Matter run-out

The history of wars of our civilization totals about 10 000 years.The first broken human skulls were found in Kenya near the Turkana lake. The subject of the conflict of our ancestors were the waters of the Turkana Lake rich in fish.

The strange lake of Turkana in Kenya. Here were bloody battles.

And it is resources that have always been the internal basis of conflicts between people. Territorial disputes between the two countries, mafia showdowns, ethnic clashes and fights in the yard with the neighboring boys — the basis of redistribution of territories and spheres of influence. So it was until recently.

We came up with a virtual reality that is becoming less and less virtual before our eyes. Focusing our attention on digital services and media, we are pumping the value of a virtual parallel world. There is such a branch of philosophical doctrine — phenomenalism. According to him our knowledge deals not with the objects of the material world, existing independently of consciousness, but only with a combination of feelings and emotions. Phenomenalism recognizes our thoughts about the world as the only reality accessible to man. And if we all together have become so many and so often enter the Internet — the Internet began to enter us.

But this is philosophy. Military leaders and businessmen as their new
interpretation (also clashing for resources) do not believe in philosophical verbiage. Their methods of cognition are simple — territories can be measured, and money can be counted. Let’s count the money.

ExxonMobil is a megamonster of the oil market, the result of the merger of Exxon and Mobil. The history of companies dates back to the 18th century as a profit of capturing resources by a powerful uncle John Rockefeller. The company’s capitalization until recently was the largest among public companies in the world. It is the world’s largest owner of oil fields, the emperor of the planet’s interior.

Facebook — a company founded 12 years ago, no doubt can be called the owner of digital bowels. After buying the companies Watsapp and Instagram, the total audience of the company was 2 billion people.

Let’s some analyze the reporting of these companies. They are both public and accountable according to the IFRS methodology, and therefore we have the right to compare.

1. The company’s gross profit Facebook is three times as much!
2. In this case, the social network’s revenue is much lower. Efficient extraction of profit a large flow is not needed (TTM=87% 😦).
3. Absolute indicators of net profit at Zuckerberg are higher by 20% and grow from year to year. The oil industry’s profits fell along with the price of oil.
4. The coefficient of current liquidity is 15 times higher for a digital company (Exxon MRQ was about 0,85 at end of 2016).
5. Well, Facebook does not have debts, unlike oil workers.

The material world is depreciating. Modern consumers are less likely to want to own the object of a material nature. Increasingly, we are ready to “temporarily use” the Uber car, rent a house for a while in Airbnb, rent a plane or a yacht … And the money rushes to where they are more reliable. And in this case, our emotions and fantasies leave the gold standard far behind.