Cathie Wood's Ark Invest Predicts End Of Smartphone Duopoly: Meta, Rabbit R1, And Others Vie For Post-Phone Supremacy
An Ark Invest analyst suggests that the emergence of Meta Platforms Inc.'s Ray-Ban smart glasses and other AI consumer hardware could disrupt the smartphone duopoly, highlighting Meta's significant revenue growth and focus on smart glasses and generative AI as the next hardware/software paradigm