One great example is very recent: smartphone shipments are record low because people are holding on to their phones longer because we’ve reached a ceiling of sorts when it comes to development. The updates are becoming more incremental, etc.
Happens to all tech. Aviation is a great example. From the Wreight brothers to flying over oceans in 40 years. Commercial jets in the 1970’s. But not much since then. A 50 year old jet and a modern day jet aren’t that much different.
@@jonathantaylor6926 If it's the737MAX, it's the same with new GE engines. I wa designed in the early 60's and is still controlled with cables and pulleys, NOT fly by wire like modern jets.
@@jonathantaylor6926 This is how I feel about guns that the average person uses. We kind of peaked during the cold war, and the ak and its variants are still extremely popular today. Sure there are always things to improve, but the days of giant innovative leaps are over. Unless guns come with some ai auto aim assist, I don't see anything else we could do.
yes, i think they should now focus not only on the camera but also entertainment. That's why apple have tv+, apple music, and apple arcade. But they should take it more seriously. As people will be also willing to upgrade if AAA titles release on apple products. (which i now will fail due to battery life which means they are at an edge)
@@ghost_mall Home computers in every house was more of a 90s thing. They existed in the 80s, sure, but the idea of doing something useful on a computer at home (computers meant for work were at your office, not your home) was kind of silly. Like, a Microsoft computer was $5000 in the 80s, so it was ridiculous to expect employees to buy one for home use, and it made more sense for the company to buy them for office-use only. Home computers were basically just gaming consoles for quite a while. Plus, they weren't very user-friendly, so you had to have a basic understanding of code and scripting in order to do pretty basic things.
@@LogicallyAnswered I dont see how bing would be prefererred over google though. They are very different search engines to the point where I feel like bing is vastly inferior. Should chatgpt outrun google, it wouldnt mean that bing could become more popular imo. awesome vid as always though
Because microsoft has dominated office with its productivity tools does not matter if u use apple products or windows...and they used it to gain marketshare in cloud computing they dont depend on ordinary consumers like apple or google does and that is why because businesses dont change what they use easily like us consumers.
Basically, Microsoft isn't really focused on the everyday user anymore, save of course for the Xbox. Their business is Enterprise clients, no different than IBM.
Uhh, right off the bat: "Standard Oil is no more." Yeah, because they were broken up by the government into 6 companies, but Standard specifically changed to Exxon, who has been buying those old Standard pieces over the decades.
True, but Exxon itself is getting destroyed by tech. Apple has market cap several times Exxon. The next generation of ai companies (or whatever the next big thing is) will likely put current giants to shame.
@@LogicallyAnsweredApple and Exxon don’t compete so it’s not getting destroyed by Apple. Exxon is just destroying itself by being US centric. Global oil is going to other companies and in the end, EVs will kill Exxon.
@@LogicallyAnswered I don't agree with you. Innovation is happening everyday in these big companies. The problem with people like you is that, IF it does not affect you or you don't benefit from it, you think that these companies are not doing anything new. There are a lot of things being innovated it is just that it may not be for you but for someone else. There are innovations today that are not categorized as "billion-user product" which you don't know about because it doesn't benefit you. You very have a poor judgment. Creating content out of full speculations without in-depth analysis, hence unsubscribing. LOL
@@elianirenge7198what is that? And other companies have done the same thing. And then they shelve their product to not cannibalize their existing product.
honestly, I think Google and Microsoft are good for a while. Google has bard, and Microsoft is heavily affiliated with OpenAI. Amazon has AWS, and I think they still got some more time. Apple's business model is selling devices and such, I think they are also good, especially with their breach into VR/AR But they have a different business model, and everyone needs phones. Meta is dead though. They wasted way too much money on the metaverse, and Instagram is probably the main thing keeping them up.
They all have moats. They are as hard to die as McDonalds and Coca-Cola. Take Metaverse. What a dumb idea. But FB (Meta) has enough money to take the hit. Microsoft should have died a while ago. But it keeps surviving because of it’s moat; corporate contracts for enterprise software. Now it’s coming back with AI. They are so big, no one mistake can kill them.
