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Meta chief executive Mark Zuckerberg told employees at an internal town hall on Thursday that progress on AI agents has fallen short of expectations over the past four months, a rare moment of public candor about the company's most closely watched bet.
At a Glance
- Zuckerberg spoke at an internal Meta town hall on Thursday, July 2.
- He said AI agent development has not accelerated the way the company expected over the last four months.
- He acknowledged a recent reorganization involving major job cuts was not as clean as it could have been.
- Bets tied to Meta's new organizational structure have not yet paid off, according to Zuckerberg.
What Zuckerberg Told Staff
According to a recording of the meeting, Zuckerberg told employees that the pace of AI agent development has stalled relative to what leadership anticipated. He did not offer a detailed explanation for the slowdown, but the admission stands out from a company that has spent the past two years positioning itself as a frontrunner in generative AI, pouring billions into data centers, chips and research talent.
Zuckerberg also addressed the messier side of running a company built around rapid AI expansion. He said the reorganization Meta carried out, which included significant layoffs, had not gone as smoothly as planned. He described the new structure as still unproven, telling staff that the bets placed on it