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"create value" has to be weighed against the alternative if it weren't there. Very little of value that Facebook does would be missing from the world if Faceboo
by quadrangle 11y ago
"create value" has to be weighed against the alternative if it weren't there. Very little of value that Facebook does would be missing from the world if Facebook didn't exist. Alternative ways of networking and sharing information would and do exist and Facebook's version isn't adding real value. 99% of the valuable things about Facebook are the user-generated content, not Facebook itself. Facebook's work is primarily curation via how they run their feed algorithm, and they do a generally shitty job at that in terms of value to the users.