<p><strong>Meta Platforms</strong>（META 1.95%）是全球使用最广泛的社交媒体网站的母公司，如 Facebook 和 Instagram。其庞大的业务已经使其实现了 1.67 万亿美元的估值，但我认为未来还有更多潜力。我可以轻松想象在五年内其价值达到 3 万亿美元，这将为股东提供超越市场的回报。</p>
<p>影响这一预测的因素有很多，但 Meta 在人工智能方面的各种投资是最大的因素。很少有公司像 Meta 那样深入投入人工智能，这在长期内可能会为他们带来丰厚的回报。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjAzNjYvcGVyc29uLXNtaWxpbmctd2hpbGUtbG9va2luZy1hdC1hLXRhYmxldC5qcGcmdz03MDA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjAzNjYvcGVyc29uLXNtaWxpbmctd2hpbGUtbG9va2luZy1hdC1hLXRhYmxldC5qcGcmdz03MDA"/></p>
<p>图片来源：Getty Images。</p>
<h2>Meta Platforms 在多个方面受益于人工智能</h2>
<p>首席执行官兼创始人马克·扎克伯格（Mark Zuckerberg）经常强调人工智能可以帮助 Meta Platforms 的五个关键方式。它们是：</p>
<ol>
<li>改进广告。</li>
<li>更具吸引力的体验。</li>
<li>商业消息传递。</li>
<li>Meta AI。</li>
<li>AI 设备。</li>
</ol>
<p>他们在构建和开发其人工智能模型 Llama 上投入了大量资金。最近的一份报告发现，Meta 计划在 2026 年之前通过使用人工智能完全自动化广告创作。基本上，客户可以向 Meta 提供一些关于公司的信息和预算，然后 Meta 将自动生成图像、视频和文本。由于 Meta 掌握了关于哪些广告有效、哪些无效以及目标客户群的信息，这可能为潜在客户节省大量成本，因为他们可以支付 Meta 而不是品牌代理商来进行广告。因此，Meta 可能会为这种广告体验收取溢价，从而提升其收入。</p>
<p>Meta 还可以通过部署工程 AI 代理来提高效率。马克·扎克伯格相信，其人工智能模型今年将能够达到与中级工程师相当的编码水平，预计明年将广泛应用。这将使现有工程师的生产力大幅提升，并可能通过部署 AI 代理而非人类来降低其他领域的开支。虽然这对从事该行业的人来说前景黯淡，但现实是 Meta Platforms 在软件工程师上的支出非常高，如果人工智能能够有效地完成这项工作，这个领域可能会面临颠覆。</p>
<p>我想强调的另一个领域是 AI 设备。虽然 Meta 在开发没有太多实际应用的 AR 和 VR 头戴设备上投入了大量资源，但与其眼镜的合作可能会有实际意义。Meta 与 Ray-Ban 合作制作的眼镜目前的使用案例相当小众，但扎克伯格相信，在未来五到十年内，我们在手机上浏览的大部分内容将通过 AI 眼镜完成。如果 AI 眼镜成为热门，这在 Meta 的估值中并未考虑到，将为业务带来巨大的增长潜力。</p>
<p>Meta 目前正在经历许多令人兴奋的创新，但这些创新尚未对其财务状况产生影响。不过，Meta 在没有任何即将推出的创新的情况下表现得相当不错。</p>
<h2>Meta 目前发布了优秀的业绩</h2>
<p>在第一季度，Meta 发布了 16% 的令人印象深刻的收入增长，而稀释每股收益（EPS）增长了 37%。这些都是非常出色的数字，第二季度应该会看到类似的结果。管理层预计中间值为 440 亿美元的收入，表明约 13% 的增长。Meta 显然表现良好，如果继续保持这种增长，尤其是在广告创新或 AI 眼镜推动收入增长的情况下，它将有望成为一家 3 万亿美元的公司。</p>
<p>转向盈利，如果 Meta 能够通过在整个员工队伍中部署 AI 代理显著降低运营费用，这可能会将 Meta 推向投资者鲜有见到的盈利水平。这是一个大问题，因为运营效率的提升对底线利润有着超乎寻常的影响。</p>
<p>考虑到这一点，我认为 Meta Platforms 现在是一个绝佳的买入机会，尤其是因为其增长和主导地位促使其以合理的估值进行交易。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/a8e6d9b573b8ff8d92425980865aeeff.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/a8e6d9b573b8ff8d92425980865aeeff.png"/></p>
<p>META 市盈率（前瞻性）数据来源于 YCharts</p>
<p>Meta 的股票以 26 倍的前瞻性收益定价，这并不是一个坏价格，加上其当前业务的增长以及各种举措，它在五年内或更短时间内轻松成为一家 5 万亿美元的公司。</p>

