Here’s my guess. People are pricing in the news about employee dissatisfaction - which is interesting. Seems like Zuck just went all in on AI. Like so much so that he’s betting he can piss off his entire workforce to the point of open rebellion.
We saw what happened with his last big bet in reality labs. I think people realize that if he doesn’t pull of his goals of replacing some of the most talented engineers in the world with ai he’ll likely never hire the most talented engineers ever again.
Not only that but he’s betrayed his principles. You can go back and listen to tons of talks from him about how employees are his secret weapon and what made meta so strong.
Meta is one of the most openly hated companies atm and definitely the most in FAANG. People outright consider the products evil now.
Curious what you all think?