Ten years later the answer is the same: NO! You are running a TGV train, Mark. TGVs can only generate cash, not breakthrough innovation.
So, what’s the moat for facebook/meta? AI capabilities for content generation, better discovery, next level communication platforms (whatsapp/messenger) and video (Instagram).
The users are already there and waiting for better products.
Source: House Judiciary Antitrust Subcommittee (2020) and later published by @techemails