I know someone who just got hired at an unfinished Meta data center, ostensibly to do some low-level hardware monitoring and maintenance. His boss admitted that he accidentally hired people a couple months too early, so the first couple weeks have consisted of sitting around, eating free food and playing mobile games. Next week they’re being flown to an active data center out of state, but they won’t have much of their own work to do for another 4-6 weeks.
So these guys are being paid $25/hr, 40hrs a week, with a free lunch, and making no money for the company. I would expect any other company to find this unacceptable, but it’s just a drop in the bucket for Meta.
Are they a contractor? $25/hr ~$50k seems quite low when Meta’s median salary is like $400k.
Are there any holes in the business plan that involves converting a dying social media platform thats already flooded with bots, troll farms and AI accounts into an entirely autonomous, isolated chamber of AI accounts, troll farm accounts and targeted ads? Zuck still fucks because of how horrible corporations are at applying KPI’s that show accurate ROIs between different advertising platforms. They have no clue if their ad blitz on Twitter was more successful than the investment in YouTube ads or if it was all a result of the current state of the economy at any point in time. It would take decades before the corporate whores finally pulled enough ads for Zuck to lose a buck. Im thinking Enron style minus the investing all employee retirements fraud.
What do you mean “dying”? Facebook and Instagram are absolutely the dominant social networks / apps in most of the world. Sure there are insane amounts of bots, trolls, scammers and manipulators, but that doesn’t make a platform “dying” while billions of people still use it.
Burn, planet, burn.