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Mark Zuckerberg freezes AI hiring amid bubble fears

telegraph.co.uk

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Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#781

Earlier quoted context omitted.

In general I don't think Google or Apple need AI. In practice though their platform is closed to any other assistant than theirs, so they have to come up with a competent service (basically Ben Thomson's "strategy tax" playing in full) That question will be moot the day Apple allows other companies to ingest everything's happening on device and operate the whole device in reaction to user's requests, and some company…

You’re right, they don’t need AI. I finally stopped using Google search after they added the AI summary and didn’t add a way to turn it off. I’m just as bothered by Apple’s lack of AI as a am their lack of a touch screen on MacBooks. I use AI when I need AI.

Hm, so what'd you want from apple and google.

One went too far in one direction and the other went too fair in the opposite direction. And it seems that you want to be somewhere in the middle?

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#782
post #614

Earlier quoted context omitted.

I think apple is fine. When AI works without 1 in 5 hallucinations then it can be added to their product. Showing up late with features that exists elsewhere but are polished in apple presentation is the way.

or maybe Apple realizes the whole thing ll crash in 18 months and are waiting for the fallout

the AI technology might be nice imo but its nowhere near the amount of money being spent. Its dumpster fire amounts of money and the amount of weirdness just everything being AI wrapper slop is so.. offputting.

Things can be good and they can still be a bubble just as how the internet was cool but the dot net bubble existed

They become bubble when economically things stop making sense.

AI ticks this checkbox.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#783

Earlier quoted context omitted.

> they're being usurped on all sides They did it to themselves. Facebook is not the same site I originally joined. People were allowed to people. Now I have to worry about the AI banning me.

I deleted my Facebook account 10 years ago, and I’ve been off Instagram for half a year. I recently tried to create a new Facebook account so that could create a Meta Business account to use the WhatsApp API for my business. Insta-ban with no explanation. No recourse.

You don't have to use whatsapp api for business if all you want is simple automation.

Like, there is beeper which can theoretically allow you the same but you might have to trust their cloud but they are giving options locally too

in the meanwhile, you can use what beeper uses underneath its hood which is https://github.com/tulir/whatsmeow and use this for automation.

I used this for some time and I didn't seem to get banned but do be careful. Maybe use it on a side sim. I am not sure but just trying to help

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#784
post #726

Zuckerberg either doesn't have the resolve for changing the business, or just keeps picking the wrong directions (depending on your biases). First Facebook tried to pivot into mobile, pushed really hard for a short time and then flopped. Then Facebook tried really hard to make the Metaverse a thing, and for a while, but eventually Meta stopped finding it interesting and significantly reduced investment. Then AI was t…

Metaverse was a flop maybe, but meta makes something like $1 billion a week from its mobile apps, it'd be crazy to say that is not successful. The fact that it was so successful, and that zuck picked mobile to be the next big thing before many of his peers and against what managers in the company wanted to do is probably what has made him now overconfident that he can do it again

[dead]

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#785

Earlier quoted context omitted.

You're right about Instagram, I did forget them. That was a huge get. Was that skill or luck though?

Didn't they just buy it though? Then they proceeded to fuck it up just like they did to Facebook.

Depends on your interpretation. Maybe? I think there's a fair case that Instagram wouldn't be what it is today if it wasn't bought by Facebook.

You could also level a similar question at Google about YouTube. I believe YouTube is one of Google's great successes (bias: I work at Google), and that it wouldn't have become what it is now outside of Google, but I think it would be hypocritical of me to not accept the same about Instagram.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#786
post #689

Earlier quoted context omitted.

> they're being usurped on all sides between TikTok, X and BlueSky Good grief. Please leave your bubble once or twice in a month. Tiktok yes. X and Bluesky, absolutely not.

Monthly active users: From DemandSage: Facebook - 12 billion!? TikTok - 1.59 billion X - 611 million Bsky - 38 million That's according to DemandSage ... I'm not sure I can trust the numbers, FB jumped up from around 3b last year, which again I don't trust. 12b is more than the global population, so it's got to be all bots. And even the 3b number is hard to believe (at close to half the global population), no idea ho…

pardon me but I am just a little surprised as to how telegram came in the last paragraph? we were talking about social medias and telegram is a messaging app...

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#787

Earlier quoted context omitted.

I have an overwhelming feeling that what we're trying to do here is "Netflix over DialUp." We're clearly seeing what AI will eventually be able to do, just like many VOD, smartphone and grocery delivery companies of the 90s did with the internet. The groundwork has been laid, and it's not too hard to see the shape of things to come. This tech, however, is still far too immature for a lot of use cases. There's enough…

Some people even figured it out in the 80's. Sears founded and ran Prodigy, a large BBS and eventually ISP. They were trying to set themselves up to become Amazon. Not only that, Prodigy's thing (for a while) was using advertising revenue to lower subscription prices. Your "Netflix over dialup" analogy is more accessible to this readership, but Sears+Prodigy is my favorite example of trying to make the future happen…

My cousin used to tell me that things works because they were the right thing at the right time. I think he gave the idea of amazon only.

But I guess in startup culture, one has to die trying the idea of right time, as sure one can do surveys to feel like it, but the only way we can ever find if its the right time is the users feedback when its lauched / over time.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#788
post #665

Earlier quoted context omitted.

Bought my IBM PC from Sears back in the day. Still have the receipt.

Worthy if its own hacker news post. Would love to see it.

Yup I agree GP.

today is the first time I heard of sears and the comment about the sears towers and ibm literally gave me goosebumps.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#789

Earlier quoted context omitted.

Edgier prediction: Meta is too (big, but more importantly) relevant to (be allowed to) fail, because it can be co-opted by TLAs due to its apps being pre-loaded on mobile devices. https://news.ycombinator.com/context?id=44979751

There were a lot of things too big to fail Lehman brothers, Enron. When this bubble pops, its going to be absolute chaos maybe just like last time

It will be chaos for those working at Meta and those invested in them too much without an appropriate hedge. I doubt I will notice much, to be honest.

Even if Meta tanked, unless Messenger/Whatsapp stop working, it’s kind of beside the point how much their stock trades for. Everyone will just use whatever has or keeps the most public interest, whether that is Meta-owned or something else.

The worrying aspect is that for Meta to really tank in value, the shit has to have already hit the fan, and it probably would not be isolated to Meta.

My point in my prior comment was that Meta serves the purposes of the IC status quo just by doing what they’re already doing. Cloudflare too, in a way.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#790

Zuckerberg either doesn't have the resolve for changing the business, or just keeps picking the wrong directions (depending on your biases). First Facebook tried to pivot into mobile, pushed really hard for a short time and then flopped. Then Facebook tried really hard to make the Metaverse a thing, and for a while, but eventually Meta stopped finding it interesting and significantly reduced investment. Then AI was t…

Maybe he can work on making Facebook not be such a piece of shit. I feel like he got his one lucky break and should just give up on trying to make more money. He already has billions. Is he proud of Facebook as a product? Because as a user it feels sluggish, buggy, inconsistent, and just full of low quality trash. I would be embarrassed if I was him.

That really seems to be the defining characteristic of the 21st century elite: they’re shameless and proud of it.
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