Shiba Inu Exec Warns Bearish Outcome As Apple Exits X Amid Elon Musk’s Heat

Coingapestaff
June 12, 2024
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Shiba Inu Exec Warns Bearish Outcome As Apple Exits X Amid Elon Musk's Heat

Highlights

  • Apple emptied its X account in response to Elon Musk's criticism.
  • Musk slammed the tech company for plans of integrating OpenAI into its software.
  • The billionaire raised concerns regarding user privacy and threatened to ban Apple devices in his offices.

In a surprising move, Apple has deleted all its posts on X (formerly Twitter) and now follows no accounts on the platform. This action comes amidst heightened tensions between Apple and Elon Musk, the owner of X. Musk had recently criticized Apple for integrating OpenAI technology into its devices.

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Shiba Inu Exec Offers Take On Apple Exiting X

Lucie, the marketing lead for Shiba Inu (SHIB), took to X to express her concerns. She deems this move as an extremely bearish one. “Apple left X. Tim Cook, this is a very bearish move, and I’m saying this as someone who owns everything Apple,” she wrote.

Hence, her statement reflects broader market apprehensions about the tech giant’s decision. Moreover, the Shiba Inu exec also labeled the latest development as a “crazy move.” The friction began when Musk voiced his discontent over Apple’s incorporation of OpenAI’s technology into iPhones.

Earlier this week, Elon Musk stated, “If Apple were to embed OpenAI in the operating system, then Apple products would be banned in my companies, which is a security no-no.” This bold declaration hints at potential operational disruptions in Musk’s enterprises. These include SpaceX, Tesla, and X, where Apple devices are commonly used.

Musk’s concerns stem from Apple’s recent update to Siri. The tech giant announced plans to enhance Siri by integrating ChatGPT, developed by OpenAI. This update allows Siri to forward requests, including documents and photos, to ChatGPT for further processing, under a project called Apple Intelligence.

Moreover, Musk has been vocal about his mistrust of this integration. He criticized Apple’s capabilities, saying the company is “not smart enough” to develop its own AI. Additionally, he raised alarms about privacy issues, accusing Apple of being negligent with user data. “Apple has no clue what’s actually going on once they hand your data over to OpenAI. They’re selling you down the river,” said Musk.

In response to these privacy concerns, Musk suggested stringent security measures for his companies. He proposed that anyone entering his workplaces should leave their Apple devices in a Faraday cage to prevent potential security breaches. This drastic measure highlights Musk’s deep-seated apprehensions regarding the Apple-OpenAI collaboration.

Also Read: Elon Musk Drops the Lawsuit on OpenAI For Breach of Mission, What’s Next?

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Elon Musk Drops Lawsuit Against OpenAI

The ongoing feud between Musk and OpenAI has a complex history. Musk was an early supporter and co-founder of OpenAI but later distanced himself from the organization. Recently, Musk withdrew a lawsuit against OpenAI and its CEO Sam Altman. The suit accused the company of prioritizing profits over humanity.

Moreover, Musk alleged that OpenAI had deviated from its founding principles and had effectively become a subsidiary of Microsoft. OpenAI, however, denied Musk’s claims. The company argued that the Tesla CEO had previously endorsed their transition to a for-profit model and encouraged them to secure significant funding.

In addition, OpenAI maintained that there was no breach of the founding agreement or commitment to making their technology open-source, as Musk contended. This conflict has significant implications for the tech industry. Meanwhile, Apple’s departure from X could signal a shift in its social media strategy and its stance against Musk.

Also Read: AI News: Oracle, Microsoft Team Up with OpenAI for AI Expansion

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.