But probs. it just makes sense on paper, Scale's revenue will pay this for itself and what they could do is to give/keep the best training sets for Meta, for "free" now.
Zuck's not an idiot. The Instagram and WhatsApp acquisitions were phenomenal in hindsight.
I worked at Outlier and it was such a garbage treatment
what about the whole metaverse thing and renaming the whole company to meta?
Even if it turns out to be wasted money, which I doubt, he's still sitting on almost 2 trillion. Not an L on my book.
This seems possible, and it just sounds so awful to me. Think about the changes to the human condition that arose from the smartphone.
People at concerts and other events scrolling phones, parents missing their children growing up while scrolling their phones. Me, "watching" a movie, scrolling my phone.
VR/AR makes all that sound like a walk in the park.
If it does come, it will likely come from the gaming industry, building upon the ideas of former mmorpgs and "social" games like Pokemon Go. But recent string of AAA disasters should obviously tell you that building a good game is often orthogonal to the amount of funding or technical engineering. It's creativity, and artistic passion, and that's something that someone who spends their entire life in the real world optimizing their TC for is going to find hard to understand.
It's this number: 2,000,000,000,000.
But then huge revenue streams for Scale basically disappear immediately.
Is it worth Meta spending all that money just to stop competitors using Scale? There are competitors who I am sure would be very eager to get the money from Google, OpenAI, Anthropic etc that was previously going to Scale. So Meta spends all that money for basically nothing because the competitors will just fill the gap if Scale is turned-down.
I am guessing they are just buying stuff to try to be more "vertically integrated" or whatever (remember that Facebook recently got caught pirating books etc).