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lukev
10 months ago
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Mark Zuckerberg says social media is over
So you think consumer engagement ultimately drives what types of tech that companies invest in building? I can see that argument.
Why do companies want consumer engagement to start with?
charcircuit
10 months ago
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Engagement is a proxy for user value. Things that User value can be monetized.
lukev
10 months ago
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parent
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So it's fair to say that effectiveness at monetization is an extremely strong evolutionary pressure on how technology evolves?
charcircuit
10 months ago
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root
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parent
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No, something can monetize well but only for a small audience. This is what building for a niche does. What works for a niche may not match the macro trends that are at play.
fsckboy
10 months ago
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root
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parent
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the thing about evolutionary pressure is, it works on all niches, all at the same time
charcircuit
10 months ago
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root
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parent
[–]
But the pressure doesn't follow monetization efficiency.
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Why do companies want consumer engagement to start with?