What you describe does not seem to require the involvement of Facebook. It doesn't even seem to require cameras. Just ask them to swipe their credit card to start using the automated ordering system.
Also I’m talking about tracking someone using their face, without them interacting with any systems at all or even checking out. Sure you could do implement a simpler similar system with credit cards but people have many credit cards that change often and so it would be difficult to get an accurate full profile of an individual. By contrast Facebooks AI would be universal and would be able to look at what you ordered at Wendy’s and use that to optimize the menu that is presented to the user for optimal conversions, even if you’ve never been in a mcdonald’s before. This is nice if you’re mcdonald’s but if you’re a small restaurant it’s a game changer. I don’t even know if Facebook is working on this but you can imagine them making a lot of money offering these types of services.
How much do you think McDonalds would pay for a magic camera + menu that boosted all their store revenue by 5% overnight?
Sorry, but I'm just not buying the vision. Facebook has ridden this incredible wave, first of investors spooging themselves with excitement over the potential value of all the data collected, then the wave of advertisers coming in and spending massive amounts with very questionable ROI. Long term everyone is going to get more sophisticated and realize there are cases where "would you like fries with that?" simply performs better once you factor in the weaknesses of comprehensive data-driven in-store advertising (cost, bandwidth, alienation, noisy data, key data out of band, etc, etc).
I'm not suggesting it's a good idea, just that it's an option.
The merchant tracks your buying habits, and in return you get a variety of promotions. Square does this, FiveStars does this, Ritual does this, Clover and every other “connected” register company do this, Starbucks app does this.
The fancy camera, while interesting, is not a necessary aspect of this. Customization when the customer is physically in the store is nice, but the real money seems to be in getting that customer to the store.
I think the arguments in the article, at least most of them, are focusing on the platform.
Ad targeting has it's place for certain applications, but it is easy to overestimate its impact.