Nearly every tech job I've had there was the potential to do very little to nothing and stay employed.
What I've gathered from her quotes in the Fortune article is that this person failed to take advantage of her opportunity to be paid highly with total autonomy while surrounded by Smart People.
It's long been an established practice to hire talented engineers and let them make interesting things. Give them as much autonomy as you can afford to. If they're smart and driven they'll produce value.
Otherwise you're herding cats to do things you may not even understand nearly as well as the supposed geniuses you've hired. It's not a good use of your time and you'll probably fail at it.
Just look at the history of UNIX and Plan9 FFS. These guys were messing around with what interested them! Management didn't know what to tell them to work on... and we're all better for it with these wonderful innovations.
This former Meta staffer just put a big fat DO NOT HIRE sign on her forehead as far as I'm concerned.