Bloomberg Businessweek Apple Scraps Work on Mac-Connected Augmented Reality Glasses
Jan 31, 2025
Mark Gurman, Bloomberg News Chief Technology Correspondent, reveals Apple's surprising decision to cancel its augmented reality glasses project, a setback amid competitive pressures. Brian Steinwurtzel, CEO of GFP Real Estate, shares insights into an ambitious office-to-residential conversion in Manhattan, highlighting its architectural challenges. Sharon Marcil, CEO of Boston Consulting Group NA, reflects on her experiences at the World Economic Forum in Davos, discussing economic uncertainty and the evolving role of artificial intelligence in business.
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Apple and DeepSeek
- DeepSeek's success validates Apple's AI model but also exposes its shortcomings.
- Apple's resource richness contrasts with its failure to capitalize on AI, a major technological advancement.
Economic Data and Tariffs
- The December PCE data confirms slowing inflation and consumer spending.
- Tariffs and slowing disposable incomes might further impact consumer spending.
Impact of Tariffs
- President Trump's tariffs on major trading partners could significantly impact various goods.
- Details on exemptions and the duration of tariffs remain unclear.