| ▲ | gloryjulio 2 hours ago |
| > For one thing, I still don't understand Meta as a business Zuck got spooked by apple ads change a few years ago, which crashed the meta's stock to double digit. So Zuck is trying to own a platform. They want to be a version of openai selling ads |
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| ▲ | kombookcha 2 hours ago | parent | next [-] |
| This is an interesting angle. I had not considered how fundamentally exposed Meta is, should Apple and Google decide to break omerta. |
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| ▲ | gloryjulio 2 hours ago | parent [-] | | Btw I am just quoting someone else. It's in the news in for a long time. Besides ads monetization, Zuck's moves in recent years are mostly about creating their own platform so the Apple incident never happen again | | |
| ▲ | kombookcha an hour ago | parent [-] | | It contextualizes all the strange Metaverse and VR-goggles stuff quite well. It always seemed like a weirdly forced product without any particular market fit - who is clamoring for a version of Teams where you need a bulky helmet, and can theoretically buy pretend digital land in order to have a... less useful corporate website? Who is interested in buying dorky goggles that instantly mark you as a weird creep who is probably recording everything you see? Owning A Platform being the point instead of any actual use-case tracks perfectly with all these weird, forced pitches. These are all products for nobody. |
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| ▲ | zaphirplane 2 hours ago | parent | prev | next [-] |
| How is that different from Facebook |
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| ▲ | eiejee 2 hours ago | parent | prev | next [-] |
| Actually his basket case investments with VR is what led to a loss of investor trust |
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| ▲ | johndhi 2 hours ago | parent | prev [-] |
| Good take! I buy it. |
