The first bullet on Zuck’s notes about competition is astounding. “Consumers have lots of choices over how to spend their time.” Facebook is prepared to make the claim that its competition is... other things that people dopic.twitter.com/xJoeuptQu8
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The be fair, FB’s business is attention and there are other platforms that mine attention eg Twitter YouTube etc
They're also pleasantly ignoring that they do everything in their power to make the content addicting enough so that you will keep coming back- but oh, no matter what you're choosing-to so it's your fault.
Still true though
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