/The Next Facebook Will Be a Tartarus, an Endless Prison for Humanity. I Can’t Wait.

The Next Facebook Will Be a Tartarus, an Endless Prison for Humanity. I Can’t Wait.

Summary: Facebook, a trillion-dollar monopoly, needs to build the next Facebook.

Original author and publication date: Choire Sicha – October 21, 2021

Futurizonte Editor’s Note: Is “an endless prison for humanity” our only possible future?

From the article:

Facebook is now an old and old-fashioned company. It’s a wildly successful advertising company with incredible tools for marketers.

But Mark Zuckerberg and the voices in his ear — or so I think! I don’t know him! — have to know that almost everything we’ve made in our digital world is sad and rapidly aging. The digital future can’t be just Epoch Times links and an ugly screenshotted meme that your racist uncle posts of Tony Fauci and Hillary Clinton necking in a pizza parlor.

That Facebook is dying, and it’s at least in part because that Facebook’s users are (literally) dying. And there’s nothing our tech overlords want more than (1) to be cool and (2) to achieve the melding of philosophy and technology.

Facebook, a trillion-dollar monopoly, needs to build the next Facebook.

After the Verge broke the news that Facebook may announce a new corporate name next week, tech journalist Casey Newton gathered a bunch of other tech reporters in a live audio-chat hangout on Twitter. What was notable: Nobody knew nothin’. (Or if they did, nobody was saying.)


If you had all that money and infrastructure and all those grumpy, rock-climbing engineers and lobbying connections, you’d make the biggest swing imaginable.

That’s why some of the most important signals for the near future are Facebook’s early experiments with a digital wallet called Novi, for which it brought Coinbase on as a partner, and the company’s slow but steady move toward a proprietary coin called Diem.

This environment of the near future will likely incorporate all the great and all the gross elements of futurism: non-typing and nonreading communication; currencies and digital transactions, maybe even subscriptions (this may be bias — anyone in the media would say that!); and seamless connections between people and banks

READ the full article here