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I don't want to use the "bubble" word, but...
The main things I see lately are: Apple is creating VR headsets and new chip technology, Microsoft is buying up AI companies and injecting ads/spyware into their operating systems. Also Microsoft is getting big into cloud. Interesting to see what Wall Street rewards.
Ok, so one of those technologies potentially saves people time and levels the playing field by enabling the use of computers with less special training to achieve equivalent results. The other one aims to strap screens to other people's faces to keep them even longer in a perpetually-online computer bubble of their own choosing, because that's been going great for society so far.
Did you forget allowing the sum total of human knowledge to be swamped by dogshit, because it allows for the creation of dogshit at scale more cheaply than ever before?
Apple just needs to do SOMETHING exciting with AI. Vision Pro looks great, but it's only a small piece of a much larger puzzle. I'm not sure if they're just too big to move at the speed they need to move or if it's something more damning about their internal culture but they need to do something in this space faster than I think most people realize.
The main things I see lately are: Apple is creating VR headsets and new chip technology, Microsoft is buying up AI companies and injecting ads/spyware into their operating systems. Also Microsoft is getting big into cloud. Interesting to see what Wall Street rewards.
Microsoft is much more diversified than that. They have entire consulting services and a world class research arm and many other things that Apple has no analog of.
Honest question: does Wall Street care? In my experience, this is the kind of thing that’s (rightly or wrongly) considered a “cost center”, not a “profit center”.
The main things I see lately are: Apple is creating VR headsets and new chip technology, Microsoft is buying up AI companies and injecting ads/spyware into their operating systems. Also Microsoft is getting big into cloud. Interesting to see what Wall Street rewards.
Of course investors aren't rewarding them for an upcoming VR headset which is yet to be proven. Why would they?
Microsoft's recent stock gains are obviously due to AI hype and the expected returns from it, but does the company actually have obvious lines of revenue from AI to that degree? Looking at the numbers investors are expecting them to make more from LLMs than they do from products like Windows and Office. I don't want to use the "bubble" word, but...
If he hadn’t sold his stock, he’d be worth ~$1.5 Trillion
To put that into context, he'd be worth 6x Elon Musk (who's the current riches person-in-the-world)
https://finance.yahoo.com/news/bill-gates-could-trillionaire....
Bill Gates, at time of IPO owned 49% of Microsoft. If he hadn’t sold his stock, he’d be worth ~$1.5 Trillion To put that into context, he'd be worth 6x Elon Musk (who's the current riches person-in-the-world) https://finance.yahoo.com/news/bill-gates-could-trillionaire... .
Apple just needs to do SOMETHING exciting with AI. Vision Pro looks great, but it's only a small piece of a much larger puzzle. I'm not sure if they're just too big to move at the speed they need to move or if it's something more damning about their internal culture but they need to do something in this space faster than I think most people realize.
So far their approach has been different, but their last keynote mentioned ML countless times. We can only assume they have more in the pipeline, and it will run locally on-device, which seems preferable to all the data collection being done with most companies working on AI.