| _______ __ _______ | |
| | | |.---.-..----.| |--..-----..----. | | |.-----..--.--.--..-----. | |
| | || _ || __|| < | -__|| _| | || -__|| | | ||__ --| | |
| |___|___||___._||____||__|__||_____||__| |__|____||_____||________||_____| | |
| on Gopher (inofficial) | |
| Visit Hacker News on the Web | |
| COMMENT PAGE FOR: | |
| Meta's new A.I. superstars are chafing against the rest of the company | |
| octaane wrote 1 hour 29 min ago: | |
| I feel like many of the comments are focused on the trees and not on | |
| the forest. The new head of Facebook AI is 28 years old? That's not OK, | |
| that's too young. Too inexperienced and not worldwise enough by a long | |
| shot. No shit they're having problems. Can you imagine being a facebook | |
| lifer, or one of the LLM pros they've bribed/hired over to the company, | |
| to be bossed around by someone with very little life experience? No | |
| shit it isn't going well. | |
| storus wrote 6 hours 5 min ago: | |
| So FAIR has been effectively disbanded, LeCun is moving out, Wang is | |
| doing 996 and teams are hiring to fire to insulate people who need to | |
| vest their stock. How long until the company accumulates enough stress | |
| to rupture completely? | |
| magnitudes wrote 4 hours 52 min ago: | |
| Lecun did not run almost anything at FAIR, he was basically an IC. | |
| FAIR has grown, not shrunk. | |
| almostgotcaught wrote 3 hours 2 min ago: | |
| Agree with the first part | |
| > he was basically an IC | |
| Disagree with this part - ICs have to write code. He literally did | |
| nothing except meetings and WP posts. | |
| setgree wrote 7 hours 36 min ago: | |
| I'm as ready to hate on Meta as anyone but this article is a bit of a | |
| nothingburger. | |
| So there are disagreements about resource allocation among staff. | |
| That's normal and healthy. The CEO's job is to resolve those | |
| disagreements and it sounds like Zuck is doing it. The suggestion to | |
| train Meta's products on Instagram and Facebook data was perfectly | |
| reasonable from the POV of the needs of Cox's teams. You'd want your | |
| skip-level to advocate for you the same way. It was also fine for AW to | |
| push back. | |
| >. On Thursday, Mr. Wang plans to host his annual A.I. holiday party in | |
| San Francisco with Elad Gil, a start-up investor...Itâs unclear if | |
| any top Meta executives were invited. | |
| Egads, they _might_ not get invited to a 28-year-old's holiday party? | |
| However will they recover?? | |
| WhyOhWhyQ wrote 2 hours 23 min ago: | |
| Can somebody explain to me how giving a 28 year old kid 250 million | |
| (or was it 1 billion) to run your AI lab is a good idea? Or is it | |
| actually a dumb idea? I think it is a dumb idea, but maybe somebody | |
| can make it make sense. | |
| rhines wrote 1 hour 28 min ago: | |
| Well Wang used to live with Altman. What value that actually | |
| provides, I don't know. But it seems to be why he's worth this | |
| much. | |
| dazamarquez wrote 7 hours 37 min ago: | |
| Is Wang even able to achieve superintelligence? Is anyone? I'm unable | |
| to make sense of Wang's compensation package. What actual, practical | |
| skills does he bring to the table? Is this all a stunt to drive Meta's | |
| stock value? | |
| ginnyaang wrote 54 min ago: | |
| > What actual, practical skills does he bring to the table? | |
| This hot dog, this no hot dog. | |
| hshdhdhj4444 wrote 2 hours 4 min ago: | |
| If Zuck throws $2-$4Bn towards a bunch of AI âsuperstarsâ and | |
| thatâs enough to convince the market that Meta is now a serious AI | |
| company, it will translate into hundreds of billions in market cap | |
| increases. | |
| Seems like a great bang for the buck. | |
| PessimalDecimal wrote 1 hour 9 min ago: | |
| Oracle also briefly convinced the market it was a serious AI | |
| company and received a market cap increase. Until it evaporated. | |
| this_user wrote 2 hours 40 min ago: | |
| The way it sounds, Zuckerberg believes that they can, or at the very | |
| least has people around him telling him that they can. But Zuckerberg | |
| also though that the Metaverse would be thing. | |
| LeCun obviously thinks otherwise and believes that LLMs are a | |
| dead-end, and he might be right. The trouble with LLMs is that most | |
| people don't really understand how they work. They seem smart, but | |
| they are not; they are really just good at appearing to be smart. But | |
| that may have created the illusion the true artificial intelligence | |
| is much closer than it really is in the minds of many people | |
| including Zuckerberg. And obviously, there now exists an entire | |
| industry that relies on that idea to raise further funding. | |
| As for Wang, he's not an AI researcher per se, he basically built a | |
| data sweatshop. But he apparently is a good manager who knows how to | |
| get projects done. Maybe the hope is that giving him as many | |
