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The big, long saga of how Apple lost the AI race. Nvidia wants you to bring your own gear. 23andMe’s assets are acquired. Why are Apple and Epic still bickering? And why has kidnapping suddenly become a major issue for big crypto players?
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The podcast opens with an in-depth analysis of Apple's long-term struggles within the AI sector, particularly in comparison to competitors like Amazon and Microsoft. Despite hiring former Google AI head John Giannandrea in 2018 to overhaul its AI efforts, Apple has reportedly fallen behind, with many of its promised features for Siri delayed or underwhelming. Internally, there are whispers of low morale and confusion regarding the direction of the AI team, exacerbated by a fragmented strategy and an overemphasis on traditional iOS updates. Notably, there have been challenges in merging new AI code into Legacy Siri frameworks, contributing to delays and performance issues. The company is now exploring deeper third-party partnerships and recaps the expected rollout of a next-generation Siri, while reflecting on the broader implications of their AI ambitions.
In an unexpected turn, Regeneron Pharmaceuticals is set to acquire 23andMe's assets for $256 million, following the latter's bankruptcy. The acquisition aims to leverage 23andMe's vast genetic information repository to advance human health. The acquisition signals confidence from Regeneron in maintaining robust consumer privacy policies while utilizing the data ethically. 23andMe's consumer genome services will continue, a relief to users concerned about data mishandling.
The episode highlights the ongoing feud between Apple and Epic Games, particularly surrounding the distribution of Fortnite on the US App Store. As legal motions continue, Apple faces scrutiny over its refusal to allow Fortnite back on the platform. This section discusses the implications of legal decisions and how they may shape the future of app distribution and the relationship between developers and tech giants.
Lastly, the discussion shifts to rising security concerns within the cryptocurrency industry, specifically focusing on a disturbing trend of kidnappings targeting crypto investors. The segment highlights the significant security investments being made by individuals, firms, and events to counteract these threats, including increased conference security and personal bodyguard services. This reflects an alarming reality where crypto wealth becomes a vulnerability due to the nature of the technology.
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