The launch of ChatGPT created a race to develop superior AI models for diverse purposes, including labor automation and software innovation. Major companies are investing heavily in infrastructure for AI, with projected expenditures of $75 billion from Google, $100 billion from Amazon, and $80 billion from Microsoft by 2025. Conversely, Meta's AI strategies appear reactionary, marked by poorly executed features and benchmarks. Despite intentions to emphasize open source AI, Meta's efforts lack coherence and have led to user confusion and dissatisfaction with its products.
Building and deploying state-of-the-art generative AI models is extremely capital-intensive, resulting in an unsettling race for dominance among the richest companies.
Meta's AI investment rationale has been more about not missing out, leading to half-baked features and confused users across platforms like Facebook and Instagram.
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