The article discusses Apple’s struggles in the field of artificial intelligence (AI) and how it could impact the company’s stock and CEO Tim Cook’s position by 2024. The key points are: 1) Apple has fallen behind rivals like Google, Microsoft, and OpenAI in developing advanced AI systems like ChatGPT. 2) The company’s AI efforts have been hampered by its focus on privacy and its reluctance to share user data for training AI models. 3) Apple’s lack of progress in AI could hurt its ability to develop new products and services, potentially impacting its stock price and Cook’s leadership. 4) Analysts suggest that if Apple doesn’t catch up in AI by 2024, it could face pressure from investors and potentially a leadership change. 5) The article highlights the importance of AI for tech companies and the potential consequences for those that fall behind in this rapidly evolving field.
Source: https://www.businessinsider.com/apple-bad-year-ai-stock-tim-cook-2024-4