One of the themes of this blog is that Apple succeeds in spite of their dedication to secrecy, not because of it. The benefits provided by splashy announcements of “secret” new devices like iPhones are more than outweighed by the costs of preventing brilliant, creative people from sharing and vetting their ideas with the broader community. Well AI is causing a crack in the wall. The AI community, including its academic component, is so commited to openness and transparency that Apple is having a hard time recruiting top people. Today’s Wall Street Journal reported that Apple is considering a more open policy for AI research. I see this as a big plus for Apple, not a risk.
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Bradford Cornell is an emeritus Professor of Financial Economics at the Anderson School of Management at UCLA. Prof. Cornell has taught courses on Applied Corporate Finance, Investment Banking, and Corporate Valuation. He is currently developing a new course on Climate Change, Energy and Finance. Professor Cornell has published more than 125 articles and four books on a wide variety of topics in applied finance. Professor Cornell is also a managing director at BRG where he heads the practice on Climate Change, Energy and Finance. In addition, he is a senior advisor to the Cornell Capital Group and to Rayliant Global…
Bradford Cornell is an emeritus Professor of Financial Economics at the Anderson School of Management at UCLA. Prof. Cornell has taught courses on Applied Corporate Finance, Investment Banking, and Corporate Valuation. He is currently developing a new course on Climate Change, Energy and Finance. Professor Cornell has published more than 125 articles and four books on a wide variety of topics in applied finance. Professor Cornell is also a managing director at BRG where he heads the practice on Climate Change, Energy and Finance. In addition, he is a senior advisor to the Cornell Capital Group and to Rayliant Global…
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