Techonomy's Kirkpatrick on Meta earnings

The transcript discusses Facebook's recent performance, highlighting its strong advertising revenue despite rising costs. The Metaverse, a significant focus for the company, is underperforming financially. Meta is leveraging AI to enhance its business operations, though it lacks a cloud business like its competitors. The company is working on improving efficiency and managing costs through layoffs. Future growth is expected from existing operations rather than new ventures, with a focus on developing markets for user growth.

What steps has Mark Zuckerberg taken to improve efficiency at Meta?

What is the future growth focus for Meta according to the discussion?

How have perceptions of Meta changed in developing markets compared to developed markets?