@@frontrider3240 I mean, how long will it stay that way? We already saw how Microsoft quietly and completely assassinated Zoom in a few months, what's stopping AWS from having the same fate? The only reason I see why Microsoft hasn't done that yet is because legislators would've noticed and practically immediately started a deeper dive into Microsoft.
These mega tech companies are just Mafias... The good old days are over for them... Linux is much better than Windows, Apple or Android and it's FREE too... People are lazy and make every excuse not to try things with learning curves....If it's not fast, easy or FREE, they are not interested....
I think Microsoft has considerably better footing than Google. While Microsoft's mass acquisitions are controversial, the company's diversification is giving them a lot of stability, by ensuring that their fate does not rely on the success of a single product. Meanwhile, Google relies on their search monopoly to collect advertising revenue, which is becoming increasingly fragile. While Google's rapid development of Bard may have saved them from an even worse fate, it is the "Internet Explorer" of chatbots, and doesn't hold a candle to BingAI.
Often those in a company whose reputations are based on the flagship product actively sabotage any other projects from being successful because that would reduce the importance of the flagship product. This prevents the company from pivoting to a new possible revenue source despite its massive resources.
I Always feel Like the only reason for this extreme failure can be boiled down to human Nature. Even If the First few generations of Management, especially in Family businesses, do it good, at some Point Somebody will Stop innovating and manage to Drive even the best company Into the ground...
Sears was the Walmart of their time. It was started in 1886. Now there are only about 12 stores left. I honestly do not even understand how they are still even around. These younger generations they read this and laugh because Sears has been a joke for quite a number of years, but it was huge when I was a kid. I’m 52 years old and when October came around the Sears catalog came in the mail and I would always have to pick my Christmas gifts out of there. Listening to the Salsoul Orchestra, and picking out gifts in the Sears catalog was truly the happiest time of the year for us in our house. Another store that kind of got crushed by Sears was Woolworths. About the time i was going to college in about 1990 Woolworths was going bankrupt and shutting their entire business down in the United States. They dominated the business retail landscape for decades but pretty much ceased operations totally in 1997. There’s no such thing as a business that’s too big to fail.
My guess: Nvidia will become the next tech giant. AMD and Intel will trail behind. Google and and Microsoft will still continue to dominate a large portion of the information, software and AI market.
Great video. I too believe the era of big tech monopolies is coming to an end and will add that I suspect we will not see another like it as AI is going to democratize big organization capabilities. This will allow individuals to do what only the biggest corporations can do today which will mean big ocrporations will have little advantage. Power is coming back to the people. That, or AI is going to concentrate all power and 1 super power corporation will rise up and control all of us so that we cannot compete or do anything that threatens their monopoly.
Nothing in this video suggests the "end of big tech" but merely a re-organizing of the same thing under different names that we haven't heard of yet. To use the examples given: the end of Standard Oil wasn't the end of Big Oil.
Fool!!, old people still use Facebook , with total of 2billion dau,instagram is still popular among young people, WhatsApp is still widely around the world,with only the USA preferring iMessage and FaceTime and caring about bubbles😂 Yes it true that TikTok is eating their market share, although they use both services from my observations,but there’s no money to be made on TikTok,only is going to work until bytedance gets tired of burning money with it
This was quite superficial compared to your other videos. Yes, some companies are lagging behind like Google, but Microsoft has reformed itself on all the fields.
It's debatable if any of these companies are a monopoly. They just have a very strong core with a dominant market share. (OS, search engine, online marketplace)
They are a monopoly in the west and other companies cannot compete with them. China forced them all out because all their core products are dumb and replicated easily by Chinese companies. I use MS products at work because it is a monopoly. Slack or zoom is better, but I can’t use it.
Adam Smith and any true "capitalist" understands the importance of companies not monopolizing, and that ultimately the government needs to step in to dismantle anything which disrupts the market to such an extent. Most companies do ultimately fail, but the way our modern governments operate, bailing out certain corporations, or saying that large swathes of jobs rely on them, monopoly corporations benefit the government and what they see as the "greater good for society". What corporatism creates is just socialism with a different shade of paint.
