According to CEO Mark Zuckerberg, Meta sees “an opportunity to introduce AI agents to billions of people in ways that will be useful and meaningful.”
Zuckerberg provided the most thorough preview to date during the company’s earnings call for the first quarter of this year, when it reported $28.6 billion in revenue and a record 2 billion daily users of the Facebook app, beating Wall Street’s expectations, despite being evasive about how precisely Meta will add generative AI to its apps. The quarter’s earnings for Meta was $5.7 billion, a 24 percent drop from the same period the previous year.
At the results conference, Zuckerberg stated, “We’re exploring chat experiences in WhatsApp and Messenger, visual creation tools for posts in Facebook and Instagram and ads, and over time video and multi-modal experiences as well.” “I anticipate that these tools will be beneficial for everyone, including average people, artists, and corporations.
Meta’s Zuckerberg reveals plans for AI in all products
For instance, after we perfect that experience, I anticipate that there will be a lot of demand for AI agents for corporate communications and customer service. This will eventually apply to our work on the metaverse as well, making it much simpler for individuals to develop avatars, items, worlds, and the code that connects them all.
Because of the corporate rebranding’s distraction and Zuckerberg’s attention on the metaverse, Meta originally put off developing the infrastructure required to support these sorts of AI capabilities, which caused it to recently spend billions of dollars remodeling its data centers.
Zuckerberg hinted that generative AI products will be available soon and said that “we are no longer behind in building our AI infrastructure“.
AI will touch every single one of our products, says Zuckerberg
With Google, Meta, and smaller competitors like Snap now vying to develop rival products, generative AI has emerged as the hottest technology trend in recent memory thanks to OpenAI’s ChatGPT’s exceptional commercial success. Although Meta earlier this year made the LLaMA AI language model available to academics, it has yet to introduce anything comparable to ChatGPT in a form that is broadly used.
That doesn’t seem to be the case for very long. Zuckerberg said ”Generative AI going to touch every single one of our products” and made a suggestion on how the innovation may help WhatsApp’s fledgling customer care operation. There will be a lot more firms that can afford to have people participating in chat if you open up the possibility for tens of millions of AI agents to operate on their behalf, he said.
According to Zuckerberg, even though Meta may be switching its focus to AI like the rest of the business, it is still committed to the metaverse.
He said the “narrative that has developed that Meta is moving away from the metaverse” is “not accurate,” as seen by the upcoming release of the new Quest VR headset. A $4 billion net loss was announced by Meta’s Reality Labs subsidiary in the most recent quarter, and the corporation stated that it anticipates “operating losses to increase year over year in 2023.”
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