Exploring how big tech companies like Apple and meta are scaling back ambitious projects to concentrate on AI, reflecting a shift towards more focused innovation in Silicon Valley. Additionally, Alphabet's Moonshot Lab is transitioning towards AI projects and bringing some moonshot ideas to reality.
Google’s “moonshot” factory, dubbed “X,” encouraged researchers, engineers and developers to dream big for years – no project was too ambitious or too expensive. But recently there’s been a shift. With the tech boom in the rearview mirror, tightening budgets and the rising popularity of ChatGPT, Google has turned its focus away from chasing longshot inventions to expanding its search engine business and AI operations.
In today’s episode, Bloomberg’s Julia Love tells host Sarah Holder what this means for Google and tech innovation at large.
Read more: Google’s Moonshot Factory Falls Back Down to Earth
See omnystudio.com/listener for privacy information.