Despite having almost nothing to show from his enormous spending on AI, Meta CEO Mark Zuckerberg is doubling down.
  • late_pessimistic@slrpnk.netEnglish
    54 minutes

    Becoming a billionaire really does seem to get to people’s heads, the younger the billionaire the worse.

    Zuck is being completely reckless, burning through hundreds of billions of dollars hopping on every futuristic idea, and doesn’t listen to anyone’s fair criticism anymore.

    He probably even thinks he is some great visionary and everyone else is holding him back, and that’s why they work for him, not the opposite.

    In a sane socioeconomic system we wouldn’t people get this rich and powerful for their own good, especially young people.

  • BarneyPiccolo@lemmy.todayEnglish
    4 hours

    At least he didn’t have to spend all that money on higher salaries. How you boys liking the rocket game? I’m thinking about blowing a few dozen billion on that, just as a hobby. Not trying to make money off it.

    • cmbabul@slrpnk.netEnglish
      2 hours

      Which does piss me off, BUT the world would be better if we took Meta, Reddit, Twitter, and all the other social media giants and gave them the Ole Yeller treatment

  • flop_leash_973@lemmy.worldEnglish
    9 hours

    Outside of Facebook what has he been responsible for that didn’t blow up in his face? The only other things Meta has that aren’t thus far miserable failures are Instagram and Whatsapp, both of which they bought.

  • bad1080@piefed.socialEnglish
    10 hours

    amazing how many missteps you can make as a ceo these days without consequences…

    • matlag@sh.itjust.worksEnglish
      6 hours

      Tells you a lot about success and merit. He has absolutely no fucking clue what’s going to be successful and what won’t. He was just super lucky with Facebook.

      The reason he’s a billionaire is because the system is totally fucked up. He’s a bug, not a feature.

    • Tja@programming.devEnglish
      9 hours

      It’s what happens when you own a controlling share of the company. You can freely run it into the ground.

  • Taleya@aussie.zoneEnglish
    6 hours

    It wont matter four shits to him, its all just playthings

  • OldChicoAle@lemmy.worldEnglish
    7 hours

    Such a punchable face. He and his wife are evil people. Stains on humanity.

  • stoly@lemmy.worldEnglish
    7 hours

    I keep asking myself why he’s still there. Even Bezos retired at this point.

    • jrs100000@lemmy.worldEnglish
      3 hours

      The only way to get him out of the CEO chair is for him to retire or die. He never gave up voting control during the IPO and controls more than 50% of the vote.

  • dil@piefed.zipEnglish
    11 hours

    They are automatically putting ppls pictures in image to video ai without permission and advertising it back to them

    • a1studmuffin@aussie.zoneEnglish
      9 hours

      For real? That is some dystopian Minority Report level advertising right there.

    • Jax@sh.itjust.worksEnglish
      11 hours

      Shining a light on why rich people are the result of inadequacies in the system.

    • Lemmayng@lemmy.worldEnglish
      12 hours

      To be one of many examples of how a human can have net negative value?

    • Iusedtobeanalien@lemmy.worldEnglish
      2 hours

      I have to admit, I did wonder what his vr would look like and then he showed off something that looked like an early alpha release of a cheap second life clone in a giant global presentation, hilariously funny.

    • oh_@lemmy.worldEnglish
      18 hours

      Exactly. Zuck stole the original idea to Facebook. Then bought a ton of companies after that for innovation. He has no good ideas of his own, when he does think of stuff, they are wild big company pivots that fail.

      • rozodru@piefed.worldEnglish
        18 hours

        Zuck has never had an original idea in his head, ever. His initial claim to fame, prior to FB, at least on college campus’ was making a “hot or not” clone utilizing photos from various Harvard facebooks. Every idea since then has been someone elses or he’s tried to take the Apple approach of “let someone else do it first, then we improve on it” except he has never been able to nail down the second part. The only reason FB became successful was the initial exclusivity and it filled the gap of a post 20-something myspace/ICQ/AOL IM world.

        • stoly@lemmy.worldEnglish
          7 hours

          At the time the idea was super innovative and it was fun to see your classmate’s photos.

      • audaxdreik@pawb.socialEnglish
        17 hours

        I absolutely agree with you but I think that take is a bit short-sighted and undercuts just how evil this stuff is.

        Tom Nicholas did a Youtube video on the metaverse a while back (oh my god it was 4 years ago, https://www.youtube.com/watch?v=TM00M-dRMBk) and it’s been stuck in my head ever since. The pivot towards VR was an attempt to get even deeper ahold of our attention and what better way to do that than with goggles that are constantly in front of our eyes? The same with AI as it attempts to insert itself as a substrate layer of all technologies, and again with the smart glasses.

        It’s easy to dismiss these efforts as hilariously misguided but they’re not. They’re extremely calculated and he only needs it to pay off once to make everything worth it, and I think there are others that realize this as well. We just gotta keep praying that these efforts burn him out before they strike it big. I’m neither a praying nor gambling man, but praying is all we got right now to stand in his way and I wouldn’t put money on the certainty of Facebook’s failures …

        • protist@retrofed.comEnglish
          17 hours

          It’s easy to dismiss these efforts as hilariously misguided but they’re not. They’re extremely calculated and he only needs it to pay off once to make everything worth it

          Fortunately there seems to be a limit as far as what people are willing to tolerate. While I agree these moves are extremely calculated, they’re being calculated by people who are almost completely disconnected from reality and whose egos cloud their judgment at every turn

          • Dookieman12@piefed.socialEnglish
            15 hours

            Precisely. I make calculated decisions all the time. But I suck at math. Even “highly calculated” decisions can be very stupid. In fact, some levels of stupidity are only possible with some level of higher education.

        • Bluescluestoothpaste@sh.itjust.worksEnglish
          16 hours

          They’re extremely calculated and he only needs it to pay off once to make everything worth it

          Yes, someone else who’s actually intelligent will do those things but zuckerberg himself is a talentless bastard who won’t be able to execute those ideas.

        • mjr@infosec.pubEnglish
          16 hours

          Praying , and encouraging more refugees into the fediverse and threadiverse!

        • sepi@piefed.socialEnglish
          15 hours

          The moves are very calculated. But boy, is suckerberg bad at math. This calculation lost them 80 billion.