Post AP0ED7C88LPEqST0Ay by atomicpoet@mastodon.social
(DIR) More posts by atomicpoet@mastodon.social
(DIR) Post #AP0ED7C88LPEqST0Ay by atomicpoet@mastodon.social
2022-10-27T16:49:13Z
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Today, $META fell under $100. In one year, it's lost 68% of its value—it's down 22% this year. Analysts are blaming the metaverse, but the problem is more profound than that.
(DIR) Post #AP0ED7iOCPD6SVYlSS by atomicpoet@mastodon.social
2022-10-27T16:52:23Z
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Social networks usually have a small shelf life. You can somewhat alleviate this problem by selling hardware. But who's using Portal?Whenever $META has tried selling hardware, they've failed.
(DIR) Post #AP0ED8CsN3b3z3p6ye by atomicpoet@mastodon.social
2022-10-27T16:54:19Z
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Another route to alleviate the short shelf life of social networks is to acquire other social networks. $META has already done this. They can't do it anymore—the SEC won't allow it.
(DIR) Post #AP0ED8eWiFiNMolC4m by atomicpoet@mastodon.social
2022-10-27T16:57:50Z
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Of course, if $META can't acquire the competition, they can copy them. Again, they've done this. They succeeded once by copying Snapchat, and they're trying valiantly by copying TikTok.So far, copying TikTok isn't working.
(DIR) Post #AP0ED9B8kznozy1EuW by atomicpoet@mastodon.social
2022-10-27T17:00:30Z
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There's one more avenue to "save" $META, and that's to hire exceptional talent that understand and love Facebook, Instagram, etc. and transform them into exceptional products.But few people want to work there. They can't attract talent.
(DIR) Post #AP0ED9gKt0kwYic9XE by atomicpoet@mastodon.social
2022-10-27T17:03:06Z
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With all other options exhausted, what is $META's best bet? To innovate with something incredibly futuristic, something everyone will be using—claim that space now!The metaverse is Zuckerberg's Hail Mary.
(DIR) Post #AP0EDA6DKnSLqyios4 by atomicpoet@mastodon.social
2022-10-27T17:07:12Z
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But here's the other thing to consider: $META is what happens when short term profits are prized over ethics. All the trouble Meta is in is due to lies, bad security, and privacy violations.No one likes Meta.
(DIR) Post #AP0EDAVNpDab72Uv6O by atomicpoet@mastodon.social
2022-10-27T17:09:23Z
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Even hardcore Wall Street capitalists ask themselves, "Why do I want to invest in a company that triggered a genocide?"And why is $META to be trusted with building the metaverse?
(DIR) Post #AP0EDAwKD38kSb6R60 by Moon@shitposter.club
2022-10-27T19:44:23.105694Z
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@atomicpoet no they don't lol
(DIR) Post #AP0EDCK745lKkfEwoS by atomicpoet@mastodon.social
2022-10-27T17:15:33Z
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Let's say Zuckerberg is right, and we're all eating crow. We're all eventually walking around with VR/AR headsets—the metaverse has taken off.Why wouldn't a more ethical company than $META claim their space?
(DIR) Post #AP0FA1OpK7W5xOUhzU by volume@fr13nd5.com
2022-10-27T19:55:09.975144Z
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@atomicpoet 💌For starters, a bite of that complexity would probably reach terminal dynamic, as if the economic are not telling, when the framework which they exist upon is flawed and corrupt to the point of postal services failing. Need serves a different devil rather than putting it’s trust in the lord.Compilation error, unsound and all of a sudden, the verse reaches silence.More and more, it becomes difficult to maintain silence manageable, and the chorus becomes the crescendo to demise.💌
(DIR) Post #AP0FPJxKc4OzqvveO8 by volume@fr13nd5.com
2022-10-27T19:57:55.813782Z
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@atomicpoet 💌🤲🏻
(DIR) Post #AP0FhNZdtswCHnSXxY by volume@fr13nd5.com
2022-10-27T20:01:12.527560Z
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@atomicpoet 💌
(DIR) Post #AP0FuYSSkDdpo7NqhE by volume@fr13nd5.com
2022-10-27T20:03:34.443392Z
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@atomicpoet 🤷♂️
(DIR) Post #AP0G3bR72atjeO4Byi by volume@fr13nd5.com
2022-10-27T20:05:12.884954Z
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@atomicpoet Pink is quite a pretty color. Is it masculine enough for a male data?🤔
(DIR) Post #AP0ILdZQ2ruhODgAVM by atomicpoet@mastodon.social
2022-10-27T20:28:55Z
1 likes, 3 repeats
CORRECTION: $META has lost 25% of it's value alone today.And it's lost 68.63% of its valuation over the past year. That's stunning.
(DIR) Post #AP0IZRYHWfckAZjLZg by neglesaks@mstdn.io
2022-10-27T20:33:23Z
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@atomicpoet 👌
(DIR) Post #AP1ITPqv7qdUJsXBvE by ericbuijs@fosstodon.org
2022-10-28T08:06:59Z
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@atomicpoet As Eben Moglen said in 2010 in his famous Freedom in the Cloud speech 'Mr. Zuckerberg richly deserves bankruptcy. Let’s give it to him. For Free'