Facebook becomes Meta. Good or bad?

Morning All,
This from the local 'comic'.
20211101_112813~2.jpg

The text is alphabet soup to this technosaur so I don't understand a word of it.
To any tech'., heads. Is it a good or bad thing?
It doesn't effect me...I think?, as I don't use social media and only use my 'smart phone(?), for taking photos, getting information/research and using this site.
I use this for calls.
20211101_145924~2.jpg
 

DSJ

LE
The sooner Facebook sinks & disappears, the better it will be for everyone.
 

lert

LE
Whether or not Zuckerberg is right in his conceptual thinking about the Meta offering I don't know, I have my thoughts but probably need to get them straight before committing to writing. What does make sense, though, is the way he and/or his major shareholders are positioning the group in relation to what the rest of GAFA are doing.

Amazon and Google both have the obvious huge store front and have effectively cornered the market for the two most common web activities*, looking stuff up and buying stuff. But the vast bulk of their development and growth effort is in their respective cloud offerings. Continuing to grow AWS and GCP makes perfect sense in the context of owning the infrastructure of "the 5th industrial revolution", as well as just it's consumer products.

Apple have a different strategy and I'm not sure how long a client device based core offering can sustain them. They've been losing ground compared to the other three for a little while, but not really my area so I'd be interested to know just what their strategy is.

There are reasons beyond just long term strategy for the FB rebrand, and Meta does seem to reference their ambition. But it still feels, to me at least, to represent an ecosystem of client offerings aimed at harvesting as much user and behaviour data as possible. And as valuable as that is, I still see Google and Amazon accelerating away.

*Think about it, you still have to find the porn
 

RBMK

LE
Book Reviewer
Gradual tightening up on inappropriate adverts and targeting children will hurt FB, also other channels for communication like whatsapp etc have eaten into FB revenue..

But the main problem is the growing feeling of invasion of privacy and toxic material on the platform which is uncontrolled by FB. I logged onto FB for a quick look at the village FB page - every 3rd post was an advert, some more or less disguised as legit posts. I go on for 5 minutes, read what I need and log straight off.

I would never give FB e.g. my true birthday or phone number. Other people readily share this info.

Regardless of anything else, FB is still rotten at the core.
 
I watched Zuckerberg’s keynote. It was interesting to see some of the tech in development to achieve his vision of the Metaverse- VR avatars which are photo realistic; eye tracking for foveated rendering and allowing you to make contact eye-contact in VR to aid communication; but the vision for what they actually want to build was not actually laid out beyond just wanting realistic avatars and being able to communicate with friends in AR. Though they are certainly putting their money where their mouths are in terms of research funding and jobs.
 

lert

LE
Gradual tightening up on inappropriate adverts and targeting children will hurt FB, also other channels for communication like whatsapp etc have eaten into FB revenue..

But the main problem is the growing feeling of invasion of privacy and toxic material on the platform which is uncontrolled by FB. I logged onto FB for a quick look at the village FB page - every 3rd post was an advert, some more or less disguised as legit posts. I go on for 5 minutes, read what I need and log straight off.

I would never give FB e.g. my true birthday or phone number. Other people readily share this info.

Regardless of anything else, FB is still rotten at the core.
Errr...you do know that Whatsapp is part of the FB group right? Same with Instagram. It's a bit like Coke losing the orange flavoured fizzy drink market to Fanta...

A large part of what Zuckerberg is doing, IMO, is entirely because of the tightening governance environment. It doesn't matter if people are dropping off one of his platforms if they're migrating to another of his products. You may not have shared your phone number with FB, but if you use Whatsapp then, well, you do the math. As they say.
 
The social media platform ”Facebook” is not changing its name. The original company called Facebook that was one and the same, bought other platforms, eg What’s App, Instagram. So Facebook the company is changing its name to Meta.

It’s like Fiat and Chrysler merged with Peugeot-Citroen. They make cars with different brands, Fiat, Dodge, Jeep, Peugeot, Vauxhall, Maserati etc. But the holding company changed its name to Stellantis. Meta will offer Facebook, Instagram, Messenger etc, and now they’re developing a new integrated platform, the “Metaverse”.
 

