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Why bother serving pages when the ad money ends? Facebook runs on one simple principle: "What's Good for Zuck is Good for Zuck." More yacht-feet. More... act

by Syonyk 5y ago

Why bother serving pages when the ad money ends? Facebook runs on one simple principle: "What's Good for Zuck is Good for Zuck." More yacht-feet. More... actually, I've no idea what he actually cares about, beyond more ZuckBucks. Everything else is secondary to, and subservient to that. Big conspiracy? "We are so, so sorry that you caught us doing that, because if you think we're evil, you might view fewer ads by spending less time engaged in the site. We promise to tell you that we're going to do the work to learn how to get caught less often doing that thing you found us doing." Facebook isn't your friend. They're not your companion in your quest to... whatever. They are purely interested in how much money you can bring them, either directly through ad spend, or indirectly through being super engaging such that other people spend more time on Facebook viewing ads. Anything else you think of them is simply wrong.

3gg 5y ago
Simple truths. If we just took for-profit corporations for what they are, things would be easier to comprehend. As far as I understand it, Facebook is a private, not public, space, and they can technically delete anything they want on their own platform. The big mistake is for us to pretend that they are a public space and that they owe us some kind of fairness and equal treatment. Why do we expect this? The sole reason for their existence is profit, they owe us nothing. Rather than taking the platform for granted as the new norm of social and political life, I think we would all be better off destroying it and creating a true, public cyberspace in its place. Facebook does not need to be fixed, it just needs to be destroyed.
- legulere 5y ago
  It’s not that simple, behind the company are people. While earning money might be probably the biggest goal there are a lot of other goals by the people working there. Workers act on their beliefs up to a certain point (because they have a lot of discretion about things that don’t hurt the bottom line), managers often want to feel in power, Mark Zuckerberg wants to be like a roman emperor.
  - jand 5y ago
    > It’s not that simple, behind the company are people. I get your sentiment, really. But where is the tipping point? When does it become the responsibility of an employee to quit? Which atrocity has to be committed after which i cannot claim personal innocence as an employee? (in a general sense, not only facebook)
    - sebmellen 5y ago
      The sliding scale goes from minor concerns about freedom of speech to the gas chambers. I don’t say this to exaggerate — I really think that’s how things spun out of control in Germany. There’s a somewhat terrifying book on said topic: Ordinary Men: Reserve Police Battalion 101 and the Final Solution in Poland. A book review reads: “[this is] a shocking account of how a unit of average middle-aged Germans became the cold-blooded murderers of tens of thousands of Jews”. The real lesson of the book is that each and any of us could be these ordinary men. So I’m not sure there really is a tipping point. Maybe we can invent one in retrospect, but as the slow-motion train wreck happens, it’s hard to find any one point where things really go awry. It’s an integrated process. It’s possible to pass the the buck back forever. The root cause of WW1 is that a group of primitive apes became intelligent and migrated through and out of Africa. The only thing we can hope to do is fix things as they stand now. We’re probably far past the tipping point already, what with all the damage social media has caused our society.
- deleted 5y ago
  [deleted]
- stadium 5y ago
  > I think we would all be better off destroying it and creating a true, public cyberspace in its place. It lives on money and attention. How do you propose cutting off one or both until it can no longer survive?
- whoknowswhat11 5y ago
  Facebook exists to make money. They took your money while you were willing to spend it and showed your ads, and blasted you when you ran out? Sounds like a way to make money. And if you are not paying to use facebook you are the product. Do people not understand this? Facebook IS NOT your friend. Engagement drives clicks, "engagement" comes from trash content / click bait / outrage cycles. Does this sound healthy? No If you are trying to make the world a better place in almost any way - facebook is probably not the healthy partner in this!
