Consider that Zuckerberg knew Facebook was shedding users when they announced th name change to Meta. He is flailing because growth not only stalled but his users are leaving.
Facebook is a company that does not know how to create content. Their content is their users and whatever entertainment value user posted content generates. It's getting very stale because their censorship and insistence on ideogical conformity. Advertisers are not goint to keep paying for access to a shrinking population that is just an echo chamber of crap.
That's why Zuckerberg is betting everything on VR and VR and proprietary Oculus hardware. His hope is that 3D user created content save Facebook from it own creative stagnation. Facebook Horizon isn't even drawing flies. It's like Secondlife VR, but without legs.
https://m.facebook.com/horizonworlds/https://m.facebook.com/horizonworlds/