What is meta trying to become with all this AI spending

He ran out of other people’s ideas 20 years ago.

If you’re not growing, you’re dying. You have to try something even if it’s futile

As a shareholder as well, I think the play is to use AI to improve ad targeting and customization. Which is a valid use. The biggest problem any ad-seller has is that from 1000 showings, it only converts a fraction and that’s what it gets paid for. If somehow they could modify the ad dynamically to improve conversion rate or better gauge what’s the most profitable ad to show to a certain individual, that improvement goes straight to their bottom line. And it would be massive.

Most of his ideas failed, some spectacularly. He also has too much say on how meta is being run. He’s the very reason why I’ll never buy into meta.

No one knows. Hence -8% yesterday. Zuck is cucking himself

Meta has made some amazing strides in terms of workflows using machine learning – specifically for use with biological research. I use 2 of their modeling tools myself regularly and have had great success with both – ESM for protein sequences and SAM3D for tissue image processing.

I know people LOVE to shit on Meta and Zuckerberg, but I as a user of these two AMAZING products out of Meta research, have great expectations from them in the coming years. Most of the time, when I see people making the stupid jokes about meta and Zuckerberg, etc and how NO ONE uses their products anymore, makes my eyes roll back into my head. Clearly these people have not used everything that Meta is doing and have perhaps just looked at other comments on Reddit that talks smack about Meta and then just parrots that.

I am buying Meta hand over fist at these prices

Edit: if people are interested, this is the paper showing how ESM was trained and what you can do with it. It’s truly, absolutely, unbelievably fascinating – Biological structure and function emerge from scaling unsupervised learning to 250 million protein sequences | PNAS https://share.google/fd3fFgehJ4gowFfJk

money launder?

Meta is advertising company.

Advertising companies make money when they have unrestricted data tracking capabilities, which are provided at the whim of the hardware companies (Apple, Google).

Currently, Apple and Google often change or restrict what data Meta can track and use, or they allow their users to do so.

The Metaverse was a bet on meta becoming the next hardware company (headsets, glasses) that would invent and replace the current dominant hardware form factor (smartphones). They haven’t managed to do that yet, and may not, but they are working on it. You can’t create the future without spending a lot of money.

AI appears that it may also be that “next hardware platform”, maybe in the form of glasses, maybe a pin, etc. if so, Meta wants to try and be the dominant platform. A bonus is that Meta already has a lot of AI spending from its heavy use of AI to work around the restrictions that Apple and Google have previously placed on them.

That’s basically why.

But at some point the spending can overtake the potential return on investment. And it’s not yet known if we’re there yet. It’s unlikely we are there yet (think of the size of Apple iPhone sales for example).

My understanding is they built a bunch of AI tools into the ads dashboard so you can now do a lot of stuff on the platform you used to have to pay 3rd party services for.

Same as metaverse.

Zuch suffers from BDS, billionaire derangement syndrome, where they were successful with one thing, and now they think they’re a genius on everything. Dude changed the name of the company after a failed venture of the most epic scale. All they are is an advertisement company, so they’re spending tens of billions just to try and make a few more billion. All he’s doing is showing what a complete idiot he actually is