  - unishark 5y ago
    I see the same engagement issues everywhere on the internet, including this site where discussions constantly veer off into the same old fights. I realize it's tempting to focus more blame and hate on facebook (I don't like it either, and Zuckerberg especially seems like a first-rate snake). But this idea that they "infect people with mind-viruses", or whatever, is just too reductionist and misses how they actually operate, which is simply "fill a need people have so those people will use the product and you can sell ads". It just happens to be a baser need we'd rather people not go fill. I have read that in the past everyone just drank alcohol constantly to escape, so maybe it's progress. As for this person's specific complaint of hypocrisy or whatever, I don't actually think the imposition of "silicon valley values" or whatever into their operation is at all beneficial to IT companies' finances. I'd place it under the category of hackers, who are abusing/corrupting the automated moderation systems and forcing the company to waste money trying to actually be fair and not alienate half their potential customers, not earn more money by it.
    - specialist 5y ago
      > "fill a need people have so those people will use the product and you can sell ads" What need does Facebook fulfill?
      - unishark 5y ago
        instinctive needs to connect and interact with other people, to gain new experiences/information and be entertained, that kind of things. People will just seek it out elsewhere if not on Facebook.
- seibelj 5y ago
  In America we have a concept known as “the rule of law”. An independent judiciary prevents mob justice from simply seizing wealth from people and private entities. We even prevent the government from doing so (at least theoretically). To see a counter-example, look at China. Their system is completely opaque and politicians can easily stymie even the strongest business entities. The judiciary is not independent but subject to the latest dictator’s whims. If you are reading this and live in a Western country, feel appreciative that simple solutions are not applied quickly to complex problems.
  - Syonyk 5y ago
    > In America we have a concept known as “the rule of law”. We do. And in America, that set of laws includes things like "Thou Shalt Not Buy Up All Thine Competitors Into One Giant Monopoly." Unfortunately, the groups in charge of enforcing those laws have been asleep at the wheel for the last 20 years or so. Were they working, Facebook wouldn't have reasonably been allowed to buy up nearly as many successful competitors as they've been allowed to, and wouldn't have nearly the stranglehold on "social" that they do. Same goes for Google and Amazon as well - I don't pick on Facebook alone here, except for the fact that they're the topic of discussion in this thread.
    - seibelj 5y ago
      > “The FTC’s Complaint says almost nothing concrete on the key question of how much power Facebook actually had, and still has, in a properly defined antitrust product market,” the filing reads. “It is almost as if the agency expects the Court to simply nod to the conventional wisdom that Facebook is a monopolist.” https://www.cnbc.com/2021/06/28/judge-dismisses-ftc-antitrust-complaint-against-facebook.html https://www.cnbc.com/2021/06/28/judge-dismisses-ftc-antitrus... You claim that FB is a monopoly, but the courts made a dispassionate, reasoned analysis and disagreed strongly. This is what an independent judiciary looks like.
      - cinquemb 5y ago
        I agree with the courts, speaking as someone that hasn't used FB in almost a decade (never used IG, might use whatsapp every couple of months) and same with twitter. It's just nonsense to me because people have convinced themselves they can't live without them… addicted to their centralized social media skinner boxes to the degree they are no longer capable of rational thoughts on such subjects.
- strogonoff 5y ago
  The problem of Facebook has nothing to do with it being for-profit. This is an issue specific to companies whose paying customers are not the users of its supposed product—a situation that distorts how the market is supposed to work (behold a whole new level of information asymmetry, famously not good for markets except now it’s the entire premise of a huge business). The belief that free social is the norm is part of it. The promise of the free leaves users at the mercy of the provider serving advertisers. We can’t vote with our money (free!); all our friends are here (free); a competitor who makes its users its paying customers can’t survive against a free offer.
