Technology

You mean, just like his pivot to VR?

His is such a bad company but so poorly run by its dictator. He can't be ousted as he holds majority shares. It'd be funny as hell if it wasn't facilitating the progression of the end of our world. Dumping billions that could be used to feed and support people in need. Instead we got the metaverse and datacenters on every corner.

Has he picked a single winner since he stole the idea for facebook?

amazing how many missteps you can make as a ceo these days without consequences...

This video on how much of the debt these companies hold is hidden from their balance sheets is chilling. According to this, Meta "officially" owes $151B, but in reality has debt obligations closer to $572B.

That's over 40% of Meta's entire market capitalization, and they're rapidly adding to that debt. Meta's existing properties are losing users, and there's just no fucking way they'll be able to pay back this debt in the long term, because they have zero hope of deriving income from all this data center investment. At some point, BlackRock and the other private equity firms Meta owes money to are going to come looking for blood

Never interrupt your enemy while he's making a mistake.

Keep it up, Mark. You're doing great.

Becoming a billionaire really does seem to get to people's heads, the younger the billionaire the worse.

Zuck is being completely reckless, burning through hundreds of billions of dollars hopping on every futuristic idea, and doesn't listen to anyone's fair criticism anymore.

He probably even thinks he is some great visionary and everyone else is holding him back, and that's why they work for him, not the opposite.

In a sane socioeconomic system we wouldn't people get this rich and powerful for their own good, especially young people.

Marky Zuckerberg may run Meta into the ground however the fucker will still be rich.

Outside of Facebook what has he been responsible for that didn't blow up in his face? The only other things Meta has that aren't thus far miserable failures are Instagram and Whatsapp, both of which they bought.

I recently saw a video of Zuckerberg being interviewed by Theo Von and I honestly thought it was AI slop at first. The way he sits, talks, even moves his head it's like he's constantly under interrogation. It's like some PR manager spent a couple days with him teaching him how to act and the dude took it way too literally.

Destroying civilization, and destroying shareholder value.

What is his actual function?

Well at least he has that thing he named the company after to fall back on, right?

If you are still actively using Facebook you are either over 40 or live in a rural area of the country. As an example, I live in a small rural town of less than 4000 people everybody still uses Facebook and the amount of AI that they are liking sharing commenting on is absurd.

Couldn't have happened to a more deserving bot.

And yet again, Zuck walks away from a mountain of burning money without a scratch on him. 😡

Steals an idea to get rich. Buys companies to produce ideas for him but still fails somehow. Gets called innovative genius because he has lots of money? I guess all he is that he was opportunistic and was able to realize a good idea (perhaps by chance) a long time ago and stole it. Now he is constantly failing on choosing good ideas but because he is stinking rich he is somehow able to keep himself afloat.

I hope that the whole facebook downfall and the inevitable enshitification of other facebook servies like instagram und whatsapp only accelerates the adoption of better alternatives, we'll see if people are actually willing to leave whatsapp if its gotten bad enough

I'm wishing for more murderous things to blow up in his face.

He probably should have stuck with the Metaverse, I'm sure it would have worked eventually. I mean maybe, who knows...

For those that want to read about the fault of human psyche:

https://technophilosoph.com/en/2024/06/09/why-we-trust-ai-despite-the-gell-mann-amnesia-effect/

The popular author Michael Crichton named this effect after his physicist friend Murray Gell-Mann, who had noticed how newspaper readers, for example, after studying an erroneous article on a subject in which they themselves are very knowledgeable, just shake their heads and find the reporting on it distorted, erroneous and lacking in understanding. However, if they then turn the page and read an article on another topic in which they themselves have little knowledge, they trust the information in this article almost without reservation.

Such a punchable face. He and his wife are evil people. Stains on humanity.

They are automatically putting ppls pictures in image to video ai without permission and advertising it back to them

Gods I wish this was literal.

Fuck Zuck.

At least he didn't have to spend all that money on higher salaries. How you boys liking the rocket game? I'm thinking about blowing a few dozen billion on that, just as a hobby. Not trying to make money off it.