David Rosenthal: belief

Transcript context

…I think Mark and Schrep had to make this point to Yann, and then when Yann joined it made the point to the rest of the industry that this is not something that’s going to wax and wane with our financial results. We’re in for a decade on this particular area of research. It’s amazing. It really only took two years to bear fruit for them before they had profitably deployed AI systems in production, because most of the time these research projects take much, much longer. It’s funny actually thinking through this now. I think there are three dimensions to the payoffs from this investment in AI and FAIR back in 2013. One is the near-term and immediately an ongoing profitable paybacks to incorporating AI in existing Facebook products and social media feed recommenders. Highly, highly, highly profitable. It just makes every ad that’s displayed more likely to make money, and it makes every feed post that is displayed more likely to get engagement.…

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