Mises: AI Will Run Out Of Money, Then The Crash Comes

When Apple introduced Siri (a personal assistant) in October 2011, the world got its first taste of AI. Since then, Siri has improved considerably, and now Apple, after spending billions over the years, is about to introduce Apple Intelligence. Who cares? The top uses for Siri are checking the weather and playing music, while 85% of users prefer to type search queries. CNN Business says that “Apple is wedging AI into its phones like a new U2 album no one asked for.” At what pric