10 Reasons Zuck's Comeback is Unstoppable

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ABOUT JOHN COOGAN:
I am the co-founder of soylent.com and lucy.co, both of which were funded by Y Combinator (Summer 2012 and Winter 2018).
I've been an entrepreneur for the last decade across multiple companies. I've done a lot of work in Silicon Valley, so that's mostly what I talk about. I've raised over 10 rounds of venture capital totaling over $100m in funding.
I work mostly in tech-enabled consumer packaged goods, meaning I use software to make the best products possible
CONTACT:
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Disclaimer: This video is purely my opinion and should not be regarded as a primary source. I am not a financial advisor and this is not a recommendation to buy or sell securities. Always do your own due diligence.

[@Gabriel-ms6qw]

Facebook is really popular in Asia/Africa, also with older population in the western world.

[@oneshortgamer2540]

and europe

[@clemente_01]

Also in Latin America

[@uku4171]

I'm in Europe and all my friends use it for Event organization, groups, and keeping up with friends and family. Also Marketplace.

[@excalibro8365]

@@oneshortgamer2540 Only in SE Asia and South Asia. FB is basically dead in East Asia.

[@oneshortgamer2540]

@@excalibro8365 in SE FB was always dead because countries have their own social media platforms but if you include Instagram and Messenger it is still pretty popular

[@juliusfucik4011]

I stopped using FB 6 years ago. Did not miss it for more than a day or two.

[@apegraham9819]

i go to work and see colleagues using it and i'm not moved just a bit to even go back. stopped using insta, never being on tiktok, no snap, and deleted twitter the beginning of this year. i'm left with whatsapp which i want to stop but my workspace is the reason i still use it.

[@Krimo]

@@apegraham9819bro wants to isolate

[@singular123er]

why though@@apegraham9819

[@rochester3]

i bet you use whatsapp lol

[@shayalynn]

Same. It’s been probably 6 or 7 years for me. No regrets

[@MrlegendOr]

A year without Facebook and Instagram. One of the best decisions of my life. I'm definitely going to renew this experience.🙃

[@Jake3eee]

3 years social media blackout 🎉

[@eldorado3523]

No facebook since 2017, no instagram since 2019, haven't missed it at all

[@sohaelchowdhury2061]

Same here and felling better

[@Ozymandias1]

I spent 27 years of my life without internet and mobile phone. I even used a typewriter and a rotary phone. Now I'm not sure I can go back.

[@charlesdean03]

agree and that is what I did as well... I am happy with my decision.

[@Bruno-xb2mt]

Facebook in the west is still going strong thanks to groups, marketplace and events. As a car guy a lot of people buy and sell cars and parts, find solutions for their car on groups dedicated to its type and find out about car related events on and i’m guessing people with other hobbies/interests use it the same way

[@FearNoevil-o8d]

I actually performed a black magic ceremony to give Mark Zuckerberg the worst luck, known to mankind

[@pillow2k]

Tiktok are much better in marketplace, most facebook seller are scammer/fake items different from what they posted. etc. etc. Tiktok marketplace are much better, better than Shopee and Lazada, its more like a Home TV shopping where seller can demo their products live and the buyers can see the actual products.

[@kickoGaming]

Facebook has helped me a lot with my business. Facebook despite their issues does have really good community groups and market place

[@VenturiLife]

I'm actually shocked Facebook doesn't have better competition in the space.

[@roozki808]

Facebook is literally one of the most cancerous businesses in the space. I agree, I am surprised nobody else has come along and taken their torch… I assume most people are just worried the next company will end up just as shady. And these days I would also assume that the majority of Facebooks active users are either aging people who recently figured it out, or underdeveloped countries where they appreciate being able to connect with people all over the world. I personally don’t even feel comfortable with facebook/instagram anymore, theres no point in using stupid social media apps that enable shady individuals to rake in billions.

[@yourmommashouse]

That’s because they buy the competition. If that doesn’t work, they steal the ideas of the competition.

[@johnl.7754]

They purchased the best competition

[@clemensnader3865]

@@johnl.7754 Which would be?

[@SecularDarwinism]

Monopolies :)

[@benten42069]

Facebook has become a place for ads. My feed is 90% filled with advertisements, there's no incentive for me to use it.

[@PetePhD]

I take issue with the use of "losing" instead of "spending" or "investing" when decribing the amount of money they are putting towards building a new part of their business.

