/biz/ - Business & Finance

>>16488895
Yea. Google too. Also Altria, Coke, McDonald's, Walmart

>>16488895
ALL IN

>>16488895
the future is a decentralized peer to peer social media blockchain.

There is absolutely 0 chance that facebook is around in 20 years at least not in the capacity it is now. The boomers who use it will all be dead by then

>>16488895
most people under 30 don't even use facebook anymore, it's literally just to get into contact with a few people I wouldn't otherwise be able to talk to. shit is already dying like myspace in 2010

>>16488895
I deleted my facebook a long time ago, but in my line of business, a lot of local advertising/networking is done via facebook. It pisses me off to no end that I might have to get a facebook again just for business reasons.

>>16488973
>in my line of business
Facebook advertising is an unironically retarded money hole that you’re probably too dumb to use productively. Stay away, your lawn care company doesn’t make enough to justify the sunken cost

>>16488930
>Altria
Fuck that I will Never invest in tobacco. Ruining people's health, fuck them.

>>16488966
>at least not in the capacity it is now.

>and will adapt to maintain relevance of current trends
They have the money for it.

>>16488895
literally just use it for messenger otherwise its shit, i think it will go the way of myspace in time

They have no monopoly.

they are trend driven like apple.

>>16488966
this, they will pivot massively if they want to survive, maybe even be bought up by Apple or Google once they lose the millennial and zoomer market share and it's only bedridden deathsdoor boomers left.
Whatsapp might still be around as it is now and may be their cash cow, Instagram I'm not so sure - I imagine it will pivot more and more to video over time (if Facebook can do that effectively).

>>16488895
I'm confident in at least 10x upside for Facebook in the next 20 years. They'll move into multiple new niches and dominate.

>>16489019
>They have the money for it.
So did Polaroid, Kodak, 80's Apple, MGM...
In fact it's ussually the companies on deaths door like Nissan under Ghosn, IBM under Gerstner, or Apple in the late 90's where they do radical pivots simply because they can't keep spending money to survive

>>16488895
Facebook massively over estimates the quantity of their user base, intentionally or not. This will be one of the biggest scandals of the next decade.

Facebook doesn't provide anything of value to anybody. Literally all they have is a giant user base, that's their product that they sell. If they don't have that they have literally nothing anybody would want.

>>16489082
Attention is the new commodity and it’s easier to get it with a large user base.

>>16488983
lmao, it's not facebook advertising you absolute mongrel. Boomer clients only trust law firms if they have a facebook. They network through facebook. Clients talk about your firm and tag others through facebook, they want to see your face, know who you are, etc. before they hire attorneys, all via facebook. I'm not making this shit up. Boomers live and die by facebook now.

You absolute fucking cretinous little turd.

>>16489151
>t. Seething because he was told he was too stupid for something
>still too stupid to realize how little he understands the platform
You interested in buying shares of a bridge that’s being built?

>>16489180
Yeah dude, I totally don't understand the absolute complex world of Facebook. You fucking freak. Reread my post and then eat a bullet.

>>16489185
You clearly have no idea how exposure metrics work on the site and the fact that you’re so upset over someone telling you that is making my morning so far.

Out of FAANG I'm certain of only Google and Amazon, to a lesser degree Apple. Facebook is just a very big website with shrinking audience, they have no diversity and no products, they don't own any niches. Google is the Internet, Amazon is shopping and cloud.

>>16489191
But he already said he doesnt use facebook to advertise. So your little rant about facebook ads being a waste of money is irrelevant. Are you retarded?

>>16489191
Not once did I ever claim I was advertising with Facebook, nor did I ever claim that I needed to advertise with Facebook. The point I was making is that law firms and attorneys in some areas of law are expected to have facebooks for legitimacy sake, due to Boomers being Boomers.

English is clearly your second language or something because you're having a hard time comprehending what I'm writing. I'll just chalk it up to you being a fucking weird freak who responded to my initial post with unnecessary aggression and anger for no reason at all. Once again, going to advise you to find the nearest gun and shove it down your throat.

Fb is still used widely in shit tier countries. All businesses use them as point of contact and communication. But trump and many others use Twitter more. Fb should buy up Twitter.