  - sslayer 5y ago
    Monopoly
    - strogonoff 5y ago
      Nope, however bad monopolies are this is not that either really.
  - 3gg 5y ago
    The issues with the "free" paradigm you point out are interesting indeed, and I think I have read some of your points elsewhere. I have also thought that the "free" model -- advertising -- is a creator of bad products, and like you said, it distorts many of the assumptions that make the market work. I had also exaggerated my point on "all for-profits" and "simple" truths. Like I commented below, I do not believe that all for-profits or capitalism are necessarily evil; it's just that the American version of it often makes it look that way.
- the_other 5y ago
  > Simple truths. If we just took for-profit corporations for what they are, things would be easier to comprehend. Context: I strongly dislike Facebook; I left years ago. I'm fairly interested in novel socialist, anarchist and resource-focused models for organisation as necessary improvements over current mixed mode we use in many countries currently (I just don't know any that will "work" at the required scale). I don't think it's _that_ simple. Under capitalism, most systems are for-profit. Even governments and charities operate to raise capital to fund projects, so at the interface with people and most other organisations they have to operate similarly to capitalists (protectionism, hoarding, cost-cutting). Because of this, you can't point to money-making as the only cause of the malpractice, without also implicating the person you're trying to convince.
  - calsy 5y ago
    There are things I don't like about capitalism, can we try this crappier economic model that has the exact same issues of concentrated authority only exaggerated 10 fold. I swear its an improvement, just give me control and I'll show you.
  - 3gg 5y ago
    > Under capitalism, most systems are for-profit. Even governments and charities operate to raise capital to fund projects. I think we're mixing things up here. A non-profit raises funds to run its operations; it does not seek to make profit, it does not have any private ownership of the means of production (the literal meaning of capitalism), and it does not seek to grow its profits YoY, rule out competition to sooth investors, and the usual day-to-day business of for-profits. That it needs money to run does not equate it to actual for-profit corporations in a capitalist society. I agree with your last point though. For-profit corporations are not necessarily evil if they can put ethics before profit; it's just that American Big Tech chooses not to do so. I also applaud your move.
onethought 5y ago
Couldn’t you replace Facebook in your statement with any for profit company? Isn’t that the game we all subscribe to? Or are there virtuous for profit companies?
- 3gg 5y ago
  Some are more ethical than others, so I don't think that generalization holds in practical terms. Corporations that draw their revenue from surveillance, however, are off to a bad start on the spectrum of ethics.
asdfasgasdgasdg 5y ago
To avoid bad experiences and press like this? It's not like it costs a whole lot to host these pages that Facebook is going to make more money by deleting them.
- Syonyk 5y ago
  > To avoid bad experiences and press like this? What bad press? A handful of nerds on some nerd news site, most of which probably don't use Facebook anyway, are whining about how terrible Facebook is. They can point to it in their aggregate "extremist election manipulation content removed" numbers, reasonable or not, and claim they're Doing Something(TM). It doesn't matter if it was extremist, manipulation, or not. If their systems count it that way, it counts. And if it is a really big deal, and upsets enough people, then some humans see it through Twitter, CNN, somewhere, reinstate the pages, claim it was "an algorithm malfunction that they're very sorry about" or something (you've seen the chorus before endlessly), and everyone takes their word and goes on with life. As long as the people addicted to Facebook stay on Facebook, they quite literally can do no wrong. I've attempted to have a conversation with an older relative about it recently, who was banned from Facebook ("for nothing I did!"), created a new account, has found it hard to re-friend people ("They think I'm a hacker or something!"), and yet will not consider the concept that Facebook is more harm than good. "But how will I keep up with my high school friends?" This, from someone who has been out of high school for many, many decades... I can't claim to do the math on their actions, but presumably they can - and as long as nobody cares (and, quite frankly, topping HN still counts as "nobody cares" globally), they'll keep doing that which they're doing.
