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.
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.
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.