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by notyourday 3050 days ago
I think it is a lot more fundamental than this. Facebook spent years building the unsexy stuff : a delivery platform that reaches eyeballs. Not only it works but it dwarfs all other delivery platforms.

It was being laughed at by all serious content creators who thought they had avenue, the content and the brand loyalty. Now we clearly know that there's only one Facebook and there are tons of content creators and those content creators are 100% interchangeable according to the general public as the layoffs in content creator space indicate.