Skip to main content

Slashdot: Will Mark Zuckerberg Retire From Facebook in 2022?

Will Mark Zuckerberg Retire From Facebook in 2022?
Published on January 31, 2021 at 11:04AM
Among tech pundit Robert Cringley's predictions for 2021? "This year is going to be a tough one for Mark Zuckerberg." [W]hile I don't expect Zuckerberg to abandon his CEO job this year, he eventually will, simply because it isn't as much fun as it used to be and there will come a point (maybe in 2022) when leaving the top job will help Facebook's stock... Zuckerberg no longer has any who have faced what he is facing today. He has outgrown his own psychological support system... Zuckerberg's primary role models have been Steve Jobs, Bill Gates, and Larry Page. Each modeled different ways to manage through dominance. Steve was a brilliant tyrant ("I know I'm an asshole," he told me more than once); Bill tried to technically dominate by claiming to identify bad code from across a room (he really can't); Larry taught by example to hide behind the algorithm, blaming it for, well, everything from nonexistent customer service to employee income inequality. The only unique truly self-actualized character in this mentor group was Steve Jobs and Steve is dead... But none of those guys faced what Zuckerberg faces today, calling all the shots and making all the hard calls by himself. That has to be exhausting... [T]he social media market is in transition and none of my kids have Facebook accounts, which I think is telling... And so 2021 will see Facebook poked and prodded and taxed and regulated and possibly even torn apart. Google will be, too, but Facebook is frankly less essential and more vulnerable. How Zuckerberg responds will be where he blazes his own managerial trail. However it goes will take a toll, though, and even Zuck will eventually decide it's better to become a philanthropist and find some new way to change the world. Though probably not until 2022.

Read more of this story at Slashdot.

Comments

Popular posts from this blog

Slashdot: Spain-Backed Fund Joins FOSSA's Sovereign Satellite Communications Push

Spain-Backed Fund Joins FOSSA's Sovereign Satellite Communications Push Published on 2026-06-28T22:05:00Z Spanish startup FOSSA Systems "has raised about $10.5 million to expand its connectivity constellation," reports Space News, noting some funding is backed by Spain's government: The support from the Spanish Society for Technological Transformation (SETT) comes a year after the fund injected 14 million euros into Spain's Sateliot , which is also developing a satellite connectivity network with security and defense applications. Spanish private investment firm Kibo Ventures led FOSSA's funding round, the six-year-old venture announced June 24, bringing its total raised to date to nearly 20 million euros. The proceeds will help fuel FOSSA's push beyond the tiny picosatellites it once used to connect low-power monitoring devices toward larger cubesats in low Earth orbit, enabling additional sovereign communications and space-based intelligence capab...

Slashdot: AT&T Outlines $250 Billion US Investment Plan To Boost Infrastructure In AI Age

AT&T Outlines $250 Billion US Investment Plan To Boost Infrastructure In AI Age Published on 2026-03-10T20:00:00Z AT&T plans to invest more than $250 billion over the next five years to expand U.S. telecom infrastructure for the AI age. The company says it will also hire thousands of technicians while partnering with AST SpaceMobile to extend coverage to remote areas. Reuters reports: Rapid adoption of artificial intelligence, cloud computing and connected devices has prompted telecom operators to invest heavily in fiber and 5G networks as they also seek to fend off intensifying competition from cable broadband providers. AT&T, which has about 110,000 employees in the U.S., said the new hires will help build and maintain its infrastructure. The outlay includes capital expenditure and other spending, the company said. The spending will focus on expanding its fiber and wireless networks, including accelerating deployment of fiber broadband, 5G home internet and satellite co...