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Facebook is nearing a reputational point of no return

economist.com

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Re: Facebook is nearing a reputational point of no return

#491

Post by asdfman123 »

dont__panic wrote: post #167
SamBam wrote: post #132

Earlier quoted context omitted.

I was also interested to know what "double-digit premium" actually means in this context. I feel like the order of magnitude are confusing to me. Like, they pay people $10-$99 more, or they pay people 10x-99x more? Neither seems a plausible interpretation of the statement. Edit: Ok, ok, percentage!

I'd guess that they mean 10% or more total compensation versus comparable positions elsewhere. But I could also see this meaning $10k a year or more because 10% TC is such an insane number. In my experience, Facebook's offers do tend to beat Google's by $10k or so. But it's all so random and all over the place that it's tough to know if that's a consistent number.

That's why you get your Facebook offer first and then ask Google to beat it. :)

Re: Facebook is nearing a reputational point of no return

#492

Post by asdfman123 »

yanderekko wrote: post #135
jdhn wrote: post #101

Earlier quoted context omitted.

>it seems like most of the critiques of social media coming from big / old media are just symptoms of having their revenue bled away I feel that so many people blindly hate Facebook that they overlook this point. The loudest critics of social media are the old vanguards of news who are upset that the new kid on the block took their ad money.

>The loudest critics of social media are the old vanguards of news who are upset that the new kid on the block took their ad money. Also activists who are clearly engaging in motivated reasoning in arguing that Facebook needs to do more to censor conservative opinions.

Lies aren't opinions. "Hillary Clinton is a Gila Monster" is not an opinion but a complete fabrication.

That's what mainstream liberals are deeply concerned about, not conservative ideas about taxation.

Re: Facebook is nearing a reputational point of no return

#493

Post by Pamar »

gwd wrote: post #402
ethbr0 wrote: post #230

Earlier quoted context omitted.

I'd hesitate to generalize AOL's fall into Facebook's future. AOL's core proposition was being better than the Internet (more curated, coherent, and faster). When the web and internet exploded in size and scale, AOL's value evaporated. The dumb mergers and other mistakes were window dressing on this landscape transformation. And for years (decades? still?) afterwards, people used AOL Instant Messager (AIM), because i…

> Users would need an order of magnitude superior alternative Is there currently any alternative? All the alternatives I'm aware of ATM are Twitter clones; i.e., meant to be public microblogs, rather than restricted audience microblogs. Recommend me a good alternative and I'll see if I can get some of my network to join it. (And don't say "Mastodon" unless they've added a FB-like mode where you can restrict your post…

Have you considered MeWe? It is actually impossible to use it as a publicly accessible microblog.

Re: Facebook is nearing a reputational point of no return

#494

Post by dreamcompiler »

mcguire wrote: post #487
dreamcompiler wrote: post #310

Earlier quoted context omitted.

If vaping was pure nicotine its health effects would be limited (i.e. much less dangerous than tobacco smoke). Unfortunately most vape devices deliver a witches brew of nasty chemicals (besides nicotine) added for flavor and increased addiction potential just like cigarettes did. Many of said chemicals have less well-studied health effects than those in tobacco.

" Many of said chemicals have less well-studied health effects than those in tobacco. " This is about the only known-to-be-true statement in that paragraph. Pure nicotine is dangerous, and I see someone else has discussed the "witches brew".

I never said it wasn't dangerous; I said it was "much less dangerous than tobacco smoke." If you have evidence that inhaling e.g. 1 mg of pure nicotine 10x per day for 20 years is more dangerous than smoking 10 tobacco cigarettes per day for 20 years, please cite it.

Re: Facebook is nearing a reputational point of no return

#495

Post by asdfman123 »

deltree7 wrote: post #172
dogman144 wrote: post #44

Earlier quoted context omitted.

> Facebook risks losing its young, liberal staff. Spot on, and not just young, liberal. Old-ish and privacy minded. Mid-aged and right. Two crowds are critical though: - this is the talent pool: college campuses. FB's changing tone (sponsoring scholarships, sponsoring scholarships for non tech -> tech transfers, etc) is evident. - this is the management pool: mid-30's to 40's, married, coastal EMs or PMs, that have t…

HN delusion about their own self-importance is strong on this one. There are millions of talented Engineers who'd die to work for Facebook, Google, Netflix. Top 0.1%ile of 8,000,000,000 is 8 Million. Most woke, liberal graduates were protected from competition from other countries due to their location advantage. Ironically these woke employees are demanding remote work, displaying their usual cluelessness about unin…

Sure, but developers who can get into FB can easily get into Google, Netflix, etc. Compare apples to apples.

