Sooner or later, everyone will realize Apple isn't building another ChatGPT - they don't need to. They're working on the world's largest distributed inference network. With hundreds of millions of Apple Silicon devices, they are the only ones who can afford to run AI features at zero marginal cost to themselves - using the user's electricity and hardware. While Google and Microsoft burn billions on data centers, Apple is simply offloading the compute to our pockets. In the long run, when AI becomes a commodity, the winner will be whoever has the lowest transaction cost - and in that game, Apple simply has no competition