  - ipaddr 5y ago
    Many people on this site work for facebook.
    - na85 5y ago
      Shame on those people.
    - Syonyk 5y ago
warglebargle 5y ago
say what you want about the tenets of elon musk, but at least it’s an ethos
kumarvvr 5y ago
This is so true. We are living through an era of massive, global, black-box corporations, with ability to directly feed into the brains of its users. The kind dystopian stories talk about. Yet, we struggle to regulate them in archaic laws pertaining to old school monopolies. The Standard Oil of yesterday, is nothing compared to the FB of today. There needs to be a revision of laws and regulatory compliances regarding these companies. And, I really think, they should happen at an international level. I mean, probably a 100 engineers who work on algorithms have control over billions of views and what is shown to whom. A small change in a couple of numbers probably changes how much of "counter-point" articles I see on my feed. That is the definition of monopoly. Not, hurr durr, everyone is free to start a social network. And we all know how Zuck bootlicked Trump when it came to the threat of breaking up facebook.
1MachineElf 5y ago
>Why bother serving pages when the ad money ends? If the point you're making is that Facebook cannot be trusted, then sure, I get it. I dislike Facebook too, but if you've ever used it before, you'd know that pages are independent of ads. All users have an expectation that their pages stay up for no fees whatsoever. Usually that is the case unless they are voluntarily removed or taken down after multiple ToS violations. Under normal operation, the pages stay up.
perl4ever 5y ago
>I've no idea what he actually cares about, beyond more ZuckBucks Do you really believe he cares about money at this point? Regarding another (not quite as) super wealthy CEO: "did he come to the board and say “hey I’ve been doing this for a long time, I’ve had a good run, I’ve accomplished most of what I want to accomplish, I’ve provided well for my family what with my $2.1 billion fortune, and now I’d like to retire and spend more time with them” and the board was like “oh no, we need you to stick around for another decade, would increasing your net worth by 2.4% change your mind” and he was like “oh man I could really use 50 million more dollars, I’ll do it" "...these are people who have moved beyond being motivated by money, who cannot realistically buy any more lifestyle with more money, but it’s still nice to feel loved, and the love language of a public-company board is pretty much always going to be options grants. My model is that the board got together and said “hey Jamie has been doing a great job lately but he looks a little tired, we should do something to cheer him up and let him know that we’re thinking of him,” and one director suggested leaving a Post-It note on his monitor saying “just wanted to say that we appreciate you,” and another director was like “hey that's a great idea but let's also put $50 million under the note” and everyone else was like “oh well of course yes $50 million.” And he walked in to see the filing and was like “oh that was nice of them” and smiled for a minute and got back to work and never thought of the $50 million again, it's just $50 million, who cares." I think maybe people are avoiding seeing that Facebook at this point (or Amazon, etc) are machines whose drive for profit comes from the middle and upper management but only inasmuch as they are cogs in the machine and because it's not centralized in one person is exactly why it's so implacable and ruthless. No business can get huge without being a self-sustaining cycle, almost an artificial organism. Look at Apple. Lots of people thought Jobs was essential, but no, it's literally ten times as valuable now as when he died.

