Zuckerberg Forecasts Billions of Personal AI Agents Even as Costs Surge and Progress Stalls

On Meta's July 29 Q2 earnings call, Mark Zuckerberg predicted billions of people will have personal AI agents within five years — handling finances, health, and relationships. Weeks earlier, on July 2, he told Reuters agent development was "progressing slower than expected." Meta's Q2 free cash flow fell 91% year-over-year to $784 million amid surging AI infrastructure spending, sending shares down nearly 10%.