• 50 minutes

    amazing how many missteps you can make as a ceo these days without consequences…

    • 22 minutes

      It’s what happens when you own a controlling share of the company. You can freely run it into the ground.

  • 2 hours

    They are automatically putting ppls pictures in image to video ai without permission and advertising it back to them

    • 19 minutes

      For real? That is some dystopian Minority Report level advertising right there.

    • 2 hours

      Shining a light on why rich people are the result of inadequacies in the system.

    • 3 hours

      To be one of many examples of how a human can have net negative value?

  • If you are still actively using Facebook you are either over 40 or live in a rural area of the country. As an example, I live in a small rural town of less than 4000 people everybody still uses Facebook and the amount of AI that they are liking sharing commenting on is absurd.

    • 3 hours

      I just recently learned that is only true for some places on earth. In Hungary if you want to find any event, you have to still use Facebook. I have seen people using Facebook messenger on a phone, which i have never seen before 🤣.

      • Exactly, I do still have a Facebook. I rarely use it anymore, but because of the ubiquity of everyone here using it, you still have to log on once in a while to stay informed of events or anything going on currently there is a wildfire close to my hometown and most of the information is posted on Facebook, but the crazy thing is a lot of local people have been posting AI footage of the wildfire or AI god prayer quotes asking for help and protecting the firefighters and are also trying to turn this fire political for some reason.

  • 8 hours

    This video on how much of the debt these companies hold is hidden from their balance sheets is chilling. According to this, Meta “officially” owes $151B, but in reality has debt obligations closer to $572B.

    That’s over 40% of Meta’s entire market capitalization, and they’re rapidly adding to that debt. Meta’s existing properties are losing users, and there’s just no fucking way they’ll be able to pay back this debt in the long term, because they have zero hope of deriving income from all this data center investment. At some point, BlackRock and the other private equity firms Meta owes money to are going to come looking for blood

    • They are all going into debt over datacenters. Google issued new shares… how? why? They all make so much money and still they can’t cashflow this expansion.

      What blood will there be to take?

    • I guess they’re waiting for Peter Thiel to save them, again, when he turns the data centers into data lakes for palantir and we go full surveillance state. I do believe there is some end game these tech billionaires believe is on the horizon that we aren’t really privy to, it’s just a matter of them making it come to fruition before reality crashes down on their heads. Bankrupting them faster through boycotts is a good way the average person can help speed up reality and slow down their progress.

      • I do believe there is some end game these tech billionaires believe is on the horizon

        I think it’s just a variant of the standard republican “Reagan proved that deficits don’t matter”. They think financial wealth is something they can just create out of thin air using AI (the way that government creates wealth out of thin air by printing money, allegedly), so as long as they acquire the data centers to fuel it, by whatever means necessary, they’ll be all right in the end.

      • 3 hours

        Ugh. I’m so sorry and angry every time I think on this…

        …Full surveillance state. I do believe there is some end game these tech…on the horizon…matter of them making it come to fruition before reality crashes down on their heads

        We should bankrupt them faster because it’s what they deserve, and the progress needs to be slowed at all costs.

        But the reasons why all this is unfolding? Very clear to see, and you even referenced them without really pausing to consider.

        Fascism isn’t stupider this time around (in so far as being beyond the already astronomical stupidity required to believe it’s a solution to fucking anything).

        It’s desperate. They didn’t pivot away from their little spaceship dreams and into AI because it’s more profitable. They don’t care to come ahead in an economically sound world.

        I’m sorry. Time has ran out on the climate and our biosphere, as far as them retaining the properties that allowed us the ‘Modern World’.

        There is no longer an avenue that averts widespread desolation, and they’ve known it all along because they don’t actually all ignore scientific consensus, they just pay for the masses to ignore it.

        It’s going to be a gnarly and awful time, but humans aren’t wired to just give up and die.

        Hence the total surveillance state. Hence the mass casual cruelty with mass deaths. Hence the persecution of anyone who might oppose or see through it.

        The world as we know it will be reduced to ashes, in our lifetimes, and we’ll have to scramble to do whatever our species will do just to barely persist in some form, as that is just what we do.

        They dream of a techno feudalist dreamscape where each little Dragon has their manageable fiefdom composed of a diminished and controllable populace to continue to carry out their self-aggrandizing whims. They can burn all of the economy now, because they’re trying to trade it for straight power.

        Joke’s on them, they’ll die by the masses too, and those that don’t, will die by the masses. It’s not that hard for thousands of angry and with nothing to lose people to go after them.

        Their dream of Autonomous Weapon guardians is as laughable as the rest of the stupidity they’ve attempted and failed at throughout the years: It will be as imperfect a solution to what they’re attempting as anything else they’ve ever done.

        But we collectively let them have control of the playground while it was fresh and clean, so now we gotta deal with their bullshit king of the hill fantasies and the results of their evil stupidity.

    • 9 hours

      Exactly. Zuck stole the original idea to Facebook. Then bought a ton of companies after that for innovation. He has no good ideas of his own, when he does think of stuff, they are wild big company pivots that fail.

