137
Meta’s vision for Threads is more mega-mall than public square
(techcrunch.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 09 Jul 2023
137 points (94.2% liked)
Technology
34448 readers
616 users here now
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.
Rules:
1: All Lemmy rules apply
2: Do not post low effort posts
3: NEVER post naziped*gore stuff
4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.
5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)
6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist
7: crypto related posts, unless essential, are disallowed
founded 5 years ago
MODERATORS
I'm talking about their new apps. Like Threads, Metaverse...
Facebook, Instagram, and even YouTube only work on momentum. Facebook is clearly running out of steam and lost almost all relevance in the younger (that is, under 50) population. Instagram can still catch a large audience, but the young people already switched to TikTok.
All in all, the old cash cows are slowly drying up and there's nothing new coming.
Yeah, Zuckerberg wasted a ton of time and money on the Metaverse stuff, but they're still insanely profitable and they seem to be turning it around. I'm not happy about that because I was hoping they'd fade away to irrelevance, but that doesn't seem to be the case.