[@joelcoll4034]

​@@ray-mc-levery investment has a risk, that doesn't make it a bet

[@DJ_POOP_IT_OUT_FEAT_LIL_WiiWii]

He crossed the line into "wasting" that money.

[@NewsRedial]

All investments are bets.@@ray-mc-l

[@_srz_9742]

​@@joelcoll4034it is the définition of à bet, and talking à bet doesnt mean its necessarly negative, you seems to associâte à bet to only online casino or loterie 😂

[@uku4171]

@@DJ_POOP_IT_OUT_FEAT_LIL_WiiWii Lmao no

[@Well_Earned_Siesta]

Most Americans have no idea how popular Whatsapp is outside of the US. It's *the* default communication app for _everything_. When I lived outside the US, it was how everyone communicates; not just with your friends, but also the landlord, work communication and calls, the bank, the tailor, restaurant reservations, even government communications. No one even asks if you have Whatsapp, its just assumed.

[@uku4171]

Crazy how out of touch with the world some people are to think Meta is dying. Not only are their old businesses still thriving but they are innovating in new fields that will so obviously be the most important technologies in the near-future.

[@segoiii]

Spaming users with crap and scams is called innovation ?

[@uku4171]

@@segoiii Learn reading comprehension

[@segoiii]

@@uku4171 No. I just compare FB to 10 years ago. Back then people used it as a social platform. Nowadays people don't post anything. Most profiles stopped 5 - 10 years ago. And the gap has been filled with garbage. This has nothing to do with my understanding, it's just a fact. And Meta basically disqualifies itself being a future Platform because they are scamming their own userbase with known scams masked as ads. Which means that Meta cannot be trusted anything. Especially not our future.

[@FairBeautyEssentials]

Well, I can honestly say I removed every single one of these apps from my phone. Deactivated all my accounts. Yes it was fun when I was in my early 30s. I am 44 no. Too old for this. I have no energy and I am just overwhelmed and tired of all of it. What really killed it for me is that I am just disgusted how Zuck continues to copy every single app and or he would go buy them out right instead🤮It’s like we can never get away from him… I use KZbin because KZbin to me is like TV, it’s nothing but a bunch of videos on KZbin, I can deal with KZbin. Social media, I’m over it!

[@FairBeautyEssentials]

@@warrenarnold hey

[@punbug4721]

I removed FB in college bc it was taking too much of my time. Also my phone was aging, and the FB app was absolutely huge compared to my phone's storage limit. Since then, I've learned about Zucc's aggressive data scraping and advertising, and as a result I've never looked into jumping back into his products.

[@carlosnorris352]

I moved to a new state and I don’t stay in one place. But FB was telling me to prepare for new coming elections in my new state. Took me a while to figure out how they knew since I never updated anything on my profile. Then I realized they kept record of my credit card transactions from marketplace. To top it all, they blocked my account a few months later and requested me to submit my driver license or passport to prove it’s me. I think it was a blessing. I deleted the app. Did the same with instagram and wish I could do remove WhatsApp too. But have too many customers there. Phone battery last twice as much now.

[@FairBeautyEssentials]

@@IknowWhatIbelieve right. SM in general. But I am disgusted how Zuck keeps he will try copy every single app or he’ll attempt to buy it. It’s awful🤮MONOPOLY.

[@ThaTrisme]

Instagram became from a happy nice anti bullying social media to ... If you know you know, it's a disgusting racist bullying hate speech app but I deleted it today because I don't use it at all and I deleted Facebook a while ago I downloaded Facebook again because I thought I would like it once again but it didn't last I had to delete it cause it was making me feel tired I still have WhatsApp but I hate the fact that mark also owns this and it's the only way I can communicate with my therapists and loved ones

[@OpenSourceLowTech]

I admin a couple Facebook groups. It's the most broken software on the internet. Nothing works, the interface design is pointlessly inept, the community standards AI is a literal 90s era straight keyword lookup list with zero capacity for context, most of the official boilerplate has basic spelling and grammar errors, and if you're a spammer you essentially have free reign. Marketplace is essentially 100% scams, and even their advertising platform is dysfunctional to the point of being actually quite unsafe. Meanwhile hate speech runs unchecked and the platform is implicated in current ongoing actual warcrimes because they don't want to pay for the staff required to prevent any of this. Every group and page admin is pretty vocal about how much we'd love to quit the platform entirely, our communities in tow, the millisecond any viable alternative becomes available. The only thing FB does well is be a monopoly. I can't wait for it to die.

