4 ms·
Right around the time Meta stopped setting 100's of billions a year of cash on fire in the metaverse and pivoted to Ai.
by blitzar 1y ago
Right around the time Meta stopped setting 100's of billions a year of cash on fire in the metaverse and pivoted to Ai.
- philipallstar 1y agoTo open-sourcing AI models though, no?
- blitzar 1y agoTo pay $100mil to ai devs. I have a theory that Meta execs was so focused on the Metaverse that the Ai team succeeded thanks to the lack of supervision and interference from above - there was probably a board discussion between 2019 and 2022 about firing them all and just focusing up the Metaverse stuff becuase they were dead weight on the core mission of colonizing the Metaverse. Turns out the Ai team was the lifeboat to save the drowning Metaverse.
- froidpink 1y agoMeta has been investing in AI for more than a decade
- blitzar 1y agoAnd yet their quaterly and annual reports dont mention it at all till 2022 and the team are now being "helped out" by new $100mil talent. There is an amazing team there that did the work, I am just saying it wasnt the visionaries vision that made that happen - and if it was they certainly wouldnt have let the Ai team publish or opensource their work.
- gary_0 1y agoLonger than that, for sure. They were deploying ML systems at least as far back as 2011.[0] [0] https://en.wikipedia.org/wiki/EdgeRank https://en.wikipedia.org/wiki/EdgeRank
- buyucu 1y agoIn my experience success of a project is inversely proportional to executive attention. The best thing seniour leaders can do is to get out of the way.
- dragontamer 1y agoI thought Meta put a total of maybe 30Billion in Metaverse? A lot of wasted money but not 100B++
- cedws 1y agoReality Labs is still a thing, they’re still working on VR/MR.