> They are an ad-funded moonshot R&D incubator, searching only for billion dollar lightning strikes.

No, they're an ad company that funds a small moonshot R&D incubator to ethicalwash them. If the moonshots work that's nice, but it's not the purpose.

netflix is tv/film licensing. [0]

facebook is a people database. meta is more people databases. [1]

contracting companies sell additional employee time to other companies.

welcome to the epiphany that many tech companies aren’t primarily software focussed. i was lucky to have a lecturer at university point this out to us fairly early on.

[0]: they started doing production — but that was just to be able to license more tv/films ;)

[1]: phrasing it like that puts a truly horrifying spin on their ad/data brokerage stuff i’ve just realised