Locator: 49762CRAMER.
AI: after being very, very negative -- or seeming to be very, very negative, last week -- Jim Cramer seems to be completely different this morning. Whoo-hoo!
Chatbots: by market share, link here. Top six (DeekSeek is number 7 by market share):
- ChatGPT: 61%
- Google Gemini: 15%
- Microsoft Copilot ("clippy"): 13%
- Perplexity: 6%
- Claude: 5%
- Grok: <1%
The big three: according to Jim Cramer -- Gemini, OpenAI, Anthropic --> Google, ChatGPT, Claude.
- Claude (Anthropic): software engineers; for writing code;
- ChatGPT: conversational; first mover; Grok has better format; no idea which is better but ChatGPT being first mover -- means Grok has a lot of work to do; being associated with Elon Musk doesn't help; best feature: looking for "real-time" responses (that's important; ChatGPT does not do well with breaking news;
- Gemini: ubiquitous; better format than ChatGPT but not yet conversational; no back-and-forth, as far as I know.
Chatbots: biggest question -- how does Apple shake out?
Chatbots: this has to catch your attention --
- Grok, within the universe of x should be doing a whole lot better; do folks not trust Elon Musk?
- Microsoft and Google: amazing how much they lag considering how "big" their audience is;
- just shows how important "first mover" is (ChatGPT).
- do folks simply not trust Microsoft?
- Google Gemini: just feels like "search" but so much better; but not conversational
- ChatGPT: seems most human-like of the chatbots of which I follow
- Grok: my next few AI prompts will go to Grok to see how Grok does with literature; but right now, with <1% market share, Elon Musk is spending a lot of money for very little return (I doubt it bothers him)
- adult sites: OpenAI -- Sam Altman -- has already opened that door.
Reddit: it's too bad Reddit is too amateurish for the most part.
Facebook: too limited but incredibly addictive. If somehow ChatGPT can adopt the best part of "facebook" into its format -- what does that mean? Photos. More personal. ChatGPT's problem: doesn't track individuals.
Apple: Apple is watching closely. I think folks will be surprised. Apple's approach is completely different from the others. A four-letter word: EDGE. Apple knows me very, very well but won't share my "personality" with anyone else -- but will be able to interweave my story / my life / my finances / my buying habits into its chatbot.
Amazon: next to Apple, Amazon probably knows me better than any of the others being discussed -- but it's pretty much all "retail." Apple has a much more holistic picture of me as a human being. (And if Apple doesn't, the potential is there.) Again, the four-letter word: EDGE. By the way, I finally get the "EDGE" concept. I'll post a graphic later. The graphic is the "a-ha" moment Tim Cook had!
Nvidia: interestingly enough, he agrees 1000%. This is incredibly timing on Cramer's part -- again. First this: one might spend some time at this link. When I posted it, I said I didn't care if the link was lost. I've changed my mind after Cramer's comments. I will now post the entire note at this link.
Platforms: chips will still get a lot attention, and CEOs will talk about "chips" all the time, but "chips" are quickly become "code" for "platforms -- at Apple and Nvidia. And just like chips -- chips are not created equally -- nor does the word "platform" mean the same thing across the AI / tech universe. Nvidia "platform" is completely different than the Apple "platform." I will continue to use the words interchangeably, but will try to note the difference when it's important.
Costco: Jim Cramer is still very, very, very bullish on Costco. Upset that analysts are negative. If new to investing and you initiated a position in COST earlier this year, it's not been a good year. Now? Maybe. Ticker:
Housing: now priced lower than housing in 2019. 30 million homes with mortgage rates less than 4% --they won't put their houses on the market -- they've got too great a deal/rate.
Meanwhile, Micron:
