Struggling Meta showcases new AI tools at company meeting (2024)

Facebook’s owner, Meta, announced new artificial intelligence-focused tools in an internal company meeting on Thursday and outlined its plan after months of financial struggle.

The company confirmed a New York Times report that employees were given a sneak peek of new products it has been building, including ChatGPT-like chatbots planned for Messenger and WhatsApp that could converse using different personas.

The all-hands meeting, which took place at the company’s headquarters in Menlo Park and was streamed to its global offices, included commentary from the chief technology officer, Andrew Bosworth, chief product officer, Chris Cox, and founder and chief executive, Mark Zuckerberg. Meta also revealed a new Instagram feature that could modify user photos via text prompts and another that could create emoji stickers for messaging services, according to a summary of the session provided to Reuters by a company spokesperson.

The announcements come after a difficult few years for Meta, which in recent months has laid off tens of thousands of workers and saw $80bn wiped from its value overnight in 2022 after a disappointing earnings report. The company has struggled with an identity crisis after changing its name from Facebook to Meta and throwing all of its weight behind an ambitious plan to pivot its core business from social media to the metaverse – its virtual reality project.

While Meta has continued to struggle, devoting more than $10bn a year to develop the metaverse, its competitors including Google, Microsoft and Snapchat have garnered a flurry of investor attention after announcing launches of generative AI products – leaving the company to play catch-up.

Meta has yet to roll out any consumer-facing generative AI products, although it announced last month that it was working with a small group of advertisers to test tools that use AI to generate image backgrounds and variations of written copy for its ad campaigns.

“It’s difficult to see Meta’s predicament as anything other than a desperate scramble to catch up with its rivals on a number of fronts,” said Paul Barrett, the deputy director of New York University’s Stern Center for Business and Human Rights.

The company has been reorganizing its AI divisions and spending heavily to whip its infrastructure into shape, after determining early last year that it lacked the hardware and software capacity to support its AI product needs.

Zuckerberg told employees at the session on Thursday that advancements in generative AI in the last year had now made it possible for the company to build the technology “into every single one of our products”.

In addition to the consumer-facing tools, executives at the meeting also announced a productivity assistant for employees called Metamate that could answer queries and perform tasks based on information gleaned from internal company systems.

Many of the tools being developed by Meta will be built around open-source models, which allow users to build their own artificial intelligence-powered chatbots and other technology – a decision critics and competitors have criticized as opening up the tools to be used to spread misinformation and hate speech at a larger scale.

“For better or worse, many people who want access to Facebook’s data have malicious intent,” said Ari Lightman, a professor of digital media at Carnegie Mellon University’s Heinz College. “We need policies, procedures and protocols on board so we’re not rushing into something that might be deleterious for society in the future.”

According to the New York Times report on Thursday’s meeting, Zuckerberg addressed concerns about Meta’s open-source approach to AI, saying that “democratizing access to this has a bunch of value”. He reportedly stated that he hoped in the future users could build AI programs on their own without relying on framework from a handful of large technology companies.

Despite the new focus on AI, the New York Times reported Zuckerberg stated the company would not be abandoning its plans for the metaverse, echoing past statements he has made that the technology could be used to expand the virtual world.

“We’ve been focusing on both AI and the metaverse for years now, and we will continue to focus on both,” Zuckerberg said on the tech firm’s latest quarterly earnings call.

Reuters contributed to this report

Struggling Meta showcases new AI tools at company meeting (2024)

FAQs

How do I get rid of Meta AI on Facebook? ›

There is currently no option to disable the feature, Meta AI confirmed in a chat, but people can continue to search as they normally would to "engage with a variety of results."

Why is Meta struggling? ›

Meta, formerly Facebook, is in crisis mode as value plummets in 2022. Weak revenues, regulatory woes, and costly metaverse bet are to blame. 2023 doesn't seem any better. Since Facebook officially became Meta in October 2021, the company has lost more than two-thirds of its stock market value.

