Not Crazy ..., says Facebook parent Meta top exec Alex Schultz on company overspending on AI

Meta is investing heavily in AI, with plans to spend up to $72 billion this year. Despite concerns of overspending, the company's marketing chief argues the strategy is bold yet rational, citing historical tech booms.

Not Crazy ..., says Facebook parent Meta top exec Alex Schultz on company overspending on AI
Meta is investing heavily in AI, with plans to spend up to $72 billion this year. Despite concerns of overspending, the company's marketing chief argues the strategy is bold yet rational, citing historical tech booms.