Facebook Has 47 Data Centers Under Construction
datacenterfrontier.com
datacenterfrontier.com
Obviously they're going to build out as if the thing they're betting the company on isn't going to flop.
That's the thing you're missing.
Facebook believes its core operational challenge is recruiting and retaining talent. That means buying their loyalty.
Separately...
Its financial challenge is preventing thieves from stealing its hard won cheddar. Such as governments imposing windfall taxes and thwarting its cash cows.
Its sovereign challenge is maintaining Zuck's continued dominion over the enterprise. Which will end shortly after Zuck, Inc's profits stop growing, causing a shareholder revolt. (And talent exodus.) I'm absolutely certain Zuck's financial team has predicted that crossover point with uncanny accuracy, including factoring the projections you identified, and much more.
I have zero basis for predicting that the status quo of Zuck, Inc will be stable for the next 5 years, and more likely 10.
And that’s just a portion of what data centers are used for.
And I disagree. They need more storage and processing power and will continue to do so. They are not going anywhere in the next couple of decades thats for sure
Meta will be a complete failure and be made fun of for years though
Zuck's greatest fear was that his products would be uncool. What is the coolness factor in 2021?
If you really believe this, have some backbone and put your money where your mouth is. Short them.
The market for digital advertising is still growing and I think FB will capture more than their current share of that growth.
They can afford misadventures like the Metaverse.
This way of thinking is so out of touch it hurts. Not everyone is some tech bro making bank and spending their free time doing crypto and option trades. The commenter has a valid belief that doesn’t need to be belittled just because you may not agree with it.