1 00:00:02,520 --> 00:00:07,080 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,960 --> 00:00:14,200 Speaker 2: Take super intelligence seriously. This is going to be the 3 00:00:14,240 --> 00:00:19,120 Speaker 2: most important technology in our lifetimes. AI should serve people, 4 00:00:20,000 --> 00:00:22,720 Speaker 2: not just be something that sits in a data center 5 00:00:22,800 --> 00:00:27,000 Speaker 2: automating large parts of society. So we design our glasses 6 00:00:27,920 --> 00:00:31,840 Speaker 2: to be able to empower people with new capabilities as 7 00:00:31,840 --> 00:00:33,159 Speaker 2: soon as they become possible. 8 00:00:34,000 --> 00:00:37,440 Speaker 1: Meta CEO Mark Zuckerberg. They're at Metaconnect last night unveiling 9 00:00:37,479 --> 00:00:40,760 Speaker 1: a host of new AIPOWD wearables and features for its 10 00:00:40,800 --> 00:00:45,000 Speaker 1: metaverse platform, including glasses. Mark reaction, Well, we're up about 11 00:00:45,000 --> 00:00:46,839 Speaker 1: a percentage point on the day. We're about to hear 12 00:00:46,880 --> 00:00:49,919 Speaker 1: from Chris Cox in a moment, but first I want 13 00:00:49,920 --> 00:00:53,360 Speaker 1: to bring in Bloomberg's Riley Griffin, and the market reaction 14 00:00:53,640 --> 00:00:56,959 Speaker 1: is Bank of America saying, look, this is still an 15 00:00:56,960 --> 00:01:00,680 Speaker 1: eight hundred dollars ar glasses still early for adoption. But 16 00:01:00,720 --> 00:01:03,200 Speaker 1: then you've got cities saying these must have and a 17 00:01:03,240 --> 00:01:06,000 Speaker 1: clear extension of the superintelligence by Riley. 18 00:01:06,040 --> 00:01:09,040 Speaker 3: How do you assess it, Caroline? It's a great question, 19 00:01:09,040 --> 00:01:11,160 Speaker 3: and I'm eager to hear from Chris Cox about how 20 00:01:11,200 --> 00:01:14,480 Speaker 3: he's used the market reaction as well. This is a 21 00:01:14,520 --> 00:01:18,280 Speaker 3: first of its kind glass for Meta. This is an 22 00:01:18,319 --> 00:01:22,800 Speaker 3: AI powered display on the glasses that should bring a 23 00:01:22,800 --> 00:01:24,959 Speaker 3: lot of the functionality of your phone. But importantly it 24 00:01:25,000 --> 00:01:29,960 Speaker 3: still requires the phone itself and a neural wristband. So 25 00:01:30,280 --> 00:01:33,319 Speaker 3: whether than not this becomes a mass consumer product we'll 26 00:01:33,319 --> 00:01:36,480 Speaker 3: still have to see, but it as an innovation is 27 00:01:36,560 --> 00:01:39,399 Speaker 3: certainly a big unveiling by the company. 28 00:01:40,200 --> 00:01:42,280 Speaker 1: Let's get to the company, Blue Mos Riley Griffin, thank 29 00:01:42,319 --> 00:01:44,800 Speaker 1: you so much for that analysis. We've got to get 30 00:01:44,800 --> 00:01:46,920 Speaker 1: out to metas headquarters in Menlo Park now where our 31 00:01:46,920 --> 00:01:48,520 Speaker 1: own ed Ludlow is standing by. 32 00:01:51,880 --> 00:01:54,600 Speaker 4: Yeah, thanks Cara. A year ago today almost I was 33 00:01:54,640 --> 00:01:57,520 Speaker 4: sat here having spent six hours with the engineering team 34 00:01:57,520 --> 00:02:01,080 Speaker 4: that we're working on a Ryan a fully ormented glasses 35 00:02:01,800 --> 00:02:05,560 Speaker 4: that was being dog fooded internally, right, this was about testing. 36 00:02:06,000 --> 00:02:09,360 Speaker 4: Fast forward to today and we have a halfway the 37 00:02:09,400 --> 00:02:12,880 Speaker 4: Meta ray band display smart glasses with a display in 38 00:02:12,919 --> 00:02:17,280 Speaker 4: the lens, and the reaction has been this is a 39 00:02:17,320 --> 00:02:20,800 Speaker 4: consumer technology innovation worth talking about. So delighted to do 40 00:02:20,880 --> 00:02:24,400 Speaker 4: so with Chris Cox, Messa's chief product officer. I think 41 00:02:24,440 --> 00:02:27,360 Speaker 4: that context is really important, right, the evolution from oryan 42 00:02:27,400 --> 00:02:32,480 Speaker 4: to this halfway point. But my question to start is 43 00:02:32,520 --> 00:02:35,680 Speaker 4: who is this targeted at, right? You have generations of 44 00:02:35,720 --> 00:02:39,480 Speaker 4: prior generation meta ray band wearers or is this a 45 00:02:39,520 --> 00:02:41,560 Speaker 4: new entry people starting from scratch. 