Meta announced a terms of service update effective October 30, authorizing Meta and its agents to use automated tools such as web scrapers to crawl, index, and cache content from websites associated with business users' products and services, for use in Muse AI agent browsing, advertising, and model training. Critics say it could help Meta avoid tens of millions of dollars in content licensing fees and potentially restrict news organizations' access to its platforms through contractual conditions.
In an episode of The Knowledge Podcast, Ackman said artificial intelligence has dramatically increased the risk of industry disruption, requiring investors to reassess company moats. He also acknowledged that Pershing Square has used AI for investment research, expressed optimism about AI-driven medical advances and entrepreneurial opportunities, and mentioned Meta's Muse AI agent and Brookfield.
At Connect, Meta unveiled Charm, a Tamagotchi-like device with built-in Muse AI. Zuckerberg demonstrated waking the AI via a corner fingerprint sensor, with an animated interchangeable avatar on screen. The device's components and design are not yet finalized, with only a few prototypes built, and Meta aims to ship it before the December holiday season.