Zuckerberg warns Meta investors that profits from AI will take time

Mark Zuckerberg has told Meta investors in an earnings call this week that the company’s efforts in AI will take “several years” to yield dividends.The company’s revenue for Q1 2024 is up 27 percent year-on-year.

He also seemed to make a passive aggressive jab at any investors looking to put pressure on him should the investments take longer than expected to deliver the expected returns. “And the initial signs are quite positive here, too. But building the leading AI will also be a larger undertaking than the other experiences we’ve added to our apps, and this is likely going to take several years,” he advised.

“And on top of those, AI is already helping us improve app engagement, which naturally leads to seeing more ads and improving ads directly to deliver more value,” he continued.

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