The last several months have been good to Mark Zuckerberg’s Meta, as the company revealed on Thursday that its profits tripled year-over-year to $14 billion due to cost-cutting and a rebound in ads.
Meta plans on investing heavily in its virtual reality and AI products, and on the latter point, Zuckerberg said during an earnings call the company is “playing to win.” AI has become a crowded field very quickly, with Meta facing stiff competition from OpenAI, Microsoft, and Google. Zuckerberg laid out several components to Meta’s AI “playbook,” not least of which is the fact that billions of people around the world have already given up their data in the form of posts, comments, images, and videos across Meta’s platforms, which include Facebook and Instagram. 
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