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Jonah Ramponi committed Aug 23, 2024
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2 changes: 2 additions & 0 deletions content/posts/meta_analysis.md
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Expand Up @@ -65,5 +65,7 @@ Similarly, Microsoft's (and OpenAI’s) dominance in Generative AI might have be
So, while Meta’s actions might seem altruistic on the surface, they’re likely driven by the same competitive instincts that have shaped big tech for years. Whether this leads to a better world, with more innovation and access, or just a noisier one full of whoopee cushions, remains to be seen.

(1) In the second quarter of 2024, 98.1% of Meta’s revenue came from adverts. [Meta Q2 Earnings](ps://investor.fb.com/investor-news/press-release-details/2024/Meta-Reports-Second-Quarter-2024-Results/default.aspx)

(2) [We Have No Moat, And Neither Does OpenAI](https://www.semianalysis.com/p/google-we-have-no-moat-and-neither)

(3) [Joel on Software discusses Commoditizing your Complement](https://www.joelonsoftware.com/2002/06/12/strategy-letter-v/)
6 changes: 3 additions & 3 deletions public/posts/meta_analysis/index.html
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Expand Up @@ -132,9 +132,9 @@ <h3 id="because-big-tech-is-a-battlefield">Because big tech is a battlefield</h3
<p>There were many other reasons Facebook wanted Waze; another key reason would be to deliver better location-based mobile advertising and optimise local search results. Right before they could buy Waze for 500 million dollars, Google stepped in and spent nearly a billion dollars to snatch it. Why? Google bought Waze so that Facebook would not have it. Google probably didn&rsquo;t really need Waze, but it partially contributed to Facebook abandoning their smartphone plans. It stunted Facebook&rsquo;s expansion. For big tech, messing up each other&rsquo;s game is a legitimate business strategy.</p>
<p>Similarly, Microsoft&rsquo;s (and OpenAI’s) dominance in Generative AI might have been enough of a threat to prompt Meta into action. By making AI tools freely available, Meta isn’t just playing nice—it’s playing smart. It’s a calculated move to dilute Microsoft’s power and level the playing field, ensuring that no one company holds too much sway in the AI landscape.</p>
<p>So, while Meta’s actions might seem altruistic on the surface, they’re likely driven by the same competitive instincts that have shaped big tech for years. Whether this leads to a better world, with more innovation and access, or just a noisier one full of whoopee cushions, remains to be seen.</p>
<p>(1) In the second quarter of 2024, 98.1% of Meta’s revenue came from adverts. <a href="ps://investor.fb.com/investor-news/press-release-details/2024/Meta-Reports-Second-Quarter-2024-Results/default.aspx">Meta Q2 Earnings</a>
(2) <a href="https://www.semianalysis.com/p/google-we-have-no-moat-and-neither">We Have No Moat, And Neither Does OpenAI</a>
(3) <a href="https://www.joelonsoftware.com/2002/06/12/strategy-letter-v/">Joel on Software discusses Commoditizing your Complement</a></p>
<p>(1) In the second quarter of 2024, 98.1% of Meta’s revenue came from adverts. <a href="ps://investor.fb.com/investor-news/press-release-details/2024/Meta-Reports-Second-Quarter-2024-Results/default.aspx">Meta Q2 Earnings</a></p>
<p>(2) <a href="https://www.semianalysis.com/p/google-we-have-no-moat-and-neither">We Have No Moat, And Neither Does OpenAI</a></p>
<p>(3) <a href="https://www.joelonsoftware.com/2002/06/12/strategy-letter-v/">Joel on Software discusses Commoditizing your Complement</a></p>

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