AI Summary
The video discusses the competitive landscape of AI apps, highlighting Meta's Metamuse surpassing ChatGPT in the App Store's free chart. It also explores the implications for advertisers and Meta's strategic investments in AI infrastructure.
Metamuse is now the top free app, surpassing ChatGPT (number 2), with prediction markets at 4 and 5, Gemini at 8, and Claude at 16.
AI apps are competing aggressively through ads, billboards, and influencer campaigns to acquire users, benefiting advertisers and advertising stocks.
The author bought Meta stock because it benefits from AI development, GPU value appreciation (over 4 gigawatts of compute), and AI productivity gains.
Meta's frontier language model, 'watermelon', is expected to launch next month, which could further boost their AI offerings.
The video underscores Meta's strong position in the AI race, driven by its app's popularity and strategic infrastructure investments, with an anticipated model release on the horizon.
💡 Key Takeaways
Metamuse tops ChatGPT
Shows a major shift in AI app popularity, with Meta's app surpassing OpenAI's.
Meta's investment rationale
Explains a concrete investment thesis based on AI infrastructure and advertising benefits.
00:51Full Transcript
[00:00] Go to the top free now, and you go to the top essential apps under the free category, you'll find that Metamuse is now at the top on the free chart, which has blown past ChatGPT
[00:14] at now number two. And then you've got prediction markets at four and five. You don't actually see Gemini until eight. You don't even see Claude from Anthropic until all the way down here at number
[00:26] 16, which is insane. Instagram is at 18. Metamuse made it to one. Now, part of the reason I bring up advertisers is because it's not just ads that are running on these platforms, whether it's the
[00:39] app stores or otherwise, they're also running billboards. They're buying influencer campaign spots. These apps are competing to get as many users hooked into the platform as possible. I
[00:51] actually think, or as many users as possible, and I actually think that's going to be a boon for advertisers and advertising stocks. It's actually one of the reasons that I bought Meta because I thought, okay, well, Meta stock is not only an advertiser paying for their AI development,
[01:07] but they are also a beneficiary of the GPUs that they're buying, the over four gigawatts of compute they have. The value of those GPUs has only gone up and they're a beneficiary of AI productivity,
[01:20] which their Muse launch is incredible. And we don't even have the watermelon release yet, which is expected next month for their frontier language model, their frontier LLM.
