Nah. However he’s undoubtedly getting excessive.
So numerous people asking me about Fb’s information at present. I’ve learn what I can, and right here’s my preliminary take, in a thread. First, right here’s the information from FB:
That is from Adam Mosseri, head of Information Feed (he’s talking at Shift Discussion board subsequent month), and features a put up from Mark Zuckerberg as properly. Fb is specializing in altering the product targets from engagement on content material to engagement with household and pals’ put up.
Within the put up and in information protection Fb and Zuckerberg say they wish to refocus the service to “make folks pleased” after being on FB. That’s a suggestion I made in my piece final week:
In that piece I posed two situations, one among which was “Zuck drops acid and refocuses his product crew away from engagement for engagement sake.” So did he?
No. However he appears to have taken a fairly candy drag on a joint.
The Information Feed product crew isn’t the advert mannequin product crew, and it’s the advert mannequin that drives the toxicity at its core. Nonetheless, that is nonetheless a major transfer. I’m guessing FB has modeled the bejesus out of this and is aware of that after a brief dip, advertisers pays extra to interrupt into that new Information Feed with their content material, and income will normalize.
In the meantime, simply because your pal and household shared it, and others responded to it, doesn’t imply it ain’t poisonous. That’s just about how Faux Information spreads.
Oh, and I’m so bored with “we’ve studied this development rigorously by trying on the tutorial analysis and doing our personal analysis with main specialists at universities.” What analysis? With whom? Is it peer reviewed? Open it up!
Up to now, FB inventory is down .05%, or 9 cents, in after hours buying and selling. Fairly certain that’s the shrug FB was searching for. Extra because it develops….