      • 9 hours

        Zuck has never had an original idea in his head, ever. His initial claim to fame, prior to FB, at least on college campus’ was making a “hot or not” clone utilizing photos from various Harvard facebooks. Every idea since then has been someone elses or he’s tried to take the Apple approach of “let someone else do it first, then we improve on it” except he has never been able to nail down the second part. The only reason FB became successful was the initial exclusivity and it filled the gap of a post 20-something myspace/ICQ/AOL IM world.

      • I absolutely agree with you but I think that take is a bit short-sighted and undercuts just how evil this stuff is.

        Tom Nicholas did a Youtube video on the metaverse a while back (oh my god it was 4 years ago, https://www.youtube.com/watch?v=TM00M-dRMBk) and it’s been stuck in my head ever since. The pivot towards VR was an attempt to get even deeper ahold of our attention and what better way to do that than with goggles that are constantly in front of our eyes? The same with AI as it attempts to insert itself as a substrate layer of all technologies, and again with the smart glasses.

        It’s easy to dismiss these efforts as hilariously misguided but they’re not. They’re extremely calculated and he only needs it to pay off once to make everything worth it, and I think there are others that realize this as well. We just gotta keep praying that these efforts burn him out before they strike it big. I’m neither a praying nor gambling man, but praying is all we got right now to stand in his way and I wouldn’t put money on the certainty of Facebook’s failures …

        • 8 hours

          It’s easy to dismiss these efforts as hilariously misguided but they’re not. They’re extremely calculated and he only needs it to pay off once to make everything worth it

          Fortunately there seems to be a limit as far as what people are willing to tolerate. While I agree these moves are extremely calculated, they’re being calculated by people who are almost completely disconnected from reality and whose egos cloud their judgment at every turn

          • Precisely. I make calculated decisions all the time. But I suck at math. Even “highly calculated” decisions can be very stupid. In fact, some levels of stupidity are only possible with some level of higher education.

        • 6 hours

          The moves are very calculated. But boy, is suckerberg bad at math. This calculation lost them 80 billion.

        • 7 hours

          Praying , and encouraging more refugees into the fediverse and threadiverse!

        • They’re extremely calculated and he only needs it to pay off once to make everything worth it

          Yes, someone else who’s actually intelligent will do those things but zuckerberg himself is a talentless bastard who won’t be able to execute those ideas.

  • He probably should have stuck with the Metaverse, I’m sure it would have worked eventually. I mean maybe, who knows…

    • 3 hours

      There was a brief period of time where they were actually on the “right” track IMO. You’d pop the headset on, call your friend(s), and when they answered, immediately your VR avatars would be standing in the same virtual space or in your room if you’re using passthrough mode, and you could “look at” and speak to each other in a way that felt extremely natural. You’d start gesturing and naturally moving your body as you speak in the same way you would in a face-to-face chat. The same way you can be at a Halloween party and after a few minutes, you’re having a completely normal conversation with Abe Lincoln or a frog or whatever. Even though the avatars weren’t perfect, there were times that three of us just stood around for 30-45 minutes just chatting and catching up before anyone suggested playing an actual game.

      To me, the main selling point of VR is that it’s the best way to feel present with someone who isn’t physically there. It’s better than a video call or a traditional online game. It’s really the closest thing to just “hanging out” with someone who’s somewhere else.

      Of course, it only worked that way for a month or two before they made it so that you couldn’t gather like that unless you were inside the horizon worlds app, which everyone always hated. Typical dark pattern enshittification as usual.

      This is all beside the fact that it’s Zuck, Facebook, and all the other things everyone hates, but much like the perv glasses seem to be catching on, I think Zuck’s metaverse could have been somewhat popular if they hadn’t done… basically everything they’ve done to it.

    • If he made thin AR glasses, that could have been neat. Should have specialized in a set of consumer glasses that is smart enough to take over basic phone use. Including a type of FaceTime but through the glasses. They could have designed a weird system that uses fancy cameras and embedded AI to construct your face in real time. They could have specialized in making them very lightweight. All the stuff you might expect out of futuristic glasses, then allowed them to take eSIM. They could have reasonably considered entering consumer phone/data services under some weird niche.

      • 4 hours

        They’ve been trying to build that, and they even demo’d a prototype after spending a few billion, but it was too expensive to sell.
        Slim AR displays are science fiction technology, and the best they can do right now is still quite limited compared to passthrough VR. They can’t hit nearly the same FOV or resolution yet in transparent displays, you either get readable text or a wide FOV, but not both. There’s a reason Google Glass was only a tiny thing in the corner of your vision.

  • 7 hours

    And yet again, Zuck walks away from a mountain of burning money without a scratch on him. 😡

  • Steals an idea to get rich. Buys companies to produce ideas for him but still fails somehow. Gets called innovative genius because he has lots of money? I guess all he is that he was opportunistic and was able to realize a good idea (perhaps by chance) a long time ago and stole it. Now he is constantly failing on choosing good ideas but because he is stinking rich he is somehow able to keep himself afloat.

    • 7 hours

      Luck is a key part of success. Timing being one of the luckiest random factors.

  • 8 hours

    Well at least he has that thing he named the company after to fall back on, right?

    • 8 hours

      There’s always money in the…poorly rendered virtual banana stand in a digital wasteland

      • 5 hours

        It extra funny when you consider a 23+ year old Virtual World is more popular than his stupid Metaverse.