▲ | tmpz22 20 hours ago | |
I'll reach for it - Meta increases consumer spending and has enabled a lot of small businesses to profit during the previous economic booms. Yeah they were drop shipping products from China using the de minimis exception, or hocking worthless supplements, or promoting influencer products that are no different then the generic but costs twice as much, but a lot of people made a living off an ecosystem that arguably would not exist without Meta. Further the success of Facebook was arguably the biggest contributor to startup culture ever - I would expect we'd have seen a fraction of the growth in VC if Facebook had never come to pass. Groups, WhatsApp, etc, would be replaced overnight with, at least initially, a worse version. More hacking, probably worse moderation at scale, worse accessibility, etc. Meta also gentrified East Palo Alto, and the Zuckerbergs now own a substantial amount of real estate in Redwood City and elsewhere. They've made a big footprint on the peninsula that deserves credit for the now $8 lattes in my hometown. |