In other words, that mythical algorithm for Facebook's feed that you're describing is probably not about making people happy or serving their interests. I used to like Facebook, but my stream is getting worse and worse as I see more and more pictures of babies of strangers in my news feed, related to what my "friends" "liked", not to mention being exposed to opinions so stupid that I lose faith in mankind. There's no way of stopping this stream of things from strangers that I don't want. And their analysis of my preferences seems to be completely useless, as I keep getting news items on subjects I'm actively deleting from my stream, but who knows, maybe this algorithm is trying hard to elicit an emotional response from me.
By Facebook's metrics I'm more active than ever. Heck, if HN had metrics it would count me as a satisfied member judging by the intense activity I'm having. Count the words in this comment, this is what true engagement looks like. Yet I'm more dissatisfied than ever. And in particular for Facebook, just as with its symbiotic partner Zynga, I'm predicting a future in which people will realize that Facebook is not making them happy. I know I have, my account being currently deactivated, in what I call a trial separation, pending deletion.
Also, in case you're going to say that I'm not the target demographic, well that's what people said about Google+, the nymwars and forcing YouTube users to join, with Google+ being exactly what you get when you bring in Facebook's crap without having a network effect.
Imagine a little chip you could tuck into a hat-band that would detect the "I can't pass up a bargain this good" mental pattern. Then your phone dings and reminds you what other things you had already planned as priorities.
At that point I'd probably suddenly suffer from a few dozen "self inflicted" stab wounds from sharpened credit-cards in a dark alley.
My facebook seems to be filled with auto-play videos these days. It's not really about my friends any more.
"Come join Facebook and get some auto-playing video ads in your face, but no actual content from your friends will be shown!" is not a compelling value proposition for the prospective new user. (Applies to Twitter too.)
It's got great metrics though! So pointy-haired bosses love it.
It's like a restaurant beating and mugging all their customers before allowing them to leave the premises. Average check size goes from $32 to $250 instantly. Awesome metrics! And absolutely no comeuppance could possibly occur.
Yes, users will use a positive service more often. But if that service is positve at the expense of hiding things, then some will not be happy.
In other words, yes it can help you optimize the color or size of a Buy Now button. But it can't help you build a product.
What you mean is: it can only lead to a local maximum in the worst case scenario. Even blind guesses can occasionally lead to a global maximum, and A/B testing is better than a blind guess.
A permanent one, not like FB's deal you have to click each time.