[@1MinuteFlipDoc]

reddit?

[@ryanreedgibson]

Assuming a company is "dead" because you don't like it or you think it "feels boring" is as moronic as it sounds. Both are not technical terms and your feelings mean nothing. The market value of it's shares could almost mean nothing as well because it has little to do with fundamentals.

[@Scion141]

Yep

[@donutsarecute5209]

In my country, the Philippines, Facebook is still very popular as well as WhatsApp being popular in Indonesia and India.

[@alyasVictorio]

Oo nga eh! Ligtas pa doon 'di tulad ng Twitter/X (kung saan nawala sa atin and vtuber na si Pikamee dahil sa Twitter cops nayan) English TL: Yeah! Way safer here unlike Twitter/X (where we lost a vtuber named Pikamee because of these Twitter cops)

[@pillow2k]

Facebook only popular coz we have no other choice. LOL! Marketplace are full of scammers so its not advisable to use it to buy something, its better to use Tiktok which is much more better than shopee and lazada. The only useful in FB are messenger and fb group but most fb groups that im in are now dying they migrating to discord.

[@pillow2k]

@@alyasVictorio How can you say ligtas duon? Eh karamihan video dun puro kabastusan content, and isa ang FB na compromise ang mga user accounts. Ang dami pang Fake Accounts, Posers, etc. etc. Pare pareho lang sila na kumukuha ng mga informations ng users para gamitin sa algo nila, kaya paano mo nasabi safe ang FB LOL! At nakalimutan mo ang dami rin Bullies sa FB lalo na sa mga FB Groups kapag pinag tulungan ka at pag tsismisan wala ka laban kasi ki-kickout ka nila sa group hahaha!

[@gwnifer3355]

WhatsApp isn't profitable

[@gouthamkm7510]

You are right, he is rentless. & fb is alive because of fb groups. So you should mention the recent quality of metaverse increased drastically in the interview of lex Friedman

[@hydoffdhagaweyne1037]

Sure, I was suprised that John skipped the part about the Metaverse getting super realistic.

[@adamhenriksson6007]

Wasn't that just fancy Facetime? If everything with a digital avatar is metaverse then we can call MSN and Skype metaverses. I only watched a part of it fyi

[@cadmunn]

In my smallish town our fb group is how we get all the scoop on what’s going on. Plus marketplace is like a yard sale. I go to fb to sell anything before eBay or the alternatives

[@nonefvnfvnjnjnjevjenjvonej3384]

nobody cares about metaverse. fb is dying, its just dying slowly

[@uku4171]

Lol what. It's not the "quality of the metaverse". It's Codec avatars. First people called Horizon Worlds "the metaverse" and now Codec avatars. No wonder people think Meta is dying when they have no idea what it's actually doing.

[@mrchefcheck]

My friends and family are all still on it constantly. It's super easy to set up events, group pages and group messages. No way we're stopping soon.

[@Bitcoin1y]

All you're doing is making Meta Platforms Rich. YOU DID THIS. I hate Meta Platforms. Market capitalization of Meta Platforms (Facebook) (META) Market cap: $815.61 Billion As of October 2023 Meta Platforms (Facebook) has a market cap of $815.61 Billion. This makes Meta Platforms (Facebook) the world's 7th most valuable company

[@OYT0724]

19 minutes into the video I finally realize this was just a 20 minute long Mark Zuckerberg Ad LOL

[@Harith21AL]

Actually indonesian gen Z are quiting Facebook but as the smartphone getting cheaper and cheaper everybody start to using smartphone and the majority Facebook user now days are older people who recently got their first smartphone

[@VenturiLife]

What platform are they moving to from Facebook?

[@Harith21AL]

@@VenturiLife it's TikTok of course

[@firstgenerationbillionaire]

​@@Harith21AL but Facebook and tik tok are not similar in any way

[@Harith21AL]

@@firstgenerationbillionaire yes, but now the trends are shifted away from posting text and photos to a short videos

[@oneshortgamer2540]

@@Harith21AL when people will get sick of TikTok they will all be storming back to fb but most people who has tiktok can also have fb account

[@neilbakangmodise232]

Dude, I thought about this a while back, how come they say, "the US Dollar is dead" "tesla is dead" "Netflix is dead" and I thought to myself, things that big don't just die overnight, unless someone royally messed up at the top. And that is not common.