>>16489215
Facebook practices aggressive lead gen to get you to splash out for page exposure. I can just picture you trying to reply to this message, furrowing your caveman like brow, scratching your flat, oversized nose, all in a vain attempt to feign understanding a platform you’ve never actually used before.

>>16489225
>he’s still seething
You’ll never be smart enough to manage your own business’ community footprint, you need to understand this. Screeching about it and calling me ESL won’t change that.

>>16489211
>they have no diversity and no products, they don't own any niches.
They do have communities of like minded people though. Called Groups. And they have local thrift sale style sell and trade groups that are pretty useful, better than Craigslist or kijiji. The only problem is they have no accountability or punishment for scammers. Facebook also has a big problem with scammers stealing your friends identities and msg you with bullshit.

>>16489211
Priced in.

>>16489262
They do for the time being, that is true. It's still the largest social network and will be for quite some years. I just think the need for social networks will shrink and shift, the shift will be towards YouTube imo. It will also wat Netflix in the long run, it's already happening just a matter of time. The world and internet will concentrate further. Speaking of stocks I see both GOOG and AMZN doubling again in the next 5 years, at the expense of other FAANG stocks and also due to growing world pop

>>16489307

Not priced in as FB and Netflix are still expensive and prestigious companies, the events have not unfolded yet but the direction is clear. If everyone who invests would be smart I'd agree with you but there are lots of dumb money and they move the normie markets, it's not priced in for them

>>16488895

We create a platform where u log in with a bitcoin private key and every click is powered by lightning microtransactions and we put the cocksuckers out of business. Duh.

>>16489324
Nflx sucks. Dis is better. Nflx has to make movies. Dis already has movies and children are born and raised in Disney. Plus dis has vertical monopoly from toys to movie theaters to streaming and clothes. Plus dis has dividend.

>>16489067
I heard that Facebook fake its users interactions to boost revenue from advertisers.

>>16489235
HE. DOESNT. ADVERTISE. ON. FACEBOOK

why do you keep going on about facebook advertising? It's not relevant to anything he said. You are actually retarded.

>>16489426
Facebook will intentionally hide/shorten the reach of your business page to entice you to engage with their advertising model, otherwise people won’t be able to find it when they search for it.

>>16488895
>20 years
LMFAO

>>16489016
>Ruining people's health, fuck them.

>as apposed to Google, Coke, McDonald's, Walmart
>implying smoking isn't a choice

>>16488966
They already bought Instagram which is facebook for zoomers (who are even dumber than millenials and boomers).

They can buy any rising social media startup they want and keep the monopoly.

>>16488895
Facebook will be around
As the biggest bank in the world and biggest p2p payment system

You think Fuckerberg and his billionaire investors would risk Libra unless the outcome would be becoming god of the new world?

>>16488895
If urbit succeeds you will be able to steer your legacy social networks via social craft that run on api’s connected to your personal cloud computer. This will be done entirely in a p2p fashion and thereby starve these leviathans of the data that they feed off of. It’s hugely problematic for TPTB but Zucc already has billions so he might be able to pivot fb or just start up something else, or even start buying up digital real estate in some of these competing networks.
>>16489067
My understanding is that all tech does this in order to maximize revenue from ads. FB sort of got called out for it recently but it really is one of the biggest scams of the current paradigm. There are tons of de facto monopolies in tech that all overvalue their user base engagement levels and act like ads are God’s gift. The current monetary structure around selling ads also motivates them to build tech which addicts users and syphons as much data as possible from them.
>>16489082
It’s a plantation. All of us are trapped inside of these digital plantations that are doing nothing but vying for our attention and data. And if you say something that upsets them or their masters, the entire digital history of (you) can disappear without a trace. It’s almost 2020 yet we are still living like digital serfs.

>>16488966
This also China is actively trying to usurp the facebook empire. TikTok is a chinese company.

>>16488895
I deleted my account this week. Have more time to browse 4chan .

>>16489055
funny you say that because since iphone sales started dropping as the hardware updates are not innovative anymore apple has started doing a radical pivot to subscription services: apple tv, apple music, and also the apple credit card.

>>16489151
spicy

>>16489042
Every legacy tech company will try to pivot to crypto to survive...but fail