Logically Answered

Why Can't All Prices Just Work Like TVs?

TVs are one of those rare products in the world where prices only go down, and I’m not talking about the prices of used TVs or TVs with old technologies. Rather, the newest TVs with flagship technology get cheaper and cheaper every single year, not in a marginal manner either. TV prices have been consistently falling since the 1950s, and this trend has only accelerated throughout the 2000s with TV prices consistently falling 15% every single year. Even in the rare years in which TV prices increased, inflation was usually even higher meaning that the real prices of TVs were still going down. You could explain this phenomenon with the economics of scale, TV technology becoming cheaper, more competition, and so on. But, I think the real culprit behind this decline is simply consumer’s extreme clarity when it comes to buying TVs. This video explains why TV prices keep falling and why consumers are smarter than ever when it comes to buying TVs.

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If You Think That OG Facebook Is Dead, Think Again

If you’re younger than 30, you probably think that OG Facebook is completely dead. This is a completely natural assessment given that Facebook isn’t all that popular with younger generations. But, while Facebook isn’t that popular with youngsters, Facebook has very much maintained its relevance with the people who originally used it. It’s just that those people have since gotten a lot older. In fact, nearly half of all Facebook users are above the age of 35, but while this has largely reduced Facebook’s notoriety, it hasn’t reduced their profitability by any means. Facebook is not only more profitable than ever but it’s still the most profitable social media platform by far with annual revenue exceeding $70 billion. For perspective, YouTube pulls in less than half that at $30 billion. More than generating a bunch of revenue, Facebook has become sort of a super social media app for the people who still use it as it supports everything from reels and regular posts to messaging and videos. This video explains how Facebook is still extremely economical and powerful and what that might mean about the longevity of social media platforms.

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Hyundai Is Putting Tesla To Shame...What Happened?

Over the years, Hyundai and Kia have often been the laughingstock of the automotive community. While they were cheap, that’s pretty much the only thing they had going for them. They weren't all that reliable, felt extremely cheap, and there was a massive stigma against them. If you were looking for a value car, it almost always made sense to go with the Japanese automakers. But, more recently, Hyundai and Kia have been outcompeting their class thanks to the rise of electric vehicles. Japanese automakers have largely taken it slow with EVs, giving Hyundai and Kia the opportunity to establish themselves as the goto Asian EV maker. This video explains the recent rise of Hyundai and Kia and how these Korean automakers were able to overcome the odds within the EV market.

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Why Don't Millionaires Feel Like "Millionaires" Anymore?

Recently, millionaires just have not felt like millionaires. Many have net worths of $1, 2, or 3 million but they would classify themselves as falling squarely into the middle class. It’s easy to describe these individuals as spoiled brats who don’t realize how good they have it but there is some truth to what they’re feeling especially in cities like San Francisco and New York City. Originally, when the term millionaire was coined, the people that the term referred to was the richest people in the world like Rockefeller, Carnegie, and JP Morgan. But today, there are many nonexecutive roles that pay a million dollars every single year most thanks to tech companies who have minted millions of millionaires. In fact, in San Francisco, a financially comfortable net worth is $1.7 million. To be considered wealthy, a net worth of $4.7 million is required so the value of being a millionaire has definitely fallen off a cliff. This video explains the history of millionaires and why millionaires don’t feel like millionaires anymore.

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Whatever Happened To BeReal?

Remember BeReal? Back in 2022, BeReal took the world by storm as the antisocial media platform. Instead of encouraging filters and edited photos, BeReal encouraged users to take offthecuff pictures of their lives. While this was a novel concept though, the reality was that not many people actually cared about sharing their normal lives. It wasn’t until some TikTokers figured out how to make it into a viral trend that BeReal really started to gain some momentum. But, as soon as that TikTok trend started fading away, so did BeReal. In fact, interest in BeReal is down 82% from its peak and it doesn’t look like interest will be recovering anytime soon. To make things worse, BeReal currently has no way to monetize users at all, meaning that they’re completely dependent on VC funding. This video explains the rise and fall of BeReal and why the antisocial media platform is having a hard time sticking around.

