Opinion: Meta Is Beginning a Long-Term Decline Into Irrelevance
By
Julia Angwin
Solid neighbourhood-bakery energy. Trustworthy and warm.
Summary
This opinion piece argues that Meta (formerly Facebook) is entering a terminal decline similar to AOL in 2003 and Yahoo in 2015. The author contends that Meta, despite being a powerful media organization and S&P 500 member, has begun a long, slow slide into irrelevance. The article frames this as a positive development, suggesting it's overdue.
Key quotes
· 3 pulledThere is a moment when internet companies get the stink of death on them.
For Meta, that time is now.
I believe the company — one of the most powerful media organizations in the world and one of the most valuable members of the S&P 500 — is at the start of a long, slow decline.
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