this post was submitted on 23 Jun 2023
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Meta could probably mitigate at least some fears about this if they did any planning or discussions out in the open.
I get they want to have a massive "reveal event" or something, but come on...
It's entirely possible (but perhaps unlikely) that this is a passion project by some engineers and Facebook is just sponsoring them "hands off".
I dunno... this has rings of Libra (now Diem?) to it. Given engagement on Meta is down, it feels more like a playbook to tap into the zeitgeist and capture the shift in traffic.