Meta’s AI Spending: Genius Move or Zuck Losing It?

Meta's making a huge bet right now. They are spending aggressively on AI infrastructure and data centers and trust that they can make money from it in the future, either by improving their ads or by building new business products slash business models. So today, Andrew and I are gonna answer just one question. Has Zuck absolutely lost his mind, or is he predicting the future very accurately? Get ready. Buckle up. Let's go. Support comes from Wise, the smart way to manage the currencies you need around the globe. Fed up with losing out to hidden fees when you send money abroad with your everyday bank? Choose the smart way, Wise. You can count on the exchange rate you'd usually find on Google. No unwelcome surprises. Plus, ditch that where's my money feeling. Most transfers arrive in under twenty seconds. Join millions saving billions on hidden fees. Be smart. Get wise. Download the Wyze app today. Ts and Cs apply. You're listening to a quick ad. You know what else is quick? Selling your car on Carvana. Just put in your vehicle information and we'll give you an offer. Done. No hassle, no negotiation, no guy from an online listing lowballing you, which means by the time I'm done explaining this, you could have basically done it. Still haven't started? Hey. Better late than never. Sell your car today on Carvana. Pickup fees may apply. You're tuned in. You're tuned in. To the Investing for Beginners podcast. Investing for beginners podcast. The show for the long term investor. We cut through the noise to focus on what works. Compounding, discipline, and the conviction to buy wonderful businesses and stick with them. Your path to financial freedom. Start now. And welcome back to investing for beginners podcast, everybody. My name is Stephen Morris, and with me, I have literally the creator of AI, Andrew Saylor. What are you talking about? It's so funny because... I don't know if y'all know this. One, Andrew uses AI a lot. He talked... He has submitted that multiple times, but Andrew really doesn't like AI, which he also talks to me a lot about as well. So it's so funny that this is one of the things that that we're really gonna be hammering on today. And, you know, Andrea, as we get into it, like, man, are you feeling the AI fatigue? Because I'm really feeling AI fatigue. Like, it's just everywhere you look, it's AI this, AI that. I know Wall Street's kinda getting fatigued by AI as well. Like, are you feeling that too, or are you just weather in a... The weather in the storm ready to go for round... Whatever round we're in? I'm gonna be the most hated person in the room. I just made NVIDIA my biggest position, so I am pretty AI jazzed at the moment. Awesome. So like I said, we're talking about Meta today. So, Andrew, could you just kinda break down what kind …