Topics

Posted 9/29/2023, 12:22:54 PM

Apple commits to UK AI investment and hiring despite tech layoffs elsewhere

Apple CEO Tim Cook says the company will hire more AI staff in the UK and increase investment. This comes as big tech firms make widespread redundancies.
Cook reaffirmed Apple is researching generative AI like ChatGPT. He says AI already powers iPhone features like predictive text.
Apple is now spending millions per day on conversational AI research for a "Apple GPT" chatbot.
The hiring contrasts with layoffs elsewhere. Epic Games is cutting over 800 jobs.
Cook visiting UK, met with Prince and Princess of Wales. Trip follows Europe visits. Yesterday he visited a school and new Apple Store.

macrumors.com

Relevant topic timeline:

8/27/2023

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8/29/2023

After a wave of layoffs, tech is hiring for AI jobs

Tech workers fearful of being replaced by AI are now seeking AI jobs, as employers like Apple, Netflix, and Amazon are hiring specialists in AI and machine learning, offering high-paying positions in response to the AI wave.

9/5/2023

Is AI coming for your job?

Some companies in the Phoenix area are hiring due to the implementation of artificial intelligence (AI), challenging the notion that AI will replace human workers and negatively impact the job market.

9/6/2023

Apple is reportedly spending ‘millions of dollars a day’ training AI

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9/19/2023

CEOs Embrace AI Takeover of Mundane Tasks But Struggle to Find Workers With Needed Skills

Nearly half of CEOs (49%) believe that artificial intelligence (AI) could replace most or all of their roles, and 47% think it would be beneficial, according to a survey from online education platform edX. However, executives also acknowledged that "soft skills" defining a good CEO, such as critical thinking and collaboration, would be difficult for AI to replicate. Additionally, the survey found that 49% of existing skills in the current workforce may not be relevant by 2025, with 47% of workers unprepared for the future.

9/29/2023

Apple's Cook Talks AI Approach, Gaming, and Commitment to Privacy at Developer Event

Apple CEO Tim Cook discussed the company's use of artificial intelligence and its cautious approach to generative AI, emphasizing the importance of privacy and the company's commitment to being the best in gaming during a visit to London.

9/29/2023

Apple Plans Major Push into AI with Increased Spending and UK Hiring

Apple plans to increase its spending on artificial intelligence (AI) and hire more employees in the UK, which has been seen as a positive move for the country's technology sector. However, CEO Tim Cook advises caution in AI development, emphasizing the need for thoughtfulness and deliberation. Despite this, Apple's stock receives analyst support and is rated as a Moderate Buy with a potential upside of 20.82%.

10/2/2023

JPMorgan Chase CEO Predicts AI Will Enable 3.5 Day Workweek, But Acknowledges Job Disruption

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10/5/2023

Apple and Nvidia CEOs Score High Marks in Anonymous Employee Survey, While Other Tech Leaders Struggle

Four out of five Apple employees approve of CEO Tim Cook's job, while only four out of one hundred X employees approve of CEO Linda Yaccarino's performance.

10/21/2023

Google Pixels Outpace iPhones in AI Features, But Apple Aims to Catch Up

Apple is reportedly building AI servers in preparation for launching AI capabilities in its future iPhones, potentially catching up to Google's lead in AI on smartphones.

Topics

Posted 9/29/2023, 12:22:54 PM

Apple commits to UK AI investment and hiring despite tech layoffs elsewhere

Apple CEO Tim Cook says the company will hire more AI staff in the UK and increase investment. This comes as big tech firms make widespread redundancies.
Cook reaffirmed Apple is researching generative AI like ChatGPT. He says AI already powers iPhone features like predictive text.
Apple is now spending millions per day on conversational AI research for a "Apple GPT" chatbot.
The hiring contrasts with layoffs elsewhere. Epic Games is cutting over 800 jobs.
Cook visiting UK, met with Prince and Princess of Wales. Trip follows Europe visits. Yesterday he visited a school and new Apple Store.

macrumors.com

Relevant topic timeline:

8/27/2023

Global inflation pressures may become harder to handle in coming years, research suggests

Apple CEO Tim Cook speaks at the Taiwan Semiconductor Manufacturing Company facility under construction in Phoenix.

8/29/2023

After a wave of layoffs, tech is hiring for AI jobs

9/5/2023

Is AI coming for your job?

9/6/2023

Apple is reportedly spending ‘millions of dollars a day’ training AI

9/19/2023

CEOs Embrace AI Takeover of Mundane Tasks But Struggle to Find Workers With Needed Skills

9/29/2023

Apple's Cook Talks AI Approach, Gaming, and Commitment to Privacy at Developer Event

9/29/2023

Apple Plans Major Push into AI with Increased Spending and UK Hiring

10/2/2023

JPMorgan Chase CEO Predicts AI Will Enable 3.5 Day Workweek, But Acknowledges Job Disruption

JPMorgan Chase CEO Jamie Dimon predicts that artificial intelligence will enable the next generation of workers to have a three and a half-day workweek.

10/5/2023

Apple and Nvidia CEOs Score High Marks in Anonymous Employee Survey, While Other Tech Leaders Struggle

Four out of five Apple employees approve of CEO Tim Cook's job, while only four out of one hundred X employees approve of CEO Linda Yaccarino's performance.

10/21/2023

Google Pixels Outpace iPhones in AI Features, But Apple Aims to Catch Up

Apple is reportedly building AI servers in preparation for launching AI capabilities in its future iPhones, potentially catching up to Google's lead in AI on smartphones.