Jason Moser

The smartest people in the room, I was going to say.

I think that, again, if there's any company that's going to be able to execute this type of an acquisition effectively, I think that Netflix is probably it.

They just clearly have a tremendous track record of success, some very smart people in the business.

Again, I think a brand that is just a bedrock of the home entertainment landscape.

I just don't see that going away.

Yeah.

I think Lou's right there.

It's a little bit of both.

You want to praise him and maybe chastise him a little bit for this.

It was clearly not the right move.

You just look back at the last two years, Meta's chalked up close to $40 billion in operating losses in the Reality Lab segment.

Clearly, AI is the opportunity going forward.

It's good to see Zuck at least acknowledging that as investors, when things aren't working out, you change your mind when the facts change.

I followed the space for several years.

While there are some interesting implications of AR and VR, this metaverse concept just hasn't really developed as he would have hoped.

Now, it's not to say that it won't in the future.

Maybe it will.

Maybe it'll be well after we're gone, guys.

I don't know.

But this made me think about Google or Alphabet from the perspective of their Other Bets segment.