Technology

FB is hitting the issue the "growth at any cost" business philosophy hits, they've run out of subscribers. Like any system or organism(s) they hit the resource wall, in this case people. There really aren't more people to sign up, they've pretty much squeezed what they can from advertisers. Now they are left with hairbrained schemes to push out into unrelated areas at the cost of accumulating debt. Buying up other businesses has a very mixed track record.

Wall St hates stable, steady, companies. They want endless growth when it ultimately isn't possible. Without expansion the only way to grow profits is to cut costs. Shareholders and boards demand more. You lay off people, you cut benefits, you make the service poorer quality, cram in more junk ads, more scammers and fraud due to a lack of human monitoring, no customer service for aggrieved users, profits go up for a moment from the cuts but people start to leave so you cut more. The MBAs take the reigns, disconnected from the founders and no loyalty to the business. Execs get their bonuses for each cut and layoff and flee the sinking ship. Hedge funds profit off of the falling stock as they short it. Ads become click bait, toe fungus and ear wax ads. Down it goes...

Oh it also owns WhatsApp, one of the best messaging platforms for scammers. FB's reels feature is mostly AI generated scammy crap. I've noticed a dramatic upsurge in blatantly fraudulent accounts on FB recently. I report them all but I doubt anything is done. I have never received any feedback.

Too bad Zuckerberg will walk off stinking rich with his Hawaii bunker.

First they'll collapse slowly, then all at once. The debt is catching up to them, they'll start laying off even more people, and they'll try to increase revenue by running more ads, and charging more for the ads, etc.

If you think they, or any of them, including our own government, are "too big to fail", well, it's happened before.

I would love it if this were true, but as a member of the mag seven, they get a huge majority of the investible income of the world by default. Passive investing is 55% of the overall investing that happens now, and that means sending money to zuck more or less regardless of what he does or doesn't do. It's very hard to fuck that up. Not impossible, but they will be handed a lot of money for a long time. They will have to really fuck up badly to really die.

Is "dying" the right word? They're struggling, but I won't be surprised if this administration or the next bails Meta out, since fb and insta are essentially public services for a lot of people, as much as I hate that. The smart thing for the fed government to do is to nationalize Meta's platforms.

When you speak of billions and trillions it's all meaningless bullshit and everything has gotten too far out of hand.

3.58 to 3.56 billion isn't really significant because in the long term these sort of mega corporations can easily recover that many users.

But I like they're getting covered in debt, though idk how far it is from collapse as these numbers don't make much sense to me.

Company: grows 5% in a year instead of predicted 5.5%

Corporate media: It's dead.

Problem is, it's been overrun by rage bait for clicks and vocal extremists.

It's weird watching people think their opinion is popular because a handful of people are shouting it everywhere on Facebook.

It's no longer fun, and there is no way to force only posts by people you know. So all the racist garbage gets lots of engagement and is also added to your feed

How

the FUCK

can a single datacentre cost

TWENTY SEVEN BILLION

dollars?

That’s about 3 billion people too many.

I've been spending a whole lot less time on Facebook recently, I've deleted the app off my phone, and just check in once a day or so on my computer.

They just don't seem to grasp that I want to see what my friends and family are doing, not meme pages.

Bullshit:

Meta reported for its most recent quarter (Q1 2026, ended March 31, 2026):

• Revenue: $56.3 billion
• Net income (profit): $26.8 billion

That was up from:

• $42.3 billion revenue a year earlier
• $16.6 billion net income a year earlier

Not dying fast enough. A list of good reasons to quit social media: https://www.arscyni.cc/file/quit_facebook.html.

This is a nytimes article about meta reaching lemmy all frontpage. It's up to you whatever meta dies or not, stop upvoting their shit.

There's only about eight billion humans in existence. 3.56B daily active users is as close to saturated as you can get.