According to the article, Mark Zuckerberg, the CEO of Meta (formerly Facebook), is willing to invest heavily in artificial intelligence (AI) until 2024. He believes that AI will be a crucial technology for the company’s future success. Zuckerberg stated that Meta will continue to prioritize AI investments, even if it means sacrificing some near-term financial performance. He acknowledged that the company’s AI work is still in the early stages and that it may take years before it generates meaningful revenue. However, Zuckerberg is confident that AI will eventually create a significant amount of value for Meta and its users. The article highlights Meta’s commitment to AI research and development, with the company investing billions of dollars in this area. Zuckerberg sees AI as a key driver for Meta’s long-term growth and a way to enhance its products and services.
Source: https://www.businessinsider.com/mark-zuckerberg-happy-spending-big-ai-2024-10