Meta: A Social Technology Company
about.fb.com
about.fb.com
Your site is losing popularity to a new social media app for phones? Buy that app. Make it basically the same as your version of social media.
Your previously purchased app is losing popularity to an app devoted to ephemeral videos and pictures? Shamelessly copy that app's functionality in every app you own, and even make an exact duplicate app to commodify that feature. Run the competitor into the ground when they refuse to sell to you.
Your collection of almost-the-same-social-media-sites is threatened by a foreign competitor? Lobby for that foreign competitor to be banned from one of the largest single-country markets in the world. That doesn't work? Spread FUD about the foreign competitor's evil. That's doesn't work? Lobby for intense regulation in the social media space to prevent any competitor from ever showing up again.
A series of scandals, leaks, and general scummy profit-seeking behaviour sullies your name even among tech illiterate folks? Change your name so those people can't keep track of what's going on and launder your reputation.
I can't stand Meta. I think Zuckerburg might just be the antichrist (mostly kidding on this one). But I have to hand it to him: he is very savvy at this whole business thing.
Seems like ordinary business moves to me to buy up competitors. The competitors are paid pretty large sums for their sale so not sure who's being screwed over here.
I had to reply because I can't downvote.
They deserve it: they commit the evil for far smaller a payoff.
For ordinary people, "WhatsApp is owned by Meta" is going to feel really different from "WhatsApp is owned by Facebook".
I hope (and feel) like the ruse will not work.
WhatsApp and Instagram are much stronger brands, and are not already branded "Facebook WhatsApp" or "WhatsApp by Facebook".
Well, the splash screen says "Whatsapp from Facebook", and the description on the Google Play store starts with "WhatsApp from Facebook is a FREE messaging and video calling app."
So, it's out there, even if people haven't changed the way they think.
Disclosure: I worked for WhatsApp until 2019
Google is responsible for alphabets web services. Check out Wikipedia for actual examples like waymo (https://en.m.wikipedia.org/wiki/Alphabet_Inc.)
That's not going to change.
We still think of Alphabet as Google. So while Facebook may effectively become Meta, people will still say "Facebook does X" when they should technically mean "Meta does X".
By contrast, lots of ordinary people interact with WhatsApp and Instagram. It will be/feel different when they're "owned by Meta" vs. "owned by Facebook."
FB's rebrand seems targeted to everyday consumers, so I would bet their brand strategy would change to cater to that, in a way that Google/Alphabet never cared to.
The day facebook went down for some hours, she woke me up complaining "the internet was down"
You still have a point.
They tend to do better with PR slight of hand. Maybe because they get it’s all a political boondoggle and SV companies are run by finance wonks.
It’s probably a smart move on Facebook’s part. Doesn’t stop them being terrible though.
Well, it depends on if they want to keep the Meta name clean from scandals. But I doubt they manage too. It’s a company DNA issue at this point.
So the metaverse. Instead of websites (or social media accounts) interacting using links, we'll live in some AR reality and interact some other way?
Sounds hand-wavy. Sound a mix between a bored tech billionaire searching for a new venture and a distraction from awful business practices.
I don't think Facebook even have a good reputation for innovation. So now Zuck's throwing ideas out to a swarm of marketers, while facebook prints money in the basement with continually dodgy business practices.
This entire industry has been a few years away from mainstream success for decades now. All of it is ultimately a tech showcase without a product use case.
You're confusing "hardware you wear on your face" with the technology stack which eliminates the need for physical proximity to deliver the feeling of unmediated communication.
The face goggles are at one layer of the tech stack, and like the other layers, will be continually improved and swapped out with better implementations. See also: displays, or paper.
That killed it eventually for me, I can't "move" in this virtual space, if I could map my entire flat with wireless high resolution goggles, that wouldn't really help much since my space is unique so any kind of fun terrain use is gone, I still HAVE to avoid my walls nobody else has.
You can have the sort of running carpet things, but at this point, how lazy do I have to be rather than just get out and speak with people.
What you don't perceive I think, is the vast cheapness of just going to a bar, sitting down, and talking, for entertainment. It's never going to be replaced with VR because VR solves no problem and the fun gets old with the limits
https://www.protocol.com/bulletins/facebook-metaverse-10-bil...
If you thought Facebook proper had negative social effects, wait for the Metaverse to fully roll out... "Optimizing" the human experience has its limits.
I don’t see a future where they play a large part of web3, the meta verse or whatever you want to call it. Their entire business is built in predatory ads and that is not the future. New generations move on.
( If it is we have a bleak future)
Meta, a Chan Zuckerberg Initiative project, is a biomedical research discovery tool that analyzes & connects millions of scientific outputs to give you a comprehensive view into science.
and The Chan Zuckerberg Initiative (CZI) is an organization established and owned by Meta, Inc founder Mark Zuckerberg and his wife Priscilla Chan with an investment of 99 percent of the couple's wealth from their Facebook shares over their lifetime.Disclosure: worked at WhatsApp until 2019; was unaware of meta.com/meta.org until today
Which shows that FB is using this meta thing to distract from their brand but not for much else.
