Different users. Many people care about privacy and aren’t using Meta products. And many businesses care about it too and have information policies to protect their IP.
70% of the world’s population use at least one Meta property at least once per day. How many of the other 30% are too poor/young/computer illiterate to be part of an addressable market?
Every company has dozens of SaaS products that store their business critical information. Amazon installs Office on each computer, Slack (they were moving away from Chime when I left), and the sales department uses SalesForce - SA’s and Professional Services (former employee).
The addressable market of even companies that care about privacy is not a large addressable market. How long will it be before computers become cheap enough that can run even GPT 4 level LLMs that companies will give it to all of their developers?
> Different users. Many people care about privacy and aren’t using Meta products.
Yeah but if they can rake in 100x as much by making products for people who don't care about privacy, then why spend time developing stuff for people who care?
There is still a small market left, of course, but that market will not have the billions of R&D behind it.