Apple has been the leading buyer of AI startups since 2017, acquiring 21 companies, nearly double the number purchased by Microsoft and Meta.
While other Big Tech companies like Google and Microsoft are vocal about their AI investments, Apple remains relatively quiet, choosing to announce things as they come to market.
The startups Apple has acquired focus on areas like self-driving technology, voice design, music generation, and image recognition.
This acquisition strategy contrasts with companies like Microsoft and Google, who are more cautious with acquisitions due to antitrust scrutiny and instead opt for partnerships with startups.
Apple's AI investments have contributed to new iPhone features such as personal voice and real-time voicemail transcription.
We need to spend the next 3-4 decades breaking up all these monoplies and duopolies. And then not allow it again, since this will be the second time we've had to do this.
I think the current startup scene leads to some pretty perverse incentives, as we’ve seen. However, I agree with you, and something needs to fill the void. A number of these startups have a very hard to no path to profitability but the ideas they come up with and execute on aren’t happening at larger corps.
I think maybe with less of a monopoly/duopoly/etc we can move past the “you have to own the whole market or it’s not worth it”-mindset. That’s one thing I hate so much about SV/startup culture. You’re either a unicorn or you’re a failure, which is total bullshit but when VCs and the like are involved those are the only 2 options.
I have my own side business, it’s small right now but it could grow to support me fully. It will never be a billion dollar idea, it will never “change the world”, but it’s an honest job and over time if I keep growing it I could go full time on it. I wish more people aimed for something like that.
I’ll also get up on my soapbox and talk about how things like UBI, universal healthcare, and similar programs would make this path 10000x easier for people. Having a safety net and not having to pay a second mortgage for healthcare would be nice.
The truth is that apple is buying because it has been unable to keep up with competition.
Focus of Apple has never been innovating, it has always been recognizing innovation from others with huge market potential, and invest to sell it to mainstream market.
This is what it is doing with ai as well. It has always been their business model, they are the best at it, so they'll keep doing it.
Agreed. Apple is rarely first to use a technology, but they sort of “perfect it”, or release a version that works for a large amount of the populous. Obviously they don’t always hit home runs but very often when they release a product it sets a new baseline of what to expect out of that type of thing.