Earn Your Leisure

In this insightful clip from Market Mondays, Rashad Bilal, Ian Dunlap, and Troy Millings break down one of the most disruptive tech deals of 2024—OpenAI’s $6.5 billion purchase of Johnny Ive’s design company IO. This landmark acquisition signals a major shift in the race for consumer AI devices and puts the future of Apple, the iPhone, and the wider tech ecosystem in the spotlight.The hosts discuss what this means for the tech giants, questioning if the Apple-led era of hardware innovation is waning. Ian Dunlap argues that the “FANG” days are over, and highlights how OpenAI’s move—combining Johnny Ive’s legendary Apple design pedigree with cutting-edge AI—is set to challenge not just Apple, but also the likes of Amazon and Google. Is this the birth of a new artificial intelligence-powered product that could redefine how we interact with technology and make the iPhone obsolete?Troy Millings runs through Johnny Ive’s historic impact on Apple, from creating the iMac, iPod, iPhone, iPad and Apple Watch, to reshap