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Calist0

115 karma · joined May 10, 2016

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Calist0··on Facebook loses users for the first time
Meta however is buying FB shares. They spent 20 billion in Q4 and 14 billion in Q3 on buying back shares. They must be confident..
Calist0··on Facebook loses users for the first time
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%.

Calist0··on Facebook loses users for the first time
Lots of people have long-distance relationships.

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.

Calist0··on Facebook loses users for the first time
What is it good for?

- Work meetings

- Socializing

- Dating

- Creative endeavors

- Improved workspace

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?

Calist0··on Facebook loses users for the first time
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.
Calist0··on Facebook loses users for the first time
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.

Calist0··on Facebook loses users for the first time
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.
Calist0··on Facebook loses users for the first time
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.
Calist0··on Facebook loses users for the first time
They lost 3 million active users out of 1.93 billion active users.

That's 0.15%? As countries are opening up more. And that's newsworthy?

I don't see how that justifies the stock crashing -25% in 15 minutes.

Calist0··on Ask HN: How does one simplify UI design of a complex web form?
You got the idea. Break it down into steps. Design it into 3~ tabs.

like so: https://imgur.com/a/XaOwZND

Calist0··on Ask HN: Is Someone Hijacking Google Images?
This is when you open up devtools and remove the pesky obstacles.
Calist0··on Ask HN: What books are you currently reading?
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.

Calist0··on Show HN: Interface Lovers – Interviews with designers
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.

Calist0··on Vitamin pills don't work and may be bad for you
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.

Calist0··on Ask HN: Experience vs. Education?
Does it matter if the degree is unrelated to the job? Example, a dev holding a psyc degree.
Calist0··on Ask HN: Experience vs. Education?
How do you program your way out of a bag? genuinely curious
Calist0··on Ask HN: What stacks dominate in remote jobs?
5% of people have design skills, yet 17% of employers seek designers. Interesting.. Maybe I should turn to design, instead of front-end development.
Calist0··on Ask HN: How does a beginner get started with web development in 2016?
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.
Calist0··on Ask a Female Engineer: Interviewing and Company Culture
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.
Calist0··on Elon Musk on How to Build the Future
You want a tldr on a biography book?
Calist0··on Elon Musk on How to Build the Future
More like he lives at work. I'm sure his giant mansion means very little to him.
Calist0··on Ask HN: Do coding boot camps get people jobs/careers without a degree?
>but poor senior engineers

By the time the bootcamp junior reaches the senior level he/she would have already accumulated 5+ years of experience. That experience surely negates most benefits gained from a degree.

it's not like the bootcamp grad will still only know one specific stack by the time they reach senior. Any CS knowledge initially lacking should be acquired through experience and self-teaching by then..

Calist0··on Ask HN: How Did You Escape 9 to 5?
Do you know if many remote companies offer part-time work?
Calist0··on Ask HN: What should I ask Elon Musk for HTBTF?
He answered this question before. I think his answer was supersonic jets, or electric jets. Also, Hyperloop.
Calist0··on Ask HN: What should I ask Elon Musk for HTBTF?
He thought that Tesla would most likely fail, and yet he invested 50% of his Paypal money on Tesla, and the other 50% on SpaceX.

Risk is irrelevant to Elon.

Calist0··on Ask HN: What should I ask Elon Musk for HTBTF?
Question for Elon:

What do think humanity's purpose is? You believe that colonizing space will protect us from extinction-- what purpose do we have to as a species to go on?

Calist0··on Ask HN: What kind of projects should I build for a front-end portfolio?
I sent you a message via your site.
Calist0··on Ask HN: What kind of projects should I build for a front-end portfolio?
I'd like to know more about what you need done, and I'll let you know if I can help. I sent you an email.
Calist0··on Ask HN: What kind of projects should I build for a front-end portfolio?
Alright! I definitely know how to make AJAX calls and manipulate the DOM. I'll make a project showcasing this.
Calist0··on Ask HN: What kind of projects should I build for a front-end portfolio?
Thanks for all the suggestions! Really helpful.

For Github: How could a newbie ever improve the code of someone who's experienced enough to create a library or framework?

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