""We're starting to see projects that used to take big teams now be accomplished by a single, very talented person," he said. Already this year, Meta has laid off several hundred workers mainly in its Reality Labs division, a part of the company that focuses on its "metaverse" ambitions, hardware products and AI initiatives. Zuckerberg said Meta is investing more across the company in AI tools that help employees like software engineers complete more work."
""What we were talking about is, I think it's very hard for anyone exactly to predict what the shape of how organisations working is going to feel, but I just think the fact that agents are really starting to work now is quite profound," he added. The company is aggressively spending on AI projects and related infrastructure, pouring $77bn (55bn) last year into its attempt to get ahead of the AI boom."
Meta is deploying advanced AI tools that enable individual engineers to complete projects that previously required entire teams. Several hundred roles have been cut this year, primarily in Reality Labs, which develops "metaverse" technology, hardware and AI initiatives. Meta is increasing AI investment, spending $77bn last year on AI and infrastructure and planning to spend twice that amount this year. Executive expectations point to 2026 as a transformative year for AI-driven changes in work patterns as agents and productivity tools mature. Rising expenses outpaced revenue growth in the last quarter, squeezing profit margins and creating potential for further workforce reductions.
Read at www.bbc.com
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