At the end of the Social Network, the lawyer told Mark Zuckerberg you aren’t really an asshole, you should stop trying so hard to be one. Well, in real life it looks like he is.
This comes just weeks after dozens of state attorneys general (AGs) filed suit against Facebook’s and Instagram’s parent company, Meta Platforms Inc. (Meta), and three of its subsidiaries, for harming children by addicting them to the social media platforms. Forty-two states, including California and New York, allege that billionaire creator Mark Zuckerberg’s company “knowingly designed and deployed harmful features on Instagram and Facebook to purposefully addict children and teens.”
Previously, Facebook whistleblower Frances Haugen claimed that Meta targeted children and teens for monetary reasons and a leaked document showed that the youth demographic was “a valuable but untapped audience.”
Just weeks after Haugen blew the whistle on Facebook’s tactics, Zuckerberg unveiled his plan to release what may prove to be Meta’s most addictive product yet: Facebook Horizon. Zuckerberg’s October 2021 virtual tour of the new product, which was panned as “super weird,” was his coming-out party for what has become known as “the metaverse”—a digital world that users can essentially live in and access via a virtual reality (VR) headset such as Facebook’s Oculus Quest.
Zuckerberg’s metaverse launch was a conveniently timed and thinly veiled rebranding effort to distract from whistleblower documents and allegations that, according to the Associated Press, show that “Facebook ignored or downplayed internal warnings of the negative and often harmful consequences its algorithms wreaked across the world.”
In October 2021, Zuckerberg changed the name of the Facebook Inc. family of companies to Meta Platforms Inc. to signal the direction his social media empire would be heading. And Zuckerberg has pumped more than $36 billion into making his metaverse ambitions a reality.
Even before the empty gala, internal staff had their doubts about such methods, according to a report by Devex citing anonymous interviews; staff described it as “Digital garbage,” and “depressing and embarrassing.”
The link to the article is below, but when you think your s**t doesn’t stink, you usually wind up sitting in it. Zuck is in a Mt. Everest pile right now.
I guess he didn’t live through Second Life, or is behind on his FPS games reality wise. That’s a lot closer to what kids want.
He’s got the money to waste, let him. It’s costing the employees with layoffs, delayed hiring and cuts in perks. Welcome to the real world.
Everyone in the world other than him can see it’s a loser. Even if they gave the $1000 headsets away for free, many get sick wearing them. A lot of people just aren’t ready for this outside of early adopters.
When I can do what they do in the Ironman movies in 3D, I’ll consider it then.
Here’s the story:
The EU commission has tried and failed to be “down with the kids.”
The commission’s foreign aid department threw a virtual “gala” on Tuesday night, having spent €387,000 (about $400,000) on developing their metaverse platform, in an attempt to attract the interest of young people. Only six showed up.
According to one of the only attendees, Devex correspondent Vince Chadwick, it was an immediate flop and he was the only one left after “several bemused chats” with the “roughly five other humans” who briefly joined.
I’m here at the “gala” concert in the EU foreign aid dept’s €387k metaverse (designed to attract non politically engaged 18-35 year olds — see story below). After initial bemused chats with the roughly five other humans who showed up, I am alone. https://t.co/ChIHeXasQPpic.twitter.com/kZWIVlKmhL
Chadwick shared a short clip on [hotlink]Twitter[/hotlink] showing multi-coloured paperclip-shaped avatars dancing on a stage next to a tropical beach. “Is anybody out there?” read one message on the screen. “The concert is just the same DJ spinning the same music,” said another.
Struggling in its early days, the metaverse space is part of an expensive plan designed to promote the EU commission’s Global Gateway Initiative, which aims to spend $300 billion by 2027 building new infrastructure in developing countries, and the official trailer was dropped on their social media in mid-October.
Our shared digital space is the perfect place to get to know new people and reflect on global issues to make a difference for our shared future. #WhoWeArepic.twitter.com/IAA01vIYbo
— EU International Partnerships 🇪🇺 (@EU_Partnerships) October 13, 2022
The platform is supposed to be a new way to explore the Initiative “through a series of ‘hero’ stories in a virtual environment,” according to the commission.
Users can find information through stories played on video screens around the tropical island on which it is set, while encountering other unusual additions such as an open book art installation on a liquid floor, drones that carry screens flashing words such as “education” and “public health,” and the ability to walk on water.
A spokesperson said the project aims to “increase awareness of what the EU does on the world stage,” targeting young people in particular who spend their time on TikTok and [hotlink]Instagram[/hotlink], and who are “neutral about the EU” and “not typically exposed to such information.”
Facebook parent Meta Platforms Inc. posted its second revenue decline in a row, as the social-media giant wrestles with a vortex of challenging business conditions that have combined to shave more than half a trillion dollars from its market value so far this year.
The company reported quarterly revenue of $27.7 billion, down more than 4% from a year ago, after posting a 1% decrease last quarter. Meta’s share price fell more than 5% on Wednesday, amid a broad selloff of tech shares, and is now trading at a price last seen in 2017.
Meta shares dropped a further 20% in off-hours trading following the earnings report.
From the WSJ, more here
I think there are a lot of people like me that are tired of the crap, both from Fakebook and from people over posting.
They interfered with the elections and now disaster for Americans and the world.
