- Meta CEO Mark Zuckerberg advises investors that while generative AI holds promise for future profits, returns may take years to materialize.
- Despite Meta’s strong financial performance in the last quarter, Zuckerberg cautions that the development of leading AI technologies will require significant time and resources.
- Zuckerberg outlines potential monetization avenues for Meta’s AI assistant, including business messaging expansion, ad integration, and offering enhanced AI models for a fee.
In a recent earnings call, Meta CEO Mark Zuckerberg addressed investors’ expectations regarding the company’s investments in generative artificial intelligence (AI). Despite Meta’s robust financial performance, Zuckerberg emphasized that returns from AI development may not be immediate. He highlighted the importance of sustained investment in AI technologies, foreseeing potential profits in the future but acknowledging that realizing these gains could take several years.
Zuckerberg discussed the potential monetization strategies for Meta’s AI assistant, which has garnered significant user engagement since its recent rollout. He mentioned possibilities such as expanding business messaging, integrating ads or paid content into AI interactions, and offering users access to enhanced AI models for a fee. Additionally, Zuckerberg expressed optimism about the role of AI in enhancing user engagement and refining ad delivery on Meta’s platforms, potentially leading to increased ad exposure and revenue.
Furthermore, Zuckerberg touched upon the success of Meta’s smart glasses in collaboration with Ray-Ban, highlighting their popularity and the growing demand for fashionable AI-enhanced wearables. He noted the recent availability of the device’s multimodal AI capabilities, signaling Meta’s commitment to innovation in wearable technology. Overall, Meta’s strategic investments in generative AI and wearable technology underscore its vision for future growth and profitability.
