Apple Reportedly Halts Work On Vision Pro 2, Focuses On Cheaper Version As Demand Falters  | ZeroHedge

What was Apple CEO Tim Cook thinking?

Releasing the Vision Pro headset earlier this year for the price tag of $3,899 (for a 1TB version) in a period where Goldman, including ourselves, has shown the American middle class has quickly deteriorated under Bidenomics – was likely a terrible idea. 

Perhaps Cook has since gotten the memo amid slumping demand, as a new report from The Information suggests Apple suspended work on the second-generation Vision Pro and diverted efforts (more…)

Continue ReadingApple Reportedly Halts Work On Vision Pro 2, Focuses On Cheaper Version As Demand Falters  | ZeroHedge

AI: “Existential Crisis” Or Excuse For Cronyism? | ZeroHedge

Authored by Joshua Mawhorter via The Mises Institute,

Several months ago, I was on a long car trip with my dad, and we listened to a podcast that gave some commentary on the following headlines from the New York Times and the Wall Street Journal: “AI Poses ‘Risk of Extinction,’ Industry Leaders Warn” and “AI Poses ‘Risk of Extinction’ on Par with Pandemics and Nuclear War, Tech Executives Warn.”

Obviously, this was in the wake of new AI technologies (more…)

Continue ReadingAI: “Existential Crisis” Or Excuse For Cronyism? | ZeroHedge