alt Hacker NewsSurprised it took this long. I feel bad for the employees, but I can’t remember the last success they had. Metaverse, VR, throwing absurd money at AI and for what?
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Mark Zuckerberg is no longer the kingmaker that he was during Facebook's peak, and he is desperately trying to create the next platform to be the one in power once again.
It would be sad if it wasn't so unbelievably destructive to everything it touches.
There seems to be slightly less comment spam and pig butchering fake profiles on Facebook lately so maybe that counts as a minor success? It might not look impressive from the outside but it's technically challenging and helps to keep the advertising revenue rolling in.
I think their Meta Glasses are genuinely good, great form factor. I mainly use it to take photos or videos and not much their "Meta AI"
Its surveillance business seems to be growing.
Their Libra cryptocurrency project is another example.
Their last success was acquiring Instagram in 2012. Every new effort since then has been hemorrhaging money. They get away with it because they have two limitless money faucets in Facebook and Instagram, but their product strategy as a whole has been a disaster.