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Last time facebook was doomed they managed to set an all time stock price high by getting their shit together. Google has been public for 9 years now, facebook

Last time facebook was doomed they managed to set an all time stock price high by getting their shit together. Google has been public for 9 years now, facebook is just over a year. To call them doomed because they seem intently focused on controlling their rollercoaster stock price seems a little short sighted. At least give them the chance to get their house in order before lambasting them for not spending enough money on trying to make people live forever.

iamshs 13y ago
Every tech company is doomed, except Google.
joering2 13y ago
> Google has been public for 9 years now, facebook is just over a year. Google business model hasn't changed from the day when they figured the masses will pay for clicks (circa 10 years ago). Facebook, on the other hand, continues to struggle and fail to figure out any meaningful way of making money (facebook credits??), other than selling users info (mostly indirectly) to those with fat wallets who scam masses with fat burner pills and muscle gainers from deep wild amazonian river. And this will continue to piss people off (or in other word, won't bring much value to end-user). When most connections between lost moms and sons, friends and families, ex-co-workers and crushes from high school had been already re-connected, Facebook stops bringing any extra value. Just exactly how many times you spoke with your old crush before you realized she is fat now, got plenty kids and live on the other continent. Your connection with said lead will fade away and disappear at some point, just like you naturally had a damn good reason to lost a track with her at the first place, before Lee (and Gore) invented the internet. The same token just like today, you woke up 5 years ago, and with God's help you will wake up in next five and go to Google (or your SE of choice) and type a new search for something new you want, you need or you are interested of. Regardless of AI progress this will not change much in next X or XX years.

iamshs 13y ago

Every tech company is doomed, except Google.

joering2 13y ago

> Google has been public for 9 years now, facebook is just over a year. Google business model hasn't changed from the day when they figured the masses will pay for clicks (circa 10 years ago). Facebook, on the other hand, continues to struggle and fail to figure out any meaningful way of making money (facebook credits??), other than selling users info (mostly indirectly) to those with fat wallets who scam masses with fat burner pills and muscle gainers from deep wild amazonian river. And this will continue to piss people off (or in other word, won't bring much value to end-user). When most connections between lost moms and sons, friends and families, ex-co-workers and crushes from high school had been already re-connected, Facebook stops bringing any extra value. Just exactly how many times you spoke with your old crush before you realized she is fat now, got plenty kids and live on the other continent. Your connection with said lead will fade away and disappear at some point, just like you naturally had a damn good reason to lost a track with her at the first place, before Lee (and Gore) invented the internet. The same token just like today, you woke up 5 years ago, and with God's help you will wake up in next five and go to Google (or your SE of choice) and type a new search for something new you want, you need or you are interested of. Regardless of AI progress this will not change much in next X or XX years.