Good morning,
Sometimes, changing times demand changes in leadership. CEOs who excelled over the last decade may find they are not cut out for the AI era, which will require different skillsets, new org structures, and lots of nimbleness for incumbents that hope to thrive or even survive.
Top tech investor Vinod Khosla recently stated on Jack Altman’s Uncapped podcast that we are witnessing an unprecedented era of disruption—one that could take down a significant number of the world’s largest companies.
“One of my predictions is, the 2030s will see a faster rate of demise of Fortune 500 companies than we’ve ever seen,” Khosla said.
Which leaders will survive the disruption, and which should pass the baton? This week, Fortune’s Geoff Colvin dug into one of the biggest question marks, Apple’s Tim Cook. Since taking the reins from Steve Jobs in 2011, Cook has grown Apple’s revenue by more than $280 billion a year, and has increased its market cap more than 10x, to $3.2 trillion.
But Apple has been criticized for its sluggishness in AI, and its top AI executive was recently poached by Meta. Investors are getting restless: Its once-unbeatable stock is down more than 7% this year, while the Nasdaq is up 13%.
Is Tim Cooked? As Geoff writes, “In recent months, and especially in recent days, the impossible has become at least conceivable.”
Read Geoff’s story to learn more about the future of Apple’s leadership, and what could be in store.
