Big-spending AI giants face diminishing returns. Did Apple duck a bullet?
The tech industry is running into a problem many would have thought was unthinkable just a few years ago: They have used up most of the digital text available on the internet.
Philip Elmer-DeWitt has been covering Apple since 1983 — mostly for Time Magazine (28 years), later for Fortune (9 years), where he wrote a daily blog called Apple 2.0. [Read more.]