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RE: LeoThread 2024-10-28 03:27

But not everyone is convinced that the pivot to AI is a sustainable strategy. Gene Munster, a managing partner at Deep water Management, notes that the company's "drunken sailor" spending on metaverse projects may not be sustainable alongside the growing costs of generative AI development. While Meta doesn't need to completely abandon Reality Labs, Munster says the next couple of years are crucial: Either the hardware needs to advance enough to prove the opportunity is real, or the spending needs to be redirected.