| resources as possible will allow him to work his magic and get their | |
| superintelligence project on track. | |
| irjustin wrote 1 hour 49 min ago: | |
| > They seem smart, but they are not; they are really just good at | |
| appearing to be smart | |
| There are too many different ways to measure intelligence. | |
| Speed, matching, discovery, memory, etc. | |
| We can combine those levers infinitely create/justify "smart". Are | |
| they dumb? Absolutely, but are they smart? Very much so. You can be | |
| both at the same time. | |
| Maybe you meant genius? Because that standard is quite high and | |
| there's no way they're genius today. | |
| themafia wrote 20 min ago: | |
| > You can be both at the same time. | |
| Smart and dumb are opposites. So this seems dubious. You can | |
| have access to a large base of trivial knowledge (mostly in a | |
| single language), as LLMs do, but have absolutely no | |
| intelligence, as LLMs demonstrate. | |
| You can be dumb yet good at Jeopardy. This is no dichotomy. | |
| alpha_squared wrote 1 hour 5 min ago: | |
| They're neither smart nor dumb and I think that trying to measure | |
| them along that scale is a fool's errand. They're combinatorial | |
| regurgitation machines. The fact that we keep pointing to that as | |
| an approximation of intelligence says more about us than it, | |
| namely that we don't understand intelligence and that we look for | |
| ourselves in other things to define intelligence. This is why | |
| when experts use these things within their domain of expertise | |
| they're underwhelmed, but when used outside of those domains they | |
| become halfway useful. | |
| Trying to create new terminology ("genius", "superintelligence", | |
| etc.) seems to only shift goal posts and define new ways of | |
| approximation. | |
| Personally, I'll believe a system is intelligent when it presents | |
| something novel and new and challenges our understanding of the | |
| world as we know it (not as I personally do because I don't have | |
| the corpus of the internet in my head). | |
| nl wrote 2 hours 12 min ago: | |
| Humans aren't smart, they are really just good at appearing to be | |
| smart. | |
| Prove me wrong. | |
| antod wrote 1 hour 10 min ago: | |
| You'll just claim we only "appeared" to prove you wrong ;) | |
| milowata wrote 2 hours 17 min ago: | |
| Wang is a networking machine and has connected with everyone in the | |
| industry. Likely was brought in as a recruiting leader. Mark being | |
| Mark, though, doesnât understand the value of vision and figured | |
| getting big names in the same room was better than actually having | |
| a plan. | |
| sokoloff wrote 1 hour 9 min ago: | |
| Your last sentence suggests that he willingly failed to take the | |
| choice to create a vision and a plan. | |
| If, for whatever reason, you don't have a vision and a plan, | |
| hiring big names to help kickstart that process seems like a way | |
| better next step than "do nothing". | |
| canyp wrote 47 min ago: | |
| How to draw an owl: | |
| 1. Hire an artist. | |
| 2. Draw the rest of the fucking owl. | |
| Eisenstein wrote 2 hours 26 min ago: | |
| > They seem smart, but they are not; they are really just good at | |
| appearing to be smart. | |
| Can you give an example of the difference between these two things? | |
| heavyset_go wrote 1 hour 38 min ago: | |
| Wisdom vs knowledge, where the word "knowledge" is doing a lot of | |
| work. LLMs don't "know" anything, they predict the next token | |
| that has the aesthetics of a response the prompter wants. | |
| Eisenstein wrote 2 min ago: | |
| [delayed] | |
| anon84873628 wrote 1 hour 59 min ago: | |
| For fun I asked Gemini about this. It wrote a lot, including: | |
| Appears smart: pattern matching. Actually smart: first principles | |
| understanding. | |
| Is that specific enough? | |
| It also made reference to stochastic parrots vs emergent | |
| reasoning, the bat and ball problem, the library vs the | |
| librarian, and the Chinese room. | |
| It ended by asking if I would like it to solve a logic puzzle I | |
| made up on the spot to see if it relies on patterns or reasoning. | |
| g947o wrote 2 hours 9 min ago: | |
| Hallucinating things that never exist? | |
| mycall wrote 2 hours 1 min ago: | |
| Imagination? | |
| g947o wrote 1 hour 59 min ago: | |
| I think these are clearly two different words that mean | |
| different things. | |
| this_user wrote 2 hours 13 min ago: | |
| Imagine an actor who is playing a character speaking a language | |
| that they actor does not speak. Due to a lack of time, the actor | |
| decides against actually learning the language and instead opts | |
| to just memorise and train how to speak their lines without | |
| actually understanding the content. Let's assume they are doing a | |
| pretty convincing job too. Now, the audience watching these | |
