Tag Archives: Facebook

2022 Technology & Business Predictions

Every year I try to predict what lies  for the year ahead, and then I mark them a year later! It’s a particularly difficult  timeframe because a year is reasonably short term in technology, but we’re lucky to work in such a fast paced industry.

You can see how I faired last year, 2021, and keep working back, all the way back to 2010.

1. 3D, rather than the metaverse

Credit: http://www.flickr.com/photos/45501032@N00/3726589535/in/photostream/
Try finding a supermarket website that can present a 2D version of this. Credit on Flickr

There are times when the current user experience for the web is adequate. For example, filling in a form. There’s little wrong with the fields appearing in our web browser and us typing in the answers.

There are other situations where it would be preferable to have a 3D environment. For example, when buying physical products online. Imagine if we were in a 3D experience where we could see adjacent items, or interact with them, or compare different types of the item together. The current page-based, 2D experience for shopping is a little too flat compared to our real world.

Meta, Facebook’s parent company, believes that the future of these 3D environments will be using a headset to see an AR (Augmented Reality) or VR (Virtual Reality) world, a bit like SecondLife. Personally, I think that’s several years ahead of us for most people. There are good enough 3D environments that can be ported from video games into day-to-day internet activities though. Continue reading 2022 Technology & Business Predictions

Review of my 2020 Technology Trends and Predictions

Many websites and blogs publish their predictions for the year ahead. Not many of them review their predictions at the end of the year though. Even fewer score their previous set of predictions.

It would have been difficult to forecast what happened this year. But let’s see how those 2020 predictions fared in the oddest of years.

1. Alerts from voice assistants

I said that “At the end of 2019, the Google Home device in our kitchen started answers requests with more suggestions of other skills.

Continue reading Review of my 2020 Technology Trends and Predictions

Facebook collected data about me from 612 companies including my bank

Off-Facebook data collection
This is where you can see all the data Facebook has collected about you from other companies

Facebook has launched a tool to let users see what data is collected by other organisations, and then shared with Facebook. I used it earlier this week, and it was jaw dropping.

To set the scene, I don’t have a problem with the Internet giants using my data. They provide amazing services in return for me sharing data with them. For example, I can search almost the whole of the Internet on Google, and chat, share images and status updates with anyone on Facebook apps (including Instagram and WhatsApp). Google and Facebook, among several other companies, don’t charge any more than me sharing data with them. I can accept that. It felt like a great deal for both of us.

The Facebook tool lists all the providers of information (aka business and organisations) that collect data about an individual, and then share it with Facebook. Facebook then categorises the data, which ranges from difficult to understand to super-clear. Continue reading Facebook collected data about me from 612 companies including my bank

2020 Technology Trends and Predictions

Here are my technology predictions for 2020. I try to predict technology trends that are outside the mainstream, and with high expectations. It seems to get harder every year.

Every year I score my own previous year’s predictions– see how I fared for digital predictions for 2019 and work backwards. Hopefully my technology predictions for 2020 will fare a little better!

1. Alerts from voice assistants

Alexa prank to set an alarm at 3am
Alexa practical jokes were invented in 2015

If 2018 was the year of mass adoption of Alexa and Google Home devices, 2019 was the year of releasing a lot more skills. At the end of 2019, the Google Home device in our kitchen started answers requests with more suggestions of other skills. Cross-selling perhaps.

But this is nothing compared to where these devices are heading. I predict that by the end of 2020 these devices will be making proactive recommendations to us.

“Rain is due today, take an umbrella.”

“You still have 30 unread emails, why not deal with some of them?”

“You ordered XYZ from Amazon recently, and it’s due to arrive today”.

2. Wearables beyond your wrist

In 2020 we’ll see many more wearable devices.

In 2019, several devices for pets became available, from activity trackers to GPS trackers to smart collars.

Next year we’ll start seeing many more devices, such as spectacles from Vue or ByNorth (my favourites). With the announcement of the iPhone 12, we’ll probably hear Apple launch a new type of wearable beyond the Apple Watch.

And remember the $2.1 billion Google acquisition of Fitbit? Expect to see a new type of wearable from Fitbit in 2020. Continue reading 2020 Technology Trends and Predictions

Fintech for Breakfast (CSFI, September 2019)

Last week I went to the CSFI breakfast event and it was great. I’ve been to a CSFI event before (I was one of the panellists), but it was a different format back then.

