Earlier quoted context omitted.
It’s not that easy. This is life and death for Facebook. TikTok is really taking over and is a force. It’s also a Chinese company and so they can’t buy it. They are forced to compete, either they do this or become fully irrelevant
Facebook is dying, but not because of TikTok. Facebook is dying because they stopped being Facebook. If they gave what's left of their userbase what they actually wanted (chronological feed, seeing friends posts, not seeing spam, more ways to interact (bring back pets, gifts, superpokes etc)) they'd do ok. It doesn't help that their core code is a steaming pile of bloated dung that doesn't seem to be tested by anyone…
I'd love to have something like that again that everyone uses, but everything is about goosing the influencer economy now rather than letting me socialize.