Facebook is doing great. To put things in perspective:
- On average, they net around 35 billion a year. With a valuation (MC) of 887 billion.
- On average, Google net around 51 billion a year. With a valuation of 1.8 trillion.
Facebook is making 68% as much as Google, with its valuation at less than half the price. And over the past 4-5 years Facebook's revenue has grown on average 32%/year, while Google grows 23%/year.
Really undervalued company IMO.
And their revenue did grow. They grew year-over-year. Just missed their target by 3%.
But even if you're not very into socializing online. You'll be able to sit and work at an EMPTY desk, with no monitor and no mouse, put on your lightweight headset, and suddenly have 3 large monitors appear in front of you which you can manipulate with your hands (think Minority Report, Tom Cruise), while working in a more aesthetically pleasing environment.
You'll be able to sit in your empty living room, put on your VR headset, and suddenly have a 100 inch TV in front of you to watch movies -- without having to buy this TV in real life.
Buying a monitor may seem as ridiculous as buying a fax machine.
You'll be able to have work meetings at a virtual office. You can do that now, but the experience will be better. You'll be able to socialize with friends across the world, meet up at virtual replicated areas (like a rooftop bar in NYC..) and meet other people while you're there. You'll be able to go on virtual dates with a long-distance partner. You'll be able to put on your lightweight VR headset and be stationed at a better workstation, with larger monitors where you can manipulate the interface with movements of your hands without the cost of buying such a work set-up in real life. You'll be able to sit on your couch, put on your VR headset and watch movies on a 100 inch TV screen without having to furnish your home with a TV.
The possibilities are endless. Where's your imagination?
Yes, unfortunately I bought in 2 days ago. The market is irrational. Facebook literally missed its projections by 3% and loses 0.15% of its active users (mostly due to things opening up) and investors panic. Good time to buy in.
I think this pandemic has proved how sane the idea of a Metaverse would be.
Imagine meeting someone online, dating or friendship, you put on a lightweight VR headset and get transported to a replicated NYC rooftop bar, where loads of people from around the world are sitting, drinking and chatting. Socializing with a date or a group of people at the comfort of your home, going on outings, inviting your friends to your digital house, work meetings in a digital office instead of Zoom (I already seen companies doing this; VR meetings). People will be able to form romantic relationships and stronger friendships from across the world. Zoom, Skype, Discord will seem like old world relics.
It's like the appeal of World of Warcraft when it was a its peak, but not gaming - not appealing to just gamers. Appealing to everyone who's open to socializing online.
They're still growing year-over-year. They were just off their target in the last quarter by 3%. They're valued at $3.67 per share versus the $3.78 expected. Their stock literally dropped ~25% because they were only 3% off expected earnings. And lost 0.15% active users, which is expected as the world opens up again. I don't see what the big deal is. The market is overreacting.
They have to invest in something if they want to remain relevant. They make loads of money from their ad revenue. They may not be able to acquire the next Instagram or TikTok when it comes.
As expected there's lot of nonfiction readers here. Does anyone else find that they get more out of fiction than nonfiction? There's a lot to learn from putting yourself in a character's shoes, seeing life through their eyes and witnessing their life unfold.
I'm currently reading 'Steppenwolf' by Hermann Hesse, and 'Of Human Bondage' by Somerset Maugham. Both novels are fictional representations of the author's life.
I'm sure that a lot of these designers would love to have the freedom to try new things and to innovate. But unfortunately creating unique interfaces has a very high chance of confusing and frustrating users. Designers have to work within the confines of their users expectations.
" I am disappointed that the design community has gotten sucked into designing itself more than designing for others"
Designers focus on simplicity for others (their users), not for themselves. Much of Apple's early success comes from focusing on simplicity. Users want simplicity. Designers have to constantly remind themselves to keep it simple, rather than 'innovate' and overcomplicate things for the sake of creating something unique.
Google 'Picasso's bull' - it portrays the evolution of good design and the importance of simplicity.
That study used 400UI of vit E, which is more than 10x the RDA. Mega-dosing is what's dangerous. Good multivitamins use a fraction of that dose.
The BBC article is merely clickbait.. People love to jump on the 'vitamins are actually dangerous' bandwagon. if you do a bit of digging into the studies they're quoting you'll find that their claims are unjustified.
Start by learning HTML and CSS. Then if you want to learn JS, learn plain JS and learn it well. Forget about frameworks and libraries for now or you'll confuse yourself.
I would have walked out after hearing that. How could a recruiting firm be of any help to you if their goal is to get you to accept a low paying job asap. They'll be fighting with you every step of the way. I would rather search for a job on my own, even if it means eating ramen every day for months.