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by HDThoreaun 100 days ago
Meta ad spend increases 10% every year. Their products have had non stop continual successes for decades at this point. If fb and insta never changed and were solely relying on tailwind you could say they havent had any success, but this clearly is not true imo. Their family of apps have changed a lot, mostly for the worse imo, but it has led to massive increases in ad shows and spend per ad show.
2 comments

They’ve gotten better at addiction-engineering. Like making super-cocaine, it’s not a good thing. Essentially they took a dubiously ethical business and ramped it into, “actively harmful to almost everyone”. Any reasonable country would ban half the ads that make it onto FB/Insta. FB themselves admit 10% of their ad traffic is literal scammers.
Sure, but youre just talking about semantics here. When Mark asks himself "have we been successful" your definition of success is irrelevant. If the lay offs were because of the company had no successes as the OP posits you have to reason from the decision makers definition of success.
Is your baromiter of success the acquisition of cash?
> Is your baromiter of success the acquisition of cash?

Who cares? In the context of layoffs, it's the definition the company uses that matters.

Your definition of success has no bearing on whether the company is going to do layoffs or not. The company's definition does.

there are plenty of amazingly lucrative businesses that do really well, like online casinos, tobacco companies, etc. that happily milk their users and don't bother with improving human condition. You can call that "successful product strategy" i guess, but to me that's still pretty repulsive. You can also call this hyperbole, but i really am very much repulsed at this: increasing addictiveness for the weak minds to extract more revenue.
We agree that the product is lucrative and the ethics are nonexistant.

> increasing addictiveness for the weak minds

This kind of statement is like saying only fools fall for spearphishing attacks. IME, there are lots of attacks on your attention, and it only takes one mistake.

If you have not been targeted yet, it's just a matter of time. For example, look around here at the Factorio users. "It's just a fun game." Ok, but how many hours a week are you spending on it? Looks like an addiction to me.

I know not everybody agrees with me, but when you are logging hundreds (thousands?) of hours on WoW, League, COD, ... it quacks like a duck.