by Syonyk 5y ago

3gg 5y ago

Simple truths. If we just took for-profit corporations for what they are, things would be easier to comprehend. As far as I understand it, Facebook is a private, not public, space, and they can technically delete anything they want on their own platform. The big mistake is for us to pretend that they are a public space and that they owe us some kind of fairness and equal treatment. Why do we expect this? The sole reason for their existence is profit, they owe us nothing. Rather than taking the platform for granted as the new norm of social and political life, I think we would all be better off destroying it and creating a true, public cyberspace in its place. Facebook does not need to be fixed, it just needs to be destroyed.

legulere 5y ago
It’s not that simple, behind the company are people. While earning money might be probably the biggest goal there are a lot of other goals by the people working there. Workers act on their beliefs up to a certain point (because they have a lot of discretion about things that don’t hurt the bottom line), managers often want to feel in power, Mark Zuckerberg wants to be like a roman emperor.
- jand 5y ago
  > It’s not that simple, behind the company are people. I get your sentiment, really. But where is the tipping point? When does it become the responsibility of an employee to quit? Which atrocity has to be committed after which i cannot claim personal innocence as an employee? (in a general sense, not only facebook)
  - sebmellen 5y ago
    The sliding scale goes from minor concerns about freedom of speech to the gas chambers. I don’t say this to exaggerate — I really think that’s how things spun out of control in Germany. There’s a somewhat terrifying book on said topic: Ordinary Men: Reserve Police Battalion 101 and the Final Solution in Poland. A book review reads: “[this is] a shocking account of how a unit of average middle-aged Germans became the cold-blooded murderers of tens of thousands of Jews”. The real lesson of the book is that each and any of us could be these ordinary men. So I’m not sure there really is a tipping point. Maybe we can invent one in retrospect, but as the slow-motion train wreck happens, it’s hard to find any one point where things really go awry. It’s an integrated process. It’s possible to pass the the buck back forever. The root cause of WW1 is that a group of primitive apes became intelligent and migrated through and out of Africa. The only thing we can hope to do is fix things as they stand now. We’re probably far past the tipping point already, what with all the damage social media has caused our society.
deleted 5y ago
[deleted]
stadium 5y ago
> I think we would all be better off destroying it and creating a true, public cyberspace in its place. It lives on money and attention. How do you propose cutting off one or both until it can no longer survive?
whoknowswhat11 5y ago
Facebook exists to make money. They took your money while you were willing to spend it and showed your ads, and blasted you when you ran out? Sounds like a way to make money. And if you are not paying to use facebook you are the product. Do people not understand this? Facebook IS NOT your friend. Engagement drives clicks, "engagement" comes from trash content / click bait / outrage cycles. Does this sound healthy? No If you are trying to make the world a better place in almost any way - facebook is probably not the healthy partner in this!
- unishark 5y ago
  I see the same engagement issues everywhere on the internet, including this site where discussions constantly veer off into the same old fights. I realize it's tempting to focus more blame and hate on facebook (I don't like it either, and Zuckerberg especially seems like a first-rate snake). But this idea that they "infect people with mind-viruses", or whatever, is just too reductionist and misses how they actually operate, which is simply "fill a need people have so those people will use the product and you can sell ads". It just happens to be a baser need we'd rather people not go fill. I have read that in the past everyone just drank alcohol constantly to escape, so maybe it's progress. As for this person's specific complaint of hypocrisy or whatever, I don't actually think the imposition of "silicon valley values" or whatever into their operation is at all beneficial to IT companies' finances. I'd place it under the category of hackers, who are abusing/corrupting the automated moderation systems and forcing the company to waste money trying to actually be fair and not alienate half their potential customers, not earn more money by it.
  - specialist 5y ago
    > "fill a need people have so those people will use the product and you can sell ads" What need does Facebook fulfill?
    - unishark 5y ago
      instinctive needs to connect and interact with other people, to gain new experiences/information and be entertained, that kind of things. People will just seek it out elsewhere if not on Facebook.
seibelj 5y ago
In America we have a concept known as “the rule of law”. An independent judiciary prevents mob justice from simply seizing wealth from people and private entities. We even prevent the government from doing so (at least theoretically). To see a counter-example, look at China. Their system is completely opaque and politicians can easily stymie even the strongest business entities. The judiciary is not independent but subject to the latest dictator’s whims. If you are reading this and live in a Western country, feel appreciative that simple solutions are not applied quickly to complex problems.
