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Facebook Renames to Meta

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Re: Facebook Renames to Meta

#291

Post by RC_ITR »

hackernudes wrote: post #235
daviding wrote: post #36

If there is going to be a metaverse, I'm not sure I want Facebook to own it. It's like a bad sci-fi pulp story. Given their investment and research, I wonder if they should open it all up (even if contradictory to short-term gains in ad revenue) so it has a chance to grow? Federate it a bit more than they are comfortable with, to at least give it a chance. I could see this flubbing out hard otherwise. I'm personally…

I think there is at least a chance that they handle Meta differently - at 1:28:24 in the keynote[1] Zuck says "...that means that, over time, you won't need to use Facebook to use our other services". [1] https://www.facebook.com/facebookrealitylabs/videos/56153569...

Yeah, he means you'll need a "Meta" account.

Re: Facebook Renames to Meta

#292

Post by goatlover »

viro wrote: post #245
goatlover wrote: post #104

Earlier quoted context omitted.

Is it FB or social media and big tech in general? I'm confused by the laser focus on FB all of a sudden.

Its people that are the problem, they are just using Facebook as a scapegoat. No matter what they do, they(FB) will get attacked by 50% of the country ... Remove GOP voices spreading crazy shit .. They are suddenly suppressing political voices(censorship). Leave the content up and suddenly Facebook is responsible for domestic terrorist attacks. Honestly Facebook has literally been begging congress to regulate them. T…

I agree. The modern internet is just a reflection of how people want to use the internet, with all the good and bad that comes with that. I guess it's too bad the utopian dreams of the 90s didn't pan out, but what did people really expect once society moved online?

Re: Facebook Renames to Meta

#293

Post by mherdeg »

jedberg wrote: post #17
dbish wrote: post #8

MANGA sounds more fun then FAANG so that’s nice

If we didn't change G to A I don't think we'll change F to M either.

There's a new ticker symbol for this one: FB->MVRS.

(There's already an ETF called "META"; 6% of its holdings are FB.)

I'm kind of curious about what will happen as either:

(1) confused investors buy into META instead of MVRS over the next few months

(2) confused investors can no longer find FB and instead buy FBK (FB Financial) or another one of the top Robinhood search results (FBHS, FBNC, FBC).

Re: Facebook Renames to Meta

#295

Post by m4rtink »

ssully wrote: post #174
daviding wrote: post #36

If there is going to be a metaverse, I'm not sure I want Facebook to own it. It's like a bad sci-fi pulp story. Given their investment and research, I wonder if they should open it all up (even if contradictory to short-term gains in ad revenue) so it has a chance to grow? Federate it a bit more than they are comfortable with, to at least give it a chance. I could see this flubbing out hard otherwise. I'm personally…

Our version of a persistent virtual space was never going to be like fiction. There will be 3 or more competing metaverses, none of which have any interoperability.

That can actually end up more healthy overall & lead to some competition.

Having just one metaverse everyone uses seamed like the worst thing in Ready Player One - because then one entity can control it and for their rules and morals on all participants.

Much harder to do that with multiple competing incompatible metaverses.

Re: Facebook Renames to Meta

#296

Post by schleck8 »

danso wrote: post #139

I was curious what meta.com looked like before FB took control of the domain. Recent snapshots aren't loading for me, but post-2015 it looks like it was taken over by an AI company — the page titles include "Meta — Science Discovered" [0] and "Meta — AI for Science". Prior to that, since around 2012 it was an unused Wordpress site [1] that redirected to meta.compgu.com (which is now "tekman.cc", a consulting firm or…

It's impressive how the logo on meta.com is not an SVG but a low resolution PNG

Re: Facebook Renames to Meta

#298

Post by Apocryphon »

philwelch wrote: post #113
tasogare wrote: post #44

Earlier quoted context omitted.

In France it's GAFAM that is most used, which makes sense since Microsoft is way more influential on the tech scene than Netflix, which is just a content provider.

I think FAANG is more often used as a career benchmark, i.e. working at Netflix looks good on your resume and pays well.

It's just because FANG (don't think Apple was originally part of it) was a list of fast-growing stocks, coined by none another than Mad Moneyman Jim Cramer

https://en.wikipedia.org/wiki/Big_Tech#FAANG

Quite honestly that term in both stock and big tech senses is outdated. It should really include a few post-unicorn giants like Uber nowadays.

Re: Facebook Renames to Meta

#299

Post by afavour »

md8z wrote: post #252
elmomle wrote: post #218

Earlier quoted context omitted.

It isn't the users, it's the platform and underlying philosophy of the business. They are factory-farming humans' attention; it's no wonder the result is dystopian.

I see this sentiment posted often on HN but I've seen no social media that didn't eventually become toxic or that didn't feed on human attention, this website included. What good is a platform if nobody pays attention to it? And if people are paying attention to it, how do you plan to prevent them from fighting, competing with each other over every little thing, and spreading misinformation?

I’ve seen it said (somewhere, sorry) that humans simply aren’t designed to interact on these mass social scales. And (without evidence, I admit) that feels kind of right to me. The ideal social network is a small one. But the incentives of advertising and/or just growth in general mean that it would difficult to compete in the market against the likes of Facebook.

Re: Facebook Renames to Meta

#300

Post by stelcodes »

AJRF wrote: post #128

I was watching the video and got to a bit where Mark said "So we are going to see what some metaverse experiences will be like" and then a pop up came over the video and said "Log In" and I clicked cancel because I didn't want to and the page reloaded itself and lost my place in the video.

Yep, same. Speaks volumes!
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