4 ms·
Not sure how meta is killing it. Their AI integrations into their apps like whatsapp, instagram are beyond useless. They were stuffed in there just to fool mar
by apwell23 2y ago
Not sure how meta is killing it. Their AI integrations into their apps like whatsapp, instagram are beyond useless. They were stuffed in there just to fool markets into beliving meta is some sort of ai player.
> That's the difference of a founder-led company vs. market led.
Zuckerberg is the most unimaginative CEOs of the them all. Meta never had a single original product ( save for portal device). All their products are acquisitions. Meta is phenomenally bad at innovation.
Zuckerberg seems to have pulled some sort PR campaign to cleanup his image. But we all know FB is still a shady company run by a shady man, nothing has changed in its rotten core. It was fined billions of dollars just this week by Texas.
Meta is far from a "founder led company" . All the founders of the apps he buys leave immediately and are in turn run by managment consultant types like Adam Mosseri .
> Once Meta finds the killer app for VR
Sad to see that ppl are still buying into metaverse hailmary zuckerburg scammed to convince markets that meta is still an innovative company amid slowing user growth.
I still don't understand how metaverse fraud pulled by zuckerberg wasn't some sort of SEC violation.
- 1d22a 2y agoMeta can still very much be an innovative company regardless of user growth though, right? They are very much innovating in the AI research space, and are absolutely leading in open* source research/models, even if their AI integrations are flopping. Sure, none of this research might be obviously contributing to their products in a share market sense, but it's still innovation which is contributing to the (entirely separate to their "product") AI research community.
- apwell23 2y ago> Meta can still very much be an innovative company regardless of user growth though, right? only till market tolerates it . they will shut it down once patience runs out like they did with metaverse nonsense
- Adrig 2y agoMeta has insane distribution. Even if they don't match the best AI integration in a couple of months, they can push it to 1 billion people in days when it hits. Same thing for AR/VR, they can afford to invest massively in different plans, use cases and form factors. Fitness, work, social, metaverse, gaming, hardware... It's a collection of bets and in this day an age, one great product-market fit can scale into billions of revenue. In a recent interview Zuck stated that he was surprised by how well the RayBans worked. It's also a great synergy with this new wave of AIs. Because they invested so much they might well get ahead in this race