Facebook had a huge opportunity in the post-AI world: real humans.
Instead of focusing on connections, they've been optimizing their properties for doomscrolling.
Google, similarly, has lost the plot on what made them trustworthy in the first place: navigating to citable content.
Both companies started on this trend well before AI, but this might be the final nail in their respective coffins[0].
[0]Yes they'll likely still be profitable for a long time, but the Bell Labs-esque downfall has begun (imo).