Apple's recent WWDC event faced backlash, particularly regarding its new Liquid Glass design, impacting iPhone notifications' readability. The more pressing concern, however, was the postponement of Siri's AI upgrade, which sent Apple’s market value down by $75 billion. With rivals like Google advancing rapidly in AI, analysts express growing concern over an emerging 'intelligence gap' between iPhones and other smartphones, particularly with the capabilities of devices already integrating AI features. The industry's pace of innovation leaves Apple at risk of lagging further behind.
Analyst Dan Ives is usually bullish, but even he's concerned. "They have a tight window to figure this out," Ives wrote, after calling this year's WWDC a "yawner."
AI is complex, expensive, and takes a long time to get right. Apple was late to start building the needed foundational technology, such as data centers, training data pipelines, and homegrown AI chips.
When will Siri get the AI upgrade it desperately needs? Software chief Craig Federighi delivered the bad news: It's still not ready. That knocked roughly $75 billion off Apple's market value.
A few jokers on X even shared a screenshot of YouTube's play button obstructing the 'Gl' in a thumbnail for an Apple Liquid Glass promo.
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