[@mrblueblack]

People just want things they dont like to die simple as that. And most people are sheep who will believe anything the media tells them

[@thatsguy1111]

Facebook hasn't died overnight, it's a slow decline of becoming a social media retirement home. Name me all of the 14-19 year olds which actively use Facebook. And then compare said number (if there is one) to their other social medias.

[@neilbakangmodise232]

​@@thatsguy1111 I don't necessarily see it as a decline per se. Facebook has probably hit the peak of its market share with about 3 billion users. Concerning the younger crowd, it's true that 19-year-olds aren't active on Facebook daily, but that doesn't automatically mean a decline, the appeal is not just there. But, Facebook is still in a way capturing that demographic in Instagram which I think we can all agree is not as popular as it was before, but non the less you get my point. There are numerous factors at play in the Facebook machine, and it's doing better than ever. Just look at their ad revenue, which is thriving despite the drop in usage among the younger demographic.

[@Gayhan-]

Zuck won’t sleep with you Lil bro

[@Kbxbigbro808]

Comment section is really triggered over the facts 😂

[@sanjarproductions]

thats the reason why I STARTERD TO LEARN TO CODE , the young generation will take over !!!!

[@videosplus7750]

if it wasn't for facebook marketplace, so many people would have left the platform.

[@Kbxbigbro808]

Good thing it’s got it then

[@GDTRFB]

Only reason I keep it is for specific groups, and marketplace. Aside from that, I don’t care what people do in their day to day life anymore

[@earlgrayman982]

The endless growth strategy companies employ is not only not working, when it fails, it will spectacularly.

[@yamiomo7392]

feels great not using social media, I have a small discord account for friends whom i've already met and get along with, and thats it

[@Kbxbigbro808]

Your on KZbin, a social media service

[@expensivepink7]

im glad your channel was recommended, rlly like this video - subbed :)

[@jdnaveen321]

If you look closely reels might be in his plan for long but the launching time of it was spectacular like india banned tiktok and i never seen meta products launch here first before, we were so addicted to tiktok but after ban crazy tons of ppls looking for alternative thats right when reels launched here and in brazil

[@CreativeMindsAudio]

With the decline of twitter a lot of people are going back to FB and instagram. I think this is part of it. I still use facebook as a primary traditional social media, but i don't use it that much compared to other more modern platforms like discord. no ads, no data mining, less spam, feels safer and better.

[@ThaTrisme]

​@@bluebull399don't worry about discord it ain't for me either

[@hander__s]

ngl, twitter/X is wild whoever you want to believe it or not

[@X862go]

the quest 3 is actually crazy impressive

[@porthose2002]

Love your content, John.

[@adamhenriksson6007]

The problem with the idea that Zuck will gain an advantage in the metaverse space by using generative AI is twofold. Firstly, the prohibiting factor is still and always will be adoption. The initial adoption will be too slow and the upgrade cycle for consumers will likely also be too slow (outside of enthusiasts). Secondly, their advantage is not an advantage cause their competitors are not social media companies, but actual game companies with access to the same technology. Zuck absolutely cannot compete with game companies since they attract some of the most highly skilled generalist designers and engineers in the IT industry. Neither on quality, nor on cost.

[@joelcoll4034]

Zuck used his old reliable strategy: buying VR gaming companies

[@adamhenriksson6007]

omfg we live in the worst timeline

[@uku4171]

What? How are his competitors game companies? Meta is providing a platform for the games and applications as well as the hardware. The game companies are gonna make HIM money.

[@adamhenriksson6007]

@@uku4171 That is if their stated mission is to provide a computing platform. In that sense, it is true. If their goal is to provide an immersive social platform for VR (metaverse) they are in direct competition with multiplayer game developers. Game companies have been working to create these types of social spaces with hooks to keep people coming back for as long as there have been multiplayer/MMO games. There are regular MMOs, there are MMO games like Second Life, there is VR chat, etc. which aims to provide an immersive social experience. This is clearly in direct competition with Meta's metaverse unless they penetrate the business market (somehow lmao)

[@uku4171]

@@adamhenriksson6007 are you calling Horizon Worlds "the metaverse"?

