The Joseph Carlson Show They're All Making A Big Mistake
8 snips
Mar 17, 2026 A deep dive into Apple’s device-first AI strategy and its M5 chip ambitions. A debate over whether devices can undercut cloud giants and threaten social platforms. News on Intuit’s aggressive buybacks and halted exec sales. A look at Adobe’s cash flow versus slowing growth. Netflix’s pricey AI acquisition decoded. Critique of an SEC reporting change labeled a transparency risk.
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Apple's On Device AI Advantage
- Apple is betting on distributed on-device AI rather than massive centralized datacenters to capture consumer AI interactions.
- The M5 chip and mixture-of-experts models enable 30B-parameter inference on MacBook Pro in seconds, reducing cloud inference needs.
Personal Trade: Early Apple Investment And Exit
- Joseph recounts buying Apple as one of his first investments in 2017 and later selling at ~$200 believing most gains were realized.
- He built Apple to a $30–50k position and realized roughly $40k in gains before exiting.
Apple Uses Devices As A Distributed Data Center
- Apple leverages 2.5 billion active devices as a distributed compute platform to handle billions of daily AI queries locally.
- Licensing Google's Gemini for $1B/year covers edge cases while switching providers if better models appear.