Amazon, Apple, Google and Facebook will all go away within 50 years, says author
marketwatch.com
marketwatch.com
Apple has piles of cash, but I think their business is kind of fragile. The valuation is based on being able to create products which sell for very high premium. I don't see them going away, but they might dropped from their top position.
For the Facebook and Google I believe the major risk is some backslash from legislation/privacy. Something like this would not wipe them out, but it might seriously damage the business. For example with Google there could be pressure to separate the search and advertising or to allow other companies to also offer ads on the search platform.
You can already find right wing sites advocating for it.
Facebook -- Facebook is already seen as a place for old people. Once your grandmother is on FB, teens don't want to use it. A whole generation of people are growing up using everything but FB.
Apple -I don't see it dying but I do see it shrinking.
Amazon- because of network affects, the cost of building warehouses, etc. It's will be hard for someone to kill Amazon.
I’m a fan of Galloway, his YouTube stuff for L2 is great, but Amazon is beating Apple because of the Echo? Apple is now the number one watch company by revenue in the world.
Apple have been selling premium computers for 39 years. The Desktop OS market is impossible to break into. The Mac and DOS/Windows ecosystems have owned it since the 80s. Chrome is making headway, but only in a small niche.
Of the named companies, I am most comfortable with Amazon. Most interactions I have with Amazon yield a tangible service predicated on me being the customer. While some alternatives provide better browsing and discovery, there are few online shopping sites that provide the convenience and immediacy of Amazon.
Apple would presumably also treat me as the customer, but I don't like the design of their devices or software and there are good alternatives. As a non-customer, Apple's existence doesn't offend me, but I do find them tedious and the amount of media attention they capture can be exhausting.
Facebook and Google don't have business models that permit them to consistently treat me as the customer, so I do what I can to avoid their services. What services they do provide (for "free") are of low value to me. I can interact with friends on a wide array of communication media. I can search the Internet via other engines. I can send and receive email from my personal mail server.
Assuming their futures mimic their present—which is probably a bad assumption—of these four, the disappearance of Facebook, Google, and Apple would be of little or no consequence to my life.
That said, they have less of a safety net than the others, with no cable deals to fall back on (which are steadily eroding from underneath the others anyway). However, they seem to be very good at knowing how to run their business, so I wouldn't count them out unless some outside forces take effect.
Their name has been synonymous with streaming for a decade, which will keep them entrenched at least a while longer than they would otherwise deserve.
I think if they had a serious stumble, Amazon would just buy them anyway.
amazon already built their version of netflix, the only thing they would need to acquire is the original content, and consumers seem to be so fickle over content anyways a licensing deal with the real buyer would be better business strategy. (probably).
Their business is certainly going to only continue to increase in competitiveness for the foreseeable future. My primary concern, from Netflix’s view, would be Amazon being comfortable buying video content at a loss forever.
At a minimum, they have their original series^1. I would assume that, as part of paying for the various shows to be created, Netflix has rights forever.
[1] https://en.wikipedia.org/wiki/List_of_original_programs_dist...
And at that point, Netflix would be indie content and a few real good Netflix shows. Don't know if people would shell out $10 per month essentially for the Netflix shows unless they can churn out high quality ones quicker.
I think the original content is what will keep Netflix alive in the long run. There are a lot of other places to see movies and TV shows, but you can only see Netflix original content on Netflix (unless you pirate it).
AKA web/phone/tables/console gaming/peripherals/etc are effectively break even in terms of revenue.
[0] https://www.macrumors.com/2017/09/05/apple-5b-bond-sale-fund...
Back to the topic, I do hope the large companies will be split up by regulation sooner than later.
Amazon is only a shopping web site and a hosting company. There are popular companis like Amazon, such as AliBaba and DigitalOcean. There is nothing special about Amazon.
Google is a search engine, smart phone OS, mail, maps, video service, web browser. Looks like Google has way more chanse than Facebook and Amazon.
But there is a huge amount of value tied up in those reviews. I'd argue that it creates such a network effect that starting up a competitor would be really hard. Possible but Amazon would have to stumble.
On the other hand Google, Apple, Microsoft has no language barrier. Amazon is 4th among them.
Do you think that will be in the next few decades or too hard to predict? Galloway: Too hard to predict.