META

<p>Meta Platforms 目前的估值为 1.67 万亿美元，预计在五年内将达到 3 万亿美元，这得益于对人工智能的重大投资。首席执行官马克·扎克伯格强调了人工智能在改善广告、提升用户体验和自动化广告创作方面的潜力。Meta 第一季度的收入增长了 16%，每股收益增长了 37%，管理层预计将继续增长。人工智能的部署可能会提高运营效率，进一步提升盈利能力。以 26 的前瞻市盈率来看，Meta 被视为一个强劲的投资机会，甚至可能达到 5 万亿美元的估值</p>

<p><strong>Meta Platforms</strong>(META 1.95%) is the parent company of the world's most widely used social media sites, like Facebook and Instagram. Its sprawling business has already allowed it to achieve a $1.67 trillion valuation, but I think there's much more in store. I could easily see it being worth $3 trillion in five years, which would provide market-beating returns for shareholders.</p>
<div class="lb-trans"><p><strong>Meta Platforms</strong>（META 1.95%）是全球使用最广泛的社交媒体网站的母公司，如 Facebook 和 Instagram。其庞大的业务已经使其实现了 1.67 万亿美元的估值，但我认为未来还有更多潜力。我可以轻松想象在五年内其价值达到 3 万亿美元，这将为股东提供超越市场的回报。</p>
</div><p>Multiple factors influence this prediction, but Meta's various investments in artificial intelligence are the biggest. Few companies are diving into AI as deeply as Meta, which could pay off big time for them in the long term.</p>
<div class="lb-trans"><p>影响这一预测的因素有很多，但 Meta 在人工智能方面的各种投资是最大的因素。很少有公司像 Meta 那样深入投入人工智能，这在长期内可能会为他们带来丰厚的回报。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjAzNjYvcGVyc29uLXNtaWxpbmctd2hpbGUtbG9va2luZy1hdC1hLXRhYmxldC5qcGcmdz03MDA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F820366%2Fperson-smiling-while-looking-at-a-tablet.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>Meta Platforms is benefiting from AI on multiple fronts</h2>
<div class="lb-trans"><h2>Meta Platforms 在多个方面受益于人工智能</h2>
</div><p>CEO and founder Mark Zuckerberg often highlights five key ways AI can help Meta Platforms. They are:</p>
<div class="lb-trans"><p>首席执行官兼创始人马克·扎克伯格（Mark Zuckerberg）经常强调人工智能可以帮助 Meta Platforms 的五个关键方式。它们是：</p>
</div><ol>
<li>Improved advertising.</li>
<li>More engaging experiences.</li>
<li>Business messaging.</li>
<li>Meta AI.</li>
<li>AI devices.</li>
</ol>
<div class="lb-trans"><ol>
<li>改进广告。</li>
<li>更具吸引力的体验。</li>
<li>商业消息传递。</li>
<li>Meta AI。</li>
<li>AI 设备。</li>
</ol>
</div><p>They've invested significant money into building and developing their AI model, Llama. One recent report found that Meta aims to fully automate ad creation by using AI as early as 2026. Essentially, a client could give Meta some information about the company and a budget, then Meta would generate images, videos, and text automatically. Because Meta has internal information about what ads do and don't work and which client base to target, this could be a huge cost savings for its potential clients because they could pay Meta instead of a brand agency to do their advertising. As a result, Meta could likely charge a premium for this ad experience, boosting its revenue.</p>
<div class="lb-trans"><p>他们在构建和开发其人工智能模型 Llama 上投入了大量资金。最近的一份报告发现，Meta 计划在 2026 年之前通过使用人工智能完全自动化广告创作。基本上，客户可以向 Meta 提供一些关于公司的信息和预算，然后 Meta 将自动生成图像、视频和文本。由于 Meta 掌握了关于哪些广告有效、哪些无效以及目标客户群的信息，这可能为潜在客户节省大量成本，因为他们可以支付 Meta 而不是品牌代理商来进行广告。因此，Meta 可能会为这种广告体验收取溢价，从而提升其收入。</p>
</div><p>Meta could also become more efficient by deploying engineering AI agents. Mark Zuckerberg believes its AI model will be capable of coding at a level comparable to a mid-level engineer this year, with the technology scaling to widespread use by next year. This would make existing engineers far more productive and could reduce expenses in other areas by deploying AI agents rather than humans. While this is a grim outlook for those in that line of work, the reality is that Meta Platforms spends a lot of money on software engineers, and this is a field that could be ripe for disruption if AI can effectively do the job.</p>
