Just a day later, Meta Platforms, owner of Facebook, Instagram and WhatsApp, smashes earnings and revenue forecasts in the March quarter – and its shares tank,
He even warned that history shows the company’s share price will bounce around during this phase of scaling new products before monetising; exactly the same thing happened as Meta invested in mobile platforms and services, which turned out to be big money spinners. Embedding what Zuckerberg grandly claimed could be the world’s best AI assistant into Facebook, Instagram and WhatsApp would clearly be great for engagement. Helping businesses use AI to create better advertisements and posts will also sell premium ad products.
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