This is the 2016 Facebook panic all over again, but with fewer Russians. You’d think the storyline would get old, but no…
There's almost nothing novel in the leaked Facebook docs, other than confirmation of Facebook's slowing growth and aging userbase.
Everything being discussed now was being discussed years ago. There were whole chapters in Chaos Monkeys about it. Big whoop.
As for why this is getting nonstop coverage:
Aside from mere anti-FB animus, the aesthetics of all this--a compelling whistleblower, leaked docs, internal discussions of (known) tradeoffs--plays precisely into the necessary Aaron Sorkin drama and regnant journalist epistemology.