> What’s Meta’s strategy here? What’s their vision?
I don't get it, either. Facebook/Instagram/WhatsApp are ways to communicate with people you know, and they have a monopoly on that. (Well, Instagram is also softcore porn and product placement...)
TikTok beat them as mindless entertainment, showing people videos they're likely to watch until they end, and Zuck freaked out. Sometimes people would rather just watch TV than hang out with their friends! OMG! TikTok's bottleneck is that humans have to create the videos, so if Zuck can generate videos to maximize watch time, he wins.
Paying billions of dollars for a data-labeling company, though... Well, I guess it's not easy to put together a bunch of digital sweatshops in Kenya and the Philippines, but is it worth that much?