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> ... an abandonment of social media altogether, which is an unrealistic expectation. Really? My parents and siblings, and many friends, tried it, decided it
by username223 9y ago
> ... an abandonment of social media altogether, which is an unrealistic expectation.
Really? My parents and siblings, and many friends, tried it, decided it wasn't all that interesting, and left. That's anecdata, but it spans several demographics. People were fine before "social media," so they can probably muddle through without it.
> Facebook can do many things to begin diversifying its revenue stream...
This is where things get scary. Facebook is a surveillance company, and when they can't make money with ads, they will make money in more nefarious ways.
> current stock price of $159.09
Make that $152.22. They're still searching for the bottom.
- Invictus0 9y agoFacebook has over two billion users; it's network effects are insane. If you want to trade anecdotes, I have a chrome extension that allows me to track which Facebook friends are deleting their accounts, and exactly none have deleted their accounts since this whole thing started (500 friends from around the world, mostly university students).
- username223 9y agoBy "left," I don't mean "deleted their accounts in response to recent news," or even "disabled their accounts." I'm sure they still have accounts, but they never use them because they see no point in doing so. I probably still have an Orkut account, as do many thousands of people, but that doesn't really matter for Google's profits. How many of your "friends" regularly use the thing?
- feelin_googley 9y agoBut isnt it true that even for persons who have FB accounts but never use them, because of the presence of "Like buttons" or similar beacons, FB is still setting cookies and tracking those users, as well as non-members, as they navigate the rest of the web. This assumes that those persons are 1. using browsers that automatically load images, even ones that serve them no purpose and exist only to feed data back to FB and other third parties and 2. taking no steps to prevent their computers from accessing these Facebook domains.