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…
> It looks like the timeline for VR won't be short enough to save FB, but even if it were arriving soon enough he must know that FB probably isn't capable of delivering a truly new thing. I think it is... eventually . But the technology to go from where we're at -- where it's mostly just useful for games -- to a true game-changer in the big picture, it's just not there yet. Gonna be several years at the bare minimum,…
Facebook loses users for the first time
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Re: Facebook loses users for the first time
#782There is something else going on around FB. Almost all activity online has shifted away from the Social Graph to a Content Graph. Almost nobody wants to see what their friends are doing online anymore. In a lot of ways it can be cringey. People just want the latest, catchiest content. TikTok and Youtube are the OGs here, but it's everywhere when you start to look. Twitter timeline changes being an awkward but working…
This is probably the most accurate description of Facebook I've seen.
Re: Facebook loses users for the first time
#783Re: Facebook loses users for the first time
#784Earlier quoted context omitted.
Microsoft, for all its flaws, has strengths. They're grittier than most and ultimately, know how to deliver software products and build businesses around them... very different products and very different businesses. Leadership was a lever to these, but there was something to lever FB have never built a successful product besides Zuck's original. They have never created a good business besides the FB and program. The…
"It's all about pushing for revenue. Some newly invented fee that most customers don't know they're paying. Some new way of charging both sides of a transaction. More of something. Generating revenue from customer data, float, 3rd party deals... taking advantage of moat. FB would be really good at that." I'm curious: do you have any awareness of the fact that there are very unethical actions suggested in what you are…
Re: Facebook loses users for the first time
#785Earlier quoted context omitted.
I don't think it's going to die as quickly as you think - it's a pretty sticky product. The network effects that made it attractive might kill it pretty fast when they evaporate, but it's going to be a major player in adtech for at least a decade, which might just give it time to be "saved" by some of the plays they're now pivoting towards. On the ethics thing: they introduced some mechanisms around this, but the app…
Are we reading the same comment? @randomsearch said it would take decades for the company to decline.
Re: Facebook loses users for the first time
#786There is something else going on around FB. Almost all activity online has shifted away from the Social Graph to a Content Graph. Almost nobody wants to see what their friends are doing online anymore. In a lot of ways it can be cringey. People just want the latest, catchiest content. TikTok and Youtube are the OGs here, but it's everywhere when you start to look. Twitter timeline changes being an awkward but working…
Re: Facebook loses users for the first time
#787This 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…
Microsoft, for all its flaws, has strengths. They're grittier than most and ultimately, know how to deliver software products and build businesses around them... very different products and very different businesses. Leadership was a lever to these, but there was something to lever FB have never built a successful product besides Zuck's original. They have never created a good business besides the FB and program. The…
The way I see it, this is the biggest thing they need to turn around. To a point where they might need to launch a product - or maybe a paid tier - that is somewhat separate from what the FB experience has become.
What users want from FB needs to be explored on multiple levels. Ability to sort posts chronologically between a subset of your network, 'suggested' connections you can filter by relevance to a subset of your interests, customizable local community participation alerts... there are all kinds of ways of exploring vast social networks that can actually benefit society.
I strongly feel that prioritizing content which gets people riled so you can feed them more ads is such a massive negative, showing a willingness to change something so terrible yet fundamental to their current revenue would be the most significant thing they could do. It probably won't happen, but despite my increasing pessimism I still like to imagine better possibilities.
Re: Facebook loses users for the first time
#788Earlier quoted context omitted.
Hacker News and other relatively smaller forums are different. They are free social media networks that aren't optimized to maximize engagement, promote outrage, or instill a fear of missing out.
I have seen all 3 things on Hacker News. In addition to large threads about conspiracy theories, antivax and misinformation.
>maximize engagement
It encourages engagement with upvotes and additional privileges when an account gets more points. However, the site’s design doesn’t maximize it. I don’t get push notifications to check the site, awards, or suggestions for other relevant articles in the comments.
>promote outrage
Outrage can be a factor that causes posts to rise, but deliberate policies avoid optimizing for it. Specifically, the avoidance of editing the submission title, unless the purpose is to make it less clickbait.
>instill a fear of missing out.
This is most subjective, but I get the sentiment that if someone posts an amazing project, there’s a good chance of constructive critique in the comments, or more information from the developer about how they made it.
Other social media websites don’t have the depth of discussion (just photos of the best parts of their life, without talking about the challenges). This is relatively more of a cultural/user base observation versus an interface decision, however.
For conspiracy theories, antivax, and misinformation, the alternative is heavier moderation. It looks like a judgement call by HN moderators to err on being less interventionist with user discussion. There are tradeoffs, but I think the benefits of free discussion outweigh exposure to misinformation, so long as one reads skeptically and critically.
Re: Facebook loses users for the first time
#789Earlier quoted context omitted.
> despite working for them for 4.5 years wow.
Eh, I'd be more surprised/concerned if the Facebook user table had a special flag for whether someone was or ever had been an employee.
Re: Facebook loses users for the first time
#790There is something else going on around FB. Almost all activity online has shifted away from the Social Graph to a Content Graph. Almost nobody wants to see what their friends are doing online anymore. In a lot of ways it can be cringey. People just want the latest, catchiest content. TikTok and Youtube are the OGs here, but it's everywhere when you start to look. Twitter timeline changes being an awkward but working…