4(T)

LE
I was curious about the choice of name. How does FB/Zuckerberg intend to trademark or defend a name that is a common prefix in English and other languages, as well as a current vox populi slang term? Every new Meta(product) is probably going to conflict with a pre-existing term of some sort.
 
Facebook, the 'corporate entity' will be rebranding, but the 'Facebook' beloved of the hard of thinking, Mumsnet and other feckless fecks, will be retaining the Facebook ensign. :cool:
 
I find it funny that all these GAFA type companies are trying to create their own walled garden multi/universes, none of which will interact with the rest.

And meanwhile the only genuinely open software provider, Microsoft, becomes the world's most valuable company (again).
 

RBMK

LE
Book Reviewer
Errr...you do know that Whatsapp is part of the FB group right? Same with Instagram. It's a bit like Coke losing the orange flavoured fizzy drink market to Fanta...

A large part of what Zuckerberg is doing, IMO, is entirely because of the tightening governance environment. It doesn't matter if people are dropping off one of his platforms if they're migrating to another of his products. You may not have shared your phone number with FB, but if you use Whatsapp then, well, you do the math. As they say.
Yes, I'm aware, and that's one reason that I don't use either whatscrapp or instafart.

There is no social media on my phone, I don't even use FB or arrse for that matter on my phone, even through the web browser.

However, Zuck is about maximising revenue from all streams, most of which comes from advertising. Hence he'd like everyone to be on all of his platforms to boost cross platform revenues and advertising uptake.

ETA, I won't be using facial recognition, or eye scanners or the like either. My laptop camera has a small piece of black nasty over the camera which is only removed when I'm doing Zoom or Teams meetings or facetiming the family.
 

lert

LE
Yes, I'm aware, and that's one reason that I don't use either whatscrapp or instafart.

There is no social media on my phone, I don't even use FB or arrse for that matter on my phone, even through the web browser.

However, Zuck is about maximising revenue from all streams, most of which comes from advertising. Hence he'd like everyone to be on all of his platforms to boost cross platform revenues and advertising uptake.

ETA, I won't be using facial recognition, or eye scanners or the like either. My laptop camera has a small piece of black nasty over the camera which is only removed when I'm doing Zoom or Teams meetings or facetiming the family.
And yet look how easy it was to find a picture of you on the internet...
Manwithtinfoilhat.jpg
 
Eventually Zuck will overstep his mark and will have his behemoth company broken up by anti-trust legislation*, as it's getting to the point that nobody can compete against him.

*Hopefully.
 

lert

LE
I find it funny that all these GAFA type companies are trying to create their own walled garden multi/universes, none of which will interact with the rest.

And meanwhile the only genuinely open software provider, Microsoft, becomes the world's most valuable company (again).
Quite the opposite actually. One of, if the the, biggest selling points for AWS and GCP is their ability to integrate with third-parties. Let's say you're an IBM user for something IBM is really, really good at, you're not going to use AWS for a cloud infrastructure if it can't hook up to your IBM environment.

All the big cloud players offer out of the box API integration as a key part of their platforms and while there are third-party integration engines like Mulesoft that exist to join the dots, then AWS et al are closing the gap with their native functionality.

Microsoft's recent growth, by the way, is pretty much based on Azure. The fact that they pretty much give Windows licenses away to Gov and Academia for free if they sign up to Azure is neither here nor there...
 

lert

LE
Eventually Zuck will overstep his mark and will have his behemoth company broken up by anti-trust legislation*, as it's getting to the point that nobody can compete against him.

*Hopefully.
My personal take, for what it's worth, is that he* is approaching the tobacco/firearms moment. Politicians and the public are both cottoning on to the notion that something's not quite right even if they don't know what yet. Zuckerberg** can either go all Marlboro and try to deny it until it's too late, or he could go all NRA and lobby hard until it's too politically difficult to reform much at all. Time will tell.

*Zuckerberg, Dorsey, Systrom etc
** Ibid
 
I think the move is more out of necessity. The main Facebook brand is heavily tarnished, but they can't rename the main site itself.
The main Facebook site has a massive problem with take-up now. Many don't trust it and to upcoming generations it's just old fashioned (it's what your parents are on).
For future 'products' though everything will be from Meta, not FB, it's a sly trick but often used all across the commercial world. They are just too big for it not to be noticed.
 
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