Good morning. I dislike writing about politics, and doubt there is much geopolitical alpha to be had in markets, which are very good at discounting political information. But between what we learned last week about Biden’s mental capacity, and what we learned about France’s political transformation yesterday, I may have to write something about the repercussions of politics for markets before long. Send me a good angle: robert.armstrong@ft.
Then there is the June 10 announcement of a partnership with OpenAI, which will support a new feature, “Apple Intelligence,” on iPhones and other devices. Linking Apple’s name to the company that produced ChatGPT, first of the really impressive general-use large language models, is a big deal. The announced capacities of Apple Intelligence, as distinct from what we know LLMs can do already, are not.
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