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Evening Standard
Evening Standard
Lifestyle
William Hosie

Tech leaders want us to ditch Meta and X, but what are they offering instead?

Mark Zuckerberg announced Meta would be replacing its content moderation teams with user-generated ‘community notes’ (David Zalubowski/AP) - (AP)

In a scene from 2010’s The Social Network, a young Mark Zuckerberg sits down for dinner with Sean Parker, the playboy entrepreneur and founder of Napster. For those too young to remember Napster: it’s the reason we now have Spotify. Played by Justin Timberlake, Parker asks Zuckerberg a question which, looking back on it, feels almost quaint. “What’s better than a million dollars?” he says, teasing the future valuation of Facebook. Zuckerberg has never dared answer a question he doesn’t know the answer to – nor a statement articulated as a question that isn’t actually a question. So, after a pause, it falls to Parker to utter the three magic words: “A billion dollars”.

Fast forward to 2025. Meta Platforms, Facebook’s parent company – which also owns WhatsApp and Instagram – is currently valued at $1.52 trillion. That’s one thousand, five hundred and two billion. Zuckerberg is personally worth $211.1bn.

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