Facebook's existential dilemma is that it costly-signals tech > money > morality, cheap-signals morality > money > tech, but has actually failed to do truly interesting tech in the last decade in proportion with its reputation and costly signals.
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Interesting rant, though I don’t agree with it. I think Facebook is a Hanlon’s razor company. Those who leave believe it is malicious. Those who stay (like me), believe it is incompetent. In a specific way — the product side isn’t strong enough to resist capture by the ads side. twitter.com/doctorow/statu…
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