Meta Platforms: Is Today's AI Cycle A Repeat Of The Metaverse Overbuild?

Core Insights - Meta Platforms' recent Q3 earnings report has raised concerns about the sustainability of its aggressive AI investment strategy, reminiscent of the previous metaverse investment issues faced in 2022 [1] Group 1: Financial Performance - The Q3 earnings update has led to increased investor anxiety regarding the company's future direction and investment focus [1] Group 2: Investment Strategy - There are fears that the current AI investment cycle may replicate the challenges encountered during the metaverse investment phase, indicating potential risks in the company's strategic decisions [1]