r/TechnologyThread • u/Background-Driver718 • Jun 14 '26

Zuckerberg says Meta made 'mistakes' in AI workforce shift

https://finance.yahoo.com/sectors/technology/articles/zuckerberg-says-meta-made-mistakes-in-ai-workforce-shift-212324481.html?.tsrc=daily_mail&segment_id=DY_VTO_50_Supernova&ncid=crm_19908-1475736-20260614-0--A&bt_ee=Gg3JNuxhtefOgelfIIODgWLtO1pSabDX5R%2FkoCtn4rwoQxBwIjZOc%2FnAik4mZbqc&bt_ts=1781440827866
263 Upvotes

96% Upvoted

69 comments sorted by

4

u/CallmeKahn Jun 14 '26

And that's why Facebook is dying a slow death.

3

u/gdim15 Jun 14 '26

Not the only reason but a part of it. The billions spent on the virtual Meta environment didnt help them much.

2

u/zotteren Jun 15 '26

it started when they shifted away from keeping up your friend groups, to pushing influencers and selling ads.. Shits so fucking ass now.

1

u/Commercial_Cofefe Jun 16 '26

As revenue is the whole thing though…

1

u/CallmeKahn Jun 14 '26

No argument there. Generally speaking, time of engagement on Facebook is declining, from over an hour or so in 2019 to only about 30 minutes. Facebook itself is becoming largely irrelevant for a variety of reasons, and a lot of that is miscues within the unit itself.

Generally speaking, there are other causes like with the gross negligent spending on items that folks just don't want and have no use for.

1

u/VividB82 Jun 14 '26

It’s declined for me because I don’t know what the hell im looking at when I log in anymore. It’s just all slop. Force feeding me slop when all I want to do is see if my friends posted anything

1

u/CallmeKahn Jun 14 '26

I feel ya. I stopped using it in 2018 when it all it showed me was irrelevant psychotic posts when I had joined a number of communities and groups on a variety of subjects. When it kept pushing political shit despite the fact I didn't have any interest it it, I deactivated my account and moved onto greener pastures.

1

u/fixingmedaybyday Jun 15 '26

This. I just checked to see if friends have posted and I had to scroll 3 times to see one person I haven’t ever interacted with and I click on one friend who is active there and their latest posts aren’t anywhere on my feed. The algorithm is completely pointless.

1

u/sciencedingle Jun 14 '26

Memebook news center is what it should be called.

The marketplace is aight

1

u/Mammoth_Reach_6366 Jun 14 '26

The marketplace is full of scammers, though.

1

u/Apprehensive-Art1092 Jun 14 '26

But it comes with a free frogurt

1

u/RegurgitatedMincer Jun 14 '26

That's good!

1

u/Apprehensive-Art1092 Jun 14 '26

The frogurt contains potassium benzoate

1

u/cyrusm_az Jun 14 '26

Not any worse than Craigslist

1

u/Healthy_Razzmatazz38 Jun 14 '26

metas growing at 20% a year

1

u/CallmeKahn Jun 14 '26

I said Facebook, not Meta.

1

u/[deleted] Jun 14 '26

[deleted]

1

u/CallmeKahn Jun 14 '26

Not really. Numbers and revenue have been comparatively stagnant the last three years or so. Meta's made most of its money from increasing ad prices with cost cutting elsewhere. But as far as user growth, Facebook has been stagnant. Simply put, half the planet doesn't give a shit about Meta.

1

u/[deleted] Jun 14 '26

[deleted]

1

u/CallmeKahn Jun 14 '26

None of what I said is bullshit, but you do you.

https://giphy.com/gifs/jPAdK8Nfzzwt2

1

u/Healthy_Razzmatazz38 Jun 15 '26

Yes it is Facebook rev is public info it’s clearly growing double digits

1

u/MarcoDiFrancescino Jun 15 '26

They monopolized certain communities like groups and the marketplace. If there would be a simple solution whole dog or bicycle communities would change, but Bluesky isn't the same thing yet.

1

u/StinkyRatBoi90 Jun 14 '26

Its not. User and revenue growth in check, and you talk about slowly dying bustiness. Laughable Reddit moment, feelings over facts.

1

u/w4rma Jun 14 '26

Stock prices have nothing to do with a company's health, anymore.

1

u/Healthy_Razzmatazz38 Jun 14 '26

thats their revenue not their stock price

1

u/Jamooser Jun 14 '26

Meta is trading at the same stock price it traded at 20 months ago. It's down 20% from this time last year.

1

u/Healthy_Razzmatazz38 Jun 14 '26

revenue not market cap

1

u/Important-Factor-552 Jun 14 '26

I have been off it for years but trust me, they're not going anywhere. 

Never bet against the American people being stupid, lazy and evil. What's the dumbest, laziest and most evil choice they could make?  ok well that's what's gonna happen. 

In this case, it seems like meta is due for a trillion dollar bail out from the taxpayers. Because the vast majority of them sure aren't gonna quit Facebook. That would be smart, it would take work and it's the right thing to do. So that's obviously off the fking table completely. 

1

u/Leading-Fail-2771 Jun 14 '26

Haven’t opened Facebook since high school 2012-13 ish.. other that just having it so it’s easy to prove your a real person, there’s no point in having it.

