3 ms·
I know it’s because of profitability but it still blows my mind that Meta, which has pretty much single-handedly damaged the global psyche, is valued at almost
by siquick 3y ago
I know it’s because of profitability but it still blows my mind that Meta, which has pretty much single-handedly damaged the global psyche, is valued at almost 6x a company that launches rockets into space.
- extraduder_ire 3y agoNot just that, more rockets and mass to space than most spacefaring countries. With more every year.
- zenmaster10665 3y agoCome on. Damaged global psyche? Seems a bit hyperbolic and unsupported by evidence. The addressable market of rockets is considerably smaller than the addressable market selling ads... So there you go.
- piaste 3y agoAny web search for 'social media mental health study' will provide as much evidence as one could possibly expect for that statement.
- bratbag 3y agoThere is a growing body of evidence that high levels of engagement with social media is linked with an increase in risks for multiple types of psychological ailments. Singling out Facebook is a tad unfair and causality still needs proving, but I don't think it can be called either hyperbolic or unsupported.
- matthewdgreen 3y agoAt this moment, the company that launches rockets into space is planning to gain the majority of its income by providing high-speed Internet access… so customers can access communications services like Meta.
- up2isomorphism 3y agoIt is not that mind blowing if we are talking about “evaluation” How many people care launching a satellite tomorrow more than chatting with a girl/man on Facebook? I think it is quite obvious.