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It looks like Apple's lack of R&D could become a threat to their future. Many companies are able to build a phone these days. But not every company will be ab
by ArtTimeInvestor 3y ago
It looks like Apple's lack of R&D could become a threat to their future.
Many companies are able to build a phone these days.
But not every company will be able to build a top-notch AI assistant.
The race is on. Whoever will have the best AI will dictate everybody else the conditions for using it.
If it turns out that only Google has the infrastructure to digest all the world's information in real-time and feed it into a top-notch LLM - that would be the biggest threat. Then maybe nobody can compete. Because nobody has built a search engine on par with Google yet. Which probably means that nobody else has figured out how to ingest data on the scale Google does.
- trollied 3y agoLack of R&D? >In fiscal 2023, which ended September 30, the company spend $29.9 billion on research and development
- aeyes 3y agoR&D in accounting is very broad, even people who maintain existing systems can be expensed as R&D
- ArtTimeInvestor 3y agoThat is less than Google. And Apple seems to have spent theirs on the wrong projects. A car which they binned and a headset which seems to not be what people are looking for. What people are looking for is software which does their work for them. The two big assets Apple has at the moment are the trust of their users and good chip production capabilites. We'll see where that leads to. My feeling is that software is more valuable than brand and hardware. So I have the feeling that Google and Microsoft currently have a better starting position into the advent of AI than Apple.
- kec 3y agoThe largest chunk of R&D spending is going to be employee comp, that differential is almost certainly due to google hiring like mad during the pandemic versus Apple famously running very lean.