Yahoo Finance Breaking Business News Reporter Jake Conley, Semafor business reporter Rohan Goswami, and Yahoo Finance Senior Autos Reporter Pras Subramanian discuss the latest Meta (META) headlines.
Meta out this morning with the news of they call it Muse Glimmer. It’s a new AI model, light enough to run at home on your own computer. You download it, you can tweak it however you want, kind of appealing to the the customer, the you and I. We also saw Mark <a href="https://bitcomme.com/zuckerberg-lays-out-vision-to-put-superintelligent-ai-in-everyones-hands/” title=”Zuckerberg lays out vision to put superintelligent AI in everyone's hands”>Zuckerberg coming out this morning with this, I think it was 6,500 word essay arguing the personal super intelligence for everybody.
I did read the essay. This idea that suddenly Meta is moving altruistically. This isn’t this isn’t a new one, right? We had this with the open internet back in the day. We’ve had various sorts of rebrands and PR pushes.
Yeah, yeah, yeah, yeah, yeah. I know. Yes.
Well, this has been the question for Meta going back how long? The metaverse, the glasses, the goggles. Again, I’ve said this here multiple times and I’m going to get some angry emails too. It always feels like they’re just a bit behind the ball.
So, let me two things I say. Quote from the from the essay. Meta’s mission since our founding has been to focus on putting peop power in people’s hands.
Sure it has.
Yeah, exactly, right? But then on the flip side, I think it kind of makes sense to do what to to do what they’re doing right now with this with the the the open claw moment for them, right? Right. But basically saying putting in your hands, right? But what that really means is down the line is, hey, we’re going to have our own deep seek type thing where you don’t need to like pay frontier models so much money.
And that is why they will win. Right. because because the US government, there there is a stunningly shallow bench of of open
Yeah, and are good.
That’s right. And so Meta, whether this is altruistic or a bit of political calculus or a bit of economic calculus, this is a great move for them if it works and if there is adoption because the government will look at that and smile and if anything, make them a preferred vendor.
They’re also going to be selling that excess compute back, making more money there. You see that Mark Zuckerberg feels like he’s, where can I extend this just a little bit further? Where can I find? And look, if you’ve committed to spending $2 trillion, makes sense to broaden out the customer base.
It does, although it should it should alarm shareholders, I think a little bit that a company, company’s primary obligation is to be a good steward of capital, misassessed their own demand, which they should know better than anyone for data centers and compute. And Mark can say whatever he wants about this always being the plan. I’m sure he will, I’m sure he has. Um, the fact that you are overbuilding or overcommitted to a degree that you need to start building out a new business line, um, is is disturbing and a little scary. And it also says something deeper, I think, which is that if Meta could, they would get out of it.