| scenes may think that the actor is actually speaking the | |
| language, but in reality they are just mimicking. | |
| This is what an LLM essentially is. It is good at mimicking, | |
| reproducing and recombining the things it was trained on. But it | |
| has no creativity to go beyond this, and it doesn't even possess | |
| true reasoning, which is how it will end up making mistakes that | |
| are just immediately obvious to a human observer, yet the LLM is | |
| unable to see them, because it just mimicking. | |
| mlmonkey wrote 1 hour 11 min ago: | |
| You are describing Searle's "Chinese Room argument"[1] to some | |
| extent. | |
| It's been discussed a lot recently, but anyone who has | |
| interacted with LLMs at a deeper level will tell you that there | |
| is something there; not sure if you'd call it "intelligence" or | |
| what. There is plenty of evidence to the contrary too. I guess | |
| this is a long-winded way of saying "we don't really know | |
| what's going on"... | |
| [1]: https://plato.stanford.edu/entries/chinese-room/ | |
| x______________ wrote 33 min ago: | |
| If an LLM was intelligent, wouldn't it get bored? | |
| jimbokun wrote 22 min ago: | |
| Why should it? | |
| retsibsi wrote 1 hour 57 min ago: | |
| > Imagine an actor who is playing a character speaking a | |
| language that they actor does not speak. Due to a lack of time, | |
| the actor decides against actually learning the language and | |
| instead opts to just memorise and train how to speak their | |
| lines without actually understanding the content. | |
| Now imagine that, during the interval, you approach the actor | |
| backstage and initiate a conversation in that language. His | |
| responses are always grammatical, always relevant to what you | |
| said modulo ambiguity, largely coherent, and accurate more | |
| often than not. You'll quickly realise that 'actor who merely | |
| memorized lines in a language he doesn't speak' does not | |
| describe this person. | |
| Eisenstein wrote 2 hours 6 min ago: | |
| 1. I would argue that an actor performing in this way does | |
| actually understand what his character means | |
| 2. Why doesn't this apply to you from my perspective? | |
| mrits wrote 2 hours 17 min ago: | |
| Being able to learn to play Moonlight Sonata vs. being able to | |
| create it. Being able to write a video game vs being able to | |
| write a video game that sells. Being able to tell you newtons | |
| equations vs being able to discover the acceleration of gravity | |
| on earth | |
| Eisenstein wrote 2 hours 9 min ago: | |
| So if an LLM could do any of those things you would consider it | |
| very smart? | |
| Mistletoe wrote 2 hours 29 min ago: | |
| What are the differences between a person that is smart and an LLM | |
| that seems smart but isn't? | |
| tom_ wrote 1 hour 23 min ago: | |
| The LLM is not a person. | |
| hibern8 wrote 2 hours 24 min ago: | |
| The ability to generate novel ideas. | |
| vjvjvjvjghv wrote 38 min ago: | |
| How many people generate novel ideas? When I look around at | |
| work, most people basically operate like an LLM. They see | |
| whatâs being done by others and emulate it. | |
| nl wrote 2 hours 13 min ago: | |
| Well that's not true - see the Terry Tao article using | |
| AlphaEvolve to discover new proofs. | |
| Additionally, "novel ideas" isn't something that is included in | |
| something that smart people do so why would it be a requirement | |
| for AI. | |
| bgirard wrote 2 hours 14 min ago: | |
| What's your definition of a novel idea? How do you measure | |
| that? | |
| I've had a 15 year+ successful career as a SWE so far. I don't | |
| think I've had a single idea so novel that today's LLM could | |
| not have come up with it. | |
| yakbarber wrote 2 hours 24 min ago: | |
| it's in the eye of the beholder | |
| ActionHank wrote 5 hours 14 min ago: | |
| Wang is able to accurately gauge zuckâs intelligence. | |
| KaiserPro wrote 7 hours 54 min ago: | |
| As someone who's startup got bought out by facebook, many years ago, | |
| its not surprising to read. | |
| The politics surrounding zuck is wild. Cox left then came back, mainly | |
| because hes not actually that good, and has terrible judgement when it | |
| comes to features and how to shape effective teams (just throw people | |
| at it, features should be purely metric based, or a straight copy of | |
| competitors products. There is no cohesive vision of what a meta | |
| product should be. Just churn out microchanges until something sticks) | |
| Zuck also has pretty bad people instincts. He is surrounded by | |
| egomangics, and Boz is probably the sanest out of all of them. Its a | |
| shame he doesn't lead engineering that well (ie getting into fights | |
| with plebs in the comments about food and shuttle timings) | |
| He also is very keen on flashy new toys, and features, but has no | |