- Syonyk 5y ago
  > In America we have a concept known as “the rule of law”. We do. And in America, that set of laws includes things like "Thou Shalt Not Buy Up All Thine Competitors Into One Giant Monopoly." Unfortunately, the groups in charge of enforcing those laws have been asleep at the wheel for the last 20 years or so. Were they working, Facebook wouldn't have reasonably been allowed to buy up nearly as many successful competitors as they've been allowed to, and wouldn't have nearly the stranglehold on "social" that they do. Same goes for Google and Amazon as well - I don't pick on Facebook alone here, except for the fact that they're the topic of discussion in this thread.
  - seibelj 5y ago
    > “The FTC’s Complaint says almost nothing concrete on the key question of how much power Facebook actually had, and still has, in a properly defined antitrust product market,” the filing reads. “It is almost as if the agency expects the Court to simply nod to the conventional wisdom that Facebook is a monopolist.” https://www.cnbc.com/2021/06/28/judge-dismisses-ftc-antitrust-complaint-against-facebook.html https://www.cnbc.com/2021/06/28/judge-dismisses-ftc-antitrus... You claim that FB is a monopoly, but the courts made a dispassionate, reasoned analysis and disagreed strongly. This is what an independent judiciary looks like.
    - cinquemb 5y ago
      I agree with the courts, speaking as someone that hasn't used FB in almost a decade (never used IG, might use whatsapp every couple of months) and same with twitter. It's just nonsense to me because people have convinced themselves they can't live without them… addicted to their centralized social media skinner boxes to the degree they are no longer capable of rational thoughts on such subjects.
strogonoff 5y ago
The problem of Facebook has nothing to do with it being for-profit. This is an issue specific to companies whose paying customers are not the users of its supposed product—a situation that distorts how the market is supposed to work (behold a whole new level of information asymmetry, famously not good for markets except now it’s the entire premise of a huge business). The belief that free social is the norm is part of it. The promise of the free leaves users at the mercy of the provider serving advertisers. We can’t vote with our money (free!); all our friends are here (free); a competitor who makes its users its paying customers can’t survive against a free offer.
- sslayer 5y ago
  Monopoly
  - strogonoff 5y ago
    Nope, however bad monopolies are this is not that either really.
- 3gg 5y ago
  The issues with the "free" paradigm you point out are interesting indeed, and I think I have read some of your points elsewhere. I have also thought that the "free" model -- advertising -- is a creator of bad products, and like you said, it distorts many of the assumptions that make the market work. I had also exaggerated my point on "all for-profits" and "simple" truths. Like I commented below, I do not believe that all for-profits or capitalism are necessarily evil; it's just that the American version of it often makes it look that way.
the_other 5y ago
> Simple truths. If we just took for-profit corporations for what they are, things would be easier to comprehend. Context: I strongly dislike Facebook; I left years ago. I'm fairly interested in novel socialist, anarchist and resource-focused models for organisation as necessary improvements over current mixed mode we use in many countries currently (I just don't know any that will "work" at the required scale). I don't think it's _that_ simple. Under capitalism, most systems are for-profit. Even governments and charities operate to raise capital to fund projects, so at the interface with people and most other organisations they have to operate similarly to capitalists (protectionism, hoarding, cost-cutting). Because of this, you can't point to money-making as the only cause of the malpractice, without also implicating the person you're trying to convince.
- calsy 5y ago
  There are things I don't like about capitalism, can we try this crappier economic model that has the exact same issues of concentrated authority only exaggerated 10 fold. I swear its an improvement, just give me control and I'll show you.
- 3gg 5y ago
  > Under capitalism, most systems are for-profit. Even governments and charities operate to raise capital to fund projects. I think we're mixing things up here. A non-profit raises funds to run its operations; it does not seek to make profit, it does not have any private ownership of the means of production (the literal meaning of capitalism), and it does not seek to grow its profits YoY, rule out competition to sooth investors, and the usual day-to-day business of for-profits. That it needs money to run does not equate it to actual for-profit corporations in a capitalist society. I agree with your last point though. For-profit corporations are not necessarily evil if they can put ethics before profit; it's just that American Big Tech chooses not to do so. I also applaud your move.

