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Meta has a lot of overpaid employees for what is basically an image posting and message board app. Im extremely bullish on AI reducing expenses at Meta as an in
by voidfunc 5mo ago
Meta has a lot of overpaid employees for what is basically an image posting and message board app. Im extremely bullish on AI reducing expenses at Meta as an investor with little harm to the business.
- malfist 5mo agoYeah! One of the most profitable companies in the world is just a message board and image host! I could build that in a weekend
- sometimelurker 5mo agoMeta is only network effects. You could build that in a weekend, and so could I. or you could just fork Mastodon. What keeps people from leaving is that their friends are still on it: network effects
- lotsofpulp 5mo agoI feel like making a system capable of delivering the amount of data that WhatsApp/instagram deliver to billions of people worldwide would take more than a weekend.
- amazingamazing 5mo agoIf you have unlimited money to throw on infra it really is not difficult. You could literally implement the entire thing with S3 and Firebase.
- deleted 5mo ago[deleted]
- wwweston 5mo agoThe curious thing about that is the transformation of the feed — it’s long since stopped being majority friend/follow posts and clearly is the algorithm picking whatever else it can come up with that will engage. This should mean personal network effects aren’t the moat anymore, for FB anyway.
- sometimelurker 5mo agopeople still send reels to each other. that's not a lot of connection but its addictive so they don't mind.
- mcmcmc 5mo agoIf people had to pay for it, most wouldn’t
- CuriouslyC 5mo agoThat's what it is to the end user. All the magic of Meta is in the dark surveillance and targeting, which is invisible to users.
- wartywhoa23 5mo ago> image posting and message board app. Such a nice euphemism for data grabbing / social graph building / spying / AI training machine!