DeepTech Ep5: Upon Further Review, We're Still Early In AI

In this episode of Deep Tech, Doug Clinton and Gene Munster discuss recent events in the AI industry, particularly Oracle's ambitious AI-driven revenue targets for 2030 and its potential impact, drawing parallels to Nvidia's growth. They analyze the significant capital investments by mega-cap companies like Meta, Microsoft, and Alphabet in AI, contrasting it with the internet boom of the 90s. The conversation further explores the shift from GPU to custom silicon demand, the implications for Nvidia, and Apple's AI strategy, including its potential partnership with Google and the critical need to revamp Siri. The hosts debate whether Apple has missed the boat on AI and the potential impact of a Siri "flop" on consumer perception and future device choices. They conclude by emphasizing the long-term potential of AI and the importance of monitoring the capital expenditure of major tech companies to gauge industry growth.