I don't believe it's really that, but the fact that Apple 1) is profitable 2) holds a lot of cash, and 3) has a proven capability to execute new products.
So by not attempting to enter market niches, they could be potentially leaving a lot of money on the table, while the downside of the product failing to get traction doesn't really kill them.
It feels like the "Hype Wave" is going through oscillations before it damps down.
You know, it starts with hype about this new thing that is, perhaps, smarter than humans—or at least may soon be. And then the backlash comes and AI's reputation follows in descension.
And from such backlash and hate, some people start to say, "Hey, it's not so bad. It works for me." And maybe AI's reputation begins to swings toward the positive…
I suppose this is to be expected and perhaps ultimately healthy. I know for myself the swings in attitudes regarding AI have caused me to give pause and consider both sides with more regard than I might have. It has blunted some of my criticism and praise, sharpened others.
Yeah, that's kind of where I am: Billionaires appear to be a net-negative for society, the planet.
Regardless of what you even do with the money, simply preventing people from ever having billions is going to be a good thing for the world, democracy, etc.
(I thought the same: suspecting it's a kind of crossfade between accreting bodies and finished Earth.)
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