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Why The EU Actually Hates Big Tech
If you follow the tech community, you’ve probably noticed that the only party that’s still invested in keeping big tech in line is the European Union. They’re constantly bombarding tech companies with regulation, fines, antitrust lawsuits, and basically anything else they can throw at them. Most recently, they forced Apple to switch to USB C. This has earned the EU a lot of praise for sticking up to big tech and looking out for the little guy, but as with most things, it turns out that the EU has some ulterior motives. It’s no secret that Europe has been largely left behind in the tech revolution. While the United States, India, and China race ahead competing at new leagues, Europe has nearly been demoted to secondworld status. The only tool the EU has to continue staying relevant within the tech world and prevent big tech from gaining too much power is regulation. This video explains why the EU actually keeps prosecuting big tech and what this means for the future of tech in Europe.
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Why Google Bard Is Flopping (Even Though It's Better)
Google Bard doesn’t stand a chance against ChatGPT even if it’s better. This isn’t because Bard is fundamentally worse or some sort of logical factor but actually because of brand optics and perception. You see, people’s views of Google, Facebook, and other big tech companies have fallen off a cliff over the past several years. From the days that people were rooting for these scrappy startups to succeed, people are now rooting for these tech monopolies to fall. Technically, Microsoft is very much involved with ChatGPT but people don’t seem to share the same resentment for Microsoft as they do the other big tech companies. The same thing could not be said 20 years ago though when Microsoft was one of the most controversial companies on the planet as they faced the potential of being split into 2 companies. The only way that Microsoft was able to work through this perception was to take a step back from consumer products, focus on the enterprise side, and give time for people to find a new villain. This video explains the shift in public perception regarding Google and why this will heavily stifle the potential of Google Bard.
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115M Downloads, No Business ModelHow BeReal Lost Everything
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WhatsApp Has Officially Given Up On Making Money
WhatsApp is one of the most used ubiquitous messaging platforms in the world with nearly 3 billion monthly active users, but did you know that despite this massive user count, WhatsApp doesn’t actually make all that much money? In fact, WhatsApp is only now crossing the billiondollar mark in terms of revenue. For perspective, Instagram and Facebook have similar user counts and they pull in $50 billion and $70 billion respectively. The main reason for this is that Meta simply has no straightforward way of monetizing WhatsApp. And given that its reputation has been shaky over the past couple of years regarding data intrusion and privacy concerns, Meta has preferred to play it safe when it comes to WhatsApp monetization. Instead of rolling out some sort of largescale monetization effort, Meta has decided to monetize a completely different WhatsApp user base: businesses. This has provided Meta with a decent amount of revenue but nothing groundbreaking. This video explains why Meta never monetized WhatsApp and why that may be a fine strategy over the long term.
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What Could Have Been5 Tech Giants That Lost It All
Oftentimes, it seems like corporate giants are too big to failthat nothing can ever knock them down. But, while that may be true at one point in time, it’s almost never true over the long term. In fact, the only thing that’s guaranteed is that every company someday eventually failsno matter how big. 5 companies that once seemed like this but eventually fell are Xerox, Sun Microsystems, Fairchild Semiconductor, AT&T Bell Labs, and Juniper Networks. Each of these companies not only dominated their respective fields but gave rise to new giants from Cisco and Intel to Apple and Microsoft. This video explains the stories of 5 of the most influential companies in history and their eventual demise.
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Ford's $100 Billion EV Disaster...What Happened?
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Why Does Everyone Suddenly Want To Pay?
Have you noticed that people are slowly moving away from free apps and services? Over the past 20 years, these were by far the most successful products out there from Instagram and WhatsApp to Google and YouTube, and it’s not surprising why. Given that these services offered a tremendous amount of value while being free to the end user meant that billions of people could give the service a try and eventually get addicted. But more recently, people have tended to shift towards paid services. For example, the number of people paying for YouTube premium is tens of millions. ProtonMail has also managed to garner tens of millions of users despite being paid for higher tiers. One of the main reasons for this is that people have realized that there is no such thing as a free service. If they’re not paying with cash, they’re paying with time and attention which is usually far more expensive. So, people have shifted towards buying back their time and attention using cash. This video explains the shift away from free services and why paying cash for services is far superior.
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TemuBalancing On The Brink Of Bankruptcy
Have you heard of Temu? They’ve only been around for 18 months at this point but they’ve risen to be one of the most popular apps and websites in the world. They primarily accomplished this by handing out tech and all sorts of other products for extremely low prices. How is this possible you ask? Well, they simply decided that it was ok to take a massive loss on each and every order to build up market share and make a name for themselves. They’re also backed by the massive Chinese giant that is Pinduoduo. Pinduoduo is also a relatively young company but they’ve exploded within the ecommerce market in China by gamifying the shopping experience. This video explains the story of Temu and how they were able to become one of the most popular ecommerce websites in the world within a matter of just 18 months.
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125M Paying Subscribers, 0 Real Users: YouTube's Biggest Flop
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Amazon's Unbearable Quality...
For quite some time now, most of Amazon has been filled up with a bunch of garbage. Usually, you’re paying markups of 8090% because most of the cost is just going toward convenience and logistics. If you buy directly from suppliers through platforms like Alibaba, you’re usually able to find the same products for a mere fraction of the price. For years, consumers put up with this quality control issue because it just didn’t make sense to shop through Alibaba given that you had to buy in bulk and all orders had to be directly negotiated. Temu, however, has completely changed the game when it comes to buying goods directly from manufacturers. They successfully eliminated all the middlemen along the journey leading to unbelievably low prices. This video explains how Temu has changed the game for dropshipping and Amazon FBA and how this will affect Amazon.
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