If you’ve not read it, it’s an enjoyable read. Definitely skip the movie, however.
Facebook Renames to Meta
671–680 of 1001 posts
Re: Facebook Renames to Meta
#672Earlier quoted context omitted.
IG and WA were already wildly popular on a global scale when they were bought, though. People clearly wanted those. Is anyone on board with this “metaverse” thing outside of SV? To me this seems less like the IG and WA acquisitions, and more like the much hyped Facebook Phone and Facebook Home projects (RIP).
I think it's even worse... does anyone outside of Facebook and the press take their Metaverse demos seriously? Everyone I know and work with universally thinks they're a joke. They've spent how much money on this janky uncanny nonsense? You'd think they'd at least stumble into one redeeming quality, but it escapes them.
Re: Facebook Renames to Meta
#673Re: Facebook Renames to Meta
#674It'll be interesting to watch this space and it's cool that someone is working on building this out - I hope they leverage some of the staying power of the web by leaning on protocols for a true platform, but that'll be hard to do.
There's a ton of interesting potential if lightweight AR hardware works out. I think it'll be pretty interesting.
Re: Facebook Renames to Meta
#675Re: Facebook Renames to Meta
#676Earlier quoted context omitted.
Fun fact, in Matrix (if that's what you're referring to) people were originally enslaved by the machines to provide compute capacity of their brains. The battery part came later, when someone (studio executives?) jumped in, and said that's too smart and people wouldn't get it so it was changed to batteries.
That makes way more sense too. Human brains are pretty complex devices, it’s easy to believe the machines didn’t figure out how to make something comparable and opted for human farming instead. On the other hand humans make very crappy batteries, how does that science even work.
Re: Facebook Renames to Meta
#677Re: Facebook Renames to Meta
#678The rebrand was introduced as a "One More Thing" during the event keynote. A 2007 "One More Thing" was the announcement of the iPhone and the future of mobile computing. Now a 2021 "One More Thing" is the announcement of a company rebrand to avoid government regulation.
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
The obvious distinction being Jobs, with his "one more thing," announced an actual product.
Re: Facebook Renames to Meta
#679Earlier quoted context omitted.
I think FAANG is more often used as a career benchmark, i.e. working at Netflix looks good on your resume and pays well.
It's just because FANG (don't think Apple was originally part of it) was a list of fast-growing stocks, coined by none another than Mad Moneyman Jim Cramer https://en.wikipedia.org/wiki/Big_Tech#FAANG Quite honestly that term in both stock and big tech senses is outdated. It should really include a few post-unicorn giants like Uber nowadays.
Re: Facebook Renames to Meta
#680Earlier quoted context omitted.
> They've got almost zero credibility with anyone under 30 I'm not a fan of facebook either but this is simply not true. https://www.statista.com/statistics/376128/facebook-global-u... Even putting Facebook aside Oculus is dominating the VR space due to cheap hardware, which I would bet is a ton of https://www.statista.com/statistics/265018/proportion-of-dir... My point here is consumers don't _actually_ care about c…
This isn't a statement about morals. I agree that no one cares about those. It's a statement that no one thinks "oh cool facebook" about literally anything they say or do. Their greatest successes in terms of social capital over the last decade have involved buying other companies. Maybe I'm in a bubble, but it seems while everyone uses Facebook to some extent... no one likes it.