WimLeers + facebook   572

Accelerate large-scale applications with BOLT – Facebook Code

and, as a result, in many cases, it now accelerates HHVM by 8 percent

Overall results range from 2 percent to 15 percent for different services, depending on the underlying CPU architecture.
facebook  programming  performance  compiler 
14 days ago by WimLeers
In blockchain we trust - MIT Technology Review

These costs are rarely acknowledged or analyzed by the economics profession, perhaps because practices such as account reconciliation are assumed to be an integral, unavoidable feature of business (much as pre-internet businesses assumed they had no option but to pay large postal expenses to mail out monthly bills). Might this blind spot explain why some prominent economists are quick to dismiss blockchain technology? Many say they can’t see the justification for its costs. Yet their analyses typically don’t weigh those costs against the far-reaching societal cost of trust that the new models seek to overcome.

The need for trust, the cost of it, and the dependence on middlemen to provide it is one reason why behemoths such as Google, Facebook, and Amazon turn economies of scale and network-effect advantages into de facto monopolies. These giants are, in effect, centralized ledger keepers, building vast records of “transactions” in what is, arguably, the most important “currency” in the world: our digital data. In controlling those records, they control us.

The crypto bubble, like the dot-com bubble, is creating the infrastructure that will enable the technologies of the future to be built. But there’s also a key difference. This time, the money being raised isn’t underwriting physical infrastructure but social infrastructure. It’s creating incentives to form global networks of collaborating developers, hive minds whose supply of interacting, iterative ideas is codified into lines of open-source software. That freely accessible code will enable the execution of countless as-yet-unimagined ideas. It is the foundation upon which the decentralized economy of the future will be built.
blockchain  economics  finance  banks  history  google  facebook  linkedin  walledgarden  monopoly  opensource  future  2018  mustread 
april 2018 by WimLeers
News from Facebook

t’s almost impossible to verify anything they say, except for their revenue.

While news organizations were dancing to Facebook’s tune they neglected their biggest treasure: their own sites, and most importantly, what remained of their own social networks. Their readers. More and more advertising was crammed into busier and busier Desktop-Websites that fewer and fewer would visit. Their headlines and leads fed Facebook. Headlines and leads are what most people read, so Facebook was happy. Readers were happy too because they didn’t have to type URLs anymore to scan a couple of headlines.

He went as far as claiming that posts on Facebook were “99% authentic”… which may leave those who have spent some time on social networks asking: Does he ever use his own product? Is Zuckerberg real?

Taking a step back from news is good for PR and good for China:

facebook’s decision to downgrade publishers in their newsfeed seems like a knee jerk reaction to the negative reputation the company has since Trump’s election and the scrutiny it has come under for its role in Brexit or the Catalonia crisis. And then there are reports about declining user engagement and there is the overall shift towards ‚private social‘ i.e. chat apps. But there is more to it. […] Wrapping too much journalism around your brand is a mistake for any platform hoping to still make it into China, which is one of Mark Zuckerberg’s great ambitions.

Everything that Facebook does in the near future has to be interpreted in the stark neon light of fighting antitrust laws. Zuckerberg is ready for big sacrifices to avoid the governmental beatdown. Cutting news organizations out of the main feed already cost him 3.3 Billion. He knew that beforehand. He also knew that news organizations would not love him for his big change of mind. But compared to having the government step in and break up the Facebook Kingdom, 3.3 Billion and a couple of angry journalists is a very small price.
facebook  advertising  evil  epicfail  news  journalism  history  internet  web  markzuckerberg  reference  chat  china  regulation  usa  monopoly  walledgarden  decentralization  mustread 
january 2018 by WimLeers
Washington Monthly | How to Fix Facebook—Before It Fixes Us

Meanwhile, the Remain campaign was making an appeal to reason. Leave’s crude, emotional message would have been turbocharged by sharing far more than Remain’s. I did not see it at the time, but the users most likely to respond to Leave’s messages were probably less wealthy and therefore cheaper for the advertiser to target: the price of Facebook (and Google) ads is determined by auction, and the cost of targeting more upscale consumers gets bid up higher by actual businesses trying to sell them things. As a consequence, Facebook was a much cheaper and more effective platform for Leave in terms of cost per user reached. And filter bubbles would ensure that people on the Leave side would rarely have their questionable beliefs challenged. Facebook’s model may have had the power to reshape an entire continent.

