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
Mark Zuckerberg freezes AI hiring amid bubble fears
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Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#812Zuckerberg 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…
He, as many other billionaires, confused luck for skill. Just because they were at the right time in the right place to launch something, doesn't mean their other ideas are solid or make sense.
He never tried his secret sauce again. He never realized where his actual success was
Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#813I really do wonder if any of those rock star $100m++ hires managed to get a 9-figure sign-on bonus, or if the majority have year(s) long performance clauses. Imagine being paid generational wealth, and then the house of cards comes crashing down a couple of months later.
If we're actually headed for a "house of cards" AI crash in a couple months, that actually makes their arrangement with Meta likely more valuable, not less. Meta is a much more diversified company than the AI companies that these folks were poached from. Meta stock will likely be more resilient than AI-company stock in the event of an AI bubble bursting. Moreover, they were offered so much of it that even if it were…
Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#814Earlier quoted context omitted.
Instagram was acquired before Onavo.
That’s true, but I remember rumors at the time that Onavo already supplied analytics to FB at the time of instagram purchase. Google gave me a paywalled link to FTCWatch that supposedly has the details, but I can’t check.
FB acquired IG because it was blowing up in SF and MZ (other leaders too) were looking at how quickly it appeared to be growing and how good it was.
Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#815Earlier quoted context omitted.
Exactly. Books are still being translated by human translators. I have a text on my computer, the first couple of paragraphs from the Dutch novel "De aanslag", and every few years I feed it to the leading machine translation sites, and invariably, the results are atrocious. Don't get me wrong, the translation is quite understandable, but the text is wooden, and the translation contains 3 or 4 translation blunders. GP…
Can you provide a reference translation or at least call out the issues you see with this passage? I see "far far away in the [time period]" which I should imagine should be "a long time ago" What are the other issues?
- "even in the thirties little had been done to them" (done to them?)
- "Welgelegen Buitenrust Nooitgedacht Rustenburg" (Untranslated!)
- "his father had first called it Eleutheria" (his father'd rather called it)
- "just as extraordinary does not refer to the ordinary nature of the outside" (complete non-sequitur)
Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#816Earlier quoted context omitted.
Exactly. Books are still being translated by human translators. I have a text on my computer, the first couple of paragraphs from the Dutch novel "De aanslag", and every few years I feed it to the leading machine translation sites, and invariably, the results are atrocious. Don't get me wrong, the translation is quite understandable, but the text is wooden, and the translation contains 3 or 4 translation blunders. GP…
Can you provide a reference translation or at least call out the issues you see with this passage? I see "far far away in the [time period]" which I should imagine should be "a long time ago" What are the other issues?
The difference is gigantic.
Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#817Earlier quoted context omitted.
It's the future! The same as Zuck's bet on VR (remember Oculus?). Similar to Zuck's promises of superintelligence. Just one of the many futures wherein Meta poured a lot of money and achieved nothing. I hope in their real future there is bankruptcy and ruin.
Short sighted. I wouldn't count VR out until the fidelity is good enough and cheap enough that everyone who has a smartphone can experience VR/AR. If it still doesn't take off, fair. But I bet the form factor will be glasses because now you can have a screen way bigger than a phone or monitor and the interface is way smarter (ai). It's just a matter of when everyone can afford one
If we wait 20 years for VR to take off and it's not Meta who benefits then, it's them who are short sighted to have started so early on that bandwagon.
Besides, waiting for something to materialize before being able to declare that it is stupid is a cop out. What, are we waiting for NFTs to become useful? They are stupid now. VR is stupid and unsuccessful now. I ain't waiting to be able to declare that Meta screwed up both in VR and in the Metaverse whatever the Metaverse is.
Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#818Earlier quoted context omitted.
>I have an overwhelming feeling that what we're trying to do here is "Netflix over DialUp." I totally agree with you... though the other day, I did think the same thing about the 8bit era of video games.
> I did think the same thing about the 8bit era of video games. Can you elaborate? That sounds interesting.
Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#819Earlier quoted context omitted.
Thank you. I find this type of thing really interesting from a psychological perspective. A bit like watching videos of perpetual motion machines and the like. Probably says more about me than it does about them, though.
Good for you! I wish I were wired that way. Unfortunately this kind of talk really gets under my skin and has made me have to limit my time on this site because it's only gotten more prevalent as the site has gotten more popular. I'm just baffled that so much content on this forum is people who seem to think their feelings-oriented reactions are in fact rational truths.
Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#820Earlier quoted context omitted.
Thank you. I find this type of thing really interesting from a psychological perspective. A bit like watching videos of perpetual motion machines and the like. Probably says more about me than it does about them, though.
Good for you! I wish I were wired that way. Unfortunately this kind of talk really gets under my skin and has made me have to limit my time on this site because it's only gotten more prevalent as the site has gotten more popular. I'm just baffled that so much content on this forum is people who seem to think their feelings-oriented reactions are in fact rational truths.