Meta wasted $300 billion on the metaverse and now burns cash on AI for a product given away free with no barriers to entry; free cash flow fell from $30-40 billion two to three years ago to minus $20 billion, so Meta does not benefit.

Let's talk about Mr. Zuckerberg. The guy has wasted $300 billion in the metaverse. He changed the company name from Facebook to Meta. This is ridiculous. He wasted $300 billion.

Now, he has created a product. Just think, they had a world-class business that was basically a monopoly , right? Instagram, Facebook, no one can compete with them. Those who have come can see that you have exclusive power.

Two years ago they had $30-40 billion in free cash flow. $40 billion, maybe two to three years ago. Now, they are going to negative free cash flow minus $20 billion. Okay ? That is, they are completely wasting cash.

They are creating a product called Muse. And you know what? Google made an announcement today. Apple will have one too. There are 40 such things coming. And it's a free product, Maggie.

So, think about burning cash. You have a cash monopoly. You're spending that cash on AI for a product that you're giving away for free, with no barriers to entry. It's just, you understand , so clearly, Meta doesn't benefit from this.