Fuck Uckerberg and anything that is related to thus human waste
Facebook Renames to Meta
431–440 of 1001 posts
Re: Facebook Renames to Meta
#432It makes a lot more sense for Facebook to change the name of the parent company — given the actual and potential proportion of their revenues from Instagram and WhatsApp — than it did for Google to change to Alphabet given that Alphabet is still mostly Google in terms of making money.
However, the timing makes it look like a ploy to distract from current controversies (although I don't think it is a ploy), and the name Meta is going to look really stupid if their whole Metaverse thing doesn't work out.
Re: Facebook Renames to Meta
#433Earlier quoted context omitted.
>I don't think Facebook is constitutionally able to give up ad revenue gains This "fiduciary duty" meme really needs to die. Seriously the idea of fiduciary duty [to maximixe profit] is dystopian, corporations don't fuck us over because they have to they do it because they can. Edit: clarify
They have a legal obligation to maximize shareholder profits. See Dodge v. Ford Motor Co. https://en.m.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co .
Later caselaw (note that that case was from 1919) gives directors widespread latitude to decide what "benefiting the corporation" means.
The second paragraph gives two such cases: AP Smith Manufacturing Co v. Barlow and Shlensky v. Wrigley.
Re: Facebook Renames to Meta
#434The video they put out is extremely cringe. The whole “metaverse” thing is cringe. It makes me believe Zuckerberg is completely surrounded by yes-men who never challenge him and only tell him what he likes to hear. He is truly detached from us normal people and our human experience.
This is what I don't understand about their plan. Who on earth is planning to adopt this? We've seen a push from all sides of the tech industry to open up the AR/VR space, and it never took off. Remember the Snapchat Spectacles? They still sell them but I don't think they were ever popular. Google glass? Popular, but discontinued. Apple's ARKit? Definitely much less adoption than their commercials would have led you…
I can't speak for VR, but AR definitively has a future.
You already see practical use of this technology with HUD-tech (Heads up display) in cars, but beyond that you'll find great applications for it within medicine/operations, transportation (directions), marketing (product information, authenticity verification), and the list goes on and on...
Re: Facebook Renames to Meta
#435Re: Facebook Renames to Meta
#436My god, if you get it, you get it. They are going all in on metaverse / have decided that the future of oculus is the primary long term bet, not facebook itself. And they have the money to make it so. This is incredibly scary, and probably a good investment.
Maybe I'm too old, but I don't know a single person with Oculus, not even among my younger coworkers. I don't discount that it could be the next big thing, because wtf do I know, but it feels very niche to me, and certainly not something that can get the engagement like a phone can. And in terms of money, Facebook itself is a printing press, I wonder what the business model is for this? Selling games or experiences?…
I got one. My honest opinion is that it's potential is immense, but I wouldn't suggest anyone to get one atm.
Professional headsets will likely become more widespread over the coming years and I fully expect that most desk jobs will replace their displays with a headset... But that's still at least 10 yrs off, likely longer. A prerequisite would be that it's not as stuffy/heavy to wear, but that's already happening at a surprising rate.
It also makes remote contacts (i.e. remote work, family calls etc) very different, as oculus just added face tracking to their newest headsets... So your avatars face mirrors your real face.
The presence you feel in these contexts is hard to explain and has to be experienced imo.
Re: Facebook Renames to Meta
#437Re: Facebook Renames to Meta
#438If 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…
> 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. I'm confident I don't want them to own it - or for it to be owned by a single party of any kind, for that matter. > 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? I mean, that would be nice f…
At this point I'm confident I don't want there to be "a metaverse" at all, because under our current social and cultural systems, I am confident it will be very very bad no matter who owns it.
Re: Facebook Renames to Meta
#439Earlier quoted context omitted.
Not a chance. I've been wrong about a lot of things tech, probably even most things, but this isn't something I think most people want. Metaverses have always been niche. Most people don't like things attached to their head. Remember 3D TVs? But, perhaps you and they are right. For the first time in my life, I honestly feel like 'if this is the future, I want no part in it.' Please don't take this as like, suicidal o…
You are right. Pride comes before a fall, and Zuck thinks he is better than Cook, Musk, Bezos, by building the multiverse he will restore his place as the greatest technologist of our time
Do you not get sick of this being repeated constantly?
Every year someone repeats that Facebooks doom is imminent, and every year their revenue and user base gets larger and larger
When does this opinion just become pasé?
Re: Facebook Renames to Meta
#440I just saw some ads about Meta. They are beyond cringey. Facebook and Zuckerberg are out of touch.