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Metabook
- ampgt 5y agoI’m doubling down on FB stock. See all you haters in 10 years :)
- ushakov 5y agogod, i hope you’re kidding
- imglorp 5y agoSerious question about socially ethical investing. Is one truly making a statement and helping Evilcorp by buying stock? Or is it more of a zero sum game where it's going to the market price with or without you; might as well make more money there and use the winnings somewhere more socially responsible?
- mvid 5y agoYes, buying (and in turning raising the price of) stock does help the corporation
- yreg 5y agoSpecifically it lets them dillute and raise money at higher valuation, it makes the board happy with the current management and it lets them distribute employee shares at lower costs.
- einpoklum 5y ago> Is one truly making a statement and helping Evilcorp by buying stock? That's not the point. The point is that when you buy EvilCorp stock, you: 1. Are part of the owners of EvilCorp, i.e. participate in decision-making in EvilCorp (at least in theory), so you are taking partial responsibility for its actions. 2. More importantly, you are providing EvilCorp with more funds to do its evil work. The above is completely irrespective of stock prices.
- philjohn 5y agoNot if you're buying stock on the open market - only in the IPO, or in additional sale rounds, are you providing funds for a company to scale out their operations.
- rsj_hn 5y agoThat goes back to the issue of how long the market can stay irrational. Maybe a very long time. Maybe not long at all. So you risk giving a windfall to the contrarian investor but maybe no contrarian investor will arrive. I'm pretty sure that China, Japan, Brazil, South Korea and the rest of the foreign sector will be gobbling up stocks willy nilly -- the foreign sector owns 40% of US corp equity and debt, and that number is increasing by about 7% every decade -- so I am a bit skeptical that Exxon needs you to buy their stock, or really any Americans at all - but I wont bet money it wont work in any specific case. If I were to pick a stock most susceptible to price manipulation, I'd go for a smallish company that's more vulnerable.
- cunidev 5y agoSince when does stock value reflect the ethical concerns about a company? In any case, best wishes.
- abacadaba 5y agoMy current investment plan is to pour money into whatever I see getting hated on the most.
- cunidev 5y agoI am happy if that makes more sense to you than to me
- alex_smart 5y agoWhile that is funny, there is power in irrational hatred of the masses.
- Cthulhu_ 5y agoJust because I hate it doesn't mean I can't profit off of it.
- yladiz 5y agoHi from AOL in 2001!
- ampgt 5y agoWhy don’t you buy some of those 2 year puts?
- rvz 5y agoAs painfully admitted, you are not wrong. MVRS stock is actually a great buy right now.
- MandieD 5y agoSince my purchases of shares appear to have driven down the prices of XOM and T, I volunteer as tribute ;) I will either make the world a better place, or make a (in)decent amount of money.
- arketyp 5y ago>We don't need to keep living inside screens — especially ones controlled by Mark. We don't need to accept Facebook's domination of the digital world. Right! No body is forcing you. Ironically, these kinds of anxious reactions are symptoms of the very same pathological gregariousness that is the problem with social media in the first place.
- cunidev 5y ago> Right! No body is forcing you Kind of. Workplaces, schools, academic environments definitely force the usage of some tool over another, or spending more or less time on screens. I am thankful that my new university uses BigBlueButton and hybrid teaching, since I spent the past two years on Microsoft Teams.
- arketyp 5y agoI see. So you were forced but found an alternative. That's great to hear.
- yodsanklai 5y ago> Workplaces, schools, academic environments definitely force the usage of some tool over another, or spending more or less time on screens. But who's to blame? I have the feeling that people are blaming the wrong people. Corporations are amoral entities whose mission is to maximize profit. If this doesn't bring social value or has obvious negative externalities, we should blame the politicians who set the rules, and vote for someone else.
- forgotmypw17 5y agohttps://archive.md/WtGL1 https://archive.md/WtGL1 Is it part of the joke that this page is empty without JS and contains dozens of fingerprinted resources, many of them from Facebook's CDN? Edit: BTW, mbasic.facebook.com is one of the most accessible and compatible sites out of all the big leagues.
