Comment by rgavuliak
2 days ago
I don't think it's about perfect predictions. It's more about going all in on Metaverse and then on AI and backtracking on both. As a manager you need to use your resources wisely, even if they're as big as what Meta has at its disposal.
The other thing - Peter's principle is that people rise until they hit a level where they can't perform anymore. Zuck is up there as high as you can go, maybe no one is really ready to operate at that level? It seems both him and Elon made a lot of bad decisions lately. It doesn't erase their previous good decisions, but possibly some self-reflection is warranted?
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