There was a similar dynamic when FB bought WhatsApp. Although I think people kind of forgot about it after a year or two.
He's not wrong, you can't compete against blue sky R&D if you're focused on making something profitable. It's the innovators dilemma.
I agree, classic innovator's dilemma. It's a new business enterprise, has nothing to do with Meta's existing business or products. They can't be under the same roof and mush have independent goals.
same is true in many startups
True enough, but do you think the usual level of disparity is so vast that it ends up on the front page of international press outlets? I'm thinking the $100m pay offers etc
Happens with professional sports teams all of the time. I guess the difference is with professional sports the criteria for receiving the monster pay packages is a bit more objective.
It must also be massively demoralizing, particularly if you're an engineer who has been there for 10+ years and has pushed features which directly bring in revenue, etc...
Btw,
>But Mr. Wang, who is developing the model, pushed back. He argued that the goal should be to catch up to rival A.I. models from OpenAI and Google before focusing on products, the people said.
That would be a massive mistake. Wang is either a one-trick pony or someone who cares more about his other venture than Meta's, sad.