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Uber Burned $33 Billion To Replace Taxis...Everyone Lost
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The Tragic Decline Of Craigslist...What Happened?
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Figma's $68 Billion IPO: Why Millions Are Deleting Adobe
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Drowning In Middle ManagementIs There A Way Out?
Historically, FAANG companies have been some of the most engineeringforward companies in the world. In fact, back in the early 2000s, Larry Page actually fired all project managers at Google because he despised middle management. But since then, these companies have been taken over by middle management. Companies like Google and Facebook now have 810 layers of management between entrylevel managers and the CEO. Not to mention, this hierarchy carries over into individual contributor roles as well which now have several levels of hierarchy. The only companies that have avoided this trap are Apple and Nvidia, and they’re the only big tech companies that have been able to avoid layoffs. These companies are finally starting to realize this friction though and are eliminating entire tiers of management. This video explains how big tech got overtaken by middle management and the future of leadership at big tech.
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Schools Have Had It With Google
Schools have been ditching Google over the past few years. This shift away is especially apparent in Google Classroom but it can also be observed within the Office, email, and Chromebook markets as well. Instead, schools are opting for offerings from Microsoft and sometimes even Apple combined with Canvas, Schoology, or Blackboard. At first, this shift away may be confusing. After all, has the cheapest and most accessible offerings. In fact, this is why they became so popular in the educational system in the first place. But, as schools have become more dependent on technology, they have been more willing to expand their budgets to purchase better tech. Nowadays, technology is no longer an addition to the physical classroom. Instead, virtual classrooms have become front and center with all assignments, quizzes, and tests taking place online. So, schools are becoming more open to the idea of investing in better software solutions and tech. This video explains the evolution of tech and schools and why schools are ditching Google.
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Ads Are Ruining Everything
Ever since the turn of the century, we have seen a massive rise in freemium services. For the average user, these services are completely free like Google, YouTube, Facebook, Instagram, etc. Instead, these services make money through alternative modes of monetization such as running ads, collecting data, or even offering a paid premium tier. This model has been extremely successful at growing massive platforms with not just millions of users but billions of users. However, a lot of these platforms are starting to hit a breaking point at which they have reached market saturation. As such, they’re shifting their focus from user growth to user monetization. This has unfortunately led to these platforms slowly degrading in quality as they’ve been pummeled with ads, data collection, and other monetization efforts. This video explains the history of freemium services and the breaking point that the industry is currently undergoing.
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Whatever Happened To Sony TVs?
Sony is one of the most iconic electronics makers in the world. From the Sony Walkman and TVs to cameras and the PlayStation, Sony is a dominant player in a wide array of sectors. One sector in which they’re not doing so well though is TVs. For the longest time, Sony was the most dominant TV maker in the world. In 2006, they lost this title to Samsung, and it’s only been downhill for Sony ever since. In fact, Samsung has now held that title for nearly 20 years and Sony has fallen all the way to 5th place in terms of market share. Currently, they only control a mere 5.7% of the market from what used to be 15% back in 2005. This video explores the various reasons why Sony lost their lead within the TV market and if the electronics giant will ever return to their former glory.
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Why Elon's Super App Is Destined To Fail
Ever since Tencent was able to build QQ into a ubiquitous super app across China, big tech companies have been dreaming about the day that they could own such a super app that encompasses all aspects of people’s lives. The latest person to jump onto this bandwagon is Elon who wants to turn X into a super app. But, the harder they try, the further they get from actually creating a super app because Americans simply don’t want a super app. Americans strongly feel that all of these big tech companies already have too much control over online lives. The last thing that they want to willingly support is yet another Google or Meta service. However, it seems that companies aren’t really willing to accept this sentiment as they keep trying their best to create said super app. This video explains the top reasons why a super app will never work in America and why X’s gamble at creating a super app won't end any differently.
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Walmart Ditched Groceries For Ads...Now It's Priced Like Nvidia
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TikTok's Brilliant Plan To Avoid Getting Banned
By now, you’ve probably heard about all of the developments against TikTok and the United States getting closer and closer to banning TikTok altogether. But, TikTok of course has a pretty sneaky plan up their sleeves to avoid this fate. In fact, they’ve been building up leverage against the US for 3 years at this point and the case for TikTok is just getting stronger by the day. For starters, the existence of TikTok is much more beneficial for the US than China. The reason is that TikTok is banned in China, not to mention, most of Bytedance’s revenue comes from China. TikTok is actually losing Bytedance money, so Bytedance is subsidizing the cost of running the platform mostly to the benefit of America. Aside from this, TikTok has been scoring some strategic deals with American companies like Oracle, Google, and Microsoft who would all be able to vouch in TikTok’s favor. But, most importantly, TikTok has been hiring an insane number of Americans at salaries that are even larger than FAANG. This way, they can make an argument that they’re supporting tens of thousands of super highpaying jobs. This video explains the case for TikTok and Bytedance’s sneaky plan to keep TikTok around.
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