I lived through the 90's and I don't remember MS being loved, at least not by computer users. It was the big bad monopoly that pushed stuff on people like Win'95 or IE or their own standards (doc files, web). You had to use that if you wanted or not. But of course, that's just my perspective.
ChatGPT is really the only new company that is disruptive and they are heavily affiliated with Microsoft, so i don't see any reason to assume tech giants will be a smaller in the near future let alone be gone.
I have always said that the difference between public and private sector are the consequences. Public sector has no consequences, you can throw millions of dollars in something stupid that if you are a public employee nothing will happen, in the private sector you would get fired. Stuff like a monopoly get rid of those consequences and your big company becomes just another inefficient white elephant.
what you describe may be a natural event of things. companies that become profitable from innovation may not do so indefinitely and thus focus on staying profitable in the later parts of their lifespan. this is a great showcase how complex structures which involve tens of thousands of humans and that manufacture on a truly global scale can come and go. theres also a beauty in it that things expand and then pass on again.
Microsoft might be the exception because they provide backbone and background infrastructure to everything else. Most of the products mentioned and listed here were made thanks to MS's windows, office or what not. Amazon has AWS, which is also great in this regard.
The editing for this videos seems super bad, it looks like someone fired the editor and just ask AI to put captions and vaguely coherent images over the voice
Something that is worth pointing out though is that most “monopolies” in history don’t really go away though they still remain as influential companies. Take AT&T as a example, they got broken up then grew yet again to be one of the big three telco operators in the US as well as Mexico. Nokia, pivoted and is a major provider for RF equipment still. Microsoft still is massive and growing again. Googles empire isn’t that fragile they have a lot of businesses which diversifies there revenue and helps shelter them. As well as still giving themselves a chance to explode again. IBM is still a important and successful company as well even if it’s not the first option in regular consumers minds. The only one that’s really at risk of falling off the face of the map is Facebook and Netflix. Apple has a ton of influence but they haven’t been a monopoly and they have enough cash to acquire any threats to them. Facebook on the hand can be toppled because making a competitor is not that hard.
Yes they do. That is why he said in the video that the end goal of monopolies are to survive as long as possible. Cause try to compare at&t and apple. Yes, at&t are still afloat but its not relevant as it used to. Just like nokia, kodak and ibm. They are still around but not that they control the whole market.
Google are in trouble imo. Since GPT came out I don't use their products anymore. Across the board Google products are inferior imo. Unless Bard is better than GPT-4 they're finished because their brand doesn't make sense anymore
Companies start putting sales and marketing people in charge of companies it means the end a very slow end. To keep your company up you need to get the product people cause product people use the products that they make and know what problems they have. You need to have a product person in charge of your company inorder to keep growing. Apple had Steve Jobs.
How many transitions do you want? Logically Answered: Yes You really need to slow down that editing. You don't need to show an image + text for words that you think needs to be highlighted.
The extensions are built because without them their main product would been dethroned because if you don't keep up with features people will jump ship even sooner.
The normal curve of a business, you have inovator product there is a boom, then you find your market public and stagnate, then competition comes in and you start struggle This is obviously simplified, and there are many ways and outside factor to influence each stage, many companies either kill competition financially (microsoft can aford the fines) or buy them out making the same parent company owns product and the competition and thus the illusion begins lol Many ways... some more ethical than others All i can say for sure is that there is alot less competition than you would think
Nvidia is riding the aí wave as they should, like they ride the crypto wave. Tesla is slaching prices and Elon musk image as a god is fading from people minds, still there inst a good alternative apart from byd,Hyundai/Kia ect
Not sure I would go so far as to call Apple a monopoly. They face feirce competition from Samsung at the high end, and have no real presence at the lower ends of the market.
out of all of these companies, Apple is not a monopoly by definition, it doesn't own majority of market share for any of it's products, it just sells at a premium price to get higher margin, Apple and Microsoft are still good
Standard Oil is a terrible analogy to explain how monopolies are doomed. Although Standard Oil is no more, its children still maintain a firm grip on the world's energy markets.
