This is a most excellent place for technology news and articles.
Why?
Everything successful fb has done in more than a decade is copying or acquiring competitors.
Zuck has spent a few years setting $36,000,000,000 on fire building secondlife2, that nobody wants. The stock is down 25% in the last 2 years.
facebook is like google, both are advertising companies at their core. They both leveraged one idea to serve adds really well and have failed to produce anything new in house since.
Calling it verified is the only problem for a paid service. Name it Premium, +, anything else that implies a value added experience. But pay for verification is stupid.
Thank you. The verified word is the sticking point. If you're not honest, people won't believe you -- oddly enough.
Why?
Everything successful fb has done in more than a decade is copying or acquiring competitors.
Fair and accurate.
Zuck has spent a few years setting $36,000,000,000 on fire building secondlife2, that nobody wants.
Despite everyone wanting them to fail, this is inaccurate. They've sold as much Quest hardware as Microsoft sells Xboxes in the same time period, and those cost figures include hardware, and ALL their VR software, across multiple different games and apps. They did not spend that much on Horizon Worlds which is their failed second life clone.
facebook is like google, both are advertising companies at their core. They both leveraged one idea to serve adds really well and have failed to produce anything new in house since.
Again, fair and accurate, though missing the mechanism for how this occurs. Because they're advertising companies, they're great at tracking users and prioritizing market research. This is what makes them great at copying stuff, because they're very very good at using market research and user data to determine which are the features actually worth copying.
What is they are "verifying"? That the account holder had 12 or 15 bucks to throw away?
The way it was meant to be, when social media started doing that, is that it verifies your identity. You use your real name (or stage name, or business name) in the account, and they "verify" it actually belongs to you and not an impostor.
Now instead, it verifies that you paid the fee, and your account name could be Napoleon Bonaparte for what they care.
For the same price as an entire TV subscription where you can watch hundreds of shows and movies, all month if you'd like, would you like to have a few pixels change next to your name and have your experience be almost entirely the exact same as it is for free?
These people are out of touch
Does anyone remember being around people, when you were a kid, that awarded you behavioral stickers that are holographic and had various shapes like stars or animals?
This is exactly what this stupid verification thing is about. OoOOOoO, I'm so special that I got a fucking checkmark next to my name and I actually spend money that could've gone to something else worthwhile just to keep it! /s
I feel like we're in a world where all of these companies are fronted by childish adults that treat all of their userbases like these kinds of kids. But they pretend that they're adults because they do business things.
People on Threads are still delusioned that it's different from Twitter lol
The irony of this being posted on a reddit clone...
Why? Lemmy is not just a clone. It's fundamental rework of the platform. With Threads it's exactly the same thing just a different billionaire.
Elon managing to collect monthly fee for basically a jpeg, is definitely not worst of his business moves.
I dunno, it delegitimised the usefulness of Twitter somewhat. Now you can't be certain that the NASA account that announces an apocalyptic asteroid is real or not.
Long term effects are really of no concern for modern CEOs, that's not exclusive to Elon that is modus operandi.