I don’t believe in karma, but the saying is right, it’s a bitch.
Communists get rid of them first. People who are famous that don’t get in line? Gone. Journalists? Work for the Government they way they want it reported or you’re gone. Celebrities who speak out, gone. Look at China and their tennis star (or Jack Ma). Those who are in the commie movement (in the USA, this would be college professors, the youth who have bought into this by ignoring history and of course Hollywood), all gone. These are the first because they are easy to locate by their public spewing of beliefs. They just disappear. Their choice would be to get in line, but then they’d have to give up fame, fortune and freedom. That’s the disconnect.
Don’t believe me? Look at what Stalin did, or Hitler, or Mao, Pol Pot, Kim Il Sing/John Il/Il Sun. They become puppets of the state, or disappear. The woke will be woken up and hauled off.
Democrats hate privately-owned vehicles because POV’s (and cheap gas) give us freedom of mobility. Ultimately, that’s what the Green New Deal agenda is about: control.— Jake Bequette (@JakeBequette91) March 7, 2022
Recently, fascist book announced that they were copying Google (Alphabet) by rebranding to Meta.
I was taken aback as meta means death in Hebrew and I’m pretty sure Zuckerberg is Jewish. His actions and those at Facebook don’t indicate that he believes in God though, quite the opposite. It is appropriate as it’s death to your mental health to be on one of their platforms.
Censorship
There are many examples of fake book taking down posts that didn’t fit the narrative, especially during the election. Zuckerbucks donated about $400 million to swing the election the way it went. Who says you can’t buy an election? Joseph Kennedy did it in 1960 so this is nothing new.
They admit that their censorship is just someone’s opinion anyway.
The Metaverse
I’ve been around long enough to remember the farce that was Second Life. It’s where you played a sort of real life video game in a virtual world. The head of quantum computing at IBM had his department go to virtual meetings for about 2 months in that space. It was such a pain in the ass that the world gave up on it.
To me, it was like Leisure Suit Larry and the Land of the Lounge Lizards, if you are old enough to remember that funny game.
So now, they want us to believe that we’ll wear an Oculus headset and pretend we are in the Matrix. That trope has a long way to go before it really catches on.
What I Think
There is a growing trend in the Comics to head to the Metaverse. The next Dr. Strange will go there. Avengers Endgame showed how you can do it through the Quantum Realm.
That’s not what it really is though. Something is up with Facebook that needs a re-direct. That is what you do in the PR World when things aren’t going your way and you don’t want to address the issue on the table. You go ahead and change the subject and talk about something else. The MSM and politicians do it daily.
Facebook Inc. knows, in acute detail, that its platforms are riddled with flaws that cause harm, often in ways only the company fully understands. That is the central finding of a Wall Street Journal series, based on a review of internal Facebook documents, including research reports, online employee discussions and drafts of presentations to senior management.
It usually has something to do with money, so ad revenue must have been an investor issue, or the fact that Instagram was causing depression in teenage girls because of their self-image being destroyed by others.
It also could be that there are 2 groups of fake book users. The elite users who can break all the rules, and the rest of the rubes that don’t include celebtards, politicians or their favored group.
Mark Zuckerberg has said Facebook allows its users to speak on equal footing with the elites of politics, culture and journalism, and that its standards apply to everyone. In private, the company has built a system that has exempted high-profile users from some or all of its rules. The program, known as “cross check” or “XCheck,” was intended as a quality-control measure for high-profile accounts. Today, it shields millions of VIPs from the company’s normal enforcement, the documents show. Many abuse the privilege, posting material including harassment and incitement to violence that would typically lead to sanctions.
Banning people from the platform for not conforming to their standards. Like a lot of things, that will come back to bite you. Look who he banned and who is building an alternate social media platform now.
AR vs VR
I think there is something to be said for an Augmented Reality world first. That is helpful. I don’t think that a virtual reality world is what anything other than gamers are going to do for now.
If I see someone walking around with an Oculus headset on, I’m going to slap them an then point to someone else when they take it off just to mess with them.
This is something that is way down the road and as soon as the real AR is available, won’t be as attractive. If you want to live in a play world, you can do it via video games right now.
As usual, I distrust Facebook and their motives as should you. I dumped them as a platform. I had to go there a couple of weeks ago to find a workout schedule at my gym that wasn’t anywhere else. I saw the usual tripe there and was almost physically ill for a day. I promptly deleted the account so I wouldn’t have to see it anymore.
The owner of a New York City supermarket chain predicted the food prices will increase sharply in the coming months, with some increasing 10 percent in the next two months.
John Catsimatidis, the billionaire supermarket owner of Gristedes and D’Agostino Foods, warned that food giants such as Nabisco, PepsiCo, and Coca-Cola will prioritize raising prices on products.
“I see over 10 percent [price increase] in the next 60 days,” he said in an interview with Fox Business on Monday, adding that the trend will not drop “anytime soon.” Catsimatidis cited rising inflation and supply chain bottlenecks that are currently plaguing supermarkets and other retailers around the United States.
Catsimatidis then cautioned: “I see food prices going up tremendously” because food company CEOs “want to be ahead of the curve and the way they’re doing it is they’re dropping all promotions. They are dropping low-moving items.”