1 hourWell, since he bought Instagram, he did turn it from a social hub to a slot machine whose payout is fragments of connection to people you care about, carefully metered to be just enough to keep you coming back without leaving ad money on the table.
- DarkCloud@lemmy.worldEnglish4 hours
Zuck fucks up every business model he tries to the point of ending up saying: “I’ll just do an online Casino”
Failing at being a tech billionaire is pretty embarrassing.
Worst businessman ever.
- AreaKode@riskeratspizza.comEnglish3 hours
He had one good idea to connect college student with one another, and suddenly he thinks ALL of his ideas are good. Fuck this douchebag.
- Trainguyrom@reddthat.comEnglish4 hours
Alternate headline: Lord of a crumbling, gutted empire struggles to maintain relevancy
- JollyG@lemmy.worldEnglish5 hours
All these stories about VR, then metverse/crypto, then ai, and now gambling. It seems like Zuckerberg is trying to recreate the early success he had in an emerging field but, at a fundamental level, does not understand that facebook was successful largely due to luck and timing.
Sometimes I think America cannot be a good place to live until the myth of the “tech genius” is thoroughly broken.
- WanderingThoughts@europe.pubEnglish4 hours
does not understand that facebook was successful largely due to luck and timing.
That’s every successful human. It’s a known bias. The classic study was letting people play a rigged game of Monopoly. One random player gets double money among other advantages and wins of course. Afterwards the winner will always tell that it’s because of their strategy or something like that, never they just got luckily.
- IMALlama@lemmy.worldEnglish4 hours
Tech genius is only the most recent wave in this fad. We love our hero worship, which results in cycles of this type of thing.
The most recent example is probably the Robber Baron era of the guided age. Some notables of the time include Andrew Carnegie, John Rockefeller, J. P. Morgan, Leland Stanford, etc. Edison and Bell didn’t reach that level of wealth, but they probably would have if they were alive today.
Don’t worry, a lot of that money is still around wrapped up in family trusts. Sure, they’ve given a decent chunk away to white wash their names but these weren’t good people.
- kat_angstrom@lemmy.worldEnglish6 hours
He’s eager for anything to help him gain more wealth, because he doesn’t have enough yet and enough is never enough.
- saltesc@lemmy.worldEnglish5 hours
That’s the thing I think I’ll die never understanding. I really don’t see the point of being on your death bed with plenty of leftovers.
Some people have a really backwards understanding on the core philosophy of “being successful in life”. Like, he seems to lack the ability to grasp the literal meaning of that concept and so will always be doomed to fail at achieving anything with it. It just makes sense to understand he has a psychological deficit. I’d be empathetic if he weren’t such a catastrophic burden to everyone.
- Hond@piefed.socialEnglish3 hours
I feel like it is in human nature. Its in most of us. But basically all of us encounter this only with video games. Like incremental games were the numbers most go up and it is deeply satisfying even though a lot of them have a deeply disturbing meta-subplot going on while you progress through absurd numbers. Had the same feeling with the ye old Sim City titles. At the start you might roleplay as a “good” virtual mayor but at some point you probably reach the point where you are going to plane entire neighborhoods to build high-rises with fake water-access to min-max your economy on the limited space you are given. The games are already abstract to begin with but with time the abstraction layer gets to the point where you try to game the given rules of the designer.
I’m no expert. But i feel like Zuckerberg managed to reach that point in real life. Basically unchecked by the rules of society he does whatever the fuck he wants to play a perverted meta-progression of life.
- mrpollo@lemmy.zipEnglish3 hours
Probably just a dick measuring contest among themselves. It’s pathetic.
- 5 hours
Eager or desperate? They rebranded their entire company around a clusterfuck vr second life. Are they actually producing enough to stay relevant?
Facebook has been trending downhill for a long time. Threads I barely hear about. I don’t hear as much about Oculus as I used to.
- Talcosis@lemmy.zipEnglish42 minutes
Facebook and shit don’t matter much, but whatsapp is the primary form of communication for a good chunk of the world.
Fun fact: in some places, whatsapp and Facebook (and a few other sites) isn’t even considered to be “internet”. Like, if you don’t pay an ISP you still get access to those. Then paying for “internet” gives you access to everything else.
He’s blown hundreds of billions on his VR and AI shit. He’s desperate.
Meta plans to sell unused AI compute capacity, creating a new revenue stream: Report
- 4 hours
For those who may have forgotten, the little prince of Meta more or less started with Facemash, a site that displayed two photos side by side and asked users to vote for which person was “more attractive,” using a mechanism similar to “Hot or Not.”
All “funny” if it weren’t for:
- Privacy: using photographs of people without consent would often violate regulations and, in many countries, personal data protection laws.
- Consent: the people depicted had not chosen to participate.
- Objectification: asking people to rank solely based on their physical appearance can be seen as a form of objectification and can contribute to a disrespectful environment.
- Possible psychological effects: this type of public comparison can affect self-esteem and exclude or humiliate some people.
Not to mention what happened with Cambridge Analytica.
What do people expect from a mind like that?
Meta also hopes to implement parts of Arena into Facebook and its messaging app, Messenger, attaching betting options to group chats, news feeds, and videos.
“We believe that prediction markets are one of the more interesting new content types,” Ime Archibong, a senior Meta official leading Arena’s development, reportedly said in an internal company post last month. “The social conversation is the payoff as people aim to show off how good they are at predicting things to their friends.”
The strategy appears to be: betting as content, gamifying gambling to become social. It’s a framing that could open the door to harmful situations, especially for the young people he’s going after. According to the National Council on Problem Gambling, 2.5 million US adults, or about 1 percent of Americans, meet the diagnostic mental health criteria of severe gambling addiction. An Epic Research study published on Friday analyzing electronic health records found that gambling disorder diagnoses have risen more than 60 percent since 2018 in states that have legalized sports betting. The largest increase came from young people, aged 18 to 29, whose rate more than doubled.
