How Meta’s Reels Became a $50 Billion Business - WSJ

kept by eddie jan 02

Meta's Reels has grown from a TikTok imitation with no revenue into a $50 billion annual run-rate business, driven by AI recommendations and increased video engagement.

Andrew ‘Boz’ Bosworth Is Transforming How Meta Works - WSJ
Meta CTO Andrew Bosworth is driving a workforce transformation by requiring employees to submit keystroke data for AI training and pushing costly initiatives like the metaverse.
also on Meta Platforms, Mark Zuckerberg, #ai-integration, #business-strategy
Can Content Creators Get Rich Off A.I. Slop Like Tung Tung Tung Sahur? - The New York Times
AI-generated slop videos on TikTok and Instagram are becoming a profitable business model for creators like Norbert Barszczewski, who earned over $37,000 in a month through Affiliate Network's viral ad campaigns.
also on Instagram, #advertising, YouTube, TikTok, #social-media
Moms, Coaches, Doctors, Entrepreneurs: Who Are America’s Health and Wellness Influencers?
4 in 10 U.S. adults, and half under 50, get health information from influencers; 41% describe themselves as healthcare professionals, while coaches and entrepreneurs are also common.
also on Instagram, YouTube, TikTok, #social-media
Mark Zuckerberg Lied to Congress. We Can't Trust His Testimony
A Tech Oversight report documents multiple instances where Meta CEO Mark Zuckerberg misled Congress about safety on the company's platforms, including underage privacy protections and content moderation effectiveness.
also on Mark Zuckerberg, Instagram, #social-media
illegal solutions, today
The article critiques Zuckerberg's AI manifesto as unrealistic, highlighting his track record, the promise of AI abundance, and arguing that real barriers are resources, not intelligence.
also on Mark Zuckerberg, #business-strategy