Why Facebook Is Acquiring Wit.ai

The video discusses Facebook's algorithm, which ranks posts based on popularity using various data. It highlights Facebook's open source software and growing developer community. The video also explains a natural language processing tool that differs from Siri and competes with tech giants like Google and Microsoft. Finally, it touches on Facebook's acquisition of Oculus and its investment in an AI lab, speculating on potential integrations.

What is the basis of Facebook's algorithm according to the text?

What potential does the text suggest about Facebook's understanding of video content?

How does the discussed natural language processing tool differ from Siri?

What competition does the startup face in the natural language processing field?

What recent investment did Facebook make that could influence its algorithm?