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Warning: Incoming Hot Take... Facebook is probably one of the single most hated companies in tech at the moment and it seems unlikely that is going to change a
by mhoad 6y ago
Warning: Incoming Hot Take...
Facebook is probably one of the single most hated companies in tech at the moment and it seems unlikely that is going to change anytime soon. I can't even remember the last time I heard someone mention that they actively enjoyed the product.
They are looking down the barrel at multiple major legal issues in the coming years and they are built entirely on a model that is fundamentally about selling personal data to advertisers without any other significant sources of income.
The main thing that is slowing down their decline (other than a lack of viable alternatives) is that they are basically able to hold peoples real life friendships / relationships hostage at the moment. Initiatives like https://datatransferproject.dev/ https://datatransferproject.dev/ (of which FB is a member) have the potential to change that.
I could see a social network protocol emerging and that offered a number of different clients of which Facebook could be one.
Unfortunately, the closest thing we ever came to this was ActivityPub which well, let's say is a bit lacking both in adoption but also in it's vision but I think it's entirely possible that something like that could actually find some traction in the next few years.
- decafninja 6y agoSeems like the original FB product is an undead zombie trudging onwards from momentum and social networking late adopters. But as far as I can tell, Instagram is still going extremely, extremely, strong amongst people in their 20s to 40s at least. I would go as far as to say Instagram is the product that "killed" Facebook. I've heard the teens to early 20s crowd are abandoning Instagram for things like TikTok or Snap, but can't comment directly.
- keiferski 6y agoI agree with most of this, but: Microsoft was hated 10x as much in the 90s and they're doing just fine today. MS's business model is much more stable, to be sure, but it's not like a $70 billion-per year company is easy to unseat.