[@beowulf2772]

America doesn't realize that Facebook has users abroad haha

[@nofoxmedia]

America doesn't even realize there are people abroad

[@chillinthailand]

There's no other social media platform that lets you stay in touch with all your friends, sharing all types of content and having your friends chat on your posts.

[@FairBeautyEssentials]

No, there isn’t, but there are cell phones. And mass majority of us humans have one. We can FaceTime with our family members. We don’t need to be on these apps to do such thing “stay in touch”. We can text our family member and we can send them photos via phone or email. I don’t know why us humans rely on these platforms in order to do so?! Baffles me and makes absolutely no sense🙄 Furthermore, family does not even care about this yet we keep saying that? Spend some time off of it and let’s see how many of our family members will really call us about it? Let’s test and see…

[@chillinthailand]

@@FairBeautyEssentials I'm 56 and have lived and worked in 7 countries. I went to 5 schools in 3 countries. I have well over 1000 close friends who I stay in regular contact (people I've known for upto 50 years). This includes people I was at school with 50 years ago, to people I worked with in the many companies I've worked at around the world. To people who I made friends with through just having a great social life. Even the 200+ women I've dated. There is no way I could call even 10% of them with any regularity.

[@iseeu-fp9po]

@@chillinthailand Doesn't that only mean that those people you're not in contact with anymore are no longer relevant to your social life? I have hundreds of people on my FB friends list that I never talk to and that are only artificially still "in my life". The truth is that even if we might have had some social interaction years ago, we no longer really care about each other and are really just using each other to get one more friend on our friends list, or we have simply forgotten we were connected through Facebook years ago. The ones that truly matter to us don't need a superficial app to keep in touch. Also, receiving people's "perfect life" posts, especially those you no longer keep in touch with, is just noice really.

[@chillinthailand]

@@iseeu-fp9po so you just forget about your friends if they move too far away to see them every day? What happens when you fly to another country where there are people you used to be great friends with? Do you not want to catch up with them?

[@Py687]

​@@FairBeautyEssentialsTexting (SMS) is less reliable than chatting on the web, and it's also barely used outside the US. You're also forgetting the extreme ease, convenience, and usefulness of being able to seamlessly switch from text, voice, and video all within the same app. As well as posts, comments, and photos.

[@somerandomfella]

Deleted Facebook years ago. Best thing I've ever done. Going to stop using Whatsapp & Messenger once a new competitor gets released.

[@LightSourceTemple]

Did you miss the part where FB buys the next biggest competitor

[@PassportGaming]

Telegram is better but Twitter offers encrypted messages so I prefer it. Zuck likes to peep on people's messages

[@hongkongsportschiropractic7340]

So basically you're still using Facebook

[@SanjayRamaswamyWolvie]

Signal is a WhatsApp alternative built by WhatsApp founders. Why aren't you using it?

[@cherubin7th]

The main competitor is Signal.

[@JLydecka]

Anyone else think it's weird that OpenAI isn't open source? 🤔🤔🤔

[@Hollowdude15]

It's suprising that they ain't even dead yet when some of people are not using their apps and great video man :]

[@PlanetFrosty]

End of the platforms is near! Distributed personal hosted Virtual Machines and globalized data needs no platform.

[@sandeepakariyawasam5216]

it's only dead in developed countries, in third world it's the most famous and possibly the only social media

[@j562gee0hdeewestsdegethemuLa]

Facebook is the ultimate yellow book I don't even need all my friends numbers anymore because I can just find them on there most likely. It makes me wonder how different the world was before it existed , literally after high school if you don't have the person's number or address that's most likely the last time you'll ever see each other unlike in today's society like the connection I have with many can still be on high school level because of FB feels like we never graduated because the circles still are attached thanks to social networks

[@nevrlow]

Zuck is doing a disservice to humanity.

[@allemagneproducer]

And u dont participate? U dont use fb? Whatsapp? Keep blaming others^^

[@prakash_77]

Great video. Kept me hooked till the end.

[@upvotecomment2110]

Please educate me about the hate with Meta/Facebook. I don't understand it Knowing Edward Snowden drama... we all know the risks of the internet by now. If you think it's a risk don't engage (no likes, shares, or comments) open it only to keep updated with people you like, that simple. In my opinion, at this point. It's your fault for posting/sharing your personal data on the internet

[@ijeomatochukwu3497]

You create valuable content .Thank you

[@linaraepaksa]

in my opinion, the problem with zuk is that he hasn't earned trust. and based on his actions he can't be trusted. so i don't trust him or any of his companies. not meta. certainly not facebook. or any of the others. and if recent history is any indication, most likely will not ever in the future

[@eruno_]

tbh what companies can one trust in the first place?

