After 8,000 layoffs, Meta CEO Zuckerberg admits AI progress was slower than expected

Meta CEO Mark Zuckerberg acknowledged internal restructuring hasn't yielded expected results, particularly in AI agent development, admitting executives 'miscalculated' timelines. Despite significant layoffs and AI investments, progress has been slower than anticipated. However, Zuckerberg anticipates substantial AI benefits within three to six months. Separately, the company addressed mouse-tracking software, assuring no employee data was used for AI training and confirming future opt-in ...

By TOI TECH DESK