I’m less impressed with Zuck every time I hear something new about him.
Apple has made incredible progress in the last 20 years, but almost none of that has been a brand new product. It has all been evolving the existing products and on building the world’s best supply chain and rearing incredible market share from Windows. To be clear, AirPods are a much bigger market than Nike shoes. Those, plus Apple Watch, iPad and Vision Pro are new in the last 20 years.
In the past 20 years, the Facebook website has evolved, but all of the other major investments by the company have been acquisitions. Instagram, WhatsApp, Oculus. Diem (or whatever that proprietary cryptocurrency was called) and the Metaverse were massive failures. I don’t know what to credit Meta for in the AI era except some of the LLAMA tooling and some open weights LLMs. CZI is doing cool things, but that’s Zuck’s private science company, not part of Meta.
Facebook “allowed” Cambridge-Analytica to Hoover up a massive amount of psychometric data on US voters before the 2016 election (ins care quotes because they “allowed” it in the sense they prevented it by policy but did nothing significant to deter the data collection at scale).
I would argue that FB’s bigger wins have been in being the first app / website to get perhaps 50% of the world population using it, and also the Herculean effort it took to moderate that’s volume of content (whether or not you agree that moderation was the right choice or successful).
Profiting off of a genocide is a first in the social media world, pretty ground breaking. Especially when you find out that workers and management knew about it as it was on-going but did nothing in response. Truly such innovative people, surely they deserve all the money and non of the responsibility. It is a meritocracy after all.
Apple has made incredible progress in the last 20 years, but almost none of that has been a brand new product. It has all been evolving the existing products and on building the world’s best supply chain and rearing incredible market share from Windows. To be clear, AirPods are a much bigger market than Nike shoes. Those, plus Apple Watch, iPad and Vision Pro are new in the last 20 years.
In the past 20 years, the Facebook website has evolved, but all of the other major investments by the company have been acquisitions. Instagram, WhatsApp, Oculus. Diem (or whatever that proprietary cryptocurrency was called) and the Metaverse were massive failures. I don’t know what to credit Meta for in the AI era except some of the LLAMA tooling and some open weights LLMs. CZI is doing cool things, but that’s Zuck’s private science company, not part of Meta.