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Okay, can someone give a good guess as to what's the real reason to do this? Not like all the feel-good BS - what's the business case? How is this gunna make them money?
It seems this just makes them lose access to a ton of data to mine for advertisement. I chat with a friend on IG about something and I immediately get ads for it. It's a bit creepy, but I feel it's working the way they'd want it to (never bring up watches, you will get watch ads for the next 6 months)
Are they bleeding a lot of user to Signal/Telegram b/c they lack encryption? (my impression is only nerds care about encryption)
Are they getting harassed by requests from law enforcement?
Are they in hot water b/c of child porn?
Do they need plausible deniability?
I don't really get why they're rolling this out. Like what's their angle. Seems like something users don't care too much about and they lose a ton of valuable data