| instinct for making a product. He still thinks that incremental | |
| slightly broken features, but rapidly released is better than a product | |
| that works well, is integrated and has a simple well tested UI pathway | |
| for everything. Common UI language? Pah, thats for android/apple. I | |
| want that new shiny feature, I want it now. What do you mean its buggy? | |
| just pull people off that other project to fix it. No, the other one. | |
| Schrep also was an in insightful and good leader. | |
| Sheryl is a brilliant actor that helped shape the culture of the place. | |
| However there was always a tinge of poison, which was mostly kept in | |
| check until about 2021. She went full politician and started building | |
| her own brand, and generally left a massive mess. | |
| Zuck went full bro and decided that empathy made shit products and | |
| decided that he like the taste of engineer's tears. | |
| but back to TBD. | |
| The problem for them is that they have to work collaboratively with | |
| other teams in facebook to get the stuff the need. The problem is, the | |
| teams/orgs they are fighting against have survived by competing against | |
| others ruthlessly. TBD doesn't have the experience to fight the old | |
| timers, they also don't really have experience in making frontier | |
| models. | |
| They are also being swamped by non-ML engineers looking to ride the | |
| wave of empire building. this generates lots of alignment meetings and | |
| no progress. | |
| themafia wrote 17 min ago: | |
| Computer scientists spending a career building advertising inventory | |
| and private data lakes while at the same time desperate to never be | |
| perceived in this light. It must make for an interesting "culture." | |
| dagmx wrote 1 hour 31 min ago: | |
| Itâs both sad and believable when I hear that Boz is the most sane | |
| of them all. | |
| Boz is such a grifter in his online content. He naturally weasel | |
| words every little point and while I have no doubt heâs smart, I | |
| donât think I could trust him to provide an honest opinion | |
| publicly. | |
| My friends at meta tend to not hold him in the highest esteem but | |
| echo largely what you said about the politics and his standing | |
| amongst them. | |
| chis wrote 2 hours 31 min ago: | |
| All facts in this post. FB management always had such a shockingly | |
| different tone than other big tech companies. It felt like a bunch of | |
| friends whoâd been there from the start and were in a bit over | |
| their heads with way too much confidence. | |
| I have a higher opinion of zuck than this though. He nailed a couple | |
| of really important big picture calls - mobile, ads, instagram - and | |
| built a really effective organization. | |
| The metaverse always felt like the beginning of the end to me though. | |
| The whole company kinda lived or died by Zuckâs judgement and that | |
| was where it just went off the rails, I guess boz was just whispering | |
| in his ear too much. | |
| game_the0ry wrote 7 hours 57 min ago: | |
| With the exception of instagram fb marketplace, meta just looks and | |
| feels like a chaotic, sloppy mess of a company. Between the incoherent | |
| and buggy garbage that is ads manager (something I have used for my own | |
| business) and zuck saying he laid off poor performers (effectively | |
| screwing those people for no reason), it all looks like poor business | |
| operations. So its no surprise they can't figure out AI even with all | |
| the ads profits and brain power. | |
| An adult needs to show up, put zuck back in a corner and right the | |
| ship. | |
| lvl155 wrote 7 hours 48 min ago: | |
| I refuse to believe that companies are allocating major ad spend to | |
| Facebook in 2025. Instagram, yes. | |
| darkwater wrote 7 hours 40 min ago: | |
| Why do companies allocate ad spend on regular TV channels in 2025? | |
| There is still a big cohort of people (45-70) totally hooked on | |
| Facebook. | |
| lvl155 wrote 6 hours 1 min ago: | |
| Itâs such a wasteland. I really think FB is fudging those | |
| Facebook user metrics. I might login once or twice a year and | |
| realize even marketplace is junk these days. | |
| olyjohn wrote 3 hours 21 min ago: | |
| Marketplace is trash. It is severely broken, the search doesn't | |
| work, the filters don't work. It throws in shit you aren't | |
| looking for, and constantly misses things that are there. Yet | |
| they destroyed Craigslist. Unfortunately its where everybody | |
| posts everything and you will sell shit much quicker on there. | |
| PaulHoule wrote 2 hours 8 min ago: | |
| Craigslist had the same problem. Once you have a two sided | |
| market it is almost impossible to kill your business no | |
| matter how hard you screw it up. Unusually Facebook was able | |
| to muscle them out, but Craigslist was characterized by | |
