October 2021: > Facebook changed its name to Meta > plans to burn $10B a year until we all live in a headset Today: > Zuck says the company is looking at cutting Metaverse efforts by 30% > Meta stock up ~$100B Turns out Metaverse is harder than AGI.

The irony: Zuck bought billions in GPUs to power the Metaverse. The Metaverse flopped, but that same compute became the lifeline for Llama and Meta AI.