Comment on Apple may be quiet on AI, but it’s also the biggest buyer of AI companies

• Earthwormjim91@lemmy.world ⁨9⁩ ⁨months⁩ ago

  It’s been this way forever. Long before Google even. My uncle made millions during the dot com bubble by starting up a website, getting some traffic, then selling it off a bigger company. He did that 2 or 3 times and then retired in his 30s lol.

  Hell that’s what the dot com bubble was in the first place. A million startups all trying to get bought by a bigger player.

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  • bob_wiley@lemmy.world ⁨9⁩ ⁨months⁩ ago

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    • Earthwormjim91@lemmy.world ⁨9⁩ ⁨months⁩ ago

      And we’re currently in one for “AI”. That’s kind of my point. All of these AI companies are in it to sell off before the bubble pops. They have one little seed of good idea but no fully fleshed out path because they’re hoping for their idea to be bought out.

      It’s how it is, how it’s been, and how it will always be in the early stages of any new technology. You will always have small startups/inventors trying to get one idea bought up to get their big payday.

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