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Meta Tells Its Metaverse Workers to Use AI to ‘Go 5X Faster’

Wired · 2d ago

Meta Tells Its Metaverse Workers to Use AI to ‘Go 5X Faster’

Meta is urging its metaverse employees to adopt AI to boost productivity fivefold, not just incrementally. The initiative, led by Metaverse VP Vishal Shah, aims for AI to be a fundamental tool across all workflows. This reflects CEO Mark Zuckerberg's vision for AI to play a critical role, predicting that most of the company's coding will be AI-generated soon. However, concerns arise about AI potentially reducing workforce numbers and complicating code management.

Related News

Mark Zuckerberg's $47 billion metaverse bet will take at least a decade to be 'fully realized,' says Meta exec

Business Insider

Business Insider · 1y ago

Mark Zuckerberg's $47 billion metaverse bet will take at least a decade to be 'fully realized,' says Meta exec

According to Meta executive Nicola Mendelsohn, despite losses of nearly $50 billion, Meta is still investing significantly in the metaverse. Mendelsohn stated that it will take around a decade to achieve Meta's fully realized vision and highlighted investments in both AI and hardware for the metaverse. Meta's Reality Labs division has already faced accumulated losses of $47 billion since 2019. Mark Zuckerberg had previously clarified that Meta is not transitioning to AI, as the company remains focused on both the metaverse and AI.

Facebook laying off Metaverse employees

Futurism

Futurism · 2y ago

Facebook laying off Metaverse employees

Meta, formerly Facebook, is reportedly laying off employees in its Reality Labs division, particularly the Facebook Agile Silicon Team (FAST) tasked with custom silicon development for the metaverse. The move raises questions about Meta's ability to compete in the metaverse space and develop its own silicon chips, which has been a costly endeavor. This follows previous layoffs and challenges in the development of in-house chips for AI efforts, highlighting concerns about the company's metaverse ambitions.

Meta finally figures out how to sell the Metaverse

Livemint

Livemint · 1y ago

Meta finally figures out how to sell the Metaverse

Meta Platforms, formerly known as Facebook, saw its share price soar 20% following strong Q4 results, including a boosted share buyback and the company's first-ever dividend. The gains pushed Meta's market value above $1 trillion, alongside other tech giants like Apple, Microsoft, Amazon, Nvidia, and Alphabet. Despite a previous slump due to worries about the metaverse, the company's recent efforts and improved financial performance have helped regain investor trust. Meta plans to invest heavily in its data center build-out and AI capabilities, and CEO Mark Zuckerberg remains committed to pursuing the metaverse vision.

Zuck is refusing to give up on his $15-billion-a-year metaverse dream and insists AI will play a critical role in it

Business Insider

Business Insider · 1y ago

Zuck is refusing to give up on his $15-billion-a-year metaverse dream and insists AI will play a critical role in it

Mark Zuckerberg remains committed to investing heavily in the metaverse despite recent investments in AI. In an interview, the Meta CEO emphasized their focus on Reality Labs and the metaverse and stated that more than $15 billion is being poured into the project annually. Zuckerberg sees AI as crucial for Meta's hardware products and believes it can generate virtual worlds and artificial characters. Meta has been actively developing generative AI and launching AI-powered products. The company is also considering developing artificial general intelligence (AGI) and potentially open-sourcing it.

Mark Zuckerberg kicks off Meta event on future of AR/VR investments

Economic Times

Economic Times · 2y ago

Mark Zuckerberg kicks off Meta event on future of AR/VR investments

Meta Platforms CEO Mark Zuckerberg opened the Meta Connect conference, where he is expected to provide updates on the company's plans for the metaverse. This in-person event is Meta's biggest of the year and comes after criticism from investors for extensive spending on the metaverse, leading to layoffs. The conference will focus on AI-powered virtual assistants and Meta's hardware devices. It is seen as a pivotal moment for Meta as it navigates the shift in investor interest from augmented and virtual reality to artificial intelligence.

Meta unveils its first generative AI products for consumers

Economic Times

Economic Times · 2y ago

Meta unveils its first generative AI products for consumers

Meta Platforms, formerly Facebook, unveiled its first consumer-facing generative AI products, including a chatbot capable of generating text responses and photo-realistic images. This chatbot, named Meta AI, will focus on entertainment and helping users connect with others. The company also revealed plans for a platform that will allow developers and users to create custom AI bots for Instagram, Facebook, and the metaverse. Additionally, Meta announced the upcoming launch of its Quest 3 mixed-reality headset, featuring Xbox cloud gaming integration. This announcement comes as Meta seeks to navigate investor interest in artificial intelligence.

Metaverse hype subsides, Meta's VP sees for focused development

Startup News FYI

Startup News FYI · 2y ago

Metaverse hype subsides, Meta's VP sees for focused development

The hype surrounding the metaverse is subsiding, according to the Vice President of Meta, formerly known as Facebook. The company believes that the metaverse concept needs more focused development, rather than just pursuing the buzz. Meta aims to build a more purposeful metaverse by prioritizing user experience, safety, and addressing real-world challenges, rather than solely chasing the latest trends in virtual reality.

Google's new AI-powered wingman highlights the challenges of using a tool that could eventually replace you

Business Insider

Business Insider · 1y ago

Google's new AI-powered wingman highlights the challenges of using a tool that could eventually replace you

Google has launched an internal AI model called "Goose" to assist its employees in coding faster and improve efficiency. Goose can answer questions, write, and edit code. The introduction of AI tools in the workplace raises concerns among workers about potentially being replaced. However, Google has stated that AI will not take away jobs. The adoption of similar tools, such as Microsoft's Copilot, has been mixed, with some customers finding them unreliable or inaccurate. The use of AI tools aims to streamline work and allow workers to focus on tasks where they add the most value.

Mark Zuckerberg is spending megabucks on an AI hiring spree

Livemint

Livemint · 3m ago

Mark Zuckerberg is spending megabucks on an AI hiring spree

Mark Zuckerberg is heavily investing in generative AI, replicating his earlier approach with the metaverse. Meta acquired 49% of Scale AI for $14.3 billion to bring in its founder, Alexandr Wang. Additionally, Zuckerberg plans to offer over $1 billion to hire top AI talents. Despite no official comment from Meta, it's expected that Nat Friedman and Daniel Gross may join to prioritize developing new AI products within Meta's "superintelligence" unit, following mixed results from previous projects.

Veloxhire.AI revolutionizes hiring with AI-powered interviews

Inshorts · 8m ago

Veloxhire.AI revolutionizes hiring with AI-powered interviews

Founded by Vinit Yadav in June 2023, Veloxhire.AI is revolutionizing the hiring process. This AI-powered video interviewing platform conducts human-like interviews, tests candidates' expertise, and delivers detailed scorecards. With a vision to disrupt the interview-as-a-service market, Veloxhire.AI offers cutting-edge technology, helping companies find top talent 5x faster.

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