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by jonnat
1065 days ago
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Quite the opposite, this is great for Meta's competitors. Meta is not trying to get market share with this strategy, it's trying to commoditize their complements (https://www.joelonsoftware.com/2002/06/12/strategy-letter-v/) Content is a complement to a social network: the cheaper it is to create content, the more content is available, the easier it is to optimize a feed, the larger the time people spend in the platform, the higher the revenue. GenAI is just a method to drive the cost of content creation to zero. |
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