Speaker unverified: belief

Transcript context

…Can you describe a little more what that looks like? Yeah. I think it's extraordinary. Now, more than two-thirds of new code is written by AI at Snap. That's happened really quickly. I think the rate at which these models are getting better is just extraordinary. I think for us, we're really excited because we're so fortunate to be in a software business that has network effects, thank God. We've got a service that connects people to one another, but fundamentally, at its core, it's a software business. The way that we write software, run our business is changing so dramatically. And at the same time, I think we're insulated from some of the effects of other software businesses that I think are being cannibalized very quickly by AI. You have been much more of a believer in the AR form factor than almost anyone I know for a very long time. What gave you the conviction that this is the right form factor?…

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