Five takeaways about Facebook's pivot to audio

The third thing that I’d say is, I think it’s really important that the metaverse works for people, not just as consumers, but as creators, and that people economically have a stake in it as well. This is one of the lessons that I’ve taken away from the last five years of some of the issues that we’ve struggled with as well, is that it’s not enough... See more

Zuckerberg: “We all hope that in the future the economy is one where everyone can pursue their interests and their creativity and can have jobs that are more exciting for them . . . Overall it's not like one model is going to work. It's not just like everyone is going to be able to make enough money off of an ads revenue share or something like tha... See more

“One lesson that I've taken from running Facebook over the last five years is that I used to think about our job as building products that people love to use. But you know, now I think we just need to have a more holistic view of this. It's not enough to just build something that people like to use. It has to create opportunity and broadly be a pos... See more

Again, as I noted above, Facebook made the 2013 decision to increase the value of newsworthy links for a reason, and in the time since, BuzzFeed in particular has proven that there is a consistent and repeatable way to not only reach a large number of people but to compel them to share content as well. Was Krugman wrong because he didn’t appreciate... See more