Meta 广泛的消费者分发网络使其在推出 AI 智能体（如 Muse）时具备竞争优势，可通过免费访问实现，尽管存在与强制性高资本开支相关的风险。

This might be The agent is affiliated with Meta. Or Muse, or any other agent. Although OpenAI launched Her agent yesterday, and it seems It focuses more on Corporate clients, which Good for Meta.

And from Interesting Also, that this was Part of the hypothesis The positive aspect of Meta is that It has a distribution network Widely available to consumers The final one is not owned by any Almost another company.

So it is simply in Best position to launch a product Like Muse in the market And to benefit from it.

I think, on For example, when We were covering Meta news, This was one of the biggest My fears. And this applies The same on Alphabet, or Amazon, for example For example, where it is considered Meta is a good example.

In 2022, after responses The negative action of The market and spending on Metaverse, they said: Well, in 2023, We have a year of efficiency. Isn't that right? We spent Much less money. "then We suddenly saw flows Cash worth 20 or 30 At least one billion dollars During the two years Those coming, were not It already existed.

But Now, you need to Spending a certain amount of Money over the years The next ten. Therefore, You can't simply say "Well, the returns don't It's going as we hoped. Therefore, we must back down from Spending policy Excessive capitalism.

You actually have to spend That money because It is tied to a contract." This is it The scary thing for For me, where you feel like almost forced to Achieving the returns that Imagine it because you are obligated By spending this money, whether Whether it worked or not.

on For example, we talked With Meta Company about the center Data funded by Through Blue Owl, where They had to guarantee the value Specific to this center By paying rent over a period of time Approximately ten years.

So, even if it doesn't work The matter will remain binding. By paying for ten years.

I think this is The scary side. Therefore The reason, I think, is also Muse product met Highly acclaimed in The market when it emerged, where People believed that They finally arrived at A solution that seems good given Enough to compete with some Other laboratories.

They saw that this was The way you can It contains meta-integration intelligence Artificial in its product.

As Learn, Meta 3 Billions of users. In addition, There is a link between Users and businesses Which is advertised on Meta. And I think this is The main difference or The most important feature that Meta enjoys it on Long term, which X does not own it himself fate.

If you compare it, for example For example, with OpenAI, which is What represents an advantage for Meta is that They do not need The profit from that, isn't it? like that? Good, They will need that in The end, and they spoke Regarding a model where, on For example, they will take A percentage of what you buy from During Muse. But they are not Need to profit from it now.

Which leaves room Widely used by Meta, Which can also make This service is free. For example, if She asked me, how many People who They will use Muse from Meta Compared to Grok?

I believe The number of Muse users It will be much bigger.

Yes, I don't think that Brand Grok and its relationships The general public is as good as Muse. At least for the time being present. But no, I think that The exciting thing Interestingly, Meta is Who is doing this, Alice?

like that? Because Meta is a company Social media, isn't it? like that? In the end, they In the field of advertising sales . They are not a group Production programs, as well as Learn, where you will connect them Automatically create an agent It would bring back Structuring your entire life And I completed it.

It seems strange with Meta, because I wonder: Should I sell my soul to Facebook? And Instagram? unless They have sufficient data About me? "Now they get More data, This type of company Like Meta, he has a reputation Bad. It has always been like that.

So I feel that they are They are still spending all that Money, but as As I mentioned earlier, it seems They want to enter the sector Infrastructure in The market. I don't know why They don't.

I believe That they could have done That, however, did not They completely give up The model itself, which is a I don't fully understand it. But I would be surprised now if They released a good agent Enough.

I mean, maybe They launch an agent, but A good enough agent To compete. I don't see that almost. I mean, almost They have to do that.

But I also think that What we saw partially in field of intelligence artificial during The past two years, he If you are the first In launching a new product Exactly, isn't that right?

This will help you. It seems It's as if he doesn't It is still a commodity, but It helps you. So, the method Which Meta followed, on For example, by not Integrating it into Meta applications Main page, but as an application Independent, I think it It was important and it was accomplished.

A great success. For example Meta AI was present in WhatsApp and Instagram, and perhaps in Facebook all the time, but No one used it. Then he appeared This is the new app. Technically speaking, This app helped in Meta distribution, but outside Main applications. And he achieved great success.

It seems that Meta's interface is very good. and its brand Successful. As you know, no I want to say that they have The advantage of leadership, because The advantage of leadership in the field Technology may be Temporary.

But yes, they They have all this Current interest.

Isn't that so? He uses it People shopping, and this It reminds me of what we talked about In the episode "Meta", where Each pixel turns into Announcing over time Within the app.

Meaning This, for example, That after five years, it will not You need to see an ad Normal on "Meta" or Instagram," but you will see A picture, then you see a jacket You like it.

From the perspective Technology, using artificial intelligence Suitable, you can Simply put, the question is inside Application: What is the name of this? The jacket? Where can I Buy it?

