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by shephardjhon 1712 days ago
"facebook isnt going anywhere". If this was the 90s/early 2000s you would say that about Yahoo. MySpace was a thing for a long time and operated in a way that we were never concerned about it causing the end of democracy or a civil war or helping dictator. I know part of it was technology at the time but also MySpace never used the kind of rage inciting algorithms Facebook does. I only hope PyTorch and Oculus get spun off before facebook gets shut down.
1 comments

Yahoo is the absolute opposite of Facebook in every conceivable way. Jerry Yang famously roughly said (someone did) they had no idea how they’re making all the money from banner ads. They’re famously stupid in passing on every major tech company willingly coming to them to be bought out.

Facebook famously and studiously (and in hindsight extremely accurately) bought out every conceivable future competitor ensuring they truly don’t have competition in their real market. And their top brass know exactly what company and market they are in contrary to popular belief. barring legislation to split or curtail this org it will continue to metastasize and thrive in the world with reckless abandon.