Zuckerberg is fundamentally right [1], and I think it's a good observation that many people fail to make. But I think it's companies other than Facebook/Meta that are creating the new value. [1] https://clickhole.com/heartbreaking-the-worst-person-you-kno...
I agree with you however truly innovative things that are not making anyone poorer are way rarer than author of this post suggests. Even Steve jobs devices, given here as an example, was taking part of the cake from someone else. First thing that came to my mind is original VCS made in 1972 by Bell Labs. This was an invention that genuinely created profit from place where no one else was making any money.
‘Your Map Is Wrong’
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Re: ‘Your Map Is Wrong’
#62> There is this beauty of economics – you don’t have to make anyone poorer in order for you to become richer. At any appreciable scale I disagree with this, or at least believe this ignores a whole lot of complexity. Like, it totally ignores how profits are allocated within a company, for instance. Jeff Bezos got richer by making his employees poorer, for instance. He could have chosen to make his employees richer at…
Re: ‘Your Map Is Wrong’
#63Destroying democracy isn't creating value.
Re: ‘Your Map Is Wrong’
#64Full text: ‘Your Map Is Wrong’ – P2P.AI On stage with John Battelle and Tim O’Reilly at the 2010 Web2.0 Summit, Mark Zuckerberg stared at the Summit backdrop, that had a map with various consumer technology areas that have been ‘conquered’, charted out. “Your Map is Wrong,” Zuckerberg said. “The biggest part of the map has to be uncharted territory — this map makes it seem like it’s zero-sum, but it’s not. We’re buil…
I really don't like Zuckerberg and expected to disagree with him (especially about maps, everyone gets maps wrong (especially especially on computers) but this isn't a map of the earth.) This sounds right to me. Every time someone says we've figured everything out they're always wrong. There's always more to understand. I don't think Facebook legitimately adds value, I think it's entirely parasitic. But we haven't di…
Re: ‘Your Map Is Wrong’
#65"We’re building value" in the mouth of Zuckerberg has to be the joke of the day. Destroying democracy isn't creating value.
Peter Thiel begs to differ.
Re: ‘Your Map Is Wrong’
#66Earlier quoted context omitted.
Very strongly agree. If you work in tech in general you should probably be thinking about most decisions with this kind of positive sum mindset where one person’s gain is not another’s loss. For one thing, I think it feels better, but it is also very typically true.
I think you think that because you want to. But it's simply not true. Internet classifieds destroyed newspaper ads. Apple destroyed Nokia. It is a zero sum game to a certain degree. I'm not saying you should feel sorry because you improved things, but sometimes your success is someone else's downfall.
Re: ‘Your Map Is Wrong’
#67>None of us knew we needed Steve’s devices until they were given to us. I have recently been given a $2500 toy by $EMPLOYER$ and I still don't need it. Personal anecdote aside, is this post seriously advocating for creating needs from scratch?
The only frame of reference that I can speak to is I'd like cheap, safe, and clean electricity.
If I were a nuclear engineer I'd have more opinions about what could be done to make it cheaper, safer, and cleaner.
Re: ‘Your Map Is Wrong’
#68Earlier quoted context omitted.
I agree with you however truly innovative things that are not making anyone poorer are way rarer than author of this post suggests. Even Steve jobs devices, given here as an example, was taking part of the cake from someone else. First thing that came to my mind is original VCS made in 1972 by Bell Labs. This was an invention that genuinely created profit from place where no one else was making any money.
profit is not the same as wealth
Re: ‘Your Map Is Wrong’
#69Earlier quoted context omitted.
Let me translate that: "None of us knew that we needed privacy until it was taken away from us by Steve's devices, Facebook, Google and others."
And now this can be a new profitable market to sell some privacy back to you!
Re: ‘Your Map Is Wrong’
#70Full text: ‘Your Map Is Wrong’ – P2P.AI On stage with John Battelle and Tim O’Reilly at the 2010 Web2.0 Summit, Mark Zuckerberg stared at the Summit backdrop, that had a map with various consumer technology areas that have been ‘conquered’, charted out. “Your Map is Wrong,” Zuckerberg said. “The biggest part of the map has to be uncharted territory — this map makes it seem like it’s zero-sum, but it’s not. We’re buil…
Does Facebook still build anything? These days it seems like they mostly buy other companies that are still able to build and innovate.