The short version

Ben Thompson predicted on October 29, 2024: “it seems increasingly clear to me that Meta is in fact the most well-placed company to take advantage of generative AI. Yes, investors are currently optimistic, so this isn’t my usual contrarian take — unless you consider the fact that I think Meta has the potential to be the most valuable company in…

Prediction by

Ben Thompson

On October 29, 2024

“it seems increasingly clear to me that Meta is in fact the most well-placed company to take advantage of generative AI. Yes, investors are currently optimistic, so this isn’t my usual contrarian take — unless you consider the fact that I think Meta has the potential to be the most valuable company in the world. As evidence of that fact I’m writing today, a day before Meta’s earnings: I don’t care if they’re up or down, because the future is that bright.”

Follow-up

Meta has shown strong performance and commitment to generative AI since this prediction, with stock prices reaching new highs and continued investment in AI. However, whether it will become the 'most valuable company in the world' remains to be seen and is a long-term aspiration.

From the High Caliber AI network — see the AI for PR module in the course.