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1. Jumpin+(OP)[view] [source] 2023-11-22 12:14:43
> > By definition the attention economy dictates that time spent one place can’t be spent in another

Using that definition even the local gokart renting place or the local jetski renting place competes with Facebook.

If you want to use that definition you might want to also add a criteria for minimum size of the company.

replies(1): >>doktri+O2
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2. doktri+O2[view] [source] 2023-11-22 12:35:11
>>Jumpin+(OP)
> Using that definition even the local gokart renting place or the local jetski renting place competes with Facebook

Not exactly what I had in mind, but sure. Facebook would much rather you never touch grass, jetskis or gokarts.

> If you want to use that definition you might want to also add a criteria for minimum size of the company.

Your feedback is noted.

Do we disagree on whether or not the two FAANG companies in question are in competition with eachother?

replies(2): >>Jumpin+hb >>dpkirc+0w
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3. Jumpin+hb[view] [source] [discussion] 2023-11-22 13:34:26
>>doktri+O2
> > Do we disagree

I think yes, because Netflix you pay out of pocket, whereas Facebook is a free service

I believe Facebook vs Hulu or regular TV is more of a competition in the attention economy because when the commercial break comes up then you start scrolling your social media on your phone and every 10 posts or whatever you stumble into the ads placed on there so Facebook ads are seen and convert whereas regular tv and hulu aren’t seen and dont convert

replies(1): >>doktri+9Q
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4. dpkirc+0w[view] [source] [discussion] 2023-11-22 15:03:55
>>doktri+O2
The two FAANG companies don't compete at a product level, however they do compete for talent, which is significant. Probably significant enough to cause conflicts of interest.
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5. doktri+9Q[view] [source] [discussion] 2023-11-22 16:34:09
>>Jumpin+hb
> I think yes, because Netflix you pay out of pocket, whereas Facebook is a free service

Do you agree that the following company pairs are competitors?

    * FB : TikTok
    * TikTok : YT
    * YT : Netflix
If so, then by transitive reasoning there is competition between FB and Netflix.

...

To be clear, this is an abuse of logic and hence somewhat tongue in cheek, but I also don't think either of the above comparisons are wholly unreasonable. At the end of the day, it's eyeballs all the way down and everyone wants as many as of them shabriri grapes as they can get.

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