I feel like this treatise has gone off the rails. All these companies have unremarkable technology. Just like NBC Friends with mediocre garbage on Thursday night. Consumers want comfort and popcorn. Don't rock the boat. Most women want to look and swipe men on their smart phones. Let them.
The only way I see big tech falling out of favor would be if people switch to open source products. The problem with that is open source typically is slightly worse than closed source.
The Vision could be the end all be all for Apple, and most companies have been backpacking on Apple for so long long that if it fails then many will follow because they won't have anything to copy, and their actions won't have as many people backing them like apple did with the headphone jack and charger.
Market capitalization of Netflix (NFLX) Market cap: $193.04 Billion As of June 2023 Netflix has a market cap of $193.04 Billion. This makes Netflix the world's 54th most valuable company
But unlike Nokia or other companies, these companies are still leading new wave of technologies either by acquisitions or innovations. So why they will lose if that continues
Sorry as they say in investing, “Previous performance is not an indicator of future performance” . Apple, Microsoft , Google and Amazon will be around FOREVER or at least after Jeff and Myself are dead. They are now utilities like water and electricity . Only Meta and Netflix are vulnerable because they are not “essential services” and can quite easily be disrupted by another service provider.
How the Hell is Google essential? people only care about Google due to RUclips. and I hate Apple and want them to stop making hardware. and microsoft why do you like them?
@@TCKRDefense Need a Portable Email Account - Gmail Need a Gateway into the internet - Google Search Need Directions -Google Maps Need Video content - RUclips Need to use a Smart Phone - Android If you need to participate in modern society you will need some if not all of these services I never said i liked any company, i just said they are infallible and will never die
You saying youtube is going to die if google search goes down? :p I don't think facebook and apple are going to go away any time soon. Those two in particular are racing amongst a handful of companies for AR Glasses to replace smartphones. Facebook's pair is called Orion and is scheduled for 2027. There are some smaller companies also coming out with glasses like Lumus. Lumus currently has the most advanced pair of glasses on the market. If Facebook and Apple stop pushing tech then ofc they'll crash but they're still pushing like they always do. Netflix is going to have a very rough time. AWS and Google are not going to go away any time soon. Their cloud platforms are much too prevalent. Even if new "products" come out AWS is going to cannibalize them into its own ecosystem like it always does and Google is going to partner like it always does. Amazon put a LOT of money into generative AI so that it can offer it as a new service on AWS but ofc will likely have multiple options including ChatGPT. Only way they go away is if people no longer need hardware to run their servers ;D.
Crazy thing is microsoft's culture is completely different than the the others. Microsoft has always been a 'background' titan. They operate out of the cultural mind space of the populous. People generally have negative sentiments about microsoft because everything they try to come out of the closet and make a cultural 'imapct' they tend to fail. ie zune & windows phones. But then they just release products that have a demand they succeed. ie the surface line. Microsoft will likely be the most relevant tech company for the next 100 years. All they have to do is maintain Windows OS, and their Exchange system and to a less extend if they can keep developing Azure; this is enough to carry them so long as there is computing.
You're throwing the term "monopoly" around rather cavalierly. True monopolies are either regulated or broken up--or they should be; there has been a shift in policy in the last few decades, but that will swing back at some point, because it is the essential duty of a capitalist system to break up or regulate monopolies. Apple is not a monopoly. In fact, they don't even have the majority of the global smartphone business. Android has more. Google is not a monopoly. Amazon is not a monopoly. There are alternatives to all of these, even if they hold a minority share in their respective markets.
Lol, true. They can reinvent themselves. So are so big it takes a long time for them to fall and they have enough time to come up with something else. But need a leadership change. I hope they get rid of Tim Cook before Apple falls.
@@TheBoobanI fear the opposite will rather happen. There is no better Manager of a big tech company than Tim Cook right now. There is a unique reason why Steve Jobs picked him.
These lay offs aren’t solely based on the economy, they’re actually mainly based on the advancements of AI. This video doesn’t make any sense whatsoever. The only thing you remotely touched that makes sense to me was leadership. Everything is rambling in redundancy.
Lol. Mentioning about Google but didnt mention that Google owns RUclips. Youre literally making money from Google. If youre wishing Google downfall then so does your channel.
