A Future of Netflix
samjarman.co.nz
samjarman.co.nz
I’m sure Netflix will try its hand at faked video at some point, but its strategy of giving creators a high level of creative control seems to be producing good results. Regressing to generic AI-written storylines wouldn’t evoke many smiles.
The bar for holding attention and making something people enjoy watching is pretty far from great drama.
Having toyed around with some advanced tools from AI/ML land, I won't be shocked to see popular content being generated from these tools. Just look at the average sitcom, magazine, social media, etc.
Can you generate great content from these inputs? No way.
Can you generate popular content with these ? With a half decent marketing budget, sure.
https://www.cnbc.com/2018/10/17/netflix-free-cash-flow-q3-20...
There is no future for Netflix.
Nice chart of the huge increasing cash burn ...
https://www.zerohedge.com/news/2019-01-15/netflix-hikes-pric...
What are the barriers to entry for the competition?
Does Disney-Pixar have good content?
Does Amazon have deep pockets?
Survival depends on the price elasticity of viewers as they trim their budgets going into a recession. So is Netflix discretionary or a necessity? We'll see, but when betting on Netflix's future, my money is on red, not black.
Of course there are a few possible futures for Netflix: bankruptcy; heavily discounted acquisition; or finding a Greater Fool, usually Microsoft in these situations (see Nokia, LinkedIn).