Live Trading News
Shayne Heffernan

Apple and the Autonomous Vehicle

By Shayne Heffernan2 min read

Apple chief Tim Cook portrayed self-driving cars as an ideal match for the technology giant during an interview released Monday by the New York Times.

Talk of an autonomous vehicle bearing the Apple brand has long been among rumors swirling around the iPhone maker, which has remained tight-lipped about its plans for the market.

"An autonomous car is a robot and so there are a lots of things you can do with autonomy; we will see what Apple does," Cook said during a Sway podcast with Kara Swisher.

"We love to integrate hardware, software and services, and find the intersection points of those because we think that's where the magic occurs."

Cook hinted that an option could be for Apple to build an autonomous-driving technology platform used by auto makers.

He expressed admiration for electric car maker Tesla, which is among companies developing autonomous driving capabilities in vehicles.

"Tesla has done an unbelievable job of not only establishing the lead but keeping the lead for such a long period of time in the electric vehicle space," Cook said.

Japanese auto maker Nissan and South Korea-based Hyundai in February denied reports of potential alliances with Apple on self-driving cars.

Apple's Project Titan is devoted to electric autonomous vehicles and has been in the works for several years -- but details of the venture have been kept under wraps.

Apple first revealed its self-driving tech aspirations in 2016 and Cook has since then said he saw autonomous driving systems as a "core technology" for the future.

The interview with Cook touched on an array of hot topics, including clashes Apple is having with Facebook and Fortnite video game maker Epic about its tight control of the App Store.

US regulators are looking into whether Apple's control of the App Store, where it gets a commission on transactions, is an abuse of power since the shop is the sole venue for digital content for its mobile devices.

Apple has staunchly defended its control of the App Store as integral to protecting users from hackers, snooping, and other dangers.

"I think it's hard to argue that the App Store is not an economic miracle," Cook said.

"Apple has helped build an economy that's over a half a trillion dollars a year, and takes a very small sliver of that for the innovation that it unleashed and the expense of running the store."

Keep reading
AI slop

AI is the Neat Handwriting of the Illiterate

A model in the hands of someone who has read the filing and walked the plant is a clerk. The same model, speaking for someone who has done neither, is a disguise. On AI slop, phantom citations and factslop, why finish stopped being evidence of work, and the containment layer KXCO built so a machine cannot speak as the institution until a source is attached.

Shayne Heffernan19 min
worthship

Worthship: Do Not Conform to the Age

Worthship is the older English word for worship, and it means to ascribe worth. Bishop Robert Barron preached Romans 12 on 30 August. This essay follows the text into the prison letters, and puts two questions to a graph: do the four readings of that Sunday agree, and was Paul free or in chains when he wrote about despair?

Shayne Heffernan17 min
truth

The Truth in All Its Ugliness Must Survive

A majority vote does not determine the truth. Consensus is a mood, gossip is a sport, and a model will write the pretty version for free. Why the ugly number has to survive, why a record beats a dashboard, and what KXCO was built to keep standing when the room changes its mind.

Shayne Heffernan8 min
Shayne Heffernan

Don't Be the Best, Be the Only: Winning in an AI World

AI is repricing competence downward. What it cannot reproduce is a life. The case for remaining non-fungible, why friction still produces the best ideas, and what it means to build AI systems that keep the human intellect in them.

Shayne Heffernan18 min
Read Live Trading News on Telegram

Every story, signed and delivered.

Subscribe to the kxco channel and get the headline, the AI-written key takeaways, and the chain-anchor link the moment we publish. Audio versions and per-ticker subscriptions arrive in the next iteration.

Open @KnightsbridgeInsightsNo email required.