Deepwater Asset Management’s managing partner Gene Munster and RiskRevarsal Advisors’ Dan Nathan have recently shared their views on Apple Inc. (AAPL) and Alphabet Inc. (GOOG, GOOGL) being underdogs in the artificial intelligence arena. Munster and Nathan discussed this topic on a podcast, where they explored various subjects such as the ongoing TikTok debacle, Nvidia Corporation, and the potential partnership between Apple and Google to integrate the latter’s AI model Gemini into new iPhone software features.
Nathan expressed his belief that if Apple and Google were to collaborate, it would create a fascinating narrative, highlighting the underdog status of these two tech giants. He pointed out the lack of excitement around Apple’s products compared to the enthusiastic response to Jensen Wang, CEO of Nvidia, at a recent event. Munster agreed with Nathan’s assessment, suggesting that this period could mark significant waves or paradigm shifts in the tech industry.
The reported discussions between Apple and Google, as well as OpenAI, to license their AI models have raised concerns among some analysts. Tesla investor Ross Gerber criticized Apple’s potential deal with Google, calling it a “sad admission” of missed opportunities. Billionaire investor Chamath Palihapitiya also drew parallels between this reported decision and Apple’s retreat from the electric car sector, suggesting a shift in the company’s focus towards generative AI.
Overall, the discussions between Munster, Nathan, and other industry experts highlight the evolving landscape of artificial intelligence and the strategic moves being made by major tech companies. As AI continues to play a crucial role in shaping the future of technology, it will be interesting to see how companies like Apple and Google position themselves in this competitive space.
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