Facebook Renames to Meta
481–490 of 1001 posts
Re: Facebook Renames to Meta
#482The 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.
Re: Facebook Renames to Meta
#483Earlier quoted context omitted.
> 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
#484I don't understand what Facebook is even doing in terms of a metaverse. Like they have the VR goggles, but what are they actually doing with it? Coincidentally, MMO developer Raph Koster (Ultima Online, Star Wars Galaxies) has recently been detailing in a series of articles what his new company is doing in terms of building a metaverse, and it's pretty exciting in gaming terms. https://www.playableworlds.com/news/rif…
Re: Facebook Renames to Meta
#485Earlier quoted context omitted.
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
#486Earlier quoted context omitted.
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
#487Earlier 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 .
Re: Facebook Renames to Meta
#488Earlier quoted context omitted.
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...
VR is much more likely to either become the new TV or to die an obscure death, like 3D movies.