People also said the same thing when he poured $70Bn into the Metaverse, and they were right.
comparing an acquihire of two people by analogy to a $70B investment is a bit egregrious... this event is pocket change to big tech.
Less than pocket change.
The money is irrelevant but it does show that Zuck is all out of ideas and desperate to keep up in the AI race.
If Moltbook becomes as big as Instagram I’m giving up on tech and moving to the mountains to raise goats.
They will have to acquire Lobstagram next
ROFL
Blackadder: Sir, I have been unable to replace the dictionary. I am therefore leaving immediately for Nepal, where I intend to live as a goat.
I am a goat.
It’ll be disappointing if Moltbook is somehow connected to the Metaverse or represents the best of what Metaverse at Facebook could ever be.
Who exactly said that about the Instagram acquisition?
Yeah I remember the discourse around that acquisition as being a really smart play to shore up the new frontier in social media as Facebook grew stale and uncool.
Tons of critical comments on HN at the time, for one: https://news.ycombinator.com/item?id=3817840. And most of the positive ones viewed it as a defensive measure rather than another Google + YouTube story.