Mark Zuckerberg an hour ago: "Our approach will be the same as all our other products: make the product work well first, then see if we can get it on a clear path to 1 billion people, and only then think about monetization at that point." https://www.threads.net/t/CuW5-eWL34x
at this point he's the world's leading expert on the enshittification cycle
I think your altruism is misplaced because they most certainly are thinking of $$$ first and foremost.
No it’s only a theory that emerged in the 70’s (https://en.m.wikipedia.org/wiki/Friedman_doctrine).
Meta did not spend enough time thinking about monetization in the long term, realized they were in a really rocky position due to Apple and Google owning the platforms Facebook ran on, and then desperately had to come up with a new platform they could monetize.
They've pushed it so hard now because they didn't think about monetization early.
An interesting thought is how many people are inadvertently bad, simply as a byproduct of what I touched on above
Meaning: Once we have hooked enough users, we'll make them the product.
Free lip piercing...
"We have a business model, its built on bullshit and blue skies."
Quote from my wise father about being careful when being recruited by a startup that sounds too good to be true.
Your father could have saved me…