Hacker News new | ask | show | jobs
by thr0waway1239 3311 days ago
>> Facebook going out of business seems unlikely

Is it? Because it seems to me that they are having plenty of issues with gaining the trust of advertisers too. Considering that advertising is the bread and butter of their business, this would normally be something of a mini-crisis.

A quick search for "do advertisers trust facebook" gives me

https://techcrunch.com/2016/11/12/facebook-needs-accountabil...

https://venturebeat.com/2017/02/10/facebook-verification-ad-...

http://www.thedrum.com/news/2017/01/31/will-facebook-chip-aw...

http://www.adageindia.in/digital/40-of-marketers-say-they-pl...

http://marketingland.com/facebooks-measurement-errors-impact...

Of course, no one actually believes anything Facebook says with regards to privacy, and probably never did.

I would seriously doubt if there is anyone who actually looks at their practices who doesn't think they conduct large scale psychological experiments on the human lab rats who continue to use FB.

In other words, seems like there are enough ingredients here for an implosion. Something has to give.

3 comments

> Considering that advertising is the bread and butter of their business, this would normally be something of a mini-crisis.

It would, if there were an alternative.

facebook has a certain level of monopoly over people's attention. i don't think a little snafu like this is suddenly going to make advertisers think they should stop advertising on facebook.
There is a relevant xkcd, that calculates FBs lifetime to end at ~20 years from now.