istewart
Well, he was already practically an SS-Mann without the neck lapels, so why be surprised about this?
Facebook platforms are likely to follow the same trajectory as Fox News, and perhaps Zuckerberg can see that. The main site is obviously full of bullshit and practically useless for its original purpose, and it’s also increasingly abandoned by core demographics because it doesn’t have enough of their preferred flavor of bullshit. I’ve known MAGA guys who make a game out of creating secondary accounts to avoid Facebook jail. That sort of pathological use case is surely driving somebody’s OKR numbers, someplace in the company. After that game stops being fun, some of these people will either decamp for other platforms or (gasp, shock, horror) give up on social media entirely!
Instagram has almost completely subsumed the “my favorite celebrity might reply back to me” appeal that Twitter used to have, although TikTok is also stealing a lot of that. If they lose that shine, Zuckerberg’s in real trouble.
PoobiSoft
How interesting, a volcel who only thinks he’s an incel. Many such cases
Two of the major donors pushing to recall the mayor of Oakland, CA are cryptocurrency “executives.”
https://www.theguardian.com/us-news/2024/oct/27/billionaires-oakland-mayor-sheng-thao-recall
Over the summer, Jesse Pollak, a cryptocurrency investor and executive at Coinbase, launched Abundant Oakland, an advocacy organization that funds “moderate” candidates running in Oakland races. The organization is explicitly linked to similarly named entities in San Francisco and Santa Monica.
Abundant Oakland has a related political action committee, Vibrant Oakland, which, campaign filings show, has received donations from Pollak ($115,000), the Oakland police officers association ($50,000), cryptocurrency executive Konstantin Richter ($60,000), the northern California carpenters regional council ($150,000) and a Pac controlled by Piedmont landlord Chris Moore ($100,000).
Yeah, this is the “emperor has no clothes” reality that I keep bringing up with my friends who are still invested in the bubble (emotionally if not financially). The genAI/LLM tech stack defies the entire decades-long cost curve and investment thesis for computer technology. Up through the smartphone era, you bought in because you could get more utility for lower cost. What’s being pushed now is higher-cost for dubious utility gains; it’s just that some vendors are eating losses to hide the costs. (And of course the externalities get swept under the rug.)