Earlier quoted context omitted.
For better or worse, it does seem Zuckerberg is as invested in making the "metaverse" the new future of Facebook as Jobs was with Apple and the iPhone
Seems like "metaverse" means walled internet. "You've got mail!" LOL
Facebook Renames to Meta
621–630 of 1001 posts
Re: Facebook Renames to Meta
#622Re: Facebook Renames to Meta
#623Earlier quoted context omitted.
Maybe I'm too old, but I don't know a single person with Oculus, not even among my younger coworkers. I don't discount that it could be the next big thing, because wtf do I know, but it feels very niche to me, and certainly not something that can get the engagement like a phone can. And in terms of money, Facebook itself is a printing press, I wonder what the business model is for this? Selling games or experiences?…
> I wonder what the business model is for this Addicting people to living in a fake world where anything is seemingly possible, and then exploiting it. Basically the same M.O. as their other products, but on a "next level."
The sentence I was looking for.
Re: Facebook Renames to Meta
#624Earlier 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…
Remember this AR Demo from Apple way back with the iPhone 8? https://www.theverge.com/2017/9/12/16272904/apple-arkit-demo... And what commercial applications of this have we seen in the last 4 years?
Re: Facebook Renames to Meta
#625Can anyone here convince me AR/VR isn't a fad? If FB is headed towards a metaverse where our insane uncles can embed themselves further in a false reality, how is it that the rest of us sane individuals want to join their conspiratorial matrix? Even taking out the crazy uncles, VR makes me insanely nauseous. What's more, it's very expensive to get solid VR that doesn't, nevermind it still looks terrible even if you h…
generally no, because this framing starts the conversation from a standpoint that you have a position, and it's the other person's responsibility to change your position, instead of your own responsibility.
> What's more, it's very expensive to get solid VR that doesn't, nevermind it still looks terrible even if you have a high powered rig.
have you used a Quest
Re: Facebook Renames to Meta
#626Re: Facebook Renames to Meta
#627Earlier quoted context omitted.
Not if you read Japanese comics, or if you speak Portuguese.
It’s a good thing if it clashes with existing words?
At least manga and mangoes are funny, magna seems just posh and insufferable (which if you ask the right people, is an accurate description of those companies)
Re: Facebook Renames to Meta
#628Earlier 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 .
No they don’t, except maybe in Michigan ( Dodge v. Ford is a Michigan Supreme Court ruling from 1919, applying Michigan state law; as your own article states: “In the 1950s and 1960s, states rejected Dodge repeatedly”, so assuming that Dodge v. Ford represents anything other than a quirk of Michigan law [and potentially an outdated one even there] is...unfounded on the evidence you have provided.)
To summarize the case, Ford was sitting on a huge amount of cash. Some shareholders, in particular the Dodge brothers, wanted it paid out as dividends. Ford said no, and specifically:
"My ambition is to employ still more men, to spread the benefits of this industrial system to the greatest possible number, to help them build up their lives and their homes"
Had he said less, or even nothing, that would have been fine. Management is entitled to make whatever business-related decisions they see fit (the "business judgement" rule). If the Dodges disagree with those decisions, they can sell their shares and reinvest the money elsewhere.
Had Ford said more "...and we think doing so will grow the market for our cars", "help us retain our skilled and motivated workforce" or something else vaguely related to success of Ford Motor Company, that also would have been fine.
Unfortunately, what Ford said fell into a gap where it was clear that what he was doing was not a business decision; he was using the shareholders' money for his own personal ends, charitable though they may be. Shlensky v. Wrigley is an interesting comparison. The Cubs refused to have night baseball games due to some...idiosyncratic beliefs about the "true nature" of the sport. This reduced their potential profits, but was nevertheless okay because chasing after the "purists" OR going for mass-market appeal are both reasonable business decisions.
(This is not my argument; it's made in this article: https://digitalcommons.law.yale.edu/fss_papers/1384/)
Re: Facebook Renames to Meta
#629If 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. 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? Federate it a bit more than they are comfortable with, to at least give it a chance. I could see this flubbing out hard otherwise. I'm personally…
A Facebook-controlled metaverse, rising gas prices... it is only a matter of time that humans ends up being used as batteries.
Re: Facebook Renames to Meta
#630Earlier 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?
HN has its own brand of toxicity and cynicism for sure, but the existence of HN doesn't depend on that. It doesn't need you to be angry to survive, it doesn't need to know about you as a person. If you like the content that surfaces on HN and you get on well in the community then you're good. HN doesn't give a shit if create an account to comment on one or two interesting posts and then never return . HN can live wit…