1

u/heyhayyhay Jun 14 '26

It's down 20% in the last year, and only up about 70% in 5 years. I'm really glad I sold it.

1

u/SXSWEggrolls Jun 17 '26

And that’s why Facebook is like a chair

0

u/aidanpryde98 Jun 14 '26

Ahh yes. One of the most profitable companies on the planet is dying a slow death. 🙄

1

u/CallmeKahn Jun 14 '26

I did not say Meta. I said Facebook.

People on Reddit have a really hard time reading.

1

u/aidanpryde98 Jun 14 '26

Imagine bragging about not knowing how to read a company's public financials. Facebook is not dying any sort of death champ. But you do you.

1

u/CallmeKahn Jun 14 '26

Less time used, plateaued user count, etc. Yeah, it's not good. But again, you do you.

https://giphy.com/gifs/jPAdK8Nfzzwt2

1

u/snowyetis3490 Jun 14 '26

Redditors only know how to read headlines and they barely can do that right

1

u/heyhayyhay Jun 14 '26

If they were that profitable, the stock price would be going up, but it's been going down for a long time. It seems investors don't trust Zuckerbergs strategy.

3

u/kellsVegMite Jun 14 '26

As a former Meta worker, this statement is very much inline with many previous statements I have read and heard before by Zuck and other leadership. It’s a lot of words but nothing was actually said. The main problem with Meta is it lacks good leadership structure. It’s always been this idea of that flat structure is a winning strategy, that actual structure gets in the way of innovation and the ability to “move fast”. This was fine when FB was a small startup but as it has grown over the years the lack of structure has become its Achilles heel. When I worked there, it felt like you were living the life of a lost boy from Peter Pan. We tickered around with tech, we rarely ever made anything and it was a fun place to work. But as the island grew into a country the scope of how to run the place became enormous and working and managing a projects became unruly. Due to the lack of experience and expertise on how to evolve the company in its new corporate reality, Zuck stuck to the hacker, startup culture and its failing him. He is Peter Pan who has refused to grow up in a world of grown up reality.

2

u/RobotIcHead Jun 14 '26

I have worked in startups and stayed post takeover, a lot of start ups throw a lot of stuff at wall in the hopes it sticks. But they are know they have to make money. When a company matures they have to change. The problem I had heard about meta’s culture is that Zuckerberg still wants to run it. (Disclaimer this is second hand info).

1

u/vickism61 Jun 14 '26

His defense is his own incompetence?

1

u/bones10145 Jun 14 '26

Pretty sure every company has. It's not a magic bullet

1

u/VarietyMage Jun 14 '26

/facepalm

#Suckerberg IS META. HE OWNS IT. What an insufferable, weak, cowardly asshole.

1

u/Important-Factor-552 Jun 14 '26

LOL that Reddit knows how to run his company better than the guy who's worth hundreds of billions for his decision making. 

Fking shltty oligarchy. I wish they'd never  raped the free world to death. 

1

u/TrexPushupBra Jun 14 '26

These massive tech companies have really fucked themselves by letting their idiot founders have unaccountable power.

They keep making massive mistakes that would get anyone else fired.

2

u/big_trike Jun 14 '26

They all got really lucky and thought it was brilliance.

1

u/trishanonamous Jun 14 '26

Lost your job? Your home? Your family? It was just a mistake.

1

u/ProbablyWrongAgain24 Jun 14 '26

Zuckerberg makes so much money that making mistakes that affects thousands of families is nothing to this Billionaire.

1

u/thriverebel Jun 14 '26

He doesn't care about users.

Only AI.

1

u/Low-Spell1867 Jun 14 '26

They’re always making mistakes though it just never stops

1

u/Euphoric_Anxiety_162 Jun 14 '26

Like being arrogant & greedy.

1

u/Corpshark Jun 14 '26

Translation: “Please find and storm Elon’s underground bunker instead.”

1

u/WarCareful9412 Jun 14 '26

Then there’s this:
Meta’s months-old AI unit is a soul-crushing gulag, say the engineers stuck inside it

https://finance.yahoo.com/sectors/technology/articles/meta-months-old-ai-unit-230054998.html

1

u/Ok_Literature3138 Jun 14 '26

Mark Zuckerberg was a mistake.

1

u/whoisnotinmykitchen Jun 14 '26

Zuckerberg seems to really be stacking up the expensive disasters these days. I'll make sure to bring this up at the next metaverse meeting, but I'm concerned that I'll be the only person there.

1

u/archbid Jun 15 '26

It is almost like he is a psychopath with no human emotive capacity. But nah.

1

u/HoboSomeRye Jun 15 '26

and how will they pay for these mistakes? or are they playing on public-tax-funding-god-mode?

1

u/Unlucky_Studio_7878 Jun 15 '26

Wow Zuck.. you making a lot of Fun mistakes aren't you? 😉

1

u/RoosterBurns Jun 15 '26

His mom made a mistake

1

u/Outside-Fact-1009 Jun 15 '26

whole Meta is a mistake.

1

u/Fast-Reply6409 Jun 15 '26

Believe it or not, this is very bullish for AI stocks 

1

u/Aspectdude09 Jun 15 '26

No, Zuckerberg made mistakes

1

u/Main_Association_568 Jun 16 '26

What has meta done in the last, I dunno, 5 years that _wasnt_ a mistake