46 00:02:41,720 --> 00:02:44,640 Speaker 5: I think it'll probably be some combination of both. So, 47 00:02:44,800 --> 00:02:46,880 Speaker 5: just because we're talking about it here, these are the 48 00:02:47,400 --> 00:02:50,200 Speaker 5: meta ray ban displays. You can see. We've worked with 49 00:02:50,360 --> 00:02:53,000 Speaker 5: ray Band to get them into the form factor that 50 00:02:53,080 --> 00:02:56,359 Speaker 5: people are comfortable wearing. This is the most worn design 51 00:02:56,840 --> 00:02:59,400 Speaker 5: for a pair of sunglasses or glasses. And so we're 52 00:02:59,440 --> 00:03:01,639 Speaker 5: starting with something we didn't want to put something onto 53 00:03:01,680 --> 00:03:04,440 Speaker 5: the market that was clunky. We're starting with something that's really, 54 00:03:04,440 --> 00:03:07,360 Speaker 5: really nice. And I also just mention there's a wave 55 00:03:07,400 --> 00:03:10,799 Speaker 5: guide in here, okay, which a wave guide being basically 56 00:03:10,800 --> 00:03:13,799 Speaker 5: it's light that's being projected through a series of mirrors 57 00:03:14,320 --> 00:03:17,320 Speaker 5: into a small display that appears just below your right eye. 58 00:03:17,360 --> 00:03:18,880 Speaker 5: And you can actually change where that is. 59 00:03:19,760 --> 00:03:22,840 Speaker 4: It's eight hundred dollars, right, that's right. But the emphasis 60 00:03:22,880 --> 00:03:25,400 Speaker 4: over and over again is like this is a consumer product. Yes, 61 00:03:25,480 --> 00:03:27,960 Speaker 4: it's not for engineers, that's right. What is the one 62 00:03:28,040 --> 00:03:30,399 Speaker 4: killer feature in it then that you think is going 63 00:03:30,440 --> 00:03:35,320 Speaker 4: to appeal messaging? Just messaging, Well, that's how he uses it. 64 00:03:35,400 --> 00:03:37,120 Speaker 5: Yeah, Yeah, messaging, i'd say is going to be the 65 00:03:37,120 --> 00:03:40,200 Speaker 5: most useful. To start, it comes with this wristband, which 66 00:03:40,200 --> 00:03:43,240 Speaker 5: is an EMG wristband. You wear it around your wrist. 67 00:03:43,280 --> 00:03:48,240 Speaker 5: It detects very subtle muscular and nervous system sort of activity, 68 00:03:48,600 --> 00:03:51,600 Speaker 5: so that you can just use a tiny gesture with 69 00:03:51,640 --> 00:03:56,080 Speaker 5: your fingertips to control Essentially a cursor controls the display. 70 00:03:56,440 --> 00:03:58,960 Speaker 5: So we've worked to get into something that means that 71 00:03:59,040 --> 00:04:01,840 Speaker 5: you can use a display in glasses without needing to 72 00:04:01,960 --> 00:04:04,040 Speaker 5: wave your hands around in the world or care around 73 00:04:04,040 --> 00:04:04,840 Speaker 5: and mouse or something. 74 00:04:04,920 --> 00:04:07,040 Speaker 4: And this is why evolution is important. The neural band 75 00:04:07,200 --> 00:04:10,840 Speaker 4: is directly from the Iran project that I remember experimenting 76 00:04:10,880 --> 00:04:12,119 Speaker 4: with the technology one year ago. 77 00:04:12,200 --> 00:04:14,320 Speaker 5: So the R and D here is you have the 78 00:04:14,360 --> 00:04:17,320 Speaker 5: north Star, which you've seen, which is Oriyan like you said, 79 00:04:17,600 --> 00:04:20,279 Speaker 5: and then you're also working forwards from what we know 80 00:04:20,360 --> 00:04:23,240 Speaker 5: people are comfortable wearing, which is the ray bands. I 81 00:04:23,279 --> 00:04:25,080 Speaker 5: think we're going to see early adopters pick it up 82 00:04:25,080 --> 00:04:27,320 Speaker 5: to your question, Yes, I think we're going to see 83 00:04:27,880 --> 00:04:30,880 Speaker 5: enthusiasts like you were mentioning to me before. You wear 84 00:04:30,960 --> 00:04:33,760 Speaker 5: the meta ray bands a fair amount. 