[phillipcarter]

> I wonder how much of Meta the corporation is a scam waiting to crumble.

I imagine almost none of it. Social networks solve connectivity problems that people want solved. Talk to some "casuals" who aren't in tech about how they find out about new restaurants, social trends, arts and crafts, places to go visit, etc. and the answer is Instagram or TikTok. And FB does the same but for older generations.

Ads are also a fundamental revenue pillar in this world. You can layer in relevance ads for a product to anyone, at any time, for any topic. If something exists and people pay attention to it, there's a way to make money advertising around it.

There's ... certainly deeper questions to be had about if this stuff is actually good for us, but in the mean time, it's very real and worth a lot of money.