After enough chances, yeah. Zuck probably has a few more big mistakes to go before the stock price is crushed and flat lines for awhile… in that environment a change of CEO would be needed.
Meta, Reddit, Twitter, they're staying around. Too much of the population has been captured in those places and is too passive and docile to seek out better options. The disruption we've seen in the last with social networks won't happen anymore. These places are so bad already that there's no reason to think the remaining people will leave for any reason.
Meta is the smallest but also the most profitable of the FAANGs in terms of percentage profit margin at 30%, vs 25% for Apple and Google and much less for Amazon and Netflix. Their position in social networks is a license to print money and unless humanity goes fully autistic all of a sudden, this is unlikely to change, technological shifts notwhitstanding.
The one thing that can kill them is the fact each successive generation avoids their fuddy-duddy parents' social network, so Boomers and Gen X are on Facebook, Millennials on Instagram and Gen Z on TikTok. If TikTok had been killed as was originally the plan, they would have benefited massively, but Trump does not trust Zuck and made sure it went to his son Barron and the Ellisons.
From where I stand this thing is going to provide great leverage to those who don’t simply just write code. I personally doubt the thing will ever get to a place where it can be trusted to operate alone - it needs a team of people and to go super fast you need more people.
Moreover, the price won’t be high due to competition.
I’ve changed my view on LLMs as being good, as long as competition is fierce.
Fair. But finally we are seeing what LLM proponents are putting forward.
And it’s exactly what I expected - lines of code. Cute. But… so what? This is not good for the AI hype and nor any continued support for future investment.
On the other hand all this stuff is going to drive continual innovation. The more tokens generated the more model producers invest. And we might eventually get to a place of local models.
I have the opposite experience, the amount of AI boosters deriding the less enthusiastic, gleefully exclaiming how someone will be "left behind" if they don't immediately adopt the latest hype cycle, or sharing AI slop and either embellishing or outright lying about it's capabilities is making me want to log off forever. "Handwritten code? Don't you only care about providing maximum shareholder value?" No.
Don't do that, just avoid answering the "non-believers" or whatever they are called. Your comments are insightful for me (and for a lot of other people, I'm sure). You don't need to prove that they are useful, just comment about your experience and ignore them. It's like arguing about religion trying to make the other person to flip their beliefs (a waste of time for everyone involved)
I guess you're right, I really need to get better at ignoring some people. It just really got to me today because someone else looked at one of my projects for two seconds and decided to tell me off for it being "insecure" and "slop", and it kind of ruined my day.
