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Teaming Up with Steve Jobs: Lessons from the First iPhone and the AI Industry’s Risk of History Repeating Itself

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I built the first iPhone with Steve Jobs. The AI industry risks repeating a mistake

Data centers are booming across America, offering significant power and server space. However, this growth is jeopardized unless investments pivot towards AI applications that address real-world issues like healthcare, security, and waste management. While tech giants like Amazon and Nvidia continue to invest, the focus must shift from infrastructure spending to developing tools that deliver sustainable ROI. The upcoming AI era, projected to be worth $8 trillion, requires innovation in application layers to utilize existing infrastructure effectively. Historical precedents, like AWS and the App Store, demonstrate the potential of scalable solutions created for everyday needs. AI can revolutionize various sectors—optimizing waste management, enhancing healthcare, and improving energy efficiency—but this requires a commitment from builders and investors to develop impactful applications. By directing capital towards real-world AI solutions, we can ensure that data centers remain valuable assets, driving economic growth without resulting in excess.

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