{"id":92610,"date":"2024-04-24T23:40:37","date_gmt":"2024-04-24T23:40:37","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/04\/24\/zuckerberg-says-it-will-take-meta-years-to-make-money-from-generative-ai\/"},"modified":"2024-04-24T23:40:37","modified_gmt":"2024-04-24T23:40:37","slug":"zuckerberg-says-it-will-take-meta-years-to-make-money-from-generative-ai","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/04\/24\/zuckerberg-says-it-will-take-meta-years-to-make-money-from-generative-ai\/","title":{"rendered":"Zuckerberg says it will take Meta years to make money from generative AI"},"content":{"rendered":"


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The generative AI gold rush is underway \u2014 just don\u2019t expect it to create profits anytime soon.<\/p>\n<\/div>\n

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The company is already quite profitable, having grown net income to more than $12 billion on $36.5 billion in revenue in the last quarter alone. But its revenue growth is expected to slow going forward. At the same time, it\u2019s spending more than ever on AI and the metaverse.<\/p>\n<\/div>\n

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\u201cHistorically, investing to build these new scaled experiences in our apps has been a very good long-term investment for us and for investors who have stuck with us,\u201d Zuckerberg said on the first quarter earnings call, drawing an analogy to the rollouts of Stories and Reels. \u201cAnd the initial signs are quite positive here, too. But building the leading AI will also be a larger undertaking than the other experiences we\u2019ve added to our apps, and this is likely going to take several years.\u201d<\/p>\n<\/div>\n

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He said that the Meta AI assistant has been \u201ctried\u201d by \u201ctens of millions of people\u201d since it was made widely available last week<\/a>, though that\u2019s to be expected given how prominently it\u2019s now featured in areas like the Instagram search box. The real test will be whether Meta AI becomes a product that people come back to often and if lots of people want to use an AI assistant in social media apps.<\/p>\n<\/div>\n

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Looking ahead, Meta sees multiple ways to monetize its assistant, which is free to use right now. <\/p>\n<\/div>\n

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\u201cThere are several ways to build a massive business here, including scaling business messaging, introducing ads or paid content into AI interactions, and enabling people to pay to use bigger AI models and access more compute,\u201d Zuckerberg said. \u201cAnd on top of those, AI is already helping us improve app engagement, which naturally leads to seeing more ads and improving ads directly to deliver more value.\u201d<\/p>\n<\/div>\n

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A different path than OpenAI<\/p>\n<\/div>\n<\/div>\n

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In the next year or so, Zuckerberg suggested that usage of Meta AI could also improve the quality of its ads, which implies that the company will analyze the way people use its assistant to better understand what they\u2019re interested in buying. This approach puts Meta on a different path than OpenAI, which has, so far, resisted advertising as a business model in favor of subscriptions and a nascent enterprise focus.<\/p>\n<\/div>\n

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\u201cI used to think that AR glasses wouldn\u2019t really be a mainstream product until we had full holographic displays,\u201d he said. \u201cBut now it seems pretty clear that there\u2019s also a meaningful market for fashionable AI glasses without a display.\u201d<\/p>\n<\/div>\n


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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The generative AI gold rush is underway \u2014 just don\u2019t expect it to create profits anytime soon. The company is already quite profitable, having grown net income to more than $12 billion on $36.5 billion in revenue in the last quarter alone. But its revenue growth is expected to slow going forward. At the same […]<\/p>\n","protected":false},"author":1,"featured_media":92611,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-92610","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/92610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=92610"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/92610\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/92611"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=92610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=92610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=92610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}