> So he throws billions at a few top AI researchers, but they produce nothing of value.

so he spends 1% of yearly revenue on AI talent to catch up? we can't judge if they have produced nothing of value, no? They don't owe the world to open source their work?

Meta has plenty of failings, but taking risks and investing optimistically is not on my list. I guess the sentiment here on HN is probably biased by the addictive nature of its products.