How to get rid of Meta AI on Instagram? ›

A Meta spokeswoman said that because the technology was new, it might not always return accurate responses, similar to other A.I. systems. There is currently no way to turn off Meta AI inside the apps.

What is Meta doing with AI? ›

Meta AI is a free virtual assistant which can be used "to do everything from research, planning a trip with your group chat, writing a photo caption and more," according to the company's blog. To access the chatbot on WhatsApp, Instagram, Messenger, Facebook, type "@meta ai" within chats.

Can you disable Meta AI? ›

You can't turn it off, but you can still search just like you did before.

How to close Meta AI? ›

There's no way to get rid of Meta AI in search, confirmed Meta. In WhatsApp, there is an option to hide the new Meta AI button by going to Settings → Chats → Show Meta AI Button. However, it's still in the search bar. Other apps have an option to mute its replies.

What is the biggest concern about Meta? ›

The biggest concern with Meta is privacy. If people are living their lives in a virtual world, how will the information they share be protected?

Is Meta company in trouble? ›

Meta Platforms

Meta's stock price has soared more than 300% since the start of 2023 as ad revenue growth has bounced back. The company has slashed expenses following its "year of efficiency," and has regained investor trust. However, there are now warning signs that momentum could be falling apart.

Why is Meta losing so much money? ›

The losses were primarily driven by what she termed “direct costs,” meaning costs that can be attributed to the production of a specific product, stemming from the headcount, operating expenses, and raw materials and labor that go into making the division's VR headsets.

What is the new AI app everyone is using on Instagram? ›

The Features Of Lensa AI

Some of the tools and image types that Lensa AI facilitates and creates are: Transforming standard photos into a superhero character. Taking two images and showing how a baby made together might look.

How is everyone doing AI on Instagram? ›

To do an AI filter on Instagram, use the Lensa AI app to generate selfie styles that you can use to join the trend. Purchasing and downloading 50-200 images is the best way to get started.

Can you get rid of Meta? ›

Log into Accounts Center using your Meta account information. Click Personal details on the left. Click Account ownership and control. Select Deactivation or deletion.

Who is the head of AI at Meta? ›

Meta's chief AI scientist, Yann LeCun, received another accolade to add to his long list of awards on Sunday, when he was recognized with a TIME100 Impact Award for his contributions to the world of artificial intelligence.

Why can't i use Meta AI? ›

This feature is not currently available to everyone or on all platforms. For the most up-to-date experience, make sure to install the latest version of the app. You can reach the Meta AI assistant for questions, advice and more from the Meta AI tab, search bar or directly in a chat on Messenger.

How do I talk to Meta AI? ›

You can still use the search bars normally by typing in words and clicking on the text results that appear below, rather than pressing the blue send icon to the right end of the bar, which will launch an AI chat.

How do I turn off Meta on Facebook Mobile? ›

Open the Facebook app on your Android phone and log in to your account. On the Home page, tap the three-lined menu button in the top-right corner of the screen. Go to Settings & Privacy, then tap Settings. Tap Account ownership and control >Deactivation and deletion.

Why is my Facebook showing Meta? ›

About Meta Verified for Facebook profiles. Meta Verified is a paid subscription for eligible profiles to establish their presence on Facebook and Instagram. This subscription comes with benefits that are only available for eligible profiles that successfully complete the verification process. A verified badge.

Why does my Facebook app say Meta? ›

The Facebook company is now Meta. We've updated our Terms of Use, Privacy Policy, and Cookies Policy to reflect the new name on January 4, 2022. While our company name has changed, we are continuing to offer the same products, including the Facebook app from Meta.

How do I remove myself from Meta? ›

You can also remove your own profile from your Meta Portal from the Security and Login menu in your Facebook settings. If your Facebook account is deleted, deactivated or you change your Facebook password, your account will also be removed from your Meta Portal.

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