2023-04-27 04:22:38
Meta’s top executive, Mark Zuckerberg, vindicated this Wednesday the company’s work in the development of artificial intelligence (AI)a race in which other big tech companies stand out, and insisted that the metaverse remains a priority.
Meta today reported its first quarter results, in which its metaverse division, Reality Labs, created in 2020, continued to deliver losses up to 4,000 million dollars, but Zuckerberg showed his confidence in that business in a subsequent virtual conference. “A narrative has developed that we are moving away from our vision of the metaverse, and I want to say directly that that is not true,” he said, possibly referring to speculation by some analysts that AI is the new “obsession.” of the executive “We have been focused on both AI and the metaverse for years and we will continue to do so,” he said, considering that the two areas “are related” and are two “big waves of technology” that mark a “roadmap” from the present to the future. future for the company.
He assured that AI is behind the “massive infrastructure of recommendations and rankings” that drives the products of its Facebook, Instagram and WhatsApp applications, from the ‘feeds’ to the ‘reels’, through their advertising and integrity systems. In that sense, AI “has driven many of the results seen today,” he said, referring to the figures for the first quarter of 2023, in which billings increased 3%, although profits fell 24% due to the increase. of costs, including a wave of layoffs. “More than 20% of the content on your Facebook and Instagram is recommended by AI from groups of people or accounts that you do not follow. On all of Instagram, that’s 40% of the content you see,” he explained.
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He also noted that Meta is working on new generative AI foundational models and that its focus is creating “open source” to make it easier for more people to experiment with and improve them, as in the case of its LLaMA tool, which it unveiled in March.
But Zuckerberg maintained that advances in AI have been crucial to lay the foundations for what will be the metaverse and added that this same digital world “will also help develop AI”, for which he reiterated that it is a “long-term project term” to which it remains “committed.
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