An expert in persuasive technology, he described the techniques that tech platforms use to create addiction and the ways they exploit that addiction to increase profits. He called it “brain hacking.”

Thanks to the U.S. government’s laissez-faire approach to regulation, the internet platforms were able to pursue business strategies that would not have been allowed in prior decades. No one stopped them from using free products to centralize the internet and then replace its core functions. No one stopped them from siphoning off the profits of content creators. No one stopped them from gathering data on every aspect of every user’s internet life. No one stopped them from amassing market share not seen since the days of Standard Oil. No one stopped them from running massive social and psychological experiments on their users. No one demanded that they police their platforms. It has been a sweet deal.
facebook  brexit  socialmedia  advertising  psychology  usa  epicfail  siliconvalley  google  donaldtrump  markzuckerberg 
january 2018 by WimLeers
On React and WordPress | Matt Mullenweg
Core WordPress updates go out to over a quarter of all websites, having them all inherit the patents clause isn’t something I’m comfortable with.
reactjs  wordpress  facebook  license  patents 
september 2017 by WimLeers
Trickle-down workaholism in startups – Signal v. Noise

But the pressures don’t stop with the person who signs the term sheet. That shit trickles down. In fact, it’s likely to amplify as it rolls down the hill, like a snowball gathering mass. Because once the millions have cleared, and the headcount has been boosted, it’s usually other people who actually have to make good on those exponential expectations.
The sly entrepreneur seeks to cajole their employees with carrots. Organic, locally-sourced ones, delightfully prepared by a master chef, of course. In the office. Along with all the other pampering and indulgent spoils AT THE OFFICE. The game is to make it appear as though employees choose this life for themselves, that they just love spending all their waking (and in some cases, even sleeping) hours at that damn office.
And if the soma-like inducements don’t work, there’s always the lofty talk about THE MISSION: We’re not just here to capture more attention or steal more privacy in the name of advertising, no, we’re connecting the world! Your single-track life has meaning! All your sacrifices are for a greater good!
Yeah, right.

startup  facebook  evil 
june 2017 by WimLeers
Build a Better Monster: Morality, Machine Learning, and Mass Surveillance

We need a code of ethics for our industry, to guide our use of machine learning, and its acceptable use on human beings. Other professions all have a code of ethics. Librarians are taught to hold patron privacy, doctors pledge to “first, do no harm”. Lawyers, for all the bad jokes about them, are officers of the court and hold themselves to high ethical standards.

Meanwhile, the closest we’ve come to a code of ethics is “move fast and break things”. And look how well that worked.

Young people coming into our industry should have a shared culture of what is and is not an acceptable use of computational tools. In particular, they should be taught that power can't be divorced from accountability.
ethics  privacy  advertising  facebook  google  machinelearning  history 
may 2017 by WimLeers
What should you think about when using Facebook? – Vicki Boykis – Data, tech, and sometimes Nutella

It’s very sad that a social network that’s done so much good is also the single worst thing about the internet, but until people leave the platform or apply some kind of economic pressure on it, nothing will change.
april 2017 by WimLeers
'Dagelijks gebruik Facebook daalt onder jongeren en stijgt onder senioren'

Zo vermeldt het onderzoek dat vorig jaar 67 procent van de ondervraagde jongeren aangaven dat zij dagelijks gebruikmaken van Facebook. Dit jaar zijn dat er iets meer dan de helft, wat een daling van 13 procentpunten betekent. In alle andere leeftijdscategorieën is een stijging waar te nemen op dat vlak. De hoogste stijging is waar te nemen in de categorie tachtigplussers, waarin het dagelijks gebruik met 11 procentpunten groeide naar 32 procent.
facebook  history  2017 
february 2017 by WimLeers
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