this post was submitted on 09 Jan 2025
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They don't need the very best to make profit for a very long time, especially in a friendly regulatory regime. Check IBM for reference.
They own the social media market and have enough capital to acquire any plausible competitor, as have done in the past.
Losing top talent is only a significant price to pay if the firm or its competitors are still building new stuff that affects their bottom line. Meta is happy raking in the social media-ad profits. Google is happy raking in the search-ad profits. They're all busy getting more money out of the markets they've monopolized, not competing.