For me the big turning point at Meta was the acquisition of Oculus. At the time, it was great, forward-thinking and gave everyone a lot of hope for the future of Meta and even society if you believed the hype. This peaked at about 2020 when the opportunity for VR and remote work became real and necessary due to an unprecedented pandemic.
However, we all know the rest; hyperfocus on VR to the detriment of the rest of the company (most notably Instagram missing out on short-form video content) leading to the gradual slide off the cliff. VR is still important but Zuck needs to radically reshift and refocus to save the farm and stave off OpenAI. Interesting few years ahead.
However, we all know the rest; hyperfocus on VR to the detriment of the rest of the company (most notably Instagram missing out on short-form video content) leading to the gradual slide off the cliff. VR is still important but Zuck needs to radically reshift and refocus to save the farm and stave off OpenAI. Interesting few years ahead.