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Zuckerberg admits Meta miscalculated AI timelines after 8,000 layoffs

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Meta CEO Mark Zuckerberg has publicly acknowledged that the company's internal restructuring, which included around 8,000 layoffs, did not deliver the expected results in AI development. Zuckerberg admitted that executives 'miscalculated' timelines, particularly around the progress of AI agent technology. Despite heavy investment in AI, advancement has been slower than anticipated, though Zuckerberg expressed optimism about significant breakthroughs within the next three to six months. In a separate development, Meta clarified that mouse-tracking software used internally did not involve employee data being fed into AI training systems. The company also confirmed it would adopt an opt-in policy for such data collection going forward.

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