Transition between each Pictures make me a headache. Transition should have same theme. They should not move from every angle left to right, up to down like this. Even all pictures is good and relate with content in this Video. I hope you find transition between pictures which move same direction for next video. I am looking forward to see great content in this channel.
One great example is very recent: smartphone shipments are record low because people are holding on to their phones longer because we’ve reached a ceiling of sorts when it comes to development. The updates are becoming more incremental, etc.
Happens to all tech. Aviation is a great example. From the Wreight brothers to flying over oceans in 40 years. Commercial jets in the 1970’s. But not much since then. A 50 year old jet and a modern day jet aren’t that much different.
@@jonathantaylor6926 If it's the737MAX, it's the same with new GE engines. I wa designed in the early 60's and is still controlled with cables and pulleys, NOT fly by wire like modern jets.
@@jonathantaylor6926 This is how I feel about guns that the average person uses. We kind of peaked during the cold war, and the ak and its variants are still extremely popular today.
Sure there are always things to improve, but the days of giant innovative leaps are over. Unless guns come with some ai auto aim assist, I don't see anything else we could do.
yes, i think they should now focus not only on the camera but also entertainment. That's why apple have tv+, apple music, and apple arcade. But they should take it more seriously. As people will be also willing to upgrade if AAA titles release on apple products. (which i now will fail due to battery life which means they are at an edge)
@@ghost_mall Home computers in every house was more of a 90s thing. They existed in the 80s, sure, but the idea of doing something useful on a computer at home (computers meant for work were at your office, not your home) was kind of silly. Like, a Microsoft computer was $5000 in the 80s, so it was ridiculous to expect employees to buy one for home use, and it made more sense for the company to buy them for office-use only.
Home computers were basically just gaming consoles for quite a while. Plus, they weren't very user-friendly, so you had to have a basic understanding of code and scripting in order to do pretty basic things.
now I actually realise that microsoft as a company is like 40 years old and how much of an exception microsoft is to this
Yeah, nearly 50 at this point
@@LogicallyAnswered which is crazy
@@LogicallyAnswered I dont see how bing would be prefererred over google though. They are very different search engines to the point where I feel like bing is vastly inferior. Should chatgpt outrun google, it wouldnt mean that bing could become more popular imo. awesome vid as always though
Because microsoft has dominated office with its productivity tools does not matter if u use apple products or windows...and they used it to gain marketshare in cloud computing they dont depend on ordinary consumers like apple or google does and that is why because businesses dont change what they use easily like us consumers.
Basically, Microsoft isn't really focused on the everyday user anymore, save of course for the Xbox. Their business is Enterprise clients, no different than IBM.
Uhh, right off the bat: "Standard Oil is no more." Yeah, because they were broken up by the government into 6 companies, but Standard specifically changed to Exxon, who has been buying those old Standard pieces over the decades.
True, but Exxon itself is getting destroyed by tech. Apple has market cap several times Exxon. The next generation of ai companies (or whatever the next big thing is) will likely put current giants to shame.
@@LogicallyAnsweredApple and Exxon don’t compete so it’s not getting destroyed by Apple.
Exxon is just destroying itself by being US centric. Global oil is going to other companies and in the end, EVs will kill Exxon.
I also noticed that. With the sheer control they had over oil refinery, they would have almost been guaranteed to continue growing.
@LogicallyAnswered adjusted for equal PE the difference becomes A LOT smaller tho.
"tech companies' are only big because investors use it as a way to get money from smaller investors who are just in it for the hype
Pichai, Nadella, Cook maybe have increased their companies' valuation to new high but can't see them innovate like their founders.
Oh yeah no doubt. They’re strong businessmen, not visionaries or innovators
@@LogicallyAnswered Google works on plenty of innovative projects like Wenmo
@@LogicallyAnswered I don't agree with you. Innovation is happening everyday in these big companies. The problem with people like you is that, IF it does not affect you or you don't benefit from it, you think that these companies are not doing anything new. There are a lot of things being innovated it is just that it may not be for you but for someone else. There are innovations today that are not categorized as "billion-user product" which you don't know about because it doesn't benefit you. You very have a poor judgment. Creating content out of full speculations without in-depth analysis, hence unsubscribing. LOL
@@elianirenge7198what is that? And other companies have done the same thing. And then they shelve their product to not cannibalize their existing product.
