4 ms·

This seems like rounding error and a nothing-burger story given - size of apple - size of apple r&d - size of near future opportunity and value that might be

This seems like rounding error and a nothing-burger story given - size of apple - size of apple r&d - size of near future opportunity and value that might be gained

bunabhucan 3y ago
Apple FY2022 R&D was $26.251B or $72m/day (of 365) "Millions" just means AI is more than 3% of R&D.
verve_rat 3y ago
This does have one interesting consequence though. If Apple spends millions a day on AI training, then only similar mega-corps will be able to complete. AI is not a democratising force, it is a capital concentrator.
- pharmakom 3y ago
  Depends if massive spend is actually required to deliver products.
- HWR_14 3y ago
  Building giant cloud services like AWS requires mega-corps, but democratize computing power.