00:00 Speaker a
Another stock I wanted to ask you, Doug, Meta is Meta. Because it's more visible and publicly than any of the other AI players, it's throwing money there, right? He throws money at talent. Throwing money at Capex. Um, what do you do with that move, and is it a good or necessary investment for a company like Meta?
00:40 Doug
Mark Zuckerberg is the ultimate wartime CEO. When he sees the opportunity, I think he will really attack it with anyone else. And for your points, they probably spent billions of dollars, billions of dollars, you know, or at least you allocated billions of dollars to $200 million since last month. And that's exactly what he does. It's interesting from a company perspective. In fact, I think Meta deployed AI more internally than any other company. You know, they do a great job. I think it will help customers to build AI-powered advertising products to help them get better results and spend more money on the platform. But as a model builder, they were in my opinion awfully last place. And if they can do something in the right direction there, it might be good for stocks. Although it hasn't been a conviction choice in the AI model recently, it's definitely worth watching.
