Victim of Communism

  • 29 Posts
  • 2.74K Comments
Joined 3 years ago
cake
Cake day: June 14th, 2023

help-circle













  • There’s a certain merit to posts with high interactions getting a higher priority to posts that were sent more recently. I didn’t enjoy the Facebook spam that started popping up as people gamed the system. 10,000 “Your friend is playing Fart Hospital! Your friend just pooped himself in Fart Hospital! Your friend has made an Epic Fart at Fart Hospital!” posts because someone didn’t realize the game they were playing was posting to their feed.

    But they got the Reddit disease, where engagement was everything. And then you started losing sight of media you cared about under a pile of Shrimp Jesus clickbait.

    I think, at the end of the day, the Facebook internal metrics changed from “Are our users happy?” to “Are our users meth addicts?”


  • There’s a (possibly apocryphal) story about Zuckerberg originally being very resistant to turning Facebook into another Yahoo or MySpace or similar ad-swamped interface, on the grounds that it would scare people away and create a drag on growth. It even got a send-up in The Social Network movie.

    Whether this was an intentional business strategy or a second order effect, Facebook was originally one of the cleanest Web 2.0 sites. They did a genuinely pretty good job of focusing on media you were flagged as caring about and showing you activity of friends and family who you wanted to follow. More savvy early users even commented on how creepy Facebook could get, precisely because it could find your friends better than you could and bait you with interactions that drew people together.

    The modern iteration of the company is so far away from what it was originally designed to be. The Shrimp Jesus clickbait era Facebook might as well make it a different website. I cannot imagine anyone seeing this site coming into college Freshman year and finding anything that makes it appealing.



  • Despite the popular fantasy, the rich and powerful are not stupid.

    Uh… famously untrue. Mental illness has plagued monarchs, pharaohs, and caesers for millennia. That’s long before you get to all the quirked up white boys and trad rad girl bosses currently running things.

    You don’t know more about a company or market from passively consuming headlines than the leadership of that company.

    Okay, but you can review their balance sheets and their primary lines of credit. Case in point, Sam Altman is heavily reliant on three big financial partners - Softbank, Oracle, and NVIDIA. Two of these are - themselves - hemorrhaging money thanks to large capital outlays that have failed to produce substantive returns.

    There are finance journalists who get out ahead of this and report their own analysis. And you can find that in a thousand different private journals, substacks, and podcasts. But you can also go do the grunt work yourself if you’re ambitious.

    OpenAI’s financials have been disclosed already (although the official SEC filing is still upcoming). So… just read them if you doubt what you’re reading in the news. But it’s not some kind of secret that the business is operating at a loss, with a fixation on debt-fueled growth. The argument is over future projected revenue, which isn’t something business leadership can be any more certain of than a passive media consumer.

    I definitely get the knee-jerk impulse to announce “business professionals know more about business than internet idiots”. Because, sure. True. But the idea that business professionals don’t routinely make bad decisions has some pretty historic well-established counterpoints.

    “The business people know more” line is akin to saying “This used car dealer must know more about the vehicles on his lot than I do, so I can trust him”.



  • the distinction between opinion pieces and news.

    In fairness, media consolidation, rampant native advertising, and deluges of “infotainment” have made this distinction increasingly blurry.

    I don’t know what to do about it, either, as people have shown they will always vote for the instant gratification of it

    A lot of the information is pure junk, consumed entirely for recreation. What’s to be done with people who watch the equivalent of telanovellas labeled as Breaking News?

    Even when information is ostensibly useful, there’s the endless debate of what to do with it.

    I see this Shepherd’s Tone coverage of education and intelligence, as though highly educated and deeply curious people had some sort of profound influence over the world twenty years ago that we’ve lost today.

    If anything, the endless “everyone is getting stupider (except you, sweet beautiful reader)” seems to play directly into the narrative that democracy doesn’t work and submission to authority is the logical choice.