<div class="lb-trans"><p>Meta 还可以通过部署工程 AI 代理来提高效率。马克·扎克伯格相信，其人工智能模型今年将能够达到与中级工程师相当的编码水平，预计明年将广泛应用。这将使现有工程师的生产力大幅提升，并可能通过部署 AI 代理而非人类来降低其他领域的开支。虽然这对从事该行业的人来说前景黯淡，但现实是 Meta Platforms 在软件工程师上的支出非常高，如果人工智能能够有效地完成这项工作，这个领域可能会面临颠覆。</p>
</div><p>Another area I want to highlight is AI devices. While Meta has sunk a significant amount of resources into developing AR and VR headsets that don't have much practical application, its work with its glasses could be. The current use cases for Meta's glasses that it has collaborated with Ray-Ban to make are quite niche, but within the next five to 10 years, Zuckerberg believes that most of the content we're browsing on our phones will be done with AI glasses. If AI glasses become a hit, this isn't accounted for in Meta's valuation and would be a massive growth wing for the business.</p>
<div class="lb-trans"><p>我想强调的另一个领域是 AI 设备。虽然 Meta 在开发没有太多实际应用的 AR 和 VR 头戴设备上投入了大量资源，但与其眼镜的合作可能会有实际意义。Meta 与 Ray-Ban 合作制作的眼镜目前的使用案例相当小众，但扎克伯格相信，在未来五到十年内，我们在手机上浏览的大部分内容将通过 AI 眼镜完成。如果 AI 眼镜成为热门，这在 Meta 的估值中并未考虑到，将为业务带来巨大的增长潜力。</p>
</div><p>Meta is experiencing many exciting innovations right now, but none of them have impacted its financials yet. Still, Meta is doing just fine without any of its upcoming innovations.</p>
<div class="lb-trans"><p>Meta 目前正在经历许多令人兴奋的创新，但这些创新尚未对其财务状况产生影响。不过，Meta 在没有任何即将推出的创新的情况下表现得相当不错。</p>
</div><h2>Meta is posting excellent results right now</h2>
<div class="lb-trans"><h2>Meta 目前发布了优秀的业绩</h2>
</div><p>In Q1, Meta posted impressive revenue growth of 16%, while diluted earnings per share (EPS) increased 37%. Those are fantastic numbers, and Q2 should see similar results. Management expects $44 billion in revenue at the midpoint, indicating about 13% growth. Meta is clearly doing quite well, and if it keeps this growth up, it's well on its way to becoming a $3 trillion company, especially if it sees its revenue rise thanks to its ad innovation or AI glasses.</p>
<div class="lb-trans"><p>在第一季度，Meta 发布了 16% 的令人印象深刻的收入增长，而稀释每股收益（EPS）增长了 37%。这些都是非常出色的数字，第二季度应该会看到类似的结果。管理层预计中间值为 440 亿美元的收入，表明约 13% 的增长。Meta 显然表现良好，如果继续保持这种增长，尤其是在广告创新或 AI 眼镜推动收入增长的情况下，它将有望成为一家 3 万亿美元的公司。</p>
</div><p>Shifting toward profitability, if Meta can significantly reduce its operating expenses through the deployment of AI agents throughout its workforce, that could push Meta into profitability levels that investors have seldom seen. This is a big deal, as operating efficiency improvements have an outsized effect on bottom-line profits.</p>
<div class="lb-trans"><p>转向盈利，如果 Meta 能够通过在整个员工队伍中部署 AI 代理显著降低运营费用，这可能会将 Meta 推向投资者鲜有见到的盈利水平。这是一个大问题，因为运营效率的提升对底线利润有着超乎寻常的影响。</p>
</div><p>With that in mind, I think Meta Platforms is an excellent buy right now, especially because its growth and dominance have prompted it to trade at a reasonable valuation.</p>
<div class="lb-trans"><p>考虑到这一点，我认为 Meta Platforms 现在是一个绝佳的买入机会，尤其是因为其增长和主导地位促使其以合理的估值进行交易。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/a8e6d9b573b8ff8d92425980865aeeff.png" alt="" original-src="https://media.ycharts.com/charts/a8e6d9b573b8ff8d92425980865aeeff.png"/></p>
<p>META PE Ratio (Forward) data by YCharts</p>
<div class="lb-trans"><p>META 市盈率（前瞻性）数据来源于 YCharts</p>
</div><p>Meta's stock is priced at 26 times forward earnings, which isn't a bad price to pay, and with the growth of its current business combined with its various initiatives, it could easily become a $5 trillion company in five years or less.</p>
<div class="lb-trans"><p>Meta 的股票以 26 倍的前瞻性收益定价，这并不是一个坏价格，加上其当前业务的增长以及各种举措，它在五年内或更短时间内轻松成为一家 5 万亿美元的公司。</p>
</div>

Prediction: Meta Platforms Will Be a $3 Trillion Company in 5 Years

- Meta Platforms 预计在未来五年内市值可达 3 万亿美元。  
- 其在人工智能领域的投资将推动广告创新和成本节约。  
- Q1 收入增长 16%，每股收益增长 37%，显示出强劲的财务表现。  

预测：Meta Platforms 将在五年内成为市值达到 3 万亿美元的公司