this post was submitted on 18 Mar 2026
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TechTakes

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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

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[–] sailor_sega_saturn@awful.systems 36 points 2 months ago (1 children)

Against all odds they found a worse future to pursue than forcing employees to strap VR goggles to their heads 40 hours a week, and have pivoted towards AI.

[–] OwOarchist@pawb.social 21 points 2 months ago

And toward mass surveillance.

When you look deep into who's pushing all these new 'age verification' laws all the sudden, Meta's fingerprints are all over it.

[–] bitjunkie@lemmy.world 22 points 2 months ago (1 children)
[–] frank@sopuli.xyz 18 points 2 months ago
[–] NateNate60@lemmy.world 20 points 2 months ago (2 children)

In a rational world, that fiasco would have resulted in shareholders angrily blowing the e-mail inboxes and telephones of every member of the board of directors and Zuckerberg would have resigned in shame years ago.

[–] veni_vedi_veni@lemmy.world 7 points 2 months ago (1 children)

Yea, don't really have much sympathy for Meta investors, they continue to give money to a company where the founder has a 51% voting share.

[–] NateNate60@lemmy.world 4 points 2 months ago

Well, it's not really a rational world. I mean, Tesla stockholders somehow still want Elon in charge despite sales, brand value, public perception, and product quality declining under his watch.

Seriously. Instead he announced he was going to be throwing somewhat less money into that specific dumpster fire and the investors decided that was worth 4%.

[–] darkdemize@sh.itjust.works 14 points 2 months ago

It was still open?

[–] HootinNHollerin@lemmy.dbzer0.com 12 points 2 months ago* (last edited 2 months ago)

Coulda just thrown money into the money hole

Ref: Onion news money hole bit

[–] arbitraryidentifier@awful.systems 12 points 2 months ago

Both customers will still be able to get Horizon Worlds on a mobile phone

I loled

[–] OwOarchist@pawb.social 11 points 2 months ago (1 children)

Imagine how much money was spent on this...

[–] Zozano@aussie.zone 16 points 2 months ago (1 children)

You don't have to!

The answer is $77 billion USD!

[–] fake@sh.itjust.works 4 points 2 months ago (1 children)
[–] Zozano@aussie.zone 6 points 2 months ago* (last edited 2 months ago)

Because the amount of money that billionaires have is not proportional to the true value of that money.

It is literally impossible for Elon Musk to spend all of his money without fucking up the entire global economic system, unless every country perfectly predicts and accommodates for a massive inflation event.

Money is not Money in the way it used to be.

The value has been stretched to such a silly proportion, that when Meta burns $77 billion, they just keep on going. They just write it off. It's fucking ridiculous that human value is not even represented by currency.

All of this shit is fucking phantom money, it's a concept in numbers, nothing more.

If you earn $15/h, it would take you 7 million years to reach the same wealth as these dickheads who don't look at you as anything other than a digit on a spreadsheet.

It's sickening. And if you're not fucking pissed, you should be.

[–] spittingimage@lemmy.world 11 points 2 months ago* (last edited 2 months ago)

Once again I see more warmth and depth of emotion in that low-poly avatar than in the man it's based on.

[–] swlabr@awful.systems 5 points 2 months ago

Riding this high for a while folks

[–] pikesley@mastodon.me.uk 4 points 2 months ago

@dgerard I imagine their users are furious. Both of them

[–] MummifiedClient5000@feddit.dk 4 points 2 months ago

Oh no. Please don't.

[–] QuinnyCoded@sh.itjust.works 3 points 2 months ago (1 children)

just a reminder, vrchat is still hella popular and alive

[–] RVGamer06@sh.itjust.works 1 points 1 month ago

And there's even a new kid on the block for the furries out there, or those who would like a Euro alternative: Resonite

[–] V0ldek@awful.systems 3 points 2 months ago

In hindsight, it wasn't the best of ideas.

I mean, it was obvious at the time as well, but nevertheless