Meta Muse triggers selloff in inertia-dependent stocks
1 Sep 22 2:14 PM · 1d ago · 3 articles · 1 post · 3 sources · development 1 of 1
Major banks, insurers, and online travel agencies declined on Tuesday as investors feared that personal AI agents like Meta's Muse could disrupt businesses that rely on consumer inertia—the tendency for people to continue purchasing out of habit even when better alternatives exist.
“tools like Meta Platforms Inc.'s personal AI agent could disrupt businesses that benefit from so-called consumer inertia, the tendency to keep buying something out of habit even when a better alternative exists”
Bloomberg Markets, Financial news outlet · rss ↗Meta Platforms Inc. AI developer
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What was reported 1 claim about this development
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first by Bloomberg Markets, 1d ago · also Bloomberg
What people said 24 voices · best of 25 · verbatim
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C
Meta’s Muse disrupts “consumer inertia” stocks — “the tendency to keep buying something out of habit even when a better alternative exists.” @bloomberg.com $META
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Feels like an attempt at taking first-mover advantage for open weight models directed at mass market/non-enterprise users in the US. Might work out if users of Meta products instinctively cross over. Or it could be like Threads. Especially if Meta has burned off enough good faith in it's consumer base that they'll ignore another Meta product. But…
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In 3 weeks that The Social Reckoning movie comes out. https://www.imdb.com/title/tt37510326/ Some time between tomorrow and early next week META is going to start dumping and then the media stories start coming out and then the news doom and then reddit tards will start asking "IS FACEBOOK OVER?" And then about eight weeks after that when there is…
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Is muse going to be the best AI to use to create a video or something like that? Probably not. Is it great to use in terms of cost and the performance from backend perspective and to run background tasks, specifically in terms of what you get for that price? You bet. That's how it is different. You don't have to believe me, just google it
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I hear you, brother. It's been a godsend for me. I was able to release 40% of my staff right as the school year started, and I figure that I'll release another 40% right before the holidays. And the cherry on top is that I can tell the AI agents to mock and harass my ex employees on social media (and occasionally glaze me).
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Honestly if you haven't seen it, you should check it out. It's this cool new tool that reads all of your private messages and chats and then sells your data to 3rd parties! It's like having your own FREE personal stalker!
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It's probably not better as a coding agent in the traditional sense. One of the areas that muse excels is at being cheap to use from the backend perspective. It quite simply is the cheapest model to run for its perormance
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Not only does Meta sell your data to third parties, it uses every interaction, regardless of how sensitive, as a part of it's training data set to train the agents. You directly feed the AI! Isn't it neat?!
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having it look thru your transactions for ways to cut expenses is huge use case. Between various members of my extended family, we have eliminated at least 1500 dollars monthly. that alone is a good -5% gdp
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look at all subscriptions and also tell it to look for anything unusual like double billing or anything that looks to be fraudulent- sometimes vendors overcharge. Then ask it how to save money.
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Honestly, the more I read about muse, the better is sounds. Cherry on top - Reddit seems to think it will be pointless. So it mostly will be a hit. I guess only time will tell.
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Meta obviously fucks around with tech dude. Zuckerberg showed off breasts in a news briefing lmao. They’re a leader in doing the wrong thing and knowing it.
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I still do it the old fashioned way by copying/pasting my credit card data to a prince in NIGERIA. He eliminated $1500 from my account instantly.
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Turns out 'consumer inertia' is only a moat until somebody makes cancelling one click. Half these tickers were priced on me never logging in.
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Took a look at it and it eas suggesting it could hell me with birthday wishes. People want consumers to use their pointless AI SO badly.
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the trick is to connect all your accounts that you normally use. you need it to see the whole picture across all your credit cards.
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Technically my username is based on a scooter that was available in India a long time ago. Not a car. But, a vehicle nonetheless.
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i did it with chatgpt though muse has the same thing. you have to connect it to your bank websites. it has a connector
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No, they fired everyone including themselves and caused other companies in the same industry to lay off staff as well.
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not a bot. i mean you can just connect it to one account if you want. anyways, i'm not here to sell anyone anything.
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AI doesn’t need to destroy these businesses. Just reducing switching friction could be enough to pressure margins.
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There are established apps that can do this already, and have been for sone time. Apos that don't sell your data.
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Has anyone used this thing? I assume downloads are like threads, ad motivated clicks. Is it sticky?
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Interesting! What sort of expenses did it target? $1500 a month is a game changer for sure
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