Total speculation: Yann LeCun is there and he is really passionate about the technology and openness
They get free R&D and suppress competition, while looking like they have principles. Yann is clueless about open source principles, or the models would have been Apache or some other comparably open license. It's all ruthless corporate strategy, regardless of the mouth noises coming out of various meta employees.
Just because certain entities can't profitably use a product or obtain a license doesn't make it not-open. AGPL is open, for an extreme example.
This argument is also subjective, and not new - "Which is more open BSD-style licenses or GPL?" has ben a guaranteed flameware starter for decades.
It's shitty when other companies do it. It's shitty when Broadcom does it. It's shitty when Meta does it.
It's never a not shitty thing to do.
But sure, sounds more reasonable
For shareholders, this subpar performance has destroyed value. Disney stock has underperformed the stocks
of Disney’s self-selected proxy peers and the broader market over every relevant period during the last
decade and during the tenure of each non-management director. Furthermore, it has underperformed since
Bob Iger was first appointed CEO in 2005 – a period during which he has served as CEO or Executive
Chairman (directing the Company’s creative endeavors in this role) for all but 11 months. Disney shareholders
were once over $200 billion wealthier than they are now
https://trianpartners.com/wp-content/uploads/2023/12/Trian-N...
Disney has steamrolled Hollywood for the last decade, bringing in by far the biggest global box office revenue in 7 consecutive years out of 8. They have more billion dollar box office movies than every other studio co mbined. This kind of dominance was unheard of in the history of Hollywood.
Setting box office aside, Disney revenue has tripled since Iger took over and is twice as much as it should be adjusted for inflation.
The idea that the company has underperformed for the last 10 years or that they spend millions "on a whim" is a joke. And using share price as some justification is even more absurd, share price was double what it was today just in 2021.
Did you even read the Triad Partners quote from their letter? It's their words, not mine.
"Earnings per share (“EPS”) in the most recent fiscal year were lower than the EPS generated by Disney a decade ago"
is not the same as "underpeforming for a decade".
all that says is that EPS is currently low, not that it has been low and reducing/stagnant for a decade.
> Disney shareholders were once over $200 billion wealthier than they are now
Is that an exaggeration?
https://filmthreat.com/news/male-and-pale-is-stale-responses...
As a result, the money generated by the industry has seen a
remarkably noticeable drop. The rise of the term “flop buster”
(in response to so many films like Indiana Jones and the
Dial of Destiny underperforming at the box office) seems to
be directly related to mainstream audiences’ wholesale rejection
of the over-messaging they see hijacking entertainment.