in fact i’d say it’s a rather poor wrapper and sensationalizes far beyond what reuters actually reported. e.g. the unsupported claim that Zuckerberg somehow put Alex Wang “in charge of the entire company.”

I literally supported the claim by linking to this reporting, which effectively says the same thing.

(And yes, I did make an HN account for this.) https://newsletter.pragmaticengineer.com/p/why-is-meta-destr...

Thank you for the original.

Given that, the pattern I saw in my head was that Zuck sees a new toy, get excited and thinks it will change everything, invests in it, then admit he’s wrong, but at least we have an ads business to keep this whole thing rolling along. Rinse and repeat.

Reminds me a lot of crypto payments, metaverse / VR / AR.

A man trying to predict the future and being mostly incorrect while not really facing any consequences of being wrong. Always searching for the next big thing. Classic Silicon Valley tale.