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I worked at Facebook in 2021, and NFTs were like a honeypot for the most useless managers. If I were Zuck, I might start another crypto project next year and a

by pavlov 4y ago

I worked at Facebook in 2021, and NFTs were like a honeypot for the most useless managers. If I were Zuck, I might start another crypto project next year and ask for volunteers because it seems like a pretty good way to extract the worst performers into a neat org chart box that can be shut down without breaking anything else.

dsco 4y ago
This could be a symptom of Facebook and not software as a whole. I mean, you could say the same thing about what’s happening in AI and large corporations. Same for IoT etc.
- pornel 4y ago
  No, you couldn't, because the other things have useful applications, and can possibly work.
  - dsco 4y ago
    You could use blockchain based transactions to reduce overhead and complexity. Here’s JPM doing it https://cointelegraph.com/news/jp-morgan-executes-first-defi-trade-on-public-blockchain/amp https://cointelegraph.com/news/jp-morgan-executes-first-defi... Have you ever tried steelmanning your arguments?
deleted 4y ago
[deleted]
patatino 4y ago
Or with metaverse, only idiots would work on that.
- threeseed 4y ago
  John Carmack is hardly an idiot.
  - Sammi 4y ago
    John Carmack publicly criticized the intentional pursuit of "the metaverse" at Meta while he was employed at Meta. "I have been pretty actively arguing against every single metaverse effort that we have tried to spin up internally in the company from even pre-acquisition times." https://tech.slashdot.org/story/21/10/29/2144232/john-carmack-issues-some-words-of-warning-for-meta-and-its-metaverse-plans#:~:text=Today%2C%20Carmack%20said%2C%20%22The%20most%20obvious%20path%20to,get%20to%20that%20level%20of%20taking%20over%20everything.%22 https://tech.slashdot.org/story/21/10/29/2144232/john-carmac...
qudat 4y ago
I'm sure this is a great strat that companies already use. - Recruit people to a new project that has a selection bias towards under-performers (or some other characteristic you want to weed-out) - Let the project rot for a quarter - Cut the project and all its teammates
- umeshunni 4y ago
  > Recruit people to a new project that has a selection bias towards under-performers (or some other characteristic you want to weed-out) More than under-performers, I think these kind of projects tend to attract those with shiny object syndrome or political ambitions.
GaryNumanVevo 4y ago
Anecdotally, as someone trying to hire, the vast majority of candidates with Web3/NFT or whatever on their resume can't pass our phone screen. It's a pretty good selector for finding better talent.

by pavlov 4y ago

dsco 4y ago

This could be a symptom of Facebook and not software as a whole. I mean, you could say the same thing about what’s happening in AI and large corporations. Same for IoT etc.

pornel 4y ago
No, you couldn't, because the other things have useful applications, and can possibly work.
- dsco 4y ago
  You could use blockchain based transactions to reduce overhead and complexity. Here’s JPM doing it https://cointelegraph.com/news/jp-morgan-executes-first-defi-trade-on-public-blockchain/amp https://cointelegraph.com/news/jp-morgan-executes-first-defi... Have you ever tried steelmanning your arguments?

deleted 4y ago

[deleted]

patatino 4y ago

Or with metaverse, only idiots would work on that.

threeseed 4y ago
John Carmack is hardly an idiot.
- Sammi 4y ago
  John Carmack publicly criticized the intentional pursuit of "the metaverse" at Meta while he was employed at Meta. "I have been pretty actively arguing against every single metaverse effort that we have tried to spin up internally in the company from even pre-acquisition times." https://tech.slashdot.org/story/21/10/29/2144232/john-carmack-issues-some-words-of-warning-for-meta-and-its-metaverse-plans#:~:text=Today%2C%20Carmack%20said%2C%20%22The%20most%20obvious%20path%20to,get%20to%20that%20level%20of%20taking%20over%20everything.%22 https://tech.slashdot.org/story/21/10/29/2144232/john-carmac...

qudat 4y ago

I'm sure this is a great strat that companies already use. - Recruit people to a new project that has a selection bias towards under-performers (or some other characteristic you want to weed-out) - Let the project rot for a quarter - Cut the project and all its teammates

umeshunni 4y ago
> Recruit people to a new project that has a selection bias towards under-performers (or some other characteristic you want to weed-out) More than under-performers, I think these kind of projects tend to attract those with shiny object syndrome or political ambitions.

GaryNumanVevo 4y ago

Anecdotally, as someone trying to hire, the vast majority of candidates with Web3/NFT or whatever on their resume can't pass our phone screen. It's a pretty good selector for finding better talent.