[@mrblueblack]

@@eruno_ exactly theyre all the same. You might prefer one over the other but they're all the same. Whether its google or meta or apple

[@cheery-hex]

It's not hard to not go out of biz when you're created and funded by the CIA

[@benbennit]

Facebook marketplace is awash with scammers and bots.

[@oneshortgamer2540]

in America probably because you all are scammers anyway in europe and most likely whole asia its really great in my country marketplace simply replaced all old sites that were made for people to sell their used or new goods

[@storyco2000]

Insanely epicly edited intro, feels like a movie.

[@damssen3234]

I don’t trust zuck’s user and bot numbers. Throwing spaghetti at the wall strategy and company name changes just shows they know the end is near and a pivot means life and death at this point. Balance sheet is still good until it’s not. Users move fast nowadays, no real moat. Disruption imminent. Zuck’s ‘determination’ is a liability. The Metaverses’ success has become personal and he’s surely surrounded by yesmen.

[@chiefenumclaw7960]

It's 1 big advertising scam. User #'s, ADU's, engagement... it's all fake. I'm inclined to believe that over 3/4 of the comments are from bots. Twatter confirmed this.

[@dennisp8520]

There is one product that really is gunna be hard to replace though and that’s WhatsApp. People don’t switch messaging platforms that easy

[@dsp4392]

Throwing pasta at the wall is Samsung's entire business model and they're thriving. Facebook might not be the most exciting business, but boring business is often the most lucrative. Continuous Innovation is the fastest way to bankruptcy.

[@uku4171]

Obvious nonsense.

[@chiefenumclaw7960]

@@dsp4392 Is that you Tim Apple?

[@fluid1614]

Zuck low key top 5 CEOs to ever do it

[@blakryptonite1]

Yeah i always felt bad for facebook advertisers after Apple stopping tracking. It negatively impacted small businesses. The villains like TikTok were still able to track. Facebook does creepily collect data, but when you really look into what the data is used for, it's not all that bad.

[@mechajay3358]

I don't care if Meta/Facebook succeeds or flops. I left that social media a long time ago

[@Kbxbigbro808]

Meta isn’t a social media sooooo good job lil bro 😂

[@dylanh3712]

I know that Americans are stuck on sms, but the rest of the world doesn't see WhatsApp as a social platform like you said, the rest of the world uses it like sms, but its just the next generation after sms.

[@MrStinkyPinky8]

It's easy when your CEO is an alien

[@squareeyes1117]

Bro's knees are going red.

[@doublesushi5990]

😂mannn

[@esgosar]

❤ if you invested in the valley

[@allemagneproducer]

When u broke asf ❤ xD but wp mate!!

[@Smokedship]

I think you very conveniently omitted the fact that generative AI and Midjourney specifically, creates images based off of stolen artwork from actual artists who have slogged their a**es off to learn what they have... and it does so without any attribute to the original creator.

[@pablopoirot3786]

Great analysis!

[@finfan83]

Everyone claims there is nobody using Facebook, and there still isn't enough time in a day to browse all the content that gets posted there. True, much of that content comes from specified groups focusing on various topics, not from the individual people's posts. But that's still not dying as in "only these rolling bushes are there, pushed around by howling wind".

[@StrongBarnes90]

Facebook really is lame AF nowadays. Whenever Im in my feed on KZbin I see cool and funny stuff and whenever I go on Facebook I see arguments, police violence, and pointless triggering drama videos. It's a total shithole.

[@logans3365]

I don’t like meta, everything there company stands for makes me sick, but you just can’t beat the power you get out of their VR headsets for the price. I hope someone else comes into the market to compete, but for now meta is the VR king for the common man.