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Microsoft Gave Up On Social Media. But They're The Real Winners.

When you think of the biggest social media companies in the world, you probably think of YouTube, Instagram, TikTok, WhatsApp, and Facebook. This isn’t surprising given that these are the most ubiquitous platforms in the world boasting billions of users each, but what if I told you that there was a social media platform that was far more powerful than any of these. What is this secret social media you ask? Well, it’s of course LinkedIn. LinkedIn no doubt has a level of cringe and toxicity due to everyone being hypercompetitive and looking out for themselves, but LinkedIn is also an extremely valuable group of users given that everyone is generally well accomplished and well off. This makes for a highly monetizable user base that generates just under $15 billion every single year. Considering this, it’s no wonder why Microsoft decided to purchase LinkedIn for $26.2 billion in 2016. This video explains the rise of LinkedIn and why LinkedIn may very well be the most powerful social media platform.

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The $595 Billion Company Behind Ozempic (Europe’s Largest)

Have you ever heard of a company called Novo Nordisk? Probably not, but you are likely familiar with one of their recent viral pharmaceutical releases: Ozempic. Novo Nordisk was already one of the biggest pharmaceutical companies in the world dominating the insulin market. And the launch of Ozempic simply catapulted them to the top of the pharmaceutical industry. In fact, Novo Nordisk is now the largest company in Europe by far with a market cap exceeding $500 billion. Ironically, Novo Nordisk’s market cap is higher than the entire GDP of their home country: Denmark. But it’s not all sunshine and rainbows at Novo Nordisk. Over the decades, they’ve regularly employed aggressive pricing and marketing strategies to maximize profits despite fines and regulatory action. This video tells the story of the dark side of the company behind Ozempic.

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How To Make $300,000,000,000 By Getting The CCP Drunk

Do you know what the most valuable company in China is? Maybe Tencent? Maybe Alibaba? Well, the most valuable company in China is actually often a liquor company called Kweichow Moutai. Kweichow Moutai markets that they’re a traditional Chinese drink that has origins that date as far back as 2000 years. But, the reality is that much of Kweichow’s success has to do with super smart marketing and positioning similar to CocaCola. You see, Moutai is actually just a random liquor that was created in the city of Moutai and much of its unique taste is just a byproduct of the area’s climate and environment. So, Moutai wasn’t some sort of miracle wine that was actively modified to taste a certain way. But, despite these humble origins, Moutai’s association with CCP leadership, Chinese billionaires, and even foreign leaders has cemented them as the liquor for the rich. Today, Moutai sells for ridiculous amounts, oftentimes, more expensive than blood itself. This video explains the history of Kweichow Moutai and how it became the largest company in China.

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Google Just Lost the AI Race... What Happened?

Over the years, Google has become iconic for their “out there” projects that aim to revolutionize the world. This includes failures from Google Glass to promising projects like Waymo. But, more recently, it appears that Google is strongly pulling back on their moonshot factory also known as the Google X Lab. Google has also largely dropped the ball on AI. Despite having a gigantic lead in AI in the 2010s, they’ve quickly fallen behindeven botching the launch of Google Bard and Gemini. This has made many feel, that Google has been losing its soul. The attribute that made Google so unique was their willingness to try ambitious projects and give it their all. This is what led to the creation of Google classics like Gmail, Chrome, and Google Maps. But, it appears that Google is now more focused on pleasing shareholders than truly innovating. This video explains the devolution of Google’s moonshot culture and the future of Google.

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The Unstoppable Rise Of Hisense (The Antithesis To TCL)

Over the past 10 years, TCL has taken the world by storm with their massive 100inch+ TVs at mindbendingly low prices. But, there’s another player that has also eaten up a bunch of TV market share from the shadows and that’s none other than Hisense. Hisense and TCL are both Chinese TV giants but the road to the top was completely different for either company. Hisense has been in the TV industry since the early 1970s. In fact, they were forced to make TVs and learn Western manufacturing methods by the Chinese government. This naturally gave them a headstart within the Chinese market but it took them decades to actually be competitive within western markets. This video explains Hisense’s long journey to the top and whether the shadow giant can eventually displace TCL as the new TV king.

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