Mark Zuckerberg Decided To Shift Meta's Focus Away From Boomers: 'I Would Bet We'll Even See A Millennial President Within The Next...'
Mark Zuckerberg, the CEO of Meta Platforms Inc., made a bold prediction about the future of the U.S., foreseeing a millennial president by 2032, after a chat with Palantir Technologies Inc.’s Peter Thiel.
In a leaked internal memo, Zuckerberg discussed the potential shift in the U.S. political landscape and its implications for Meta’s future strategy.
The internal emails were revealed as part of the Tennessee v. Meta (2024) lawsuit.
Don't Miss:
Amid the ongoing EV revolution, previously overlooked low-income communities now harbor a huge investment opportunity at just $500.
Elon Musk and Jeff Bezos are bullish on one city that could dethrone New York and become the new financial capital of the US. Investing in its booming real estate market has never been more accessible.
Zuckerberg has been contemplating the future of the world in 2030 and the potential changes in key societal institutions.
"By the end of this decade, we expect more of these institutions to be run by and for the benefit of millennials and younger generations," Zuckerberg said.
"I would bet we’ll even see a millennial president within the next few cycles by 2032."
He anticipates a rapid shift in the leadership of these institutions from the baby boomer generation to millennials and Gen-Z as the latter gains voting power and the former diminishes.
He also suggested that this shift will require Meta to reposition its messaging to better resonate with millennials and younger generations.
From a policy standpoint, Zuckerberg emphasized the importance of preparing for future debates and aligning with the interests of the upcoming generations.
See Also: This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100.
He also noted that Meta’s core demographic is evolving as the company’s products cater more to individuals in their 30s with children.
Mark Zuckerberg emails Peter Thiel
January 4, 2020 pic.twitter.com/0oqreeFKUO— Internal Tech Emails (@TechEmails) July 7, 2024
This comes amid a series of legal challenges for Meta and Zuckerberg. The company has been accused of neglecting children’s safety on its platforms, leading to a lawsuit by the New Mexico Department of Justice.
Meta is also facing a class-action lawsuit over alleged misrepresentation of its advertising audience size.
Additionally, the company is grappling with a $3.8 billion lawsuit in the UK over its data collection practices. Against this backdrop, Zuckerberg’s memo suggests a potential shift in Meta’s long-term strategy to align with the changing political and social landscape.
Read Next:
Gen Z and Millennial millionaires couldn't care less for stocks and bonds — Here's what they're buying instead.
Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average?
"ACTIVE INVESTORS' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro - Click here to start Your 14-Day Trial Now!
Get the latest stock analysis from Benzinga?
This article Mark Zuckerberg Decided To Shift Meta's Focus Away From Boomers: 'I Would Bet We'll Even See A Millennial President Within The Next…' originally appeared on Benzinga.com
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.