| years of stagnation where the only thing that happened was | |
| they kicked out the prostitutes. | |
| twodave wrote 7 hours 49 min ago: | |
| > zuck saying he laid off poor performers (effectively screwing those | |
| people for no reason) | |
| Were they not actually performing poorly, then? Maybe I'm missing | |
| some context, but laying off poor performers is a good thing last I | |
| checked. It's identifying them that's difficult the further removed | |
| you are from the action (or lack thereof). | |
| chihuahua wrote 7 hours 37 min ago: | |
| From what I heard, Eric Lippert was one of the layoff victims. I | |
| find it unlikely that he was actually a poor performer, since he's | |
| an industry legend. | |
| anonymars wrote 6 hours 22 min ago: | |
| "[My probabilistic languages] team in particular was at the point | |
| where we were regularly putting models into production that on | |
| net reduced costs by millions of dollars a year over the cost of | |
| the work. | |
| ... | |
| We foolishly thought that we would naturally be protected from | |
| any layoffs, being a team that reduced costs of any team we | |
| partnered with. | |
| ... | |
| The whole Probability division was laid off as a cost-cutting | |
| measure. I have no explanation for how this was justified and I | |
| note that if the company were actually serious about | |
| cost-cutting, they would have grown our team, not destroyed it." | |
| [1]: https://ericlippert.com/2022/11/30/a-long-expected-updat... | |
| twodave wrote 3 hours 42 min ago: | |
| Thanks, this is what I was looking for. Puts the original point | |
| into focus. | |
| BoorishBears wrote 7 hours 45 min ago: | |
| You're replying to someone (rightfully) pointing out that you can | |
| layoff poor performers without proclaiming it with one of the | |
| farthest reaching voices in the industry. | |
| Anyone who's worked in a large org knows there's absolutely zero | |
| chance that those layoffs don't touch a single bystander or special | |
| case. | |
| PaulHoule wrote 2 hours 10 min ago: | |
| Any kind of stack ranking privileges people who are good in | |
| presentation of self and high in pathological narcissism. | |
| elzbardico wrote 8 hours 6 min ago: | |
| Mr Z. pays engineers well, that's what counts in my book, I like Mr. Z. | |
| Y-bar wrote 8 hours 1 min ago: | |
| Doctors and chemists were paid handsomely by Marlboro Tobacco and | |
| Philip Morris. Didnât make me like the C-suite at those companies | |
| any better. | |
| dylan604 wrote 7 hours 38 min ago: | |
| You must not have been one of those doctors or chemists. | |
| yieldcrv wrote 8 hours 17 min ago: | |
| As someone that pivoted to agentic work and quit the job that tried to | |
| get the existing team to do agentic work: | |
| All companies are structuring like this, and some are more equipped to | |
| do it than others | |
| Basically the executive team realizes the corporate hierarchy is too | |
| rigid for the lowly engineers to surface any innovation or workflow | |
| adjustments above the AI anxiety riddled middle management and | |
| bandwagon chaserâs desperate plea for job security, and so the | |
| executive creates a team exempt from it operating in a new structure | |
| Most agentic work impacts organizations that are outside of the tree of | |
| that software/product team, and there is no trust in getting the | |
| workflow altered unless a team from upon high overwrites the targeted | |
| organization | |
| we are at that phase now, I expect this to accelerate as executives | |
| catch on through at least mid-summer 2026 | |
| tracker1 wrote 7 hours 51 min ago: | |
| It's not even a new thing... re Skunkworks. It's completely natural | |
| for new/developing technology to be formed in new organizations | |
| separate from incumbered corporate bureaucracy. iirc, IBM did this | |
| with the PC, that later languaged under the bureaucrats, and there | |
| are many others over the past half century. | |
| I think the biggest issue with Meta here, is how much visibility they | |
| have to adjacent orgs, which is not too surprising given the | |
| expenditures, but still surprising. It should be a separate unit and | |
| the expenses absolutely thought of as separate from the rest of the | |
| org(s). | |
| bgwalter wrote 8 hours 4 min ago: | |
| Sounds like DOGE, a resounding success! | |
| yieldcrv wrote 7 hours 47 min ago: | |
| yes, exactly like DOGE, even named a such within some orgs | |
| Lots of siloed processes tied together in a simple way neglected | |
| for decades solely because the political capital and will didnât | |
| exist | |
| gowld wrote 7 hours 41 min ago: | |
| Which orgs? | |
| zkmon wrote 8 hours 18 min ago: | |
| Meta should replace Mr Z with a bit sane person. At this point, he is | |
| like a mad emperor. | |
| bloppe wrote 4 hours 30 min ago: | |
