Smartphone Industry Faces Competition from AI Companies

Laurene Powell Jobs interviewed OpenAI’s Sam Altman and designer Sir Jony Ive about their AI project, with Altman comparing the smartphone experience to the chaos of Times Square. As Apple and Google maintain their lucrative smartphone duopoly, challengers like OpenAI, Meta, and Amazon are developing alternatives such as AI devices and smart glasses. The smartphone market faces significant challenges, including rising chip prices and competition for semiconductor resources. Analysts predict a 6% decline in global smartphone shipments, highlighting the urgency for innovation in mobile technology.