Last week we went through a document of web links and discussed each one. It was much more interesting than it sounds. Jemima Kelly, the FT journalist who wrote many of those articles was one of the panellists.

Facebook Libra

What’s in it for anyone except for Facebook? (Left unanswered but with some good points made:

  1. It could be extremely disruptive and put massive pressure on the big currencies, making them look volatile.
  2. Governments will try to squash it – and if they do, Facebook might use this as an opportunity to show that it’s not evil.
  3. Facebook needs to find another revenue stream other than marketing, this might be the first.
  4. It’s simply/ only an ETF on Fiat currencies).

Continue reading Fintech for Breakfast (CSFI, September 2019)

Remarkable! How Facebook will reduce its reliance on advertising revenue

Facebook investors are going to like this announcement

Facebook has announced the most exciting new product of all the recent FAANG press releases. From “Sign In With Apple” to Uber’s IPO, this one beats them all.

Until now, Facebook has been reliant on advertising spend. In Q4 2018, Facebook’s advertising revenue was $16.6bn, of a total revenue $16.9bn.

Facebook has always received poor press coverage over its collection, harvesting and commercialisation of our data. What’s the best way to avoid this type of brand coverage?

Rebrand.

Enter Calibra. Or at least, Calibra will enter next year.

Continue reading Remarkable! How Facebook will reduce its reliance on advertising revenue

Why the 20% of UK homes that own a voice assistant don’t read the terms and conditions

Alexa prank to set an alarm at 3am
Alexa practical jokes were invented in 2014

Highlights from Richard Watson’s latest Brainmail:

  • In the UK, 5.5 million homes (around 20% of all homes) now possess a voice activated assistant.
  • 20 per cent of 3-5-year-olds now own their own iPad.
  • Google and Facebook have more than a fifth of the world’s advertising spending (they have 50-60 per cent of digital advertising spend).
  • The terms and conditions for Amazon’s Kindle are 73,198 words long and would take around 9 hours to read. I checked this out (link) and the terms are made up from 20 documents, plus the privacy notice.
  • Compared to the 400 deaths per year from terrorism, more Europeans drown in their own bathtubs, and ten times more die from falling down the stairs.

Continue reading Why the 20% of UK homes that own a voice assistant don’t read the terms and conditions

Privacy: the update

Personally I’d rather see a bike advert

Since the early days of Internet services such as Google and Facebook, we’ve accepted that in return for these amazing services, we have to give some of our data away. It’s a value-exchange. We get to perform a search about anything, or store and share photos for free in return for the website having some data about us and selling that to advertisers. It’s a fair value-exchange.

It’s value because our advertising tends to be personalised toward us. I’d rather see relevant adverts, for example new bicycles products from my favourite brands, rather than tampons. Continue reading Privacy: the update

Facebook’s data privacy issue

I bet they don’t at the moment

The reaction to the Facebook and Cambridge Analytica data story has been more divided than any other technology I can remember. (Real-life) friends have closed several web accounts, beyond just Facebook, formally requesting their entire data to be wiped clean. And some friends don’t care.

Shadow profiles

But even if you quit Facebook and ask for your data to be deleted, it probably won’t. This is because Facebook stores shadow profiles about people anyway. This is one of the ways that Facebook seems to make accurate friend recommendations on the platform. Continue reading Facebook’s data privacy issue

Google’s moral advertising flaw

The problem with censorship is XXXXXXXX via Flickr

The news about Google will stop allowing cryptocurrency companies to buy advertising demonstrates how we still haven’t cracked content censorship on the Internet.

Has Google become a content provider that can ban certain types of advertising? Until now, Google was purely a search engine selling pixels on user’s search results. They weren’t responsible for any of the signposted or copyrighted content.

(The same applies to Facebook and pretty much any other advertising funded content platform).

Note that my issue isn’t with the cryptocurrency companies. My issue is that Google and Facebook have shattered the professional journalism industry, only to then lay down their own moral advertising code of conduct when they are among the last remaining mass publishers.

Continue reading Google’s moral advertising flaw