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Meta CTO Says He And Mark Zuckerberg Are "True Believers" With "Actual Conviction"

  • Meta's CTO Andrew Bosworth and Mark Zuckerberg are described as 'true believers' with 'actual conviction' towards their work in Meta's Reality Labs division.
  • Meta Reality Labs quarterly revenue declined by 6% in Q1 mainly due to lower Meta Quest sales.
  • A leaked memo from Bosworth mentioned that 2025 would determine the fate of Reality Labs, sparking concerns about the division's continuous investment.
  • Mark Zuckerberg's controlling stake in Meta allows him to make long-term investments, such as the $100 billion spent on Reality Labs over a decade, despite the division bringing in less revenue.

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