Maybe Meta is trying to follow the model of Chinese tech companies.
* Copy what works
* Build re-usable internal systems so you can quickly go from prototypes to millions of users
* Internal competition where teams are trying to create the same product and outdo other internal teams
Unfortunately, I'm not convinced that Meta can successfully copy Chinese companies. One major reason is that software developers in the US are significantly more expensive so you have to be more strategic.
Chinese companies are dominating in social apps. TikTok is just the start.
Ah... so the one that myriad people have been chasing for at least 2 decades, now. I've lost count of the number of companies I've consulted to who were chasing that chimera. Good luck to them, I say, while gleefully taking money off them.
* Copy what works
* Build re-usable internal systems so you can quickly go from prototypes to millions of users
* Internal competition where teams are trying to create the same product and outdo other internal teams
Unfortunately, I'm not convinced that Meta can successfully copy Chinese companies. One major reason is that software developers in the US are significantly more expensive so you have to be more strategic.
Chinese companies are dominating in social apps. TikTok is just the start.
https://hbr.org/2022/02/how-bytedance-became-the-worlds-most...