| Zuck has unilateral majority voting power. This was probably a good | |
| thing during the financial crisis, but appears to be more of a | |
| liability these days. | |
| seizethecheese wrote 3 hours 17 min ago: | |
| Perhaps, yet itâs a $1.6T company nonetheless. | |
| PaulHoule wrote 2 hours 16 min ago: | |
| Management canât kill a company that dominates a two-sided | |
| market no matter how hard it tries â- this phenomena needs a | |
| catchy name, the âzombie dillemmaâ isnât quite good enoug… | |
| wslh wrote 8 hours 12 min ago: | |
| Would it be a successful business? That is what matters in the | |
| market. | |
| moralestapia wrote 8 hours 32 min ago: | |
| Even if both "sides" really wanted to get along, working with someone | |
| making 100x (if not 1,000x) more than you is poised to be a weird | |
| interaction. | |
| It must also be massively demoralizing, particularly if you're an | |
| engineer who has been there for 10+ years and has pushed features which | |
| directly bring in revenue, etc... | |
| Btw, | |
| >But Mr. Wang, who is developing the model, pushed back. He argued that | |
| the goal should be to catch up to rival A.I. models from OpenAI and | |
| Google before focusing on products, the people said. | |
| That would be a massive mistake. Wang is either a one-trick pony or | |
| someone who cares more about his other venture than Meta's, sad. | |
| micromacrofoot wrote 7 hours 32 min ago: | |
| He's not wrong, you can't compete against blue sky R&D if you're | |
| focused on making something profitable. It's the innovators dilemma. | |
| ozgung wrote 7 hours 8 min ago: | |
| I agree, classic innovator's dilemma. It's a new business | |
| enterprise, has nothing to do with Meta's existing business or | |
| products. They can't be under the same roof and mush have | |
| independent goals. | |
| zeroonetwothree wrote 7 hours 57 min ago: | |
| There was a similar dynamic when FB bought WhatsApp. Although I think | |
| people kind of forgot about it after a year or two. | |
| haliskerbas wrote 8 hours 29 min ago: | |
| same is true in many startups | |
| hkt wrote 8 hours 25 min ago: | |
| True enough, but do you think the usual level of disparity is so | |
| vast that it ends up on the front page of international press | |
| outlets? I'm thinking the $100m pay offers etc | |
| ralph84 wrote 3 hours 33 min ago: | |
| Happens with professional sports teams all of the time. I guess | |
| the difference is with professional sports the criteria for | |
| receiving the monster pay packages is a bit more objective. | |
| Sol- wrote 8 hours 39 min ago: | |
| > TBD Labâs researchers have come to view many Meta executives as | |
| interested only in improving the social media business | |
| That cannot have been a surprise to anyone joining. | |
| nayroclade wrote 7 hours 57 min ago: | |
| Perhaps not, but you can bet that they were told the opposite when | |
| Zuckerberg was recruiting them. Indeed, ring fencing the lab does | |
| suggest some real attempt to do it. | |
| mullingitover wrote 8 hours 30 min ago: | |
| Meta doesnât really have a social media business, they have an ad | |
| business thatâs driven by a massive dumping operation in social | |
| media. | |
| zeroonetwothree wrote 8 hours 1 min ago: | |
| That framing is silly. âNBC doesnât have a television business, | |
| they have an ad businessâ. âGoogle doesnât have a search | |
| business, they have an ad business.â âAmazon doesnât have a | |
| retail business, they have an ad business.â | |
| It doesnât provide any value to reframe it this way, unless you | |
| think itâs some big secret that ads are the main source of | |
| revenue for these businesses. | |
| worik wrote 5 hours 2 min ago: | |
| > âNBC doesnât have a television business, they have an ad | |
| businessâ. | |
| They do broadcast TV, the purpose of which is to display ads. | |
| That does make sense. | |
| > âGoogle doesnât have a search business, they have an ad | |
| business.â | |
| When Google started out, in the "don't be evil", simple home page | |
| days, they were a search company. It is hardly true any more, | |
| ads are now the centre of their business. | |
| > âAmazon doesnât have a retail business, they have an ad | |
| business.â | |
| Well, duh! Quite obvious these days. That is where they get the | |
| lion's share of the revenue, outside AWS. | |
| I am impressed, you hit the nail on the head! | |
| mullingitover wrote 6 hours 51 min ago: | |
| I'd contrast this with Flickr. Flickr was the original social | |
| network. They have a modest loss leader, a reasonable free tier, | |
| but nothing like the permanent money bonfire that the big tech | |
| firms operate. | |
| They were kinda the first real Web 2.0 social media site, with a | |
| social graph, privacy controls, a developer API, tagging, RSS | |
| feeds. | |
| I feel that they never really got to their full potential exactly | |
