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Ed Elson

πŸ‘€ Speaker
12711 total appearances
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Appearances Over Time

Podcast Appearances

Prof G Markets
Tim Cook Sat Out the AI Race β€” Will the New CEO Pay the Price?

Thanks, guys.

Prof G Markets
Tim Cook Sat Out the AI Race β€” Will the New CEO Pay the Price?

Thanks for having us.

Prof G Markets
Tim Cook Sat Out the AI Race β€” Will the New CEO Pay the Price?

So, the Tim Cook era is officially ending.

Prof G Markets
Tim Cook Sat Out the AI Race β€” Will the New CEO Pay the Price?

Before we wrap, a quick review of the Apple CEO's career and his legacy.

Prof G Markets
Tim Cook Sat Out the AI Race β€” Will the New CEO Pay the Price?

Tim Cook started at Apple in 1998 after spending five minutes with Steve Jobs, who convinced him to join the company.

Prof G Markets
Tim Cook Sat Out the AI Race β€” Will the New CEO Pay the Price?

He was eventually promoted to COO, and then in 2011, just weeks before Jobs passed, he was named CEO.

Prof G Markets
Tim Cook Sat Out the AI Race β€” Will the New CEO Pay the Price?

He will go down as one of the greatest executives ever.

Prof G Markets
Tim Cook Sat Out the AI Race β€” Will the New CEO Pay the Price?

When he took over, Apple was worth $350 billion.

Prof G Markets
Tim Cook Sat Out the AI Race β€” Will the New CEO Pay the Price?

Today, that number is almost $4 trillion.

Prof G Markets
Tim Cook Sat Out the AI Race β€” Will the New CEO Pay the Price?

In other words, Tim Cook technically created 11 times more value for shareholders than Steve Jobs himself.

Prof G Markets
Tim Cook Sat Out the AI Race β€” Will the New CEO Pay the Price?

He also sold more than three billion iPhones.

Prof G Markets
Tim Cook Sat Out the AI Race β€” Will the New CEO Pay the Price?

That is more than one iPhone for every three people on the planet.

Prof G Markets
Tim Cook Sat Out the AI Race β€” Will the New CEO Pay the Price?

In addition, he oversaw the rollout of some of Apple's most iconic products, including the Apple AirPods and also the Apple Watch.

Prof G Markets
Tim Cook Sat Out the AI Race β€” Will the New CEO Pay the Price?

But his tenure was not without troubles.

Prof G Markets
Tim Cook Sat Out the AI Race β€” Will the New CEO Pay the Price?

most of which came in the latter years.

Prof G Markets
Tim Cook Sat Out the AI Race β€” Will the New CEO Pay the Price?

His latest product, the Apple Vision Pro, was a failure.

Prof G Markets
Tim Cook Sat Out the AI Race β€” Will the New CEO Pay the Price?

It sold only half a million units before it was quietly pulled.

Prof G Markets
Tim Cook Sat Out the AI Race β€” Will the New CEO Pay the Price?

He also fumbled Apple's AI program, which was underwhelming to consumers and also prompted several executives to leave.

Prof G Markets
Tim Cook Sat Out the AI Race β€” Will the New CEO Pay the Price?

His greatest mistake, however, might have been his embarrassing display of obsequience.

Prof G Markets
Tim Cook Sat Out the AI Race β€” Will the New CEO Pay the Price?

toward the president.