So Zuckerberg, to prevent this, has the right strategy - the pirates inside the organisation strategy. Jobs did this with the Mac project. The question mark really is whether the Metaverse can deliver to take over from the Social Media platforms it has. Even if you accept the promise of Metaverse, according to Carmack the execution has been poor. Normally you just buy your way out with promising startups when execution is poor but the regulators will be heavy with Meta nowadays.
Meta has star power with AI/ML. But on Metaverse there isn't much consumer data to process (yet). So its innovation vector can't be realised.
This effectively means the stars of AI/ML won't help Meta into the future. If they leave, it could be a good thing (if we are taking the value-fuelled hypothesis as their future).
Meta I think will switch to a MBA-led approach to maximise existing value, shed its research aspirations, and switch to hiring the best mechanical/devices/hardware talent it can to improve execution on Metaverse.
Under this appraisal of Meta, broad and wide layoffs, letting the superstars go is the right thing for the company. Unlocked from Meta, those engineers will forge the next great wave of tech companies. The future will be made over the next few months as those start-up fevered ideas will actually get a footing. So I am most hopeful despite the bitter pill of current economic realities. In the short term there is real pain, particularly those relying on visas or the generous healthcare provisions from the company.