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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

#581

Post by pfortuny »

quickthrower2 wrote: post #297
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…

When did the begin? Coffee consumption begin 15th century Tobacco 18th century Oil: 347 AD Social Networks: circa. 2002.

Sorry but tobacco gets to Europe just after Columbus reaches America, and gets consumed in Europe by then.

And the indians of America consumed it much earlier.

Just to clarify.

Re: Facebook loses users for the first time

#582

Post by quickthrower2 »

pfortuny wrote: post #581
quickthrower2 wrote: post #297

Earlier quoted context omitted.

When did the begin? Coffee consumption begin 15th century Tobacco 18th century Oil: 347 AD Social Networks: circa. 2002.

Sorry but tobacco gets to Europe just after Columbus reaches America, and gets consumed in Europe by then. And the indians of America consumed it much earlier. Just to clarify.

Thanks. I admit i just wikipedia-ed these quickly

Re: Facebook loses users for the first time

#583

Post by Griffinsauce »

randomsearch wrote: post #504

This is how the narrative of Facebook looks to me: Zuckerberg got lucky and then executed brilliantly, transitioned from nerd hacker to CEO amazingly well. He deserves a lot of credit for that. Since then, Facebook have innovated very little. Zuckerberg recognised this, and bought Instagram and Whatsapp in lieu of building an innovative company. The latter is clearly really difficult to do. Without a stream of new id…

> What they _should_ have done is debatable, but developing some sense of ethics might have helped.

I don't see how you could do that. Even recognizing a blind spot like that is extremely difficult and then changing that company DNA is near impossible, it might be even harder than pushing for more innovation.

Both are the same problem though: changing culture. That is only possible with a drastic change at the top, which didn't happen.

Zuck would have had to have a personal epiphany for that to happen because he's un-fireable.

Re: Facebook loses users for the first time

#584

Post by agumonkey »

agumonkey wrote: post #294
distribot wrote: post #292

Earlier quoted context omitted.

You think TikTok is facsimile of Facebook?

I think they're all the same, streams of pics/videos.

I see what you mean but this string of social network website all have this "come together to do nothing but comment" basis. And that's probably why they spin into data hoarding nothingness, because there was no evolved purpose in the first place.

I'd have a hart time comparing HN, deviantart and a few other places with facebook and instagram..

Re: Facebook loses users for the first time

#585

Post by oska »

romeros wrote: post #352
batiudrami wrote: post #309

Earlier quoted context omitted.

This article is literally about their daily active users number dropping.

HN Users typically read the heading and jump to the comment section..

I'd actually argue that HN is one of the better forums in terms of percentage of commenters who have read the linked article

Re: Facebook loses users for the first time

#586

Post by riffraff »

petesergeant wrote: post #549
bryanrasmussen wrote: post #520

Earlier quoted context omitted.

>Facebook have innovated very little. Zuckerberg recognised this, and bought Instagram and Whatsapp in lieu of building an innovative company. The latter is clearly really difficult to do. I can't remember who it was - maybe Stratechery - that theorized that Zuckerberg thanks to his experience running Facebook had a really good intuition for when Social media where going to go far and thus was able to make deals that…

> was able to make deals that at first looked wildly overpriced but in the end seemed to be a steal I wonder how much survivorship bias there is here. Presumably they've made some truly dreadful acquisitions too?

I think Instagram and WhatsApp were the only very expensive ones. They did buy (and kill) a lot more

https://www.techwyse.com/blog/infographics/facebook-acquisit...

EDIT: and Oculus, too

Re: Facebook loses users for the first time

#587

Post by feupan »

spideymans wrote: post #384
feupan wrote: post #344

Earlier quoted context omitted.

The decline is only one-sided. Facebook down, TikTok up. The mean amount of social network users is not declining at all.

TikTok is essentially a mobile-first reincarnation of YouTube. I’ve yet to see any users use it to socialize with friends and family they know in real life. I’m hesitant to call it a “social network” when there’s little to no socializing there in the first place

You have profile, you publish content, people leave comments, you can message anyone. It is a social network. Don’t confuse its format for YouTube because that’s now how the youth is using it

Re: Facebook loses users for the first time

#588

Post by lifeisstillgood »

avhception wrote: post #525
randomsearch wrote: post #504

This is how the narrative of Facebook looks to me: Zuckerberg got lucky and then executed brilliantly, transitioned from nerd hacker to CEO amazingly well. He deserves a lot of credit for that. Since then, Facebook have innovated very little. Zuckerberg recognised this, and bought Instagram and Whatsapp in lieu of building an innovative company. The latter is clearly really difficult to do. Without a stream of new id…

If there only was a way to monetize users without getting into ever-shadier ad-tech and dark patterns... I was really sad the day that WhatsApp stopped charging money.

But a billion people got massively upgraded end to end encrypted communications.

It's not clear what, if any, benefit that has had. But it's going to be something

Re: Facebook loses users for the first time

#589

Post by verinus »

FullyFunctional wrote: post #526
davedx wrote: post #521

Earlier quoted context omitted.

I agree with most of what you wrote up to this point: > He's a super smart and prescient thinker, so he can see VR is a good play He made a school yearbook on the internet and copied some features from existing social networks like MySpace. Facebook was just in the right place at the right time and executed well. The jury is very much still out on whether "VR is a good play", too. It might turn out to be a gigantic o…

Anyone remember that Next Big Thing was supposed to be 3D TVs? I think VR is similarly misguided (ie, will never go mainstream but will have a healthy niche).

First thing I thought about too.

Metaverse is not a utopia but a dystopia!

edit: typo

Re: Facebook loses users for the first time

#590

Post by websap »

karmasimida wrote: post #572
websap wrote: post #554

Earlier quoted context omitted.

You lost me at Zukerburg got lucky. Facebook changed social media forever, they completely innovated this domain.

but TikTok comes and basically wins the war because it is as un-facebook as it can be. It can be enjoyed, or better if you follow nobody. Whatever FB's innovation is, it doesn't age well, otherwise fades so fast

Bro, you wanna send a bunch of emails to keep up with your friends. Facebook is and was the truly first social media for the masses.

I hate Facebook, but I will buy its stock, and I will make money.

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