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I mean, if you don't have a stock position, why parrot the same tired narrative? It's not adding any insight and it's not like their stock never had downswing b
by lhorie 5y ago
I mean, if you don't have a stock position, why parrot the same tired narrative? It's not adding any insight and it's not like their stock never had downswing before.
At one point the crowd here was like oh fb ipo so embarrassing, to oh fb eng so hot much react, to oh fb so evil now, crash and burn pls. Such fickleness. Surely we can do better than that.
- zepto 5y agoFacebook is a machine that makes people parrot tired narratives that are devoid of insight.
- aierou 5y agoApparently so is HN
- ohashi 5y agoSo do you work for facebook or is your only purpose on HN to try to defend the company?
- zepto 5y agoTheir purpose is to defend the company against humorous comments.
- aierou 5y agoI am interested in the virtual reality space, and started posting because I was frustrated by the spread of misinformation/propaganda. Ironically, there is a lot of misinformation about Facebook. I'm sure my contributions are mostly meaningless, but it has at least been interesting to follow discussions.
- zepto 5y agoReally? What do you think of as misinformation about Facebook?
- aierou 5y agoHow about we start with the claim from the recent leaks that they cause depression or body image issues? The leaked document in question [1] should be considered for further research, but it is hardly evidence of this claim. There is also a popular claim that Facebook contributed to genocide. Here's an article [2]. Facebook hired an investigator that concluded that their involvement was without their knowledge. Tragic and reckless, sure. Intentional? I doubt it. I think it's an issue of scale and navigating complex regulatory and social structures. Shadow profiles are another hot topic. The big issue is that, if you agreed to let Facebook read your contacts, it linked your friends phone numbers to distinct 'profiles' in the background. Presumably these could also be tied to their advertising profiles. Cambridge Analytica was a company that abused a bug in API access (allegedly unbeknownst to Facebook - this exploit was available to all 3rd party apps) to collect information not only about willing participants, but their friends as well. As for VR, there are numerous claims and hesitancy about privacy abuse through tracking and sensing technologies that are essential to VR development. I appreciate some hesitancy, but it is a bit sensationalized. Beyond all of this, there are lots of claims of monopoly abuse. There is actually an FTC lawsuit that could lead to a landmark antritust case, but that is yet to be seen. I don't really think they have a monopoly as there are numerous competitors. I apologize as I don't have links for everything, but that's an overview of my thoughts. I think Facebook is simply navigating the regulatory and social landscape in a way that any novel company or platform would be required to navigate. I think we often forget that this technology is new and will experience growing pains, even if at such massive scale. I think a lot of the blame for the fraying of U.S. democracy, the decline in mental health, and other social issues are incorrectly attributed to things that have brought change in the past few decades. More realistically, I think the U.S. (where most of the claims are relevant) is simply declining after several hundred years of abusive reign as the world's superpower. [1]: https://about.fb.com/wp-content/uploads/2021/09/Instagram-Teen-Annotated-Research-Deck-1.pdf https://about.fb.com/wp-content/uploads/2021/09/Instagram-Te... [2]: https://www.nytimes.com/2018/11/06/technology/myanmar-facebook.html https://www.nytimes.com/2018/11/06/technology/myanmar-facebo...
- noslenwerdna 5y agoWhat an insightful comment!