- jarcane 5y ago> Start a site on Neocities, share photos on Pixelfed, or write your thoughts on Write.as — to name a few. This would be a more convincing pitch if it didn't end with "now just use different centralized services that nobody uses". We need protocols, not platform capitalism. We need easy self-hosting, not reliance on third-party middle men and rent-seekers. I should be able to click an app on my computer and have my own web page running in seconds, that anyone can find and follow. The fact we don't is how platforms like Facebook are able to dominate, and the even worse fact is this was deliberate.
- imglorp 5y agoPixelfed and Mastodon are listed, and they are both ActivityPub.
- Cthulhu_ 5y ago> I should be able to click an app on my computer and have my own web page running in seconds, that anyone can find and follow. There's literally thousands if not tens of thousands of hosting providers and software packages that offer just that. I can get some hosting with DirectAdmin to install e.g. Wordpress on it within minutes. Following is through RSS feeds. Finding is down to Google, which in turn is down to you, the author, writing good stuff.
- the_other 5y ago> There's literally thousands if not tens of thousands of hosting providers and software packages that offer just that. But most of them are incredibly confusing and off-putting to the majority of people FB attracts. Most contemporary net citizens don't have a functional mental client-server model such that they would even know they need a thing called hosting, let alone choose a service. And there's no tools that integrate a content feed, personal publishing, threaded comment and events/calenders in a coherent, secure, easy to use way. Most people barely understand that some code runs "in" their browser and some "on a server", or the relationship between the two. It can't be taught in a few minutes (it takes most of us here years to grok the subtleties and there's infinite edge cases). To really get the whole FB experience, we also need "group-ware" (shared photos, tagging, shared calendar, private chat) with single-click installation, configuration and built-in templated branding. You're right that all these tools exist, but they're fragmented and take time and knowledge to understand, use and integrate. And most of them are not interoperable. > Following is through RSS feeds. RSS is great in principle but all the tools that consume it suck: comment RSS feeds are treated at the same level as content, rather than "of" the content they refer to; most site still use RSS rather than ATOM, so you only get a summary of content; most readers keep you in-app rather than linking to full browsers, so you're trapped in webviews and inflexible, under-featured tools. Yes, it's all "out there" but none of it matches the speed and comfort of FB. (coming from someone who no longer has an FB account)
- nabla9 5y agoOf all big tech companies Fb is - the least innovative, - has the worst corporate governance, - purest advertising company, - The CEO is not good but has dominant share of votes. Facebook is relevant only because they spend their way out of trouble and buy competition. The US and EU regulators are going to remove that tactics. Good luck getting EU approval for any new Whatsapp, Instagram acquisition. There is no clear avenue for them to stop doing the negative things they do, but they are not even trying. They just treat it as PR problem.
- throwaway744678 5y agoIs the EU allowed to have a say when a US company buys another US company?
- yodsanklai 5y ago> The CEO is not good According to what? FB has had a tremendous growth.
- nabla9 5y agoNetwork externality in social networks creates a situation where success is almost automatic once you cross certain threshold. FB did the initial growth well, then it has been mostly coasting and buying and shutting down competition using their market power.
- annadane 5y agoAccording to every ethical standard there is. Zuckerberg bullied the Instagram and Whatsapp founders out of the company and now even Carmack is openly going against this ridiculous Metaverse idea
- heinrichhartman 5y agoThe polish is so nice, that I could not tell if this is parody or not. Well Done!
- Smithalicious 5y agoThis undifferentiated torrent of anger is diluting the message. I am not naive so I also expect the zuckerverse to be a laughingstock at best and very sinister at worst, but let them actually build it first. By being so critical before it even exist you are only sending the message "we will hate it irrespective of what it actually is because we hold a grudge". Furthermore I think the "metaberg is a nefarious spy" messaging should be separated from the "living in VR is toxic even in concept" messaging, because I believe the former but explicitly not the latter, and I want to be able to be critical about the implementation of this while still being excited about the concept (and hoping it can be implemented humanely on top of open protocols)
- mathnmusic 5y agoThe question is simple: Are they building it with end-to-end encryption? If not, it deserves all the criticism. Security/privacy has to be part of the design and cannot be bolted on post-facto.
