Is Meta's large AI investment quickly yielding profitable results?
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Meta has faced challenges due to large AI investments. What compelling instances, like Amazon's cloud expansion, illustrate that these tech outlays are quickly becoming profitable?
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You're spot on about Meta's big push into AI stirring up some worries. However, I see it a bit like what Amazon did with its cloud services (AWS) – it has the potential to pay off significantly. Meta's work on AI is already improving the user experience, which is a win because it leads to increased ad revenue and keeps people engaged.
Furthermore, in the long run, this could help Meta operate more efficiently and enable ads that target audiences more effectively, positioning them for substantial profits down the line.