Mark Zuckerberg, CEO of Meta, has communicated to investors that the company's substantial investments in artificial intelligence (AI) will require significant time before becoming profitable. Despite the extensive spending, Zuckerberg outlined three specific strategies for monetizing these AI investments. He also highlighted that Meta's AI assistant has already been tested by tens of millions of people. However, he cautioned that it might take several years for these technologies to start generating revenue.
#FPTech: Meta will take years to make money from Gen AI, says Mark Zuckerberg, upbeat about its prospects https://t.co/jE1lOXuGFa
Mark Zuckerberg says Meta AI assistant has been "tried" by "tens of millions of people" and it will take Meta several years to make money from generative AI (@alexeheath / The Verge) https://t.co/Esss6b9GQT 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/QRc9AL3qCs
Mark Zuckerberg laid out 3 ways Meta will make money from its huge AI investments https://t.co/K2oj7SbOdw
Meta investors are unhappy about profligate spending on AI, but Mark Zuckerberg’s big bets have paid off before, @DaveLeeBBG says https://t.co/pwsDTCcqMt
Zuckerberg says it will take Meta years to make money from generative AI https://t.co/9WyTXbiq8q
Meta CEO Mark Zuckerberg says investments in artificial intelligence are increasing, but he warned investors it may take time for Meta to profit from AI. https://t.co/YuUm9K2oYl https://t.co/SwNIBGM18G
Zuck tells $META investors they have a lot more spending to do before they expect to really monetize it, and says AI about 500 times ... https://t.co/3LMF7Q8fId