- mithusingh32 5y agoI think Zuckerverse has shown that privacy doesn't exist in it. They could implement e2e but it'll be implemented in a way to so they can still sell away your privacy.
- MikusR 5y agoWe don't know. Note that the whistleblowers that are in the news currently are against e2e encryption.
- throwawayswede 5y agoThe one thing that's more annoying than Facebook are the whistleblowers of Facebook (like that frances haugen character, which I'm fairly certain is a spook). Such a cheap and condescending group of people who think they know more than the rest.
- gzer0 5y ago
- josephwegner 5y agoFunny story about my Metaverse experience... I assume this will be an unusual opinion, but I'm actually very excited about Metaverse. I probably would not have chosen Facebook as the stewards of the first big VR-world, but I've been waiting a long time for some big co to make an investment in this direction. I think a (little m) metaverse is the obvious evolution for VR and could become ubiquitous. I left Facebook about 3 years ago, around Cambridge Analytica time. It's bee annoying - very hard to plan events, chat with family, etc. - but I've felt strongly enough that the privacy cost wasn't worth the value. When I heard about Facebook leaning hard into Metaverse, I immediately ordered an Oculus and signed up for a Facebook account (which is required to use Oculus). The value of being early in potentially the first big metaverse is well worth the privacy cost. Surprisingly, as soon as I created my account, the account was locked for "not following community standards". I hadn't even seen the feed yet, and I was banned! I appealed the ban, and no dice - now it's permanent. So now I am permanently locked out of Metaverse, presumably for the crime of not being a long-standing Facebook fan. When I imagine a world where a metaverse is a core piece of society, this sort of corporate gatekeeping is _exactly_ the thing I'd worry about.
- tmikaeld 5y agoIf you registered with a fictional name and not your real name, that will get you banned. And also if you use a picture of a pet or cartoon avatar..
- notRobot 5y ago"You HAVE TO give us ALL your data, just some of it won't suffice!"
- boudin 5y agoThat's a good starting point to create a virtual universe where you can create an avatar of yourself.
- josephwegner 5y agoIt was my real name, real email. But I never even got to the point of uploading a picture. I did use a real picture for the appeal!
- trey-jones 5y agoThe fyi gTLD is underutilized, in my opinion. Full Disclosure: I have one.
- Invictus0 5y agoTwo minutes hate, for techies
- brabel 5y agoWTF the link to the "meta" keynote presentation by Zuckerberg requires me to login to their website!? Anyone has a link that doesn't require me to login? EDIT: found it on YT: https://www.youtube.com/watch?v=XOn2CZWnxxY https://www.youtube.com/watch?v=XOn2CZWnxxY
- rvz 5y ago* First everyone ignores Meta Inc. * Then everyone laughs at Meta Inc. <==== We are here. * Then everyone fights Meta Inc. * Then Meta Inc. wins (again) Judging from the comments, since it is hard for everyone to ignore Meta Inc and also looking at the emotional reaction to Meta's drive to build the metaverse with other metaverse-related companies, is history going to repeat itself with Facebook Inc. winning once again, but under a different name with the same CEO?
- fsflover 5y agoI wish this website did not recommend another walled garden, Signal, and recommended Matrix instead. That would be in line with other recommendations of federated platforms.
- brodokk 5y agoFunny that in the alternative section they dont talk about VR alternatives, who is what facebook (or meta if you prefer) is going for... About metaverse i often see people here talk about vrc (vrchat) here but there also some open-source like the fork of High Fidelity (Vircadia) that who are more near of what facebook is doing. But there is not much community on it last time i checked, i need to check it again tho. Today iv stop and move around NeosVR who is already proposing many thing that facebook whant to do and yes i know its not open source. Also i didnt do much research on open-source VR alternative so if you know some more i will happy to know them.
- smsm42 5y agoI'm gonna build my own universe, with censorship and trackers!
- database_lost 5y agoI posted the link on facebook and it got flagged as spam and removed..