top | item 28810773

(no title)

Qi_ | 4 years ago

Could you please elaborate on what you mean? Facebook is a company and therefore its success and failure is dependent on its customers/users, right?

discuss

order

dcow|4 years ago

It seem you don’t understand the economics of this situation.

Facebook makes money from ad partners not users. Users are not paying Facebook for the software. People who want to run ads are. There is no market for newsfeed software here. Only a market for user attention.

Because FB made a creepy tool 15 years ago they won some users and have an established base they can market to. People using it these days do so because of the network effect not because it’s the best tool to keep in touch with people. Facebook has to maximize time spent with users eyeballs glued to the newsfeed because that’s where ads appear. The friend network portions of the software only exist vestigially at this point to keep people locked in to a newsfeed platform.

Facebook is dependent on their customers but their customers aren't the people glued to the newsfeed, those are the product literally for customers paying for an advertising platform. If it was legal, Facebook would literally chain you to your computer and force you to interact with the world through their platform because that maximizes their profits.

sershe|4 years ago

The gp does say users-slash-customers, usually meaning "or".

There were social media platforms before them that lost despite the network effects, and there are platforms that have appeared after them that gained a ton of users despite the lock-in (some of which they have bought, which is in my view the only thing about them that should be amenable to regulation). EDIT: based on TFA and only tangentially relevant to this thread/the moral crusade, making sure online tools can be modified/scraped/etc. in any normal way is something else I would regulate. EDIT2: based on the rabbit hole of anti-FB articles, what is needed is more of a DE-regulation, removing or significantly narrowing the scope the of the laws FB uses to threaten developers. It's not that modifying a webpage is not protected, it's that it can explicitly be construed as illegal, in part because of the previous moral crusades.

The users derive some value from Facebook. I'd rather we didn't have holier-than-thou people regulate every pastime they don't like... reminds me of moral panics over everything from video games to weed.

eljimmy|4 years ago

The users aren't the customers, they are the product.