A Meta Contradiction
Some days, I find myself super perplexed by Meta’s business. The company has what may be one of the most fascinating and value-add content delivery apparatuses the world has ever seen. There are other days when Meta’s business strikes me as a stain on society, an addiction-inducing slop machine representing grave harm for users. How can one company fuel such opposing attitudes? The answer is found in Meta’s income statement.
While on vacation earlier this month, it occurred to me just how dramatically the advertising world has changed for tourist-oriented businesses.
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Meta Excels at Copying, but at What Cost?
Innovation is an intriguing word. Every tech company thinks of itself as an innovative leader while claiming innovation is in short supply at their competitors.
Innovation is an intriguing word. Every tech company thinks of itself as an innovative leader while claiming innovation is in short supply at their competitors. Last week, frustrated at continuing to need to go through Apple to reach his users, Mark Zuckerberg made the outlandish claim that Apple hasn’t innovated in decades. It’s an especially bold claim as Meta’s claim to innovation has been excelling at copying and then monetizing features from competitors.
When defining innovation, it may be tempting to associate the word with being first or different. For the past two decades, we have seen many tech companies approach innovation as a race.
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Inside Orchard Membership
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Receive Exclusive Essays. The cornerstone of an Inside Orchard subscription is access to Neil’s weekly essays on the latest developments in the technology industry. Weekly essays are ~1,000 words and sent via email. Essays revolve around the following topics: technology industry analysis, business model analysis, technology’s impact on societal and consumer trends. Create a free profile to read a few sample essays.
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