[@DigSamurai]

Most people fail to grasp the true potential of Zuckerberg's metaverse strategy, but it is not a mere gamble. The fact is, human connection has the power to drive trillion-dollar businesses, and Zuck understands this. The new Quest 3 boasts impressive augmented reality capabilities, including gesture tracking like Apple's device. While many focus on the visual aspect of the metaverse, Zuckerberg recently demonstrated with Lex Freedman a method for creating avatars that are indistinguishable from real humans. Though scanning avatars currently takes time, this is just a computational challenge that will be resolved. Once lifelike avatars are integrated with other AR tech, businesses will be willing to pay huge amounts of money for the ability to have virtual and in-person teams in the same room.

[@DJ_POOP_IT_OUT_FEAT_LIL_WiiWii]

Most people understand the strategy very well. The issue is the poor results shown for the amount of money invested. At this rate they will go bankrupt before everyone realize what the metaverse envisioned by Zuckerberg really is.

[@DigSamurai]

@@DJ_POOP_IT_OUT_FEAT_LIL_WiiWii That's just not correct. You're looking at the wrong things. The visuals don't matter nearly as much as the underlying technology Meta is developing to enhance human interaction. AND the visuals will get better, it's just a computational issue.

[@DJ_POOP_IT_OUT_FEAT_LIL_WiiWii]

@@DigSamurai Nobody saw that 'technology' you are talking about. Facebook certainly doesn't boast about the secret sauce. All we saw is a lame virtual chatrooms that costs 10000% more to produce than their competitors. If they want to go through their vision at this rate they'll run out of money and go bankrupt.

[@theironsheik6322]

Great for office workers, but their jobs are mostly useless anyway. Call me when a Metaverse plumber can fix a real toilet.

[@monogramadikt5971]

so this is a paid advert for facebook posing as an independent assessment right..

[@migovas1483]

FB keeps alive by FORCING you to post any crap you did from Instagram, or whatsapp status... simple, but creates traffic.

[@Darkrezta]

I use what's app and instagram and never once I forced to post anything or make any what's app status.

[@migovas1483]

@@Darkrezta have seen the sneaky button near the posts? you never seen pop ups asking "do you wish to post on fb? ", things liked that... even if you don't some , people will find 'convenient'.. same idea when you go to Starbucks and buy the next bigger size because the difference in $$ is not that big, is convenient.

[@Darkrezta]

@@migovas1483 is that supposed to be forcing? I mean just skip it like I do, and I used instagram and what's app just fine.

[@oneshortgamer2540]

fb never forces you anything i been user for ever since and nobody was ever forced because it doesn't need to it already got too much traffic but i would really love to see your proof of bf forcing you to post anything

[@migovas1483]

@@oneshortgamer2540 Remember when Windows was sued because they place Internet Explorer inside the windows installation? No one was 'forced' physically to use it, was just 'conveniently' left there, installed, so you would use it.. now FB they are not 'forcing' you physically, just leaving you the 'option' to 'cross platform' your posts. The pop or the link right there is enough to create interactions, is a reminder... drop by drop you create acceptance.

[@paulster185]

270% increase after 75% drop is 67,5% of starting value. It sounds more impressive than it is.

[@kjullthedemon]

How many of those "New" users do you think might be bots?

[@Kbxbigbro808]

Not much

[@Thechatwithchad]

Zucks 8bit meta drop was equal to the Elon broken window cyber truck

[@stan0033x]

dude jumps back and forth in time

[@lazarusblackwell6988]

Its far from dead lol

[@allemagneproducer]

Ty for not smartassing and just spittin the facts, haha

[@thee_others]

Already deleted my fb account.

[@asrielkekker]

if you think facebook is going to be dead anytime soon you're not paying attentiont o the development of technology. These companies are only going to get bigger, facebook quite literally has access to unimaginable amounts of data, and it's going to pay off as we head into a future in which specialized artificial intelligence software rapidly necessitates more and more refined data.

[@TrustVisuals]

Bruh! I cannot overstate enough how much I like your videos.

[@dalitsomz]

Well done on this video. Just as you said that in your preamble, alot of people in the comments are talking about how dead Facebook is while your video is highlighting how it's striving. It's quite a neat engagement.

[@thewatcherofawesomecontent]

shill

[@theironsheik6322]

The host looks like he invested his entire 401k into FB.

