Whatever if you think of the amount spent or the direction in general it's disingenuous to say "lost" when it's actually "spent". It was a deliberate investment

Whatever if you think of the amount spent or the direction in general it's disingenuous to say "lost" when it's actually "spent". It was a deliberate investment in r&d and a pitch for a future platform. It's not a business that's desperately trying to break even every quarter. I'm not a big fan of meta and I'm not convinced they've made correct decisions all our even most of the time but Zuckerberg has been consistent in saying that this is a long-term plan. (Weather he sticks to it or not here's a different question. The rise of AI and the looming antitrust threat might well change his priorities)