85 00:04:33,480 --> 00:04:36,479 Speaker 4: App but I wear them when I'm driving well, that's 86 00:04:36,520 --> 00:04:40,440 Speaker 4: a thing because the display in the ray band display right, 87 00:04:40,560 --> 00:04:42,719 Speaker 4: obviously if you're driving, not the best use kits not 88 00:04:42,760 --> 00:04:46,280 Speaker 4: intended for driving. Last night, you did live demos. Some 89 00:04:46,320 --> 00:04:48,640 Speaker 4: of them didn't go very well, but you're getting a 90 00:04:48,680 --> 00:04:52,599 Speaker 4: lot of credit for doing live demos, just very simply 91 00:04:52,640 --> 00:04:55,240 Speaker 4: and for transparency. What did go wrong in those demos? 92 00:04:55,520 --> 00:04:57,919 Speaker 5: I haven't looked into them. I believe it was the 93 00:04:57,960 --> 00:05:01,800 Speaker 5: Wi Fi. We're trying to have these events where we're 94 00:05:01,800 --> 00:05:05,000 Speaker 5: not canning them. We know people don't want something that's canned, 95 00:05:05,240 --> 00:05:06,919 Speaker 5: so we're airing on the side of trying to do 96 00:05:06,960 --> 00:05:07,279 Speaker 5: it live. 97 00:05:07,480 --> 00:05:10,920 Speaker 4: I've got a question from our audience. Yeah, ray band display. 98 00:05:11,000 --> 00:05:14,160 Speaker 4: Will it be available for prescription lensers? Yes? And why 99 00:05:14,279 --> 00:05:16,800 Speaker 4: was that important? This is a question that's come up 100 00:05:16,839 --> 00:05:17,800 Speaker 4: a lot with raybans. 101 00:05:17,920 --> 00:05:20,440 Speaker 5: Well, just we know around one to two billion people 102 00:05:20,440 --> 00:05:23,400 Speaker 5: on Earthware glasses. One of them are wearing them as sunglasses, 103 00:05:23,440 --> 00:05:25,120 Speaker 5: and then a whole bunch of folks are wearing them 104 00:05:25,160 --> 00:05:25,960 Speaker 5: with prescriptions. 105 00:05:26,160 --> 00:05:28,640 Speaker 4: Chris, where are these going to be manufactured? I'm not 106 00:05:28,640 --> 00:05:31,960 Speaker 4: one hundred percent sure, your chief product officer, and you 107 00:05:32,000 --> 00:05:32,240 Speaker 4: don't know. 108 00:05:32,480 --> 00:05:34,560 Speaker 5: Yeah, I think it's in a handful of places. The 109 00:05:34,720 --> 00:05:37,080 Speaker 5: parts are assembled in a bunch of different places. 110 00:05:37,240 --> 00:05:40,120 Speaker 4: Not China, or is there a sensitivity around supply chain 111 00:05:40,160 --> 00:05:41,160 Speaker 4: hardware in China. 112 00:05:41,200 --> 00:05:43,080 Speaker 5: I believe there's some work being done in China, but 113 00:05:43,080 --> 00:05:44,279 Speaker 5: I'm not one hundred percent sure. 114 00:05:44,600 --> 00:05:47,080 Speaker 4: What I'm always trying to understand with Meta is where 115 00:05:47,120 --> 00:05:50,640 Speaker 4: the company stands today. At times and presently, I think 116 00:05:50,640 --> 00:05:54,480 Speaker 4: about the family of apps. You ran Facebook, Those people 117 00:05:54,600 --> 00:05:58,200 Speaker 4: that are religious users of Facebook or WhatsApp, what is 118 00:05:58,279 --> 00:06:01,320 Speaker 4: their relationship to this new generation of hardware. 119 00:06:01,000 --> 00:06:03,120 Speaker 5: So you'll be able to use WhatsApp on the device. 120 00:06:04,000 --> 00:06:06,520 Speaker 5: We're trying to make sure that we're starting with communication, 121 00:06:07,040 --> 00:06:09,760 Speaker 5: which is where the company comes from, making sure those 122 00:06:09,800 --> 00:06:12,800 Speaker 5: products work well on the device. You're also able to 123 00:06:13,040 --> 00:06:15,880 Speaker 5: view Instagram reels, which we know people love. We're trying 124 00:06:15,920 --> 00:06:18,240 Speaker 5: to just get a handful of first party experiences right, 125 00:06:18,560 --> 00:06:20,440 Speaker 5: and then eventually we'll be able to open that up. 126 00:06:20,800 --> 00:06:23,760 Speaker 4: Mark was talking about this as the vehicle for super intelligence. 