You don't like a company X, you don't use its products, that's it.
Hate is destructive.
They seem to have only gotten worse since then in many ways. And I was an adult when I started using it. I can’t imagine what some of these intrusive social media products are doing to kids.
So I dislike and no longer use Facebook. And also, I do hate it.
I’m usually a pretty positive person and would rarely use the word “hate” in respect of another person. I reserve that word for very few scenarios. But I have to say that in this case it’s perfectly fitting.
Obese? Hate Coca-Cola. Lung cancer? Hate Philip Morris. Broke a leg in car crash? Hate BMW. Depressed? Hate Facebook.
Facebook is just a tool. How you use it, it is your responsibility.
I think you are also being too simplistic and neglecting the complex interactions between personal responsibility and the dependency on the environment we as a culture inhabit and create.
The impact of large corporations optimising consumer behavior is not zero, otherwise they wouldn't spend so much money on it. So those corporations also share partial accountability to the problems they helped create.
The product "facebook" being a tool does not preclude the company "facebook" from accountability.
Yes. Because I like to think I'm living among grown ups, not among children where nanny state is needed.
> Obese? just a lazy fatso.
Not everyone of course (sometimes it is disease), but most obese people are.
It is not necessarily bad. Maybe someone decided they are happy being obese, lazy and enjoy sugar in food, that's their choice and their responsibility.
> The impact of large corporations optimising consumer behavior is not zero, otherwise they wouldn't spend so much money on it.
And grownup adults are responsible to recognize these tricks and don't use it when it harms them.
Same as with Coca-cola, which also does millions of these tricks affecting consumer behavior. I drink Coke occasionally, and partly because of their ads everywhere, otherwise maybe I'd drink more water. But I know when to stop.
I hate to say it, but if your relationship is ruined, it's not Facebook to blame.
It is a core life skill, and based (admittedly entirely) on your posting history here, you lack it completely.
This is not an emotional support forum. If you don’t want to have your relationship discussed, don’t bring it here, that’s it.
The pot calling the kettle black it would seem.
> This is not an emotional support forum.
We are all humans here, and humans have emotions. And we bring those emotions to everything we do. To deny this is extremely naive.
There is nothing to be gained from being disrespectful or cruel to each other. Quite the opposite in fact.
There is. I pointed to a flaw in the argument.
> from being disrespectful or cruel to each other.
I'd say it is disrespectful to bring your own grief as an argument in a rational discussion. Keep your personal life out of discussing technical or political discussions.
> And we bring those emotions to everything we do.
No we don't. At least those of us who have grown up.
Neither a prejudice against “emotions”
Sorry that went over your head, I didn't mean to trigger a lecture.
Sorry to hear that. I'd prefer to live in society where there's rule of law and basic freedoms, including freedom to conduct business even if I or someone else disagrees with how that business operates.
I wouldn't want to destroy any legal business.
But destroy it? That'd be too much.
Meta could do a bit of that, too.
even if the technology were here, ultimately the things people enjoy involve reality - eating, vacations, traveling, etc.
I'd go the other extreme actually and make some sort of "superreality"
if you ask a million people "what brings you joy" - the vast majority of the answers will involve spending time with other people in person. video games, social media, etc. only serve as a gateway to reality. a "metaverse" would ultimately be at odds with this.
An example of something that's already here: call of duty. Spending time with others while casually playing is a fun time. It's challenging, requires communication, you shoot the shit, laugh, drink, etc. I already refer to it as plugging in.
Sure I prefer a lake house, or skiing in the mountains, but that's expensive, and not accessible to most. I think too if the environment trends into more chaotic areas you can expect people to spend more time inside, thus more demand for digital experiences.
I mean obviously whatever name they came up with will get ridiculed, but they are just begging for it. The late night comedians are going to have a field day tonight.
merge with main discussion over here: https://news.ycombinator.com/item?id=29029317
Income: 99% from advertising on the social media apps?
All this other stuff is cute hobbies they blow some of their profits on.
Facebook the company is rebranding to Meta. Unlike Google/Alphabet this move marks a shift in the company focus from Facebook as the company’s main product to developing products for the Metaverse.
Maybe they had incredible foresight.
Facebook who? There's nobody here by that name.
"We will continue to make people more miserable, and me wealthier?"
(I like FB groups. It's not all bad. I do believe the company, and their acquisitions, are not good for adolescents psyche, or even most adults up to 40.)
Me, 20 years ago: I wish Dad would try to learn how to use a PC so he could understand what I’m studying.
Me, 10 years ago: I wish Dad would try to learn how to use the Internet so I wouldn’t have to manage increasingly digital regular personal business stuff for him now that Mom’s gone.
Me, today: I am delighted that Dad never took an interest in the online world and will happily serve as a phone to Internet proxy for him the rest of his life, and Snapfish makes good money off me now that I’ve presented my dad with the stereotypical reason his generation started using FB: a grandchild.