What the Past Year Taught Meta

In this episode, Jagjit Chawla, the VP who runs Facebook's Feed and Reels, returns to see how his predictions from our June conversation have landed. Back in the spring, he described Meta as a company racing to turn PMs into builders. Since then, Meta has become a smaller, flatter company. We get into how that version of Meta, with fewer PMs and layers, pulled in record revenues with its smallest team in years.

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Key topics:

• A smaller, flatter Meta building more, not less

• Why "the glory days of being a PM in big tech are still ahead of us"

• Pointing AI agents at Meta's old codebase to scaffold a new app in weeks

• The new IC9 and IC10 ladder

• Why design and data science aren't shrinking

• Why Jagjit reversed his opinion on PMs shipping production code

• Explaining AI evals using bath towels

• The interview question that screens for "AI PM" judgment

• Why he isn't worried about the industry's next hiring swing