this post was submitted on 19 Mar 2026
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[–] tidderuuf@lemmy.world 54 points 5 months ago (2 children)

Didn't Facebook sink millions to get influencers on that metaverse? How well did that turnout?

Talk about a failing business.

[–] panda_abyss@lemmy.ca 36 points 5 months ago (1 children)

Facebook: we’re creating Ready Player One, look, you can go to work meetings!

Users: can we just dress up as sexy cats instead?

FB: no.

loses $80,000,000,000

[–] Opisek@piefed.blahaj.zone 4 points 5 months ago

This is what Echo VR was killed for

[–] Kirp123@lemmy.world 8 points 5 months ago

They also paid a bunch of streamers to go stream on Facebook instead of twitch or YouTube. Most streamers took the money, streamed how long the contract was, then went back to their old platforms.

[–] L0rdMathias@sh.itjust.works 32 points 5 months ago (1 children)

I thought only AI were allowed to post on Facebook nowadays.

[–] protist@retrofed.com 27 points 5 months ago

Oof. The desperation is palpable and does not bode well for the future of Facebook. May it burn in hell

[–] ICastFist@programming.dev 15 points 5 months ago (2 children)

i don't know what cuckedberg wants, since the program is for short videos and he already owns instagram anyway

"Most creators over a million [followers] are going to be making way more money from brand deals or from maybe direct revenue on YouTube or memberships."

Facebook will pay $3,000 a month for 15 reels uploaded, which amounts to $200 per video. "That doesn't even cover production costs for some creators. So it makes no sense for me," he says.

ngl it's funny how stingy meta is with the rewards here. Even microslop had the decency to throw fuckloads of money in their desperate attempt to get a twitch competitor going

[–] Darleys_Brew@lemmy.ml 3 points 5 months ago

that doesn’t even cover production costs for some

Didn’t know that these reels were such big business.

[–] hitmyspot@aussie.zone 2 points 5 months ago

Lol, did you think they wanted quality content?

[–] Doubleohdonut@lemmy.ca 10 points 5 months ago* (last edited 5 months ago)

Facebook single handedly destroyed College Humor (and others) with their video algorithm bullshit. Never forget

[–] voidsignal@lemmy.world 4 points 5 months ago

Rah! Stop breaking my pathetic-O-meter!