Meta has opened a new market. The market cheered this meta performance.

Meta has opened a new market. The market cheered this meta performance. The stock price rose 20% on the day before yesterday. But this is definitely not something that users will cheer about.

Although 2023 was made the "year of efficiency" as it was claimed, strategic advertisements from Chinese e-commerce companies such as Temu and Xu Yin were the driving force behind the performance improvement. Facebook's products are almost neglected social media without any novelty, and it is also the result of making them products that collect data indefinitely and emphasize only advertising efficiency.

Not only Facebook but also Instagram is now moving in a similar direction. Threads that are being pushed by new social media are also headacheily not attracting users through news. Meta has the (absolute) power to increase users at its own pace and increase advertising efficiency.

After all, the most important thing for Meta is how the triangular axis of Facebook, Instagram, and Thread can generate the synergy that can collect the most data. For the upcoming AI era, the market can cheer because Meta, which has the most users in the world across multiple platforms, will have the most data for AI. This is what Zuckerberg says about efficiency.

On the 20th anniversary of Facebook's birth, the existing social media era is now coming to an end. As Meta intended.

Oh, the AI era may be seen as the social media era is coming to an end. Meta Zuckerberg sold Meta shares every day for two months.

It sold 1,276,601 shares of Meta that it held between Nov. 1 and Dec. 29.

Zuckerberg used the method of selling stocks little by little throughout the 40 trading days when the stock market opened for two months.

The amount of cash in his hands is 427,958,735 dollars. Jeff Bezos will sell 1 trillion won worth of Amazon shares
November 22nd, 23rd

February 3rd, 24th
50 million shares sold in a year
$8.6 billion (W11 trillion) revenue growth over the past decade.

Tesla: +2,926%

Nvidia: +1,162%

Meta: +982%

Amazon: +547%

Microsoft: +366%

Apple: +110% Meta Performance Secrets..

Looks like I'm replacing humans with GPUs.
Is 17-18 GPUs enough for 1 human? (20k laid off, 350k H100 units introduced)
17 units of H100 are approximately $425,000, so if you think about the cost of hiring one person ($300-600,000 per year)
I don't think it's going to be bad.