Memory prices have doubled, Macs and iPads have gone up, and iPhones are expected to follow. Ed Zitron – who writes the Where's Your Ed At newsletter, hosts the Better Offline podcast, and has been described by Politico as the AI boom's most "acerbic gadfly" – has spent years arguing the buildout driving those costs will never pay for itself. We asked him what happens to Apple if he's right. You've been calling AI a bubble since before it was fashionable.
Not completely wrong though, Apple was working on a car for ten years but ultimately canned that project (ironically because of AI).
https://en.wikipedia.org/wiki/Apple_car_project
They work on many projects that never release, he was very wrong about the car and tv releasing.