From a sell side note this morning: “Netflix will spend more on content this year ($17B) than TSMC will spend on capex ($15B). One makes Tiger King and Ozark. The other makes 50% of the world's computer chips.” Irrelevant, but still striking.
-
It would be so amazing to see some of these other curves bend and start to see costs go down and/or performance go up at noticeable rates for a lot of that non-digital stuff. We're so used to them getting more expensive, what a surprise that would be to almost everyone.
-
-
Water flows downhill. Much easier to make progress there. But I agree more should be invested in hard industries. That’s why Elons are scarce.
-
At this point, I might argue the reverse. With how many big different players are fighting over our eyeballs in the streaming wars, this space is likely to be pretty unprofitable and to incinerate capital.
- 11 more replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.