Zuckerberg: Tech Layoffs Driven by Overbuilding, Not Primarily AI; Calls $7 Trillion AI Chip Goal 'Astronomical'
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Zuckerberg said tech layoffs are due to companies overbuilding during the pandemic and needing to become more efficient, not primarily due to AI.
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He doesn't attribute recent tech layoffs heavily to increased AI investment or strategic factors.
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Zuckerberg called OpenAI CEO Sam Altman's $7 trillion AI chip venture ambitious, but said the number is "astronomical."
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He acknowledged that expanding chips to power AI may eventually require unbelievable investments like Altman suggests.
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Zuckerberg discussed his hands-on management style, optimism despite criticism, and Meta's focus on staying competitive through social connection products.