I can attest to this with N=1 datapoint here. My best friend postponed having kids till they could afford a SFH, but kept pushing it further as the supply dwindled and rates shot up (tier-1 city residents). I can imagine how the number of planned kids could be directly proportional to the number of bedrooms a couple can afford to have.
Not sure why you're making it sound like a conspiracy theory. User behavior profiling is common strategy for all personalized IR products, including recommender systems, targeted ads, web search, e-commerce, and many more. A bunch of major tech companies rely on it. Do you think Google AdSense is also an evil empire? What about Apple and Amazon ramping up their own ads businesses? More people use YouTube than Meta products and even spend more minutes per day there. Do you also think YouTube is also equivalent to cigarettes? What about TikTok, Twitch, and other streaming platforms? Was Doordash also wrong for setting up personalized ads and recommendations?
User behavior profiling wouldn't be bad if and only if users owned the data and had complete control of what is done it. Currently the legal/political system isn't equipped to handle this new technological assault on digital property and it will remain that way as long as long people keep hand waving it away. Imagine the same callous attitude being applied to real estate or other physical property.
And AOL's stock had a 500% return in the 2010s... Yahoo had 300%.
Are you saying people like Facebook's new features like the suggested posts and what they've done to Instagram? Was their VR product line secretly a success?
I absolutely love Instagram app and my friend circle actively uses it. I'm not a big fan of Facebook, but I come back to Facebook groups and marketplace fairly frequently. What's your metric to measure this general propensity? DAU? MAU? Vibes?
Sure, the company may not exist 10 years from now. But there's no downfall indicator yet for this trillion dollar giant. All companies that size have headwinds and tailwinds. The self-assurance you see on this platform for Meta's sure shot upcoming decline is just absurd.
YoY growth and quarterly earnings report don't give you a full picture of how much a company is liked (which is important for b2c companies like Facebook) and how well it is actually performing for the medium/long term.
GE and Boeing also had amazing YoY growth and great quarterly reports, until the underlying dumpster fire they were nurturing for years exploded in their faces and now they don't have growth nor profits anymore.
You could say the same thing about every big company. Apple has headwinds from sales in China and US-China trade wars, Tesla is trailing BYD and seeing declining EV demand, and so on. Every large company has something or the other going on. But I find it funny that every new project from Apple is reminiscent of iPhone 1 while it's the Yahoo path for everything from Meta.
If they are relying on headset sales… competition is about to heat up. Ive been waiting for anyone but meta to come out with a decent, affordable kit and I think were almost there.
HN users have long been calling Facebook a dead platform because none of their contacts are there. Yet FB has 130M dau in north America. Threads will be fine too.
Exactly. If before small business would have to pay Meta $.10 to get 100 targeted people in the door, that same company now has to pay $.30 to show that same ad to enough randos that those 100 interested people get on the door.
Meta was actually being sincere when they said it would hurt small business because otherwise it makes them TON of money. Everyone just fell into the cynicism trap and didn't believe Mark.
IMO it does provide a better user experience. It gets to the end goal quickly by giving you a list of places directly in the Maps app. You can see how far each place is and if you really wanna go to that part of the town from a bird's eye view. Sure, I can Google the same query. But that'd require me multiple clicks and scrolling through possibly long-winded blogs to finally get a list of addresses.
Apple doesn't really have experience with building a platform for user generated content. Sure, they have the technological might, but content moderation, recommendation fairness, ad monetization, etc. are different beasts and usually come with awful publicity risks that might just not be worth the effort for the world's richest company.
They are like 99% there tho. You can start group chat in iMessage and share iCloud videos there. There's some moderation built in iCloud imagine scanning.
That was to let governments know they are willing to write software to find files the government doesn't want people to have. Child porn is just the icing smeared on that turd.
Good point. Although I'd also say that the barrier to entry for content producers is somewhat higher for App Store. You'd likely need some level of computer science education and their review process also takes longer and is controversial at times.
https://en.m.wikipedia.org/wiki/Bobby_Jindal