Why oil could be next year’s gold | TCAF 219 (youtube.com)
A couple years ago, everyone was like Apple is losing, Apple is missing out on AI, but now it's like Maybe Apple did the right thing. Oracle and Meta were pouring into AI and were doing great, now not looking so good. Google was losing, now winning. Microsoft was winning with OpenAI deals, now maybe not.
The market is no longer rewarding people for just buying hugely expensive AI projects. It's reward discipline and finding ways to sensibly make money in new ways.