1/ Deep learning to create $30T of market value by 2037
• Automated code writing
• AI that "understands" language (GPT-3)
• Big Tech spends billions on AI chips, everyone benefits
2/ Data centres will be totally transformed
• Intel -- powers 90% of data centres -- has fallen behind
• Next-gen data centres/PCs will run on ARM standard
• GPUs (workhorse for AI) hits run rate of $41B in 2030
3/ Virtual world revenue hits $390B by 2025 (>2x today)
• Video game monetization shifting to in-app purchases
• Games are 3rd places (people spend 90m a day gaming in 2025)
• AR market (Snap, FB, Apple) set to explode
• Cost of VR (visual immersion) plummeting
1/ Marcus Bullock went to prison in the mid-90s at the age of 15.
Today, he's the CEO of Flikshop -- the "Instagram for the Incarcerated", an alternative to the outrageously expensive phone call system.
This is a truly inspirational founder story 👇👇
2/ In 1996, Bullock was living in Maryland. One night, he and a friend carried out an armed carjacking on a man sitting idle in a shopping mall parking lot.
It was the biggest mistake of this life.
3/ Several years prior to hit actions, there was the famed 1989 Central Park "Jogger Case", in which 5 minority youths were (falsely) accused of raping a jogger.
In the aftermath, nearly every state passed new laws that made it easier for courts to try youth as adults.
Its ~1% of sales and prob not worth the regulatory scrutiny.
Thread 👇👇
1/ The first white label product was the Amazon Basics battery in 2009. Within a few years, it had ⅓ of online battery sales, outselling Duracell and Energizer.
2/ Today, Amazon has 400+ brands under “Our Brands” (some are private label and some are 3rd party exclusives).
By one estimate, these brands collectively bring in ~$1-2B of 2019 revenue (drop in the bucket for total: $280B)
Here are some:
3/ Of these 400+ brands, the top 4 account for 72% of sales (all with "Amazon" in name):