Facebook just spent 40 billion dollars on their AI infrastructure. Can they recoup those costs with stuff like this (especially after the VI debacle)? I doubt it. AI has been a wild ass jagged wasteland of economic failure since the 1950's and should be used with extreme caution by these companies...Like is it worth peoples time to spend ten\fifteen dollars (they have to eventually charge for this) to let AI create a, to be freank, half-assed valley of the uncanny movie? I respect the technology and what they're trying to accomplish but this just seems like they're going completely all in on an industry that's laid waste to smarter people than Mark.
In Facebook's case they have more to gain than just nifty gen AI features - better ads, content recommendations, etc. The investment in AI infra is a moat, and is why FB's ad platform has proven to be much more resilient to tracking changes than their competitors (e.g. Snap).
You're right, Meta shouldn't invest in a breakthrough technology. They should focus on what really matters: delivering short term value to shareholders