| because these big VC-backed dumping operations in social media | |
| (like Facebook) were able to kill them in the crib. | |
| If we're going to accept that social media is a natural monopoly: | |
| great. Regulate them strictly, as you should with any monopoly. | |
| nl wrote 2 hours 1 min ago: | |
| Flickr failed because they sold to Yahoo which was bad place to | |
| end up. But a successful Flickr would look a lot like Instagram | |
| Del.icio.us is the same story. Good product ahead of its time, | |
| bought by Yahoo and died. Could have been Pinterest. | |
| mullingitover wrote 50 min ago: | |
| Fair point, there's a good chance we'd be living in a techno | |
| utopia right now if someone was able to go back in time and | |
| prevent Yahoo from murdering so many promising startups. | |
| Conversely, if Yahoo had just spent the relative pocket | |
| change that Google was asking for back in the day perhaps | |
| we'd be living under the oppressive thumb of a trillion | |
| dollar market cap Alta Vista. | |
| rchaud wrote 7 hours 8 min ago: | |
| NBC produces their own content, Facebook and Instagram meanwhile | |
| are the equivalent of public access TV with ads. There is no | |
| unique "brand" that Facebook has, anything posted on there is | |
| also posted everywhere else. | |
| PaulHoule wrote 2 hours 14 min ago: | |
| Itâs crowded out craiglists and events boards. | |
| TZubiri wrote 7 hours 51 min ago: | |
| Restaurants don't have a food business, they have a charging | |
| people money through bills business. | |
| adventured wrote 6 hours 41 min ago: | |
| They're in the food micro delivery business. They deliver food | |
| from the expo to your table. Short hop logistics specialists. | |
| MangoToupe wrote 8 hours 23 min ago: | |
| What is the difference between the two? What kind of social media | |
| business is there other than selling ads? | |
| AndrewDucker wrote 7 hours 18 min ago: | |
| Mastodon is not ad funded. | |
| Dreamwidth has been about for fifteen years now and is entirely | |
| user funded. | |
| Scaling is harder. But you can have a niche which works fine. | |
| mullingitover wrote 8 hours 18 min ago: | |
| I know we're so defeated as consumers that we can hardly imagine | |
| it, but you could just...charge for the customers' access to | |
| social media network. Kinda like every other service that charges | |
| money. | |
| It would have the side effect of making the whole business less | |
| ghoulish and manipulative, since the operators wouldn't be | |
| incentivized to maximize eyeball hours. | |
| It's impossible to imagine this because government regulation is | |
| so completely corrupted that a decades-long anticompetitive | |
| dumping scheme is allowed to occur without the slightest | |
| pushback. | |
| musictubes wrote 3 hours 9 min ago: | |
| App.net was a wonderful experience with great developer buy in. | |
| It is also my understanding that it was operating at break even | |
| when it was mothballed. The VC backing it wanted Facebook | |
| returns. It was an amazing experience because it didnât | |
| depend on advertisers. I have no idea how it would have fared | |
| through Covid and election dramas but it remains my platonic | |
| ideal for a social network. | |
| christina97 wrote 3 hours 32 min ago: | |
| I hate the ad business model as much as the next person, but | |
| this is a pipe dream. Meta had ~$50b in revenue on ads last | |
| quarter, and 3.54b âdaily active peopleâ whatever that | |
| means. Thatâs in the order of $1/âdapâ/week, and there … | |
| just absolutely no way any meaningful proportion of their | |
| userbase would be paying that much for these apps. | |
| zeroonetwothree wrote 7 hours 58 min ago: | |
| Unlike most business, social media relies on having a high | |
| market saturation to provide value. So having a subscription | |
| model doesnât work very well. | |
| Of course perhaps itâs a bit different now since most people | |
| consume content from a small set of sources, making social | |
| media largely the same as traditional media. But then | |
| traditional media also has trouble with being supported by | |
| subscriptions. | |
| jeromegv wrote 8 hours 4 min ago: | |
| It's basically Mastodon. The infrastructure is paid by its | |
| owner and often relies on donations from their users. | |
| zeroonetwothree wrote 8 hours 0 min ago: | |
| Is Mastodon a business? | |
| dylan604 wrote 7 hours 43 min ago: | |
| Seems like Mastadon is just the Kitchen Aid of socials. | |
| Anyone can have their product(s), but not everyone can use | |
| them the same way. Those that use them better stand out | |
| from the rest to the point others might just stop using and | |
| the product just takes up space | |
| atonse wrote 4 days ago: | |
| When I read that the dude was asked to take $2b from reality labs and | |
| spend it on AI, I was shocked⦠that they were still spending $2b on | |