As a FAANG engineer from the enterprise world, plenty of enterprise developers would excel here. But they're not willing or able to sufficiently practice the leetcode grind.

> to voluntarily kick out these entitled SJWs

Another way to think of these people are the most talented, highly educated pool and casting them as somehow less capable or more entitled is just pure political spin. (There's people from this pool that are right leaning, but just a lower proportion of them.)

Re: Facebook is nearing a reputational point of no return

#496

Post by asdfman123 »

geodel wrote: post #125
dogman144 wrote: post #58

Earlier quoted context omitted.

They'll go work for the AANG in FAANG. If they're good enough to get into FB, they've good enough for the other 4+. FB transferred from a "change the world" to a "change my finances and make my resume" place several yers ago. Several other companies fill in the latter qualification. Also, and ya I know how this sounds, but if Coinbase keeps it up they and similar companies will and are grabbing some of the same talen…

Ah right. All moral quandaries get resolved while working for AANG.

Let's break this apart: everyone knows big tech has its share of problems. Most liberals can stomach it.

What liberals can't stomach is a company allowing the spread of nasty election lies.

Re: Facebook is nearing a reputational point of no return

#497

Post by kazinator »

asdfman123 wrote: post #496
geodel wrote: post #125

Earlier quoted context omitted.

Ah right. All moral quandaries get resolved while working for AANG.

Let's break this apart: everyone knows big tech has its share of problems. Most liberals can stomach it. What liberals can't stomach is a company allowing the spread of nasty election lies.

"Company allowing the spread of nasty election lies" quite literally describes what any media company is doing when they give air time to pretty much any running candidate.

Re: Facebook is nearing a reputational point of no return

#498

Post by 1vuio0pswjnm7 »

shoto_io wrote: post #3

No. That’s what people like us and all the main stream media hope for. But: most people I know don’t have the slightest clue that Insta and WhatsApp belong to the FB group. And even worse: most of them don’t give a shit about the reputation of FB. They just want to send messages and share pictures through those apps.

Looks like the parent comment is some sort of "reply" to the title.

Curiousity might lead some to actually look at the article. It is very short.

For those who won't, the tag line is "The problem starts at the top". Perhaps that is a reference to Zuckerberg.

The topic is reputation. The article quickly summarises the recent complaints being made against Facebook.

Then it cuts to the chase.

"The most damaging claim this week gained the least attention. Ms Haugen alleges that Facebook has concealed a decline in its young American users. She revealed internal projections that a drop in teenagers' engagement could lead to an overall decline in American users of 45% within the next two years."

This is where FB could potentially run afoul with the SEC.

Its also where FB is continuing to provide material for lawyers representing large instutional investors who want to sue Facebook.

The parent comment, typical of others routinely shared on HN, seems to suggest the only thing that matters is what "most people" think. IOW, whatever is discussed on HN should be ignored because people who do not read HN have no opinion on it. (If they do not read HN, then how would they.)

Here, the Economist suggests otherwise. What matters to the Economist is not what "most people" think. Instead it focuses on what the people who work at Facebook think.

"Facebook is nearing a reputational point of no return. Even when it set out plausible responses to Ms Haugen, people no longer wanted to hear. The firm risks joining the ranks of corporate untouchables like big tobacco. If that idea takes hold, Facebook risks losing its young, liberal staff."

Re: Facebook is nearing a reputational point of no return

#499

Post by webmaven »

soylentcola wrote: post #447
Andrew_nenakhov wrote: post #440

Earlier quoted context omitted.

> Arguably nothing on Earth has ever had such a powerful network effect as Facebook. Email, probably.

But you can switch email hosts or roll your own. With some more modern problems (getting marked as spam if you're not recognized) aside, you weren't forced to keep using your @aol.com or @yahoo.com or @hotmail.com accounts in order to communicate with people on those services via email. With Facebook, it doesn't matter how much you dislike the company or how good some competitor is. You still can't talk with people o…

Arguably, Gmail is currently the email provider with the strongest network effect due to all the ways it ties in to Android and the rest of the Google ecosystem.

Worth noting that Gmail also 'solved' spam, which was the strongest reason to change email addresses/providers.

Re: Facebook is nearing a reputational point of no return

#500

Post by LordHumungous »

seneca wrote: post #223
AzzieElbab wrote: post #197

Earlier quoted context omitted.

but that is exactly why fb is getting targeted by media and politicians so much. It is more popular with older people who also happen to be active voters and news consumers.

Yep, exactly. The key question is to ask why this stream of concerted effort is pointed at taking down Favebook, and Twitter is left alone.

Twitter amplifies the voices of the "right" type of person: celebrities, journalists, those verified by blue check.
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