Apple CEO Tim Cook recently addressed concerns about the company’s commitment to artificial intelligence (AI) during the annual shareholder meeting in 2024. Cook passionately defended Apple’s involvement in AI, highlighting significant investments and the advantageous use of in-house chips in Apple laptops for AI applications.
Despite facing resistance from shareholders regarding the disclosure of AI strategy, Cook assured that plans would be revealed later this year, underlining the company’s commitment to transparency and future advancements in AI.
Acknowledging criticism in comparison to rivals like Microsoft and Google, Cook hinted at a major AI-related announcement this year, suggesting that Apple aims to pioneer groundbreaking developments in generative AI. This move could potentially position Apple as a formidable player in the competitive AI landscape.
Cook emphasized that AI is already an integral part of Apple users’ daily lives, citing examples such as the Apple Watch’s ability to track workouts and automatically detect activities like walking or swimming. Additionally, AI contributes to essential features like heart rate alerts on iPhones.
Current AI-powered features include the Vision Pro’s hand-tracking tool and heart rate alerts on Apple Watch. Cook also highlighted the capability of Apple’s MacBook chips to effectively run AI processes, further reinforcing the company’s dedication to integrating AI across its product lineup.
Apple shareholders rejected a proposal at their annual meeting, which urged the company to disclose its AI activities and ethical guidelines. Despite recent setbacks like shutting down an electric vehicle project and reallocating personnel to AI development, the proposal by AFL-CIO Equity Index Funds did not gain approval. However, the meeting did greenlight executive compensation plans.
In conclusion, Apple is making substantial investments in AI, with plans to disclose its AI strategy later this year. Despite facing critiques, Cook expressed confidence that Apple’s AI technology will redefine the future, positioning the company as a leader in the evolving AI landscape.
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