Meta Good Ai Stock Or Not

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Meta Good Ai Stock Or Not

Meta Platforms: A Good Ai Stock Or Not?

Meta Platforms owns a number of social media platforms with billions of dollars in profits every quarter. But now, Meta Platforms is eyeing the next opportunity, and that is AI.

Meta Platforms has already introduced its own AI chatbot called Meta AI. But will this prove to be a game-changer for the company or just another setback?

Meta Platforms already has a number of apps in its portfolio. This includes Facebook, Instagram, WhatsApp, and so on. Now, the new addition is Meta AI, available on mobile and web.

In theory, Meta AI should allow the firm to unlock a new revenue stream, similar to ChatGPT. But, experts believe that it will all depend on the performance of the Meta AI.

The Meta AI will only be a success if it can prove to be better than other alternatives, such as ChatGPT. As of now, Meta Platforms has 700 million active users on a monthly basis.

Meta Platforms can also integrate the Meta AI into its already established apps. So, the company wouldn't have to worry about going out and finding customers.

However, data shows that Meta AI only gets under 10 million views each month. These are small numbers when we consider the fact that we are talking about a venture by Meta Platforms.

Based on all of this, it seems that AI will just prove to be yet another disaster for Meta Platforms. With such fierce competition, the company will have to do something really fast to change things in its favor.

So, for now, Meta Platforms is the ideal choice if you are thinking of getting exposure in the AI sector. In fact, there are far better stocks in the US and the UK with much better returns.

The conclusion? Meta Platforms is not a good AI stock to buy, no matter how we look at it. But if things change in the near future, Meta Platforms could be considered once again.

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