The change won't actually apply to the Facebook site or apps, but rather to the overall corporation, which owns Instagram and WhatsApp, among other things.
While the idea makes sense in principle (in the sense of doing things, just for the sake of doing them), the execution just didn't really work for anyone.
The caps in particular were questionable.
Unsurprisingly, Elizabeth Warren wasn't a fan either.
And there were lots of Succession jokes.