Yes it’s a negative feedback loop created by the very bad product decisions they made to optimize for local maxima of getting more ads revenue. You inject more and more ads followed by more and more suggested content, thereby reducing the in network content. The in network content doesn’t get as much of traction, therefore people stop posting. This in turn forces the feed to have more and more suggestions and a few s…
It's an interesting exercise to think about: suppose you're in the meeting room and you're the product guy and you'll make this case. Indeed let us not optimize for the presently advantageous local maxima lest it come back to swallow and end us. How is this communicated? And what does it take to convincingly persuade people, or investors of this -- to even bear through a temporary downward period with the understandi…
They didn’t build the iPhone or even like Google Maps and Google Images by walking into the meeting room with data. They instead said “what if maps were as easy as we’ve made search”
Of course it becomes a problem when no one even to the CEO level has lost vision. Never put the numbers guy in charge.