This is a most excellent place for technology news and articles.
I wouldn’t work for Facebook if they tripled my current salary.
I take that back, I have enough leave saved up I could reasonably take a 4 month sabbatical so I would for about 4 months to make a years salary in that short amount of time and then tell Facebook to fuck off.
Good for you? 10000s of other people would.
FANG jobs are still highly desirable and prestigious.
FANG? Facebook, Amazon, ???, Google.
Well yeah I get that. But I wouldn’t trust them for stable employment when they make decisions like this. Of all the FANG jobs about the only one I would trust is Apple honestly.
Can't wait to read a near-future article about all those employees making a new company that is unionized private non-stock and does better than Zuck's Facebook. Making an open-source Facebook alternative so good that they end uo replacing Facebook altogether
Also, some people were open to making an open source business community on this platform to share how to get different businesses up and running, and how to grow/maintain them. Wonder if they would still like to do that
You must be new around these parts. Facebook (and the rest of big tech) are monopolists. For the past ~26 years, the tech industry has been using illegal anticompetitive tactics to suppress competition and destroy potential competitors. The government has done nothing, because they're stupid and think "big = good".
An example is Instagram. It was a start up that was growing rapidly, and actually became a threat to Facebook. What did Facebook do? They placed a massive bid to buy the company at like 10x their actual market value. It's an offer so huge that every investor in Instagram would support the deal even if the founders were against it.
A sane government would see that as an obvious anticompetitive decision, and block the merger. Facebook should instead use that money to improve their own product and compete fairly. Obviously, that didn't happen, the merger went through, and Facebook is still the owner of Instagram. Users and the tech industry at large are worse off.
Look at TikTok's huge success. If they weren't a Chinese company, they probably would have met a similar fate. Unfortunately for Facebook, they weren't allowed to buy a Chinese company.
Personally, I prefer social communities to not be so heavily monetized. On the other hand, it would be nice if Frendica ran a bit better, but I can hardly complain if I'm not giving any time/money to that project to make it so.
It would take a lot to replace Facebook at this point, not only that but they are into much more then just social media. It would be awesome to see something happen, but even Google failed to beat them.
That being said, I can't tell you how many times people started a business network, resource, etc on Reddit over the past 15 years. They don't work, people get bored, people show up for the first few days then forget they exist, etc. It would be awesome to help others get to the point where they could launch and become successful, but it takes time and every on both sides, and most people aren't willing to do the work either way long term.
I wish I didn't agree with you, however, I have friends who rail against Facebook constantly and still send me Instagram links and use their meta headsets. Facebook is too ingrained into the social media structure to just easily be replaced. There's about as much chance of replacing Facebook as Blue sky was at replacing Twitter. No matter how much people hate the people in charge, they're still going to continue to use their product.
Im in that boat. Only reason im on Instagram is because the only way I can stay in continued contact with my friends and family is through it. If not for that this would be the only social media I would use
Cool and they well eat and pay their bills with unicorn farts and rainbows.
Remember diaspora?
Why is that not already a thing?
Being blunt. I am 48 and have 3 kids to feed and 2 have disabilities. I have no interest in the risk that comes with doing something pro bono on the hopes it will work especially when everyone else is doing it pro bono. There's no immediate individual incentive.
I may want socialism but I live in a capitalist world. I can't have me and my family survive on good feelings.
Even if Meta replaced its entire workforce with AI, payroll savings would only be roughly $27 billion, a fraction of the $145 billion infrastructure spend.
Imagine you are so dumb, you decide to rename your company for its biggest failure, and then you get to fire everybody else because they are redundant. Facebook renaming itself Meta is like Tesla changing its name to Cybertruck Inc.
I can't wait until the AI bubble is over and drags the worst people under.
Tbf, Tesla probably sold more cyber trucks than Horizons got users.