@@elianirenge7198and they simply shut down everything halfway
honestly, I think Google and Microsoft are good for a while. Google has bard, and Microsoft is heavily affiliated with OpenAI. Amazon has AWS, and I think they still got some more time. Apple's business model is selling devices and such, I think they are also good, especially with their breach into VR/AR But they have a different business model, and everyone needs phones. Meta is dead though. They wasted way too much money on the metaverse, and Instagram is probably the main thing keeping them up.
They all have moats. They are as hard to die as McDonalds and Coca-Cola. Take Metaverse. What a dumb idea. But FB (Meta) has enough money to take the hit. Microsoft should have died a while ago. But it keeps surviving because of it’s moat; corporate contracts for enterprise software. Now it’s coming back with AI.
They are so big, no one mistake can kill them.
@@frontrider3240 I mean, how long will it stay that way?
We already saw how Microsoft quietly and completely assassinated Zoom in a few months, what's stopping AWS from having the same fate? The only reason I see why Microsoft hasn't done that yet is because legislators would've noticed and practically immediately started a deeper dive into Microsoft.
Who the hell is even talking about the Apple Vision Pro anymore? 5 days passed and I forgot it even existed. The hype is already completely dead.
These mega tech companies are just Mafias...
The good old days are over for them...
Linux is much better than Windows, Apple or Android and it's FREE too...
People are lazy and make every excuse not to try things with learning curves....If it's not fast, easy or FREE, they are not interested....
I think Microsoft has considerably better footing than Google.
While Microsoft's mass acquisitions are controversial, the company's diversification is giving them a lot of stability, by ensuring that their fate does not rely on the success of a single product. Meanwhile, Google relies on their search monopoly to collect advertising revenue, which is becoming increasingly fragile.
While Google's rapid development of Bard may have saved them from an even worse fate, it is the "Internet Explorer" of chatbots, and doesn't hold a candle to BingAI.
Often those in a company whose reputations are based on the flagship product actively sabotage any other projects from being successful because that would reduce the importance of the flagship product. This prevents the company from pivoting to a new possible revenue source despite its massive resources.
On absolute point. I was thinking clickbait, but this is really well thought out. No excess, no hype train, excellent analysis man. You got a new sub.
Bezos laughing: this journalist doesn’t know I don’t intend on dying.
Hope your analysis comes true. Great video as always.
Thank you Balpreet!
This is why profits matter more than valuation. Value means NOTHING if their isn’t profit to back it up
I Always feel Like the only reason for this extreme failure can be boiled down to human Nature. Even If the First few generations of Management, especially in Family businesses, do it good, at some Point Somebody will Stop innovating and manage to Drive even the best company Into the ground...
Well said!
Somebody more greedy will eventually change the culture of the company they are managing
@@JDBass36 I Wish I were the one building Something greater, but eventually Somebody would destroy It anyway - If I somehow managed to do that.
standard oil disappeared. Exexpt for chevron and exxon. XD
Sears was the Walmart of their time. It was started in 1886. Now there are only about 12 stores left. I honestly do not even understand how they are still even around. These younger generations they read this and laugh because Sears has been a joke for quite a number of years, but it was huge when I was a kid. I’m 52 years old and when October came around the Sears catalog came in the mail and I would always have to pick my Christmas gifts out of there. Listening to the Salsoul Orchestra, and picking out gifts in the Sears catalog was truly the happiest time of the year for us in our house. Another store that kind of got crushed by Sears was Woolworths. About the time i was going to college in about 1990 Woolworths was going bankrupt and shutting their entire business down in the United States. They dominated the business retail landscape for decades but pretty much ceased operations totally in 1997. There’s no such thing as a business that’s too big to fail.
My guess: Nvidia will become the next tech giant. AMD and Intel will trail behind.
Google and and Microsoft will still continue to dominate a large portion of the information, software and AI market.
