Doug ClintonThe Long and Short of Investing with AISimple, Effective Hedge Funds Arthur Jones was a sociologist who studied at the Marxist Workers School in Berlin and later became a writer for Fortune magazine. At the age of 48, Jones created the world’s first hedge fund. It’s often…7-Minute Read Artificial Intelligence , MarketsMike OlsonThe Rising Tide of Efficiency: Tech Companies Don’t Sell Products, They Sell TimeEfficiency is time, and time is the one true currency. Innovation in pursuit of efficiency is the most powerful underlying force in driving persistent growth. Entrepreneur & author Jim Rohn said that “time is more valuable than money, you can…3-Minute Read Artificial Intelligence , Augmented Reality , Frontier Tech , Future of Work , Gaming , RoboticsGene MunsterBattery 101: What’s Next in Batteries?The bottom line: While tech followers await in anticipation of the next battery tech breakthrough, it’s likely that the rate of improvement will prove to be incremental and continuous. We will still refer to the batteries in EVs as lithium-ion…6-Minute Read Redwood Materials , Tesla Companies of Note Gene Munster, Brian BakerAs Apple’s Focus on AI Intensifies, Margins Could Be PressuredThe news of Apple launching its own model and talking with Google and OpenAI to license a foundation model speaks to the degree that the company's growth North Star has changed over the past month. First, it was Project Titan getting canceled, now it’s considering doing something rare at Apple, license another company's tech stack. I believe Apple now gets it. AGI has the potential to have a profound impact on their business, and they need to add AI to the company's core competency of hardware, software, and services. To get there, I expect more investment, and a slight decline in margins in the near-term, and expanding margins long-term.Read More Apple, GoogleMike OlsonGenAI and the Future of Content We may be approaching the day when a $200M Pixar-quality movie, which typically takes four years to make, will be created in six months for $20K (aka, 0.01% of the budget and less than 10% of the time.) I…12-Minute Read Artificial IntelligenceGene MunsterDeepwater Frontier Tech Survey 2024Deepwater’s first annual Frontier Tech Survey measures the American public’s viewpoint on emerging technologies, including AI, Electrification & Automation, the Creator Economy, and Health-Tech. Key Takeaways: AI – General usage and awareness remains low; opinions are mixed when it comes…1-Minute Read Apple, Artificial Intelligence , Augmented Reality , Autonomous Vehicles , Frontier Tech , Google , Health , Meta , Microsoft , Netflix , Neurable , Neurotech , Nvidia , Redwood Materials , Spatial Computing , Tech Addiction , Tesla , TikTok , Virtual Reality , WearablesAndrew Murphy48 Hours With Vision Pro: Our Thesis on Spatial ComputingGo deeper: For even more on Vision Pro, here’s my discussion with Gene on YouTube. Disclaimer 0-Minute Read Apple, Spatial ComputingGene Munster, Brian BakerChina Clouds Shroud Apple’s ProgressApple's December quarter and guidance highlighted the impact China's macro slowdown had on Apple's business. That reality diluted investor optimism around the long-term progress the company is making when it comes to growing its active base, launching Vision Pro, and entering generative AI likely this spring. Read More AppleGene Munster, Brian BakerDevelopers Will Ensure Vision Pro Goes Beyond GamingIt's official, the world of spatial computing has begun with the launch of Vision Pro. The reviews have been consistent: groundbreaking tech with limited use cases. On launch day, the platform has over 600 apps available, already more than the 574 apps built over the past three years for Meta Quest. Importantly, Vision Pro's developer momentum is pointed in the right direction with about 60% of those apps outside of gaming, compared to about 30% on the Quest platform. Apple's goal is to motivate developers to ensure Vision Pro goes beyond gaming to make the device mainstream. Read More Apple, MetaGene Munster, Brian BakerTesla’s Dark Chapter Will Test Investor PatienceTesla's December results and outlook effectively pushed back the positive inflection point in the business by a year. Now it looks to be the second half of 2025 before revenue growth will accelerate. In the near-term, shares will likely drift lower in what will be a vacuum of good news. By mid-year, details of the next-gen platform will arrive and anticipation of new models should mark a positive turning point in TSLA shares. Bigger picture: as traditional auto retreats from EVs, Tesla remains in attack mode. Read More TeslaLoad More Go Deeper Philosophy Learn how we think. From time to time, we find it helpful to articulate our investment philosophies in writing. Read The Newsletter Our work sent directly to your inbox. Subscribe to our newsletter for a regular summary of our work, along with links to stuff we’re reading. Subscribe Deepwater TV Insights, interviews, and debates on topics we find relevant to growth investing. Watch