#jason helfstein

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#ai subscription #capex spending #chatgpt competition #consumer ai #earnings pressure #meta platforms #muse ai assistant #oppenheimer #paid conversion

Meta's $28 billion AI bet faces a skeptical reality check
An analyst calculates Meta would need 115 million paid Muse subscribers to justify its AI ambitions, but the math suggests it won't happen.
24/7 Wall St. · 1m