| virtual reality nonsense in 2025. | |
| That said, from what I understand, X is working on using grok to | |
| improve the algorithm. | |
| Why canât fb do the same and coexist? | |
| laweijfmvo wrote 2 hours 17 min ago: | |
| if you think Meta RL loses money wait until OpenAI goes public | |
| lawlessone wrote 8 hours 22 min ago: | |
| >from what I understand, X is working on using grok to improve the | |
| algorithm. | |
| >Why canât fb do the same and coexist? | |
| I'm sorry ,but what does this mean? Like are they prompting grok for | |
| suggestions on improvements? or having it write code? or something | |
| else? | |
| apercu wrote 8 hours 38 min ago: | |
| Meta prints money as an ad company but clearly resents being one. | |
| VR was a ~$100B+ attempt to buy pivot, and itâs generated | |
| ~single-digit billions in revenue. The tech worked maybe, but the | |
| vibe sucked, and the problem was that people donât want to live or | |
| work there. Also, Meta leadership personalities are toxic to a lot of | |
| people. | |
| Now theyâre doing the same thing with AI e.g., throw money at it, | |
| overpay new talent, and force an identity shift from the top. | |
| Longterm employees are still well paid, just not AI gold rush paid | |
| which is gunna create fractures. | |
| The irony is Meta already had what most AI companies donât in | |
| distribution, data, and monetization. AI could have been integrated | |
| into revenue products instead of treated as a second escape from ads. | |
| You canât typically buy your way out of your business model. | |
| Especially with a clear lack of vision. Yes, dood got lucky in a | |
| couple acquisitions, but so would you if you were throwing billions | |
| around. | |
| ribosometronome wrote 8 hours 27 min ago: | |
| >clearly resents being one. | |
| Do they? It seems to me that they're just aware that social media | |
| and the internet is trendy and they need to be out there ready to | |
| control the next big thing if they want to put ads on it. Facebook | |
| has been dying for years. Instagram makes them more ad revenue per | |
| user than FB but it's not the most popular app of its class. | |
| apercu wrote 6 hours 48 min ago: | |
| I may attribute this to a single individual in charge. I think he | |
| is very mad that he is an advertiser. | |
| lotsofpulp wrote 8 hours 23 min ago: | |
| I imagine Whatsapp contains a lot of potential revenue. | |
| matthewdgreen wrote 7 hours 52 min ago: | |
| A lot of potential revenue to be exploited by agentic AI, if | |
| you do things exactly right. | |
| loeg wrote 8 hours 47 min ago: | |
| Bro they spend $4B on RL every quarter. | |
| leptons wrote 8 hours 44 min ago: | |
| Well it's probably nowhere near the size of the money-pit that "AI" | |
| currently is in. | |
| nl wrote 2 hours 4 min ago: | |
| You realize that AI is driving huge advertising growth at Meta, | |
| right? | |
| > Meta, the parent company of Facebook and Instagram, reported | |
| strong second-quarter 2025 earnings, driven primarily by robust | |
| advertising revenue growth. Total revenue reached US$47.52 | |
| billion, up 22% from last year, with advertising accounting for | |
| $46.56 billion, an increase of 21%, surpassing Wall Street | |
| expectations. The growth was fuelled by an 11% rise in ad | |
| impressions across Metaâs Family of Apps and a 9% increase in | |
| the average ad price. Net income climbed 36% to $18.34 billion, | |
| marking ten consecutive quarters of profit outperformance. The | |
| Family of Apps segment generated $47.15 billion in revenue and | |
| $24.97 billion in operating income, while Reality Labs posted a | |
| $4.53 billion operating loss. | |
| > Much of this growth is credited to Metaâs AI advancements in | |
| its advertising offerings, such as smarter ad recommendations and | |
| campaign automation. Currently, over 4 million advertisers use | |
| the AI-powered Advantage+ campaigns, achieving a 22% improvement | |
| in returns. Building on this success, Meta plans to enable brands | |
| to fully create and target ads using AI by the end of 2026. | |
| (emphasis mine) | |
| [1]: https://www.campaignasia.com/article/metas-q2-ad-revenue... | |
| andy99 wrote 4 days ago: | |
| That team, called TBD Lab (for âto be determinedâ), was placed in a | |
| siloed space next to Mr. Zuckerbergâs office at the center of | |
| Metaâs Silicon Valley headquarters, surrounded by glass panels and | |
| sequoia trees. | |
| Hooli XYZ? Silicon Valley was over 10 years ago and it seems to have | |
| aged pretty well. I wonder if this is going to be like âYes | |
| Ministerâ that is close to 50 and still completely on point. | |
| paulbjensen wrote 7 hours 40 min ago: | |
| HBO's Silicon Valley was on point - they did their homework on | |
| nailing some of the absurdities of the industry. | |
| <- back to front page |