Big Technology Podcast Did The AI Bubble Just Pop?, Apple Intelligence Beta Arrives, Friend Dot Com
Aug 2, 2024
This week delves into the turbulence of consumer spending and its impact on the market, looking at Starbucks as a barometer for economic shifts. There's heated debate about the skepticism surrounding AI investments and the potential bubble. Apple Intelligence’s beta rolls out, but Siri still disappoints. Listeners are invited to share their thoughts, with lively discussions on Olympic highlights and a humorous wedding ring mishap. The conversation seamlessly blends technology insights and personal anecdotes, making for an engaging listen.
AI Snips
Chapters
Transcript
Episode notes
AI Spending and Market Trends
- The AI spending narrative has held up the market during downturns.
- Questioning of AI investments and value creation may cause market corrections.
Intel's Decline
- Intel is laying off 15,000 people and cutting its dividend.
- Intel's struggles are attributed to its inability to compete in the AI infrastructure market.
Economic Outlook
- The economy might experience a healthy short-term correction.
- Consumer spending is slowing, but the Fed's potential rate cuts may stabilize things.