Poll: Which FAANG is the most likely to decline in the years ahead? • Hacker News Board

Re: Poll: Which FAANG is the most likely to decline in the years ahead?

#61

Post by random12345678 » Mon, Jan 03, 2022, 7:56 PM UTC

ecshafer wrote: post #25

Facebook is currently ahead, but I wonder how much of that is perception. There is a lot of media about how Facebook is evil, but that is mostly from a pretty small circle of media and political people, that Facebook is naturally in opposition to. Facebook also owns instagram and whatsapp as well. But everyone over 30 I know uses Facebook, heavily. Instagram is also used very heavily. Amazon has threats from other E-…

>But everyone over 30 I know uses Facebook, heavily

everyone over 30 i know are past facebook and realize Instagram is adware/spyware.

Re: Poll: Which FAANG is the most likely to decline in the years ahead?

#62

Post by lbrandy » Mon, Jan 03, 2022, 7:56 PM UTC

ecshafer wrote: post #25

Facebook is currently ahead, but I wonder how much of that is perception. There is a lot of media about how Facebook is evil, but that is mostly from a pretty small circle of media and political people, that Facebook is naturally in opposition to. Facebook also owns instagram and whatsapp as well. But everyone over 30 I know uses Facebook, heavily. Instagram is also used very heavily. Amazon has threats from other E-…

FWIW, I joined HN 14 years ago (wow) and there's never been a time in those 14 years that HN wasn't convinced that facebook's demise was just around the corner.

Re: Poll: Which FAANG is the most likely to decline in the years ahead?

#63

Post by solidangle » Mon, Jan 03, 2022, 7:57 PM UTC

allenu wrote: post #44

artemonster wrote: post #15

I have loads of friends who started to cancel their netflix subs and went back to piracy because they grew tired of searching for a way to watch something legally. Now its disney, hbo, prime, whatever. Screw all of this.

I was taking stock of all the streaming services I have recently (too many now) and realized Netflix is one I can easily do without. I'm not super into their originals and many movies I do want to watch aren't on the service anyway.

Netflix is also the most expensive service that I am subscribed to. Netflix is €14 and Amazon Prime is only €6. I basically only watch Netflix for a few of their originals (which are arguably aren't that great).

Re: Poll: Which FAANG is the most likely to decline in the years ahead?

#64

Post by itisit » Mon, Jan 03, 2022, 7:57 PM UTC

Amazon, Apple (3T MCAP!), and Google for all their faults and frustrations are highly diversified and incredibly wealthy to stagnate themselves into a decline. And I'd argue they each have the collective brainpower to know the criticality of innovation to a company's survival.

"Teenage users of the Facebook app in the US had declined by 13 percent since 2019 and were projected to drop 45 percent over the next two years, driving an overall decline in daily users in the company’s most lucrative ad market."[0]

Sounds pretty dire to me. Dire enough to prompt the rebranding and pivot into Meta. They'd be my first choice. Netflix, 2nd, is just content (with some great tech under the hood), but just content paid for by a monthly subscription.

[0] https://www.theverge.com/22743744/facebook-teen-usage-declin...

Re: Poll: Which FAANG is the most likely to decline in the years ahead?

#65

Post by titanomachy » Mon, Jan 03, 2022, 7:57 PM UTC

burntoutfire wrote: post #36

propter_hoc wrote: post #4

Netflix's inclusion in this list instead of Microsoft may have been the best investor-relations coup in history.

The list is based on salaries. Microsoft does not reportedly pays as much as FAANGs.

Microsoft comp is bimodal. They will compete with the best in some cases.

Re: Poll: Which FAANG is the most likely to decline in the years ahead?