@user-ex5on6pn3e Shut up already, I know what you're up to.
Great video. I too believe the era of big tech monopolies is coming to an end and will add that I suspect we will not see another like it as AI is going to democratize big organization capabilities. This will allow individuals to do what only the biggest corporations can do today which will mean big ocrporations will have little advantage. Power is coming back to the people. That, or AI is going to concentrate all power and 1 super power corporation will rise up and control all of us so that we cannot compete or do anything that threatens their monopoly.
Hmm, so you don’t think there will be ai giants that takeover instead? Interesting
Yep. A lot of mini players until q bunch of consolidation begins to happen.
Nothing in this video suggests the "end of big tech" but merely a re-organizing of the same thing under different names that we haven't heard of yet. To use the examples given: the end of Standard Oil wasn't the end of Big Oil.
Their demise will be anti-consumerism and high margins. The lack of repairability, removing standard features/connections, and restrictions.
Meta is done. Wasted $28 billion on the Metaverse and Facebook is losing popularity. Game over
Well, they’re clearly not scared of betting big :)
Instagram still exist and WhatsApp. Those companies makes them the most money. Meta will become a tech holding company in the next few years.
Fool!!, old people still use Facebook , with total of 2billion dau,instagram is still popular among young people, WhatsApp is still widely around the world,with only the USA preferring iMessage and FaceTime and caring about bubbles😂
Yes it true that TikTok is eating their market share, although they use both services from my observations,but there’s no money to be made on TikTok,only is going to work until bytedance gets tired of burning money with it
They're still making $20B+ net income every year
This was quite superficial compared to your other videos. Yes, some companies are lagging behind like Google, but Microsoft has reformed itself on all the fields.
hey bro, nice video.espectally the editing
Thank you Aaron!
It's debatable if any of these companies are a monopoly. They just have a very strong core with a dominant market share. (OS, search engine, online marketplace)
They are a monopoly in the west and other companies cannot compete with them. China forced them all out because all their core products are dumb and replicated easily by Chinese companies.
I use MS products at work because it is a monopoly. Slack or zoom is better, but I can’t use it.
I don't think he understands what monopoly is.
Adam Smith and any true "capitalist" understands the importance of companies not monopolizing, and that ultimately the government needs to step in to dismantle anything which disrupts the market to such an extent.
Most companies do ultimately fail, but the way our modern governments operate, bailing out certain corporations, or saying that large swathes of jobs rely on them, monopoly corporations benefit the government and what they see as the "greater good for society".
What corporatism creates is just socialism with a different shade of paint.
I lived through the 90's and I don't remember MS being loved, at least not by computer users. It was the big bad monopoly that pushed stuff on people like Win'95 or IE or their own standards (doc files, web). You had to use that if you wanted or not. But of course, that's just my perspective.
One of your best videos brother, thanks!
btw, were do you get the stock video? envato?
Thank you Daniel! Storyblocks
@@LogicallyAnswered thank you my friend, love your channel, I hope u never stop this
Loving Hauri’s long view and wisdom.
You've outdone yourself again. Just when we thing this is his best video ever, you come out with something even better.
ChatGPT is really the only new company that is disruptive and they are heavily affiliated with Microsoft, so i don't see any reason to assume tech giants will be a smaller in the near future let alone be gone.
You mean OpenAI
They don’t need as many coders as they have AI to increase coding performance significantly.
I have always said that the difference between public and private sector are the consequences.
Public sector has no consequences, you can throw millions of dollars in something stupid that if you are a public employee nothing will happen, in the private sector you would get fired.
Stuff like a monopoly get rid of those consequences and your big company becomes just another inefficient white elephant.
what you describe may be a natural event of things. companies that become profitable from innovation may not do so indefinitely and thus focus on staying profitable in the later parts of their lifespan. this is a great showcase how complex structures which involve tens of thousands of humans and that manufacture on a truly global scale can come and go. theres also a beauty in it that things expand and then pass on again.