127 00:06:24,240 --> 00:06:26,880 Speaker 4: But you also have a background in software, So this 128 00:06:26,960 --> 00:06:29,640 Speaker 4: is the interface, This is how I interact with it. 129 00:06:29,800 --> 00:06:32,320 Speaker 4: But what other AI features can we expect to come 130 00:06:32,680 --> 00:06:35,360 Speaker 4: through this mechanism and the family of apps as well. 131 00:06:35,839 --> 00:06:40,159 Speaker 5: We mentioned yesterday Translation Live translation, yes, including the ability 132 00:06:40,160 --> 00:06:42,960 Speaker 5: to caption somebody or speaking to in a different language. 133 00:06:43,560 --> 00:06:46,880 Speaker 5: We also mentioned the ability to focus a conversation. We're 134 00:06:46,880 --> 00:06:49,520 Speaker 5: calling it conversation focus. So if you're in a crowded room, 135 00:06:49,839 --> 00:06:51,960 Speaker 5: if you're at a party, if you're at a concert, 136 00:06:52,279 --> 00:06:54,720 Speaker 5: you're able to focus in on the person who's speaking 137 00:06:54,760 --> 00:06:59,000 Speaker 5: to you and get a clearer audio of that. And 138 00:06:59,080 --> 00:07:02,919 Speaker 5: so all of those things involve applications of AI to 139 00:07:03,000 --> 00:07:05,040 Speaker 5: bring these things to life in ways that are practical. 140 00:07:05,160 --> 00:07:07,680 Speaker 4: I got a lot of questions from Meta users and 141 00:07:07,720 --> 00:07:11,800 Speaker 4: the audience about what the developer community needs to know, 142 00:07:12,000 --> 00:07:15,080 Speaker 4: but also your role in AI at Meta, what is 143 00:07:15,120 --> 00:07:17,160 Speaker 4: it that you are focused on right now? Because we've 144 00:07:17,200 --> 00:07:20,559 Speaker 4: reported a lot on the team changes the superintelligence team. 145 00:07:20,880 --> 00:07:23,520 Speaker 4: From a product perspective, I think people really want to understand, 146 00:07:23,520 --> 00:07:25,560 Speaker 4: like what is your focus and why are you going 147 00:07:25,640 --> 00:07:26,960 Speaker 4: to bring more functionality to that. 148 00:07:27,280 --> 00:07:29,920 Speaker 5: Well, so there's the wearables, but there's also creative tools. 149 00:07:30,160 --> 00:07:32,760 Speaker 5: So the ways that people are creating video, creating content 150 00:07:32,840 --> 00:07:35,840 Speaker 5: making that's really really easy. AI is going to make 151 00:07:35,840 --> 00:07:38,000 Speaker 5: it a lot easier for folks to do that. And 152 00:07:38,040 --> 00:07:40,960 Speaker 5: a huge part of what Facebook and Instagram are is 153 00:07:41,040 --> 00:07:43,240 Speaker 5: just you know, viewing the content that we create for 154 00:07:43,280 --> 00:07:45,320 Speaker 5: each other. So that's where we're expecting to lend a 155 00:07:45,320 --> 00:07:46,600 Speaker 5: lot of the newest technology. 156 00:07:46,680 --> 00:07:50,320 Speaker 4: Okay, so September thirtieth, it's very close and you will 157 00:07:50,360 --> 00:07:52,600 Speaker 4: soon be able to if you wish to Caro get 158 00:07:52,600 --> 00:07:55,760 Speaker 4: meta ray band displays. But the market one percent gain, 159 00:07:55,840 --> 00:07:58,320 Speaker 4: I think you said. The reaction is that this is 160 00:07:58,320 --> 00:08:01,520 Speaker 4: a genuine innovation in consumer technology, and so it'll be 161 00:08:01,560 --> 00:08:03,960 Speaker 4: interesting to see out the gate who goes for it. 162 00:08:04,160 --> 00:08:05,040 Speaker 4: Back to you in New York. 163 00:08:05,520 --> 00:08:08,760 Speaker 1: Fascinating conversation with Chris Cops. We appreciated ed