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I think Meta’s problems are largely similar to Google’s: they have very bad leadership, specifically Zuckerberg, and thus can’t leverage their existing talent
by bugglebeetle 4y ago
I think Meta’s problems are largely similar to Google’s: they have very bad leadership, specifically Zuckerberg, and thus can’t leverage their existing talent to execute/compete. The whole Metaverse fiasco would seem to demonstrate he’s effectively a “mad king” at this point, and probably surrounded by a sycophantic c-suite. Having the best talent in the world (which they obviously do by how fast LLama was spit out) isn’t going to matter that much if its all serving at the behest of someone who has become deluded by their initial success and has no ability to course correct.
- aierou 4y agoSelling 20 million Quest 2 headsets is a pretty good outcome for the so-called Metaverse fiasco.
- bugglebeetle 4y agoI think they spent 36 billion on metaverse stuff at last count, so no, not really.
- Aeolun 4y agoHow did literally nothing but Quest come out of that then?
- detaro 4y agoThey would've sold exactly as many of those if they didn't jump full-speed into the Metaverse rabbit hole. Even the Quest 2 release predates that direction shift.
- renonce 4y agoSpending $100b on net losses is too much for such an outcome.
- satvikpendem 4y agoThose headsets are subsidized, do you really believe that level of hardware costs less than the unit price of 300 dollars? Meta is trying to gain market share via selling at a loss and perhaps making money through games or simply getting everyone inside the "metaverse" to then show them ads.