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Facebook’s No Good, Very Bad, Horrible Day!

The social media giant’s downturn was a long time coming

When your business model depends on profiting from your users’ ignorance, eventually the gig will be up. So it seems to be for Facebook, or Meta, which had a historically horrible day last week and began to lose significant numbers of users for the first time.

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Rita McGrath

Rita McGrath

Columbia Business School Professor. Thinkers50 top 10 & #1 in strategy. Bestselling author of The End of Competitive Advantage & Seeing Around Corners.

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