Neil Fryman

It's now hosting an NFL game on Christmas Day.

It said it would never make big purchases and only build things internally.

Well, now it's buying the biggest, one of the biggest movie studios in the entire planet.

Another aspect that you have to bring in is just demographics.

A lot of these people, as you mentioned, have been at Apple.

for decades through the jobs era, through the Tim Cook era, and he's now been there for well over a decade.

They're in their 60s or they're getting close to it, which means that we're going to be there one day and we're going to say, yeah, I don't want to work anymore.

So I think a lot of it does, you can chalk up to the fact that people are just, they're at retirement age.

That said, the folks who aren't retiring in the leadership ranks and also in the AI engineering ranks are going to one of two places.

They're either going to

Meta or OpenAI, which are two of Apple's chief rivals in this big technological race to develop artificial intelligence, which many in the tech industry think is the next, quote unquote, industrial revolution.

So the fact that you have some of your best talent decamping for your rivals at a time when everyone is racing to build the thing that will unlock what they think is trillions of dollars worth of value, it is a little spooky.

Zuck forever, for over a decade, has said, I hate that... He hasn't said it, but he's thought, I hate the iPhone.

I hate that I built my social media and I'm beholden to the iPhone and Apple's devices.

He thinks he's building the next iPhone or the next smartphone or the next computing device, which is glasses.

And then OpenAI...

poaching of Apple talent goes back to last year when Sam Altman paid over $6 billion to Aqua hire Steve Jobs' best designer, which was Johnny Ive, who designed all of Apple's iconic products.

They are working together to create some sort of AI device that we don't know exactly what it will look like.

But OpenAI's poaching of Apple talent goes back years, so does Meta's, and Apple is looking to the future saying, where are we going to get this new pipeline of talent?

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