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I think he’ll be looked back as one hit wonder, lacking any ethics to grow his company. He pumped a whole bunch of money in VR that didn’t seem to go anywhere a
by galoisscobi 1y ago
I think he’ll be looked back as one hit wonder, lacking any ethics to grow his company. He pumped a whole bunch of money in VR that didn’t seem to go anywhere and now AI seems like a fine direction to go in, copying the herd, with dangerous disregard to ethics.
- atonse 1y agoAgree with you about ethics but it was a master stroke for him to buy both Instagram and WhatsApp.
- herbturbo 1y agoHe was just buying users of popular products in lieu of attracting new ones to his own. Meta has subsequently ruined IG and seems busy working up new ways to ruin WhatsApp.
- atonse 1y agoSure but seeing where his users were going and buying those companies at what are now very low prices (especially instagram) were a big deal. Not so much with Oculus though. The whole metaverse thing ended up being very cringe.
- nemothekid 1y ago>I think he’ll be looked back as one hit wonder, lacking any ethics to grow his company. I can't take this seriously - it reeks of hindsight bias. Zuckerberg's "one hit" was thefacebook.com. After facebook.com went public he, seemingly immediately, decided to buy Instagram and go all in on mobile. At the time, people thought he had way too much power due to the stock structure and many people thought his bet on mobile would come crashing down. We can see, in hindsight, that it was a prescient move - one that many others missed, or were late to. (e.g. Google and Microsoft). I don't think there is a single founder/CEO in the 21st century that is performing better than Zuckerberg. I understand he's not a likable guy, and neither are are his products. The only facebook product I use is arguably React - I've deactivated my facebook long ago, and I no longer have instagram. I don't even have Whatsapp. But if you look at the metrics they aren't deniable. Facebook figured out how to print money in social media while every other social media company struggles to have a quarter of the profitability. A lot of people point to "he just bought Instagram", without seriously interrogating the fact that many apps have been bought and squandered.
- bdangubic 1y ago> I don't think there is a single founder/CEO in the 21st century that is performing better than Zuckerberg. This is true but similar to saying Adolf Hitler was one of the greatest Commanders in Chief
- SamvitJ 1y ago"I don't think there is a single founder/CEO in the 21st century that is performing better than Zuckerberg. I understand he's not a likable guy, and neither are are his products." Spot on.
- jjulius 1y agoRight? "How Zuckerberg will be looked back on" involves far more than just business/fiscal metrics, especially when "he's not a likable guy, and neither are his products". He may be hailed as a significant success as a CEO, but there's also the impact to individual privacy, the emphasis to get users addicted in an effort to maximize "engagement", the impact that social media (of which it's being argued here that he is king) on youth/society and political discourse writ large, the brutal impact to our attention spans, so on and so forth. If I'm a magic eight ball, I'm going to go with "Outlook not good" on how history's going to view him. Being a CEO that is "performing better" than all the others is but a single piece of the puzzle.
- amanaplanacanal 1y agoWell... In the early 1940s you could say that Hitler was the European leader that was performing better than all the others. But still, things took a turn.
- tejohnso 1y agoThe best performing founder / ceo in the 21st century is someone who is unlikable and promotes / develops unlikable products. That seems impossible. What does that say about us? I'm going to go out on a limb and guess that most of the products being promoted are actually highly treasured by a large number of people.
- simplemts 1y ago100% agree, so many flops right at the top VR/AR Threads AI Probably missing some more..
- swader999 1y agoThe crypto, Libra/diem was another.
- ojosilva 1y agoI'd say he's got lucky in the being evil game too, because ethically speaking whatever he does in social and AI is largely overshadowed by Elon Musk's X and Grok.
- deleted 1y ago[deleted]
- Nevermark 1y agoLet's not forget the crypto currency project he floated around. And all the copycat divisions that melted away once the "template" companies he was copying, were bought out.