Meta's Q2 earnings were underwhelming, with disappointing revenue growth, primarily due to the company's struggles with timing and the slow rollout of its AI products. The company's future plans for AI are more concerning, with Meta's CEO Mark Zuckerberg signaling a shift towards "abundance" and making AI more accessible, which could lead to increased competition and reduced profit margins. Meta's stock price has been impacted by the disappointing earnings, highlighting the challenges the company faces in executing its AI strategy. AI summary
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