[krschultz]

Because they make more money using their servers for their own products than they would renting them to other people. Meta has an operating margin of 41% AFTER they burn a ton on Reality Labs, while AWS has a 21% margin with more disciplined spending. Social media is a more profitable business than infrastructure.

[elbear]

Does Meta make money from anything other than ads? It's not a dismissive question. I'm curious if social media implies anything other than ads.

[oblio]

> Advertising (over 97.8% of revenues): the company generated over $131 billion in advertising, primarily consisting of displaying ad products on Facebook, Instagram, Messenger, and third-party.

https://fourweekmba.com/how-does-facebook-make-money/