[@TylerF]

Amazing video John 🔥

[@perryvibestv]

Amazing that companies are being bought for tens of billions of dollars only to be a failure and I struggle for a month to buy a $1 can of corn. 🙄

[@StrongBarnes90]

I just wanna have an app where I can say whatever I want without getting stupid bans.... Anyone who makes that will have me 100%

[@catluver2001]

Ok Buddy

[@atotech237]

very well made video! Thanks for this

[@Angelperson33]

What i'm most shocked about is that i was at one of the MGMT concert featured in the screenshot at 12:19 what the flip

[@AuduBuba]

Love it when i discover a new channel then get a lot of value instantly 😊😊

[@mycelia_ow]

I didn't know this was a question being asked. Pretty obvious why it's still around, all thanks to Mark's intuition for greed.

[@Otis151]

Great video as always, though I think your rationalization for open-sourcing Llama 2 is a stretch. I wonder what Zuck is really thinking on this one. Time will tell.

[@HunterKowald]

Facebook is making me more money than any other company but at the same time they are allowing others to steal my content and profit wrongfully off of it. This is a weird world.

[@A.Russell-c1q]

Thanks for another high quality vedio..! Please make contents about Austin Russell and Luminar Tech(LAZR) There's so many interestig stories. All investor of LAZR are dying of scarcity of contents...

[@benbenassi2348]

i left FB yesterday and haven't been active for +6 years.

[@wazukyan7696]

Well Facebook has more users in south Asia than the rest of the world combined.

[@Charly9K]

Outside America, Facebook is not dying, especially here in Africa, Facebook is actually the biggest social network

[@Fourtune1]

Yes in some countries Facebook is synonymous with “the internet”

[@sirbbq2403]

Zero mention of Cambridge Analytica and other abuses? Aight.

[@Photoshopuzr]

good video, you got it right man bravo.

[@increiblepelotudo]

I just want FB to go the way of Friendster. Nothing more. Just go away.

[@steveorevo]

There are technology user groups on FB that don't have an equivalent outside of it; not on LinkedIn, not on Twitter, not on slack channels or discord, and not on KZbin.

[@dluverm]

Let’s not forget what they did to Vine, I loved Vine!

[@thebunsenburner]

I might spend more time on social media than I used to, but I also hate my time there more than I used to.

[@ritchievernon8099]

I don't think it should be dead when they're is alive people still on there!

[@concernednewfie]

Issue is Facebook for retired like me is a form of a permanent club for people that have all moved on to different jobs/lives and spread back out through Canada. For Meta and their goofy VR, I cannot comment. I acknowledge that as the decades move forward, we will all die and so will our Facebook posts on our local networks within Facebook.

[@danthesquirrel]

What the stock price is at and how cool it feels mean nothing to me. Those would be crazy metrics for any user to judge any software or service by. It's a place to stay in touch with remote acquaintances. Not scrambling the user interface (to make it seem fresh?) I see as a plus. About the only thing they could do to kill it would be to sell data on users. If I ever found out employers or anyone really could get reports on me based on my Facebook friends or comments I would delete it immediately.

[@Nakakapagpabagabag1]

Maybe its dead in the usa but in asia its still popular

[@allemagneproducer]

Its doing not much different than 2010 here in europe.. only for video entertainment ppl more use insta but they bever left fb. Its not even closely dying

[@Kbxbigbro808]

Even here in the U.S. the platform is still more powerful than ever

[@jerrtinlsc]

Actually Scrolling Instagram on VR headset is kinda cool

[@Krishnakumar-wl7ih]

People think Metaverse will be sent to an early grade by Apple due to Vision Pro. But, its the other way around. Zuck has made the tech juggernaut bend to his will with his relentlessness has made Apple sweat. That will make Metaverse a big success as 100% market share of one million dollars is much less than 35% market share of 100 billion dollars. And that's what Apple does!!!! Its generates interest over niche products which becomes household names in future

[@btk1243]

. . . And Now I would like to introduce Today's Sponsor: "META"

[@thewatcherofawesomecontent]

Seriously. This man should be embarrassed.

[@toolstechgadgets]

Zuck dont get the credit, but his focus to develop products should be studied at all university , he didnt give up on metaverse and now metaverse in oculus is unimaginable experience

[@User61918]

He works backwards from his end goal, present-tense problems are only temporary

[@toolstechgadgets]

@wockcena I screenshotted your comment, nice way to put into words 😉

[@TheGrimFiend]

Very easy… adults. Boomers. They don’t use insta and twitter, only facebook

[@allemagneproducer]

Ye, thats me. Only fb n whatsapp. And mostly for texting, not as a source for video entertainment or so xD