Meta Warns of Worsening AI Losses
Wolfe Research Analyst Shweta Khajuria joins Caroline Hyde and Ed Ludlow to break down earnings results from Meta and Uber and what to expect from Amazon earnings coming out after the closing bell. She speaks on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of…
CNET
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@Skilliard
October 31, 2024 at 3:18 pm
Capex doesn’t inherently mean losses if those investments actually produce revenue or cost savings. That being said, I am very skeptical that AI investments will produce good returns.
@SirGenesis206
October 31, 2024 at 4:32 pm
Yeah, that’s what I wanted to say. Spending and losses shouldn’t be “same”. If I’m making $110-$120 billion and I want to spend some on the future, so what? I could just stop if it doesn’t work out.
@mariuscash2144
October 31, 2024 at 4:34 pm
Message is so clear..Mercedes is ditched. Meta is moving to ai ..
@BmW-ks5se
October 31, 2024 at 5:07 pm
ไหว้ กราบกราบกราบ กราบบุญบารมีบุญ กราบกราบกราบ (กราบสาธุ)(กราบสาธุ)(กราบสาธุ) กราบกราบกราบครับ
@AndrewMann205
October 31, 2024 at 7:07 pm
AI companies will only be hurt financially when investors see through all their hype.
@afterglow5285
October 31, 2024 at 8:18 pm
AI PEAKED
@rgen28
October 31, 2024 at 8:19 pm
Everyone should delete all account from meta.
@swedesam
October 31, 2024 at 8:22 pm
Huh, no way….nobody saw that coming from the billions upon billions in capex spending.
@HLTan-f6u
October 31, 2024 at 8:40 pm
Use their Ads before, no use at all.
@chesapeake566
October 31, 2024 at 9:02 pm
When I see investors worry about current AI spending and earnings on a quarter-by-quarter basis, I know they don’t really understand AI. As a former software engineer, I’m not sure how anyone who doesn’t understand large language models and transformers from a technical perspective has any idea what they’re truly investing in, the potential revenue streams of these models or how exponential its growth and earnings will be. These companies are spending hundreds of billions for a reason. They clearly see what’s about to happen. My AI investment timeline is 2-5 and 10 years. I couldn’t care less what they do this quarter or next.