Thus, it transforms Every picture and every video to Advertisement for all products Which you see. And from From a technical standpoint, it may She wonders: What impact will that have?

On advertising prices In Meta? Because they have Currently, it's an auction system. Isn't that so? This means Increased demand will lead to At least in the long term Short, to decrease Advertising rates. in In this case, if Continue to show Regular advertisements, But they cut off a part From fees or price When purchasing a particular product, Prices will not change Ads on Launch, right?

At least not in a mechanism Bidding. So, I expect that they resort to this The method is used repeatedly.

And others, I think Meta Which I talked about Just now, the company The only one that doesn't happen A radical change in Her advertising work from Through agents. Because I When I browse Instagram I don't go shopping.

Meaning I told you that sometimes Go to Instagram To view ads Only, but generally people They don't use Instagram To purchase any products, correct ? I mean, it's more like That you are viewing ads While browsing For short videos Or pictures or anything else And you're having a great time.

But if you enter Amazon, you want shopping. So, you Browse the products, and That moment you see You advertise it and then buy it. Immediately because you want to buy Something now.

I think that These ads are difficult Defend it. As for As for Meta, the matter It's different, because even if The ads stopped on Amazon is out of work, I will remain Go to Instagram.

I will keep seeing ads Their products and advertisements Building signs Small business. That is, they are investors from From a technical standpoint, as We talked about that in The episode too. if You advertised on Meta, so you You want to achieve an immediate return.

So, the idea is that you You see the advertisement and buy it. Immediately, but the engine The ads will continue to run. Even if you use Uber. For example The idea is to see Advertisement for something you want By consuming it immediately, then You ask for it.

If you don't return Uber is used for browsing Advertisements, it will not be Ad template Effective. And this applies The same thing on Google. if I wanted to search for a restaurant in Another place, you will see The advertisement, and the idea is Click on it immediately.

Therefore, I think Meta may It changed, and this is what happened. In about two weeks. I moved from a company that mastered artificial intelligence, At the same time, She is affected by it, as one of Very few companies In this field. on At least that's what it seems.

That's the situation now. Things change quickly. It's big, but I think that This is the current situation Meta and Model Company Its advertisements compared Many companies The other.

I love this aspect From investment. I would like to Added, as we mentioned in Meta loop, I prefer Investing in a company that does not Half of its revenue depends on Approximately on Anthropic Artificial intelligence Open.

Meta, on For example, do not rely On them. She doesn't have the same Type of computing business cloud-based, and therefore There is no commitment of value 200, 300, or 400 billion Dollar from a company that Its revenues exceed Currently $40 billion.

So, I like this. The side also, where no I strive To get to this The level, isn't it?

Meta recently announced Launching her business in the field Cloud computing. permission They want to reach There. This is correct. However, as Learn, even in those The stage depends Kind of on how Their implementation of that. on For example, what I imagine that their customers They may be from companies The small one that is limited Its advertisements and dealings With Meta, not the companies The large one she owns Google and Amazon in Most likely.

Also, because we We have noticed that the computing market Cloud stable Extremely. Despite The significant growth that Computing services achieved it Google Cloud Amazon and Microsoft In the past two years, However, this is not due to Customer change For their cloud services. but rather It comes down to joining More customers, then Google users move Sweet for a long time Google Cloud.

It is true that Amazon had an advantage Leadership, but you don't see it A change in customers. Therefore, I don't think Meta It will capture a lot of Google or Amazon customers Or Microsoft.

On any Now, if it works, I think they will get On a new customer base Absolutely, and often These companies Medium-sized that Meta is currently in use. So They might get Investments from OpenAI and Anthropic, but I don't think This will inevitably happen .

The problem is The "meta" episode is that we We had to record it before Our conference in the city New York, but things It went well. Because we were traveling a lot. So, it was We have two weeks between The two broadcasts.

And of course, he witnessed These two weeks more New news about Dead for two years or three. So, I think we We will broadcast a special episode To discuss all Topics. We will answer Any questions?

that it A very interesting topic, and it has A personal connection to my wallet Investment. Swear to me luck, sort of By timing, because I bought the shares when We recorded the episode, then it proceeded Things are going well in The following weeks.

But I wouldn't be surprised, Given the spread Services in this field So, as I mentioned, Google has launched another agent Within ten weeks, This will change the picture Entirely.

Therefore, we plan to broadcast an episode Another one on Tuesday Next. Perhaps it will be A good opportunity to talk about Meta in more detail .

Second, the agents They compete with each other, Isn't that so? Companies like Alphabet, Meta, and Cloud seek All of them to provide agents Everyone wants to Their use, therefore, They strive to provide the best Results and more benefit.

Perhaps regarding Airbnb, it has This thought crossed my mind. It's simple, but no I know your opinion. We talked about Meta site, for example For example, the fact that you You go there for entertainment.

And that's why, on For example, in Continued success of the business The advertisements are in it.