During the Meta Connect 2023 event, Meta unveiled Meta AI and introduced celebrity-powered chatbots. The event also showcased the Meta Quest 3 and new Ray-Ban smart glasses. While the metaverse and VR are often associated with Meta, CEO Mark Zuckerberg is emphasizing the importance of AI across all of Meta’s apps and devices. This highlights the company’s focus on the potential of artificial intelligence.
In other news, the end of the Writers’ Guild of America (WGA) strike is significant for the integration of AI in Hollywood. With studio agreements on AI authorship and streaming residuals, it shows that AI is becoming an integral part of the entertainment industry. Additionally, former Microsoft executive Panos Panay is officially joining Amazon, further emphasizing the prominence of AI in the technology sector.
The Federal Trade Commission (FTC) targeting Amazon over its potential ecommerce monopoly is another development worth noting. The FTC’s lawsuit against Amazon sheds light on the concerns surrounding monopolistic practices in the ecommerce market. These actions indicate the increasing recognition of the influence that AI-driven companies like Amazon have on the economy and the need for regulatory oversight.