Bullshit:

Meta reported for its most recent quarter (Q1 2026, ended March 31, 2026):

• Revenue: $56.3 billion
• Net income (profit): $26.8 billion

That was up from:

• $42.3 billion revenue a year earlier
• $16.6 billion net income a year earlier

You’re half right. The way companies expect people to use passwords is unsustainable. People can remember a password. No one can remember a unique, hard-to-guess password for every login they have. So they re-use passwords. Password re-use is so common and unavoidable that losing a single password is disastrous. It should not be. This is one of the promises of FIDO and passkey, not relying on a password that can be stolen, guessed and re-used.

Carl Sagan’s warning seems relevant:

“I have a foreboding of an America in my children’s or grandchildren’s time – when the United States is a service and information economy; when nearly all the manufacturing industries have slipped away to other countries; when awesome technological powers are in the hands of a very few, and no one representing the public interest can even grasp the issues; when the people have lost the ability to set their own agendas or knowledgeably question those in authority; when, clutching our crystals and nervously consulting our horoscopes, our critical faculties in decline, unable to distinguish between what feels good and what’s true, we slide, almost without noticing, back into superstition and darkness…”