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Show Notes
How Big Business Got So… Dumb…
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#business #finance #technology
Platforms and algorithms have changed dozens of the world's largest industries, oftentimes basically overnight.
The way we listen to music, consume cinema, buy useless junk, spread conspiracy theories, find a partner or just order a kebab have all been redefined by just a small handful of companies.
Of the top ten most valuable companies in the world SEVEN of them are still relatively new businesses that have dIsRuPted major industries.
The message is obvious, if you can build a company that changes up the way that people do things with technology, you could become one of the richest people in history…
The best part is!!... YOU DON’T EVEN NEED TO CHANGE IT FOR THE BETTER…
This has created a problem in the Silicon Valley scene, where these innovators are trying to disrupt industries that… really shouldn’t be disrupted.
Banking, medical care, mental health, real estate, transport and even good old communication are all imperfect industries… but sometimes the solution to problems are slow careful iterative improvements… NOT slapping an algorithm on top of it…
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Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.
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---------- Keywords: private equity, business analysis, financial news, housing bubble, financial independence, financial education, debt crisis
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