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Facebook Renames to Meta

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Re: Facebook Renames to Meta

#851

The 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.

iPhone was not announced as a One More Thing at Macworld 2007. It was a direct transition from the Apple TV segment.

Re: Facebook Renames to Meta

#852
post #745

Earlier quoted context omitted.

>b) How much would it cost to just send every one of them an Oculus headset for free? $300 * 3 billion people, so $900 Billion give or take which coincidentally is right around the market cap of the entire company.

retail price != manufacturing price, so say just 2-300 bil

Freak spikes in demand cause freak spikes in supplier parts prices. Manufacturing volumes of complex goods are quite inelastic. Burst manufacturing price would likely be much higher than steady flow retail prices, not lower. Zuckerberg would basically have to redirect humanities entire smartphone manufacturing capacity for multiple years. Including the part that usually ends up sporting some fruit brand, this wouldn't be cheap at all.

Re: Facebook Renames to Meta

#853
With the metaverse -- I don't really see how that would work (if it's envisioned Ready Player 1 style). Either you have one game engine everything has to be in (limited), or like a lobby system to launch games which is basically just VR Chat with a launcher (not seamless), or youre constantly launching and quitting game engines (messy, hard to make seamless). Am I missing the mark here?

Re: Facebook Renames to Meta

#854
post #762

Earlier quoted context omitted.

3D TVs were the clearest market signal that the market doesn't want this. It was not subtle. And yet everyone just acts like that didn't happen.

Did 3D TVs ever get to sub $1k? I think remember my dad bought one almost a decade ago and I’m sure he paid way more than that for a Sony 3D tv. I don’t know that we can outright dismiss anything based on 3D TVs not taking off. I’m certainly no fan of Facebook attempting to own this space, but to outright dismiss the whole concept because of the poor sales for 3D TVs seems naïve IMO.

Price has never been a limiting factor in TVs. People will throw down thousands each year for the big new 8k. Or projectors. 3D tvs just weren't popular because people didn't like them. It was the first 'major' TV advancement I ever watched fall on its face, and get swept under the rug like it never existed.

I'm not sure the general public at large will like VR, either. It's disorienting. And if strip mall Lasik wasn't enough to tell, we don't like wearing things on our face. That will -never- change.

I remember going to a real 3d movie as a kid, but I forget where. Some movie studio park, probably. It was only 10 or so minutes of Hitchcock's 'The Birds', but wow was it amazing. Too amazing. I remember feeling real fear to where I'd take the glasses off for a few seconds, people were screaming, many took off their glasses before it was over.

Not sure if this relates to the metaverse, just sharing an anecdote.

Re: Facebook Renames to Meta

#856
post #27

The 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.

Colombo invented the "one more thing". Give credit where credit is due ;)

who?

Re: Facebook Renames to Meta

#858
post #837

Earlier quoted context omitted.

Absolutely - this is what frustrates me most about the discourse around the metaverse - the insistence that a virtual world of limitless possibility be unnecessarily bound by the worst aspects of the real world. Doubly infuriating is the smug insistence that this is being done for the "benefit" of creators - as if the point of digital scarcity is a means to benefit creators rather than the speculators who will fuel t…

Wasn't able to watch the complete video without logging in. These values are going to be inherited and become more pronounced in meta for sure.

They will Metastasize, even.

Re: Facebook Renames to Meta

#859

Earlier quoted context omitted.

On the flip side, a lot of people posit that it's exactly this mentality that caused the creation of the advertising profit model in the first place. Net users were unwilling to pay for content because content is trivially copyable, and the early net was idealistic so "Nobody really likes scarcity other than speculators and collectors". Advertising was a way to sidestep this problem altogether and turn users into the…

> unintended externalities You're correct to criticize advertising, but I also want to push back a little bit on the "utopia" of paywalls as a funding method for the web. There's a difference between paying for content creation and paying for content itself. Content creators and their time are actually scarce resources, even online. Content itself is not a scarce resource; once something is created it becomes abundan…

I agree with you in pretty much every way here really. But shoving an ideological framework upon them ends up creating externalities. People want to be fairly compensated for their work. I agree that there's no clear answer and there's lots of rent-seekers in the mix; I just want to push back on the utopian idea of "free information exchange" because I feel like it's played a large part in creating the predatory advertising-focused model that plagues the web today. Let people be people.
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