onethought 5y ago

Couldn’t you replace Facebook in your statement with any for profit company? Isn’t that the game we all subscribe to? Or are there virtuous for profit companies?

3gg 5y ago
Some are more ethical than others, so I don't think that generalization holds in practical terms. Corporations that draw their revenue from surveillance, however, are off to a bad start on the spectrum of ethics.

asdfasgasdgasdg 5y ago

To avoid bad experiences and press like this? It's not like it costs a whole lot to host these pages that Facebook is going to make more money by deleting them.

Syonyk 5y ago
> To avoid bad experiences and press like this? What bad press? A handful of nerds on some nerd news site, most of which probably don't use Facebook anyway, are whining about how terrible Facebook is. They can point to it in their aggregate "extremist election manipulation content removed" numbers, reasonable or not, and claim they're Doing Something(TM). It doesn't matter if it was extremist, manipulation, or not. If their systems count it that way, it counts. And if it is a really big deal, and upsets enough people, then some humans see it through Twitter, CNN, somewhere, reinstate the pages, claim it was "an algorithm malfunction that they're very sorry about" or something (you've seen the chorus before endlessly), and everyone takes their word and goes on with life. As long as the people addicted to Facebook stay on Facebook, they quite literally can do no wrong. I've attempted to have a conversation with an older relative about it recently, who was banned from Facebook ("for nothing I did!"), created a new account, has found it hard to re-friend people ("They think I'm a hacker or something!"), and yet will not consider the concept that Facebook is more harm than good. "But how will I keep up with my high school friends?" This, from someone who has been out of high school for many, many decades... I can't claim to do the math on their actions, but presumably they can - and as long as nobody cares (and, quite frankly, topping HN still counts as "nobody cares" globally), they'll keep doing that which they're doing.
- ipaddr 5y ago
  Many people on this site work for facebook.
  - na85 5y ago
    Shame on those people.
  - Syonyk 5y ago

warglebargle 5y ago

say what you want about the tenets of elon musk, but at least it’s an ethos

kumarvvr 5y ago

This is so true. We are living through an era of massive, global, black-box corporations, with ability to directly feed into the brains of its users. The kind dystopian stories talk about. Yet, we struggle to regulate them in archaic laws pertaining to old school monopolies. The Standard Oil of yesterday, is nothing compared to the FB of today. There needs to be a revision of laws and regulatory compliances regarding these companies. And, I really think, they should happen at an international level. I mean, probably a 100 engineers who work on algorithms have control over billions of views and what is shown to whom. A small change in a couple of numbers probably changes how much of "counter-point" articles I see on my feed. That is the definition of monopoly. Not, hurr durr, everyone is free to start a social network. And we all know how Zuck bootlicked Trump when it came to the threat of breaking up facebook.

1MachineElf 5y ago

>Why bother serving pages when the ad money ends? If the point you're making is that Facebook cannot be trusted, then sure, I get it. I dislike Facebook too, but if you've ever used it before, you'd know that pages are independent of ads. All users have an expectation that their pages stay up for no fees whatsoever. Usually that is the case unless they are voluntarily removed or taken down after multiple ToS violations. Under normal operation, the pages stay up.

perl4ever 5y ago

>I've no idea what he actually cares about, beyond more ZuckBucks Do you really believe he cares about money at this point? Regarding another (not quite as) super wealthy CEO: "did he come to the board and say “hey I’ve been doing this for a long time, I’ve had a good run, I’ve accomplished most of what I want to accomplish, I’ve provided well for my family what with my $2.1 billion fortune, and now I’d like to retire and spend more time with them” and the board was like “oh no, we need you to stick around for another decade, would increasing your net worth by 2.4% change your mind” and he was like “oh man I could really use 50 million more dollars, I’ll do it" "...these are people who have moved beyond being motivated by money, who cannot realistically buy any more lifestyle with more money, but it’s still nice to feel loved, and the love language of a public-company board is pretty much always going to be options grants. My model is that the board got together and said “hey Jamie has been doing a great job lately but he looks a little tired, we should do something to cheer him up and let him know that we’re thinking of him,” and one director suggested leaving a Post-It note on his monitor saying “just wanted to say that we appreciate you,” and another director was like “hey that's a great idea but let's also put $50 million under the note” and everyone else was like “oh well of course yes $50 million.” And he walked in to see the filing and was like “oh that was nice of them” and smiled for a minute and got back to work and never thought of the $50 million again, it's just $50 million, who cares." I think maybe people are avoiding seeing that Facebook at this point (or Amazon, etc) are machines whose drive for profit comes from the middle and upper management but only inasmuch as they are cogs in the machine and because it's not centralized in one person is exactly why it's so implacable and ruthless. No business can get huge without being a self-sustaining cycle, almost an artificial organism. Look at Apple. Lots of people thought Jobs was essential, but no, it's literally ten times as valuable now as when he died.