#66

Post by mech422 » Mon, Jan 03, 2022, 7:57 PM UTC

ecshafer wrote: post #25

Facebook is currently ahead, but I wonder how much of that is perception. There is a lot of media about how Facebook is evil, but that is mostly from a pretty small circle of media and political people, that Facebook is naturally in opposition to. Facebook also owns instagram and whatsapp as well. But everyone over 30 I know uses Facebook, heavily. Instagram is also used very heavily. Amazon has threats from other E-…

Personally, I think FB is in trouble because it became 'your grandmothers social media'...

the youngsters seem more interested in insta and tiktok

Re: Poll: Which FAANG is the most likely to decline in the years ahead?

#67

Post by Miner49er » Mon, Jan 03, 2022, 7:58 PM UTC

ecshafer wrote: post #25

Facebook is currently ahead, but I wonder how much of that is perception. There is a lot of media about how Facebook is evil, but that is mostly from a pretty small circle of media and political people, that Facebook is naturally in opposition to. Facebook also owns instagram and whatsapp as well. But everyone over 30 I know uses Facebook, heavily. Instagram is also used very heavily. Amazon has threats from other E-…

My thought process on Facebook declining isn't about perception. It's that they are putting a ton of capital into and taking a huge risk on the Metaverse. If it fails it could mean a major decline for Facebook.

Re: Poll: Which FAANG is the most likely to decline in the years ahead?

#68

Post by kkcorps » Mon, Jan 03, 2022, 7:58 PM UTC

andrewflnr wrote: post #46

ecshafer wrote: post #25

Facebook is currently ahead, but I wonder how much of that is perception. There is a lot of media about how Facebook is evil, but that is mostly from a pretty small circle of media and political people, that Facebook is naturally in opposition to. Facebook also owns instagram and whatsapp as well. But everyone over 30 I know uses Facebook, heavily. Instagram is also used very heavily. Amazon has threats from other E-…

The strongest signal that Facebook will fall is the recently publicized trouble they're having in hiring people. I expect that to have rather strong knock-on effects... 10-15 years down the road. For example if VR turns out to be as big as everyone says and FB/Meta/whatever are only able to put up a weak offering. I tend to agree that they'll be harder to kill than a lot of us wish.

Do they really? It seems to be blown up by media. Talented people are still applying in droves for a job at FB. The competition has definitely increased with good options out there for candidates but hiring trouble is bit preposterous.

Re: Poll: Which FAANG is the most likely to decline in the years ahead?

#69

Post by jrm4 » Mon, Jan 03, 2022, 7:58 PM UTC

andrewflnr wrote: post #46

ecshafer wrote: post #25

Facebook is currently ahead, but I wonder how much of that is perception. There is a lot of media about how Facebook is evil, but that is mostly from a pretty small circle of media and political people, that Facebook is naturally in opposition to. Facebook also owns instagram and whatsapp as well. But everyone over 30 I know uses Facebook, heavily. Instagram is also used very heavily. Amazon has threats from other E-…

The strongest signal that Facebook will fall is the recently publicized trouble they're having in hiring people. I expect that to have rather strong knock-on effects... 10-15 years down the road. For example if VR turns out to be as big as everyone says and FB/Meta/whatever are only able to put up a weak offering. I tend to agree that they'll be harder to kill than a lot of us wish.

For me, overwhelmingly the strongest signal is that they appear to be going all in on what is to be a widely used social interaction platform that's more-or-less explicitly banning sex; when that's been a primary or secondary driver for so many new internet/tech platform things.

Re: Poll: Which FAANG is the most likely to decline in the years ahead?

#70

Post by jhbadger » Mon, Jan 03, 2022, 7:58 PM UTC

ecshafer wrote: post #25

Facebook is currently ahead, but I wonder how much of that is perception. There is a lot of media about how Facebook is evil, but that is mostly from a pretty small circle of media and political people, that Facebook is naturally in opposition to. Facebook also owns instagram and whatsapp as well. But everyone over 30 I know uses Facebook, heavily. Instagram is also used very heavily. Amazon has threats from other E-…

I think they've lost GenZ, though. Boomers and GenX use Facebook, Millennials use Instagram, but GenZ uses TickTock, and unlike with Instagram, it doesn't look like they can just buy it out to reach the next generation.