inflated in all sorts of ways like having fb.com tab open on my browser and never actually going to it as one example.

Also: does visiting a web page with Facebook comments or embedded Facebook video count as login?

Re: Facebook loses users for the first time

#279

Post by NoPicklez »

dustintrex wrote: post #86
GCA10 wrote: post #58

Peak coffee consumption (per capita/US): 1946 Peak cigarette consumption (per capita/US): 1963 Peak oil production (global): unknown, maybe 2020-2030 Peak Facebook: ?? That's an incomplete peer group, but I find it interesting that at some point, society does start to unplug from addictive substances. The tapering off is quite slow, though. Unclear whether heavy users cut back, or new generations just don't develop t…

Facebook has been primarily displaced by Tiktok, which is considerably more addictive than FB. It's like zonking out in front of cable TV in the olden days, if the cable TV had access to an essentially unlimited content library of short-form dopamine hits, was capable of determining exactly what you like, and showing you exactly that forever.

Tiktok is absolutely more addictive than Facebook.

Re: Facebook loses users for the first time

#280

Post by anm89 »

mmaunder wrote: post #194

And thus begins their gamble. They’re going to have to bet the entire biz on virtual. Most public companies can’t do this, but FB has a unique control structure that gives Zuck the ability to bet the farm.

This is exactly it. They are going to bet the farm on the metaverse. Personally, I don't even like their odds there. Their risk of not existing 10 years from now is 10x any of the other FAANG companies IMO.

They'd be smarter to keep their head down and just keep buying whatever network get's cool down the line IMO.

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