Logically Answered

How Jensen Huang Became The #1 CEO In The World

Jensen Huang has risen to be the #1 CEO in the world thanks to Nvidia’s massive runup and their insane contributions to the world of AI. But, Jensen’s journey here was by no means easy. Throughout Jensen’s journey, Nvidia was constantly just 1 month away from bankruptcy regularly. In fact, this became an unofficial motto within the company “We’re only one month away from going out of business.” Jensen, however, persisted through all of these hardships and even diluted himself down to just a 3% stake to keep Nvidia alive. But, more than just keep Nvidia alive, Jensen has made sure that Nvidia is always evolving and isn’t just stuck to any one industry whether that’s gaming, crypto mining, or data centers. This willingness to constantly evolve and innovate is what has driven Nvidia to be one of the largest companies in the world. This video explains the humble rise of Jensen Huang and how he became the #1 CEO in the world.

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Losing $1 Trillion: When 10 Years Of Complacency Catches Up

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When Tech Companies Are Caught Lying

Everyone lies. When it’s personally convenient to obscure the truth, it’s only natural. But, when an average person lies, it might affect a few people. When big companies lie, the consequences affect millions if not billions. Sometimes, these lies are small such as Apple allegedly inflating Apple Watch calorie metrics. Others, however, can be a lot more consequential like Yahoo failing to disclose that they had a massive data breach that affected a billion people. And let’s not forget about the FTX fiasco last year that cost everyday investors billions. Fortunately, most corporate lies aren’t quite as consequential but they’re not exactly great either. This video compiles a list of the most notable examples in the recent history of big tech companies being caught in their lies and the longterm effects of their lack of honesty.

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Wikipedia Donations Exposed. The Truth.

I’m sure you’ve all seen the Wikipedia popup asking for donations. At first glance, the request seems like a humble ask to keep the communityoriented website up and running. But, many would argue that this popup is not only extremely misleading but highly unethical. Even Wikipedia’s own exoutreach officer says that he is ashamed of Wikipedia’s fundraising tactics. Why you ask? Well, the simple truth is that Wikipedia itself is not actually all that dependent on donations. In fact, according to Wikipedia’s own founder, Jimmy Wales, Wikipedia can be run for just $5,000 per month. He made that statement a while ago, but even accounting for inflation and more traffic, the cost to keep up Wikipedia is extremely minimal. As such, the vast majority of your donations actually end up going to efforts outside Wikipedia that you’re probably not even familiar with like grants and other Wiki products. This video explains the controversy surrounding Wikipedia donations and why their fundraising effort may not be as wholesome as think.

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Instagram Is Putting YouTube To Shame

Instagram has been pulling back from Reels big time. In fact, earlier this year, Meta stopped handing out Reels bonuses altogether and they’ve been pushing Reels less and less. At first, this may seem like a retreat from Meta’s side. They weren’t able to compete against TikTok and YouTube shorts and now they’re pulling back significantly, but that isn’t quite what happened. What really happened is that Meta actually made a clever business decision that YouTube hasn’t been able to make themselves. Zuckerberg noticed that promoting Reels over regular Instagram content was costing them as much as $500 million per quarter, so he’s taken a big step back when it comes to shortform content. This has largely preserved the profitability of Instagram which is already the 2nd most profitable social media platform in the world only beaten out by Facebook. In fact, Instagram pulls in almost double the revenue of YouTube today at over $50 billion per year. This video explains why Instagram is so profitable and why stepping back from Reels was actually the right decision.

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Whatever Happened To uTorrent?

Do you remember uTorrent? UTorrent was by far the most popular BitTorrent in the world in the late 2000s and early 2010s, and they still is the most popular in terms of market share. However, the market itself has largely shrunk over the years due to the rise of affordable models to stream movies, music, and games. In fact, the current interest in uTorrent is only 3% of where it used to be at its peak, and when uTorrent temporarily went down earlier this year, rumors started flying around that the service was down permanently. Fortunately for uTorrent, this wasn’t the case but things aren’t looking all that much better. UTorrent has been forced to put in ads and introduce paid tiers for the service but this is still very much an uphill battle. This video discusses the history of uTorrent and the rise, fall, and legacy of the most popular BitTorrent in history.

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ChatGPT's Financial Crisis

Over the past several months, ChatGPT has taken the world by storm growing to a hundred million users within a matter of weeks, and considering the implications, it’s no wonder why. ChatGPT essentially puts the power of generative AI in the hands of everyday people for free. But, while ChatGPT is no doubt a revolutionary invention, its finances are a lot more questionable. The bottom line is that creating, running, and scaling AI is just extremely expensive. We’ve become accustomed to startups needing hundreds of millions or even billions to get going but OpenAI will need much more like hundreds of billions. The reasoning is not rocket science. AI engineers often cost over a million dollars each not to mention all of the supercomputers and infrastructure needed to run an operation like ChatGPT. Now of course, if OpenAI is able to make it through the funding crunch and make it to the other side, they could make trillions but the path there is by no means easy. This video explains the complicated financial situation of OpenAI and explores if ChatGPT can actually afford to survive.

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From Bankruptcy To Billions: The Rebirth Of Nokia

Nokia was once the most dominant mobile phone maker in the world. Every year, they generated tens of billions in revenue and they were worth hundreds of billions. But, with the release of the iPhone, Nokia disappeared almost overnightor at least, that’s how it may seem. In reality, Nokia was actually doing quite well even in the smartphone industry controlling as much as 33% of the industry. It wasn’t until a CEO named Stephen Elop came into the picture that Nokia fell off the map. Elop insisted on Nokia using Windows Mobile OS instead of Android and he eventually sold Nokia’s phone division to Microsoft when things didn’t work out, leaving Nokia with nothing. It seemed like this was the end of Nokia, but some longterm Nokia employees were able to shift the company’s focus towards the 5G infrastructure market, giving Nokia a 2nd life. This video dives into the rebirth of Nokia and how one CEO destroyed the company while another saved it from bankruptcy.

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Zillow Tried To Screw Homebuyers...Got Screwed Themselves

I think we’re all too familiar with just how expensive housing has gotten over the past few years. A lot of the price increases can be explained by lowinterest rates and inflation, but a good amount of it also has to do with corporate meddling with the real estate market. At this point, it’s no secret that private equity firms and large investment funds have been buying up singlefamily homes to flip them or rent them out. This has made it extremely difficult for the average person to keep up with the spending power and purchasing power of these massive corporations. One corporation that also entered this game was Zillow. After seeing private equity firms pull it off and entire startups being built around the concept, Zillow decided to enter the houseflipping business. The stock market was initially skeptical if Zillow could pull it off, but they gave Zillow the benefit of the doubt. In the end, it turned out that Zillow could not pull it off. They would end up burning nearly a billion dollars and shutting down the business altogether. This video explains the story of how Zillow tried to enter the singlefamily flipping business only to get burned and never return.

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When Hype Meets Reality: The Dark Side Of Kickstarter

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