They score boat loads of meta data about who's talking/shopping with/etc who. Sure, they promises end-to-end encryption of messages, but WhatsApp doesn't care about that. I've seen many business now, even the large established corporates, lead with WhatsApp contact details. They'd host the entire customer support, etc infrastructure for free and charge only per message. More recently they've been carpet bombing businesses to get them onto WhatsApp business. You can do c2c and c2b (and probably b2b) through it. They've already integrated with India's national payment platform. And with heavily-subsided phones, for many of these, facebooks/whatsapp become "The Internet" much like AOL and CompuServe used to be in the dial-up world. Things like zero-rated facebooks/whatsapp access gets the unconnected online. Everyone's been scrambling for the next billion users, hence the stampede and continual love-ins in India (and to a lesser extent Africa). That's why he's been winding his way in through the back door. Zuck is not totally oblivious to the objections he might face from the other incumbent Big Techs. If we think abuse on FB and Twitter is a problem now, just imagine how much fun it will be to have a racist bigot shouting at you in person while you try to remember the commands for 'mute' Rude, shouty youngsters (and I meant sub 14 not just teens) are a problem now - what will this be like when you add the rest of the facebook GenPop? Luckily, VR is still niche enough that most of the idiots are not on there (a bit like mid-90's internet), but that would change with Meta. Then, if you look at the reviews for Venues and the other social apps, they have one thing in common - lots of complaints about people being harassed, kids playing up etc. If they insist on having an account for future hardware (as they do for Q2), they are going to miss out on a lot of technically gifted people as a large number refuse to have anything to do with them.Īs for Meta, I have seen what happens in the current multiplayer apps - from personal experience EchoVR is great fun but can be totally ruined by kids being assholes. Such as shame, as the original Oculus company, seemed to be so forward thinking, and interesting.Īs someone who has ben using a Quest for a couple of years on an Oculus Developer account, I am waiting for it to be turned into a brick when Facebook withdraw support as I do not have a social media account (next year, I think). The assumption at the time seemed to be that they wanted to outsell the arguably better technically, but much more expensive (as in twice the price) Valve devices, especially the Index when that came out, and that FB would make up for the loss later my monetising the Oculus users more directly. I remember a while back someone doing a tear down of one of the newer Oculus models that came out after the FB purchase, and working out they were likely being sold at a loss. Many including myself, didn't believe this at all, and we all know where that ended up! I also remember Oculus and FB announcing at purchase time they'd run Oculus independently, not interfere, and never integrate it with FB. full 360, although lenses could have been a little better). I owned the DK2 at the time, and was planning on getting one of the 'proper' released versions, but once the FB purchase was announced I decided not to bother, eventually getting a Steam/HTC Vive instead, more costly but arguable a more capable device (e.g. On some podcast players you should be able to click the timestamp to jump to that time.Yup, I remember when the purchase was announced, myself and many others thought, well that's the end of Oculus as we know it! – Medium: the timestamps for the episode. – Check out the sponsors above, it’s the best way to support this podcast Regulation, Disruption, and the Future: ĥ. Please support this podcast by checking out our sponsors:ģ. He was formerly the CTO of Coinbase and General Partner at Andreessen Horowitz. Balaji Srinivasan is an angel investor, tech founder, philosopher, and author of The Network State: How to Start a New Country.
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