Standard Oil and AT&T did not fail government broke them up. So a monopoly is not so fragile
Microsoft might be the exception because they provide backbone and background infrastructure to everything else. Most of the products mentioned and listed here were made thanks to MS's windows, office or what not. Amazon has AWS, which is also great in this regard.
The editing for this videos seems super bad, it looks like someone fired the editor and just ask AI to put captions and vaguely coherent images over the voice
Do Coca Cola's large vaults really contain their secret recipe/ingredients? Or is it just holding the most valuable cocaine formula? 🤔
Editing went places in this video. xd
Something that is worth pointing out though is that most “monopolies” in history don’t really go away though they still remain as influential companies.
Take AT&T as a example, they got broken up then grew yet again to be one of the big three telco operators in the US as well as Mexico. Nokia, pivoted and is a major provider for RF equipment still. Microsoft still is massive and growing again.
Googles empire isn’t that fragile they have a lot of businesses which diversifies there revenue and helps shelter them. As well as still giving themselves a chance to explode again.
IBM is still a important and successful company as well even if it’s not the first option in regular consumers minds.
The only one that’s really at risk of falling off the face of the map is Facebook and Netflix.
Apple has a ton of influence but they haven’t been a monopoly and they have enough cash to acquire any threats to them. Facebook on the hand can be toppled because making a competitor is not that hard.
Yes they do. That is why he said in the video that the end goal of monopolies are to survive as long as possible. Cause try to compare at&t and apple. Yes, at&t are still afloat but its not relevant as it used to.
Just like nokia, kodak and ibm. They are still around but not that they control the whole market.
Google are in trouble imo. Since GPT came out I don't use their products anymore. Across the board Google products are inferior imo. Unless Bard is better than GPT-4 they're finished because their brand doesn't make sense anymore
Companies start putting sales and marketing people in charge of companies it means the end a very slow end. To keep your company up you need to get the product people cause product people use the products that they make and know what problems they have. You need to have a product person in charge of your company inorder to keep growing. Apple had Steve Jobs.
How many transitions do you want?
Logically Answered: Yes
You really need to slow down that editing. You don't need to show an image + text for words that you think needs to be highlighted.
11:47 “Amazon will be distributed one day”
“And do you worry about that?”
“I don’t worry because I’m so damn rich I’m a king among men”
standard oil was broken up by the government and not from market forces.
PGE in nor cal. Along with Comcast.
out of curiousity how many of these ceos are mckinseys'?
100% true, my experience at a 'big tech' exactly.
I don't think the end is near with big tech and great video man :]
I highly doubt it
We’ll see
We will
@@LogicallyAnsweredu was wrong
The extensions are built because without them their main product would been dethroned because if you don't keep up with features people will jump ship even sooner.
Great video brother!! Thanks again!!
Thank you Daniel!
you didn't see the video in two minutes
The normal curve of a business,
you have inovator product there is a boom,
then you find your market public and stagnate,
then competition comes in and you start struggle
This is obviously simplified, and there are many ways and outside factor to influence each stage, many companies either kill competition financially (microsoft can aford the fines) or buy them out making the same parent company owns product and the competition and thus the illusion begins lol
Many ways... some more ethical than others
All i can say for sure is that there is alot less competition than you would think
Step aside Meta and Netflix, welcome Nvidia and Tesla. These two are definitely in the new wave of market domination!
Nvidia is riding the aí wave as they should, like they ride the crypto wave.
Tesla is slaching prices and Elon musk image as a god is fading from people minds, still there inst a good alternative apart from byd,Hyundai/Kia ect
I hope it comes sooner rather than later so software can be more open to small business again.
Jeff Bezos is still a visionary person, like he was in 90s.
You are never too big to fail
Great video, Thanks.
Glad you liked it Philip!
Not sure I would go so far as to call Apple a monopoly. They face feirce competition from Samsung at the high end, and have no real presence at the lower ends of the market.
They all mastered manipulating users
What about microsoft ??
out of all of these companies, Apple is not a monopoly by definition, it doesn't own majority of market share for any of it's products, it just sells at a premium price to get higher margin, Apple and Microsoft are still good
Apple isn't a literal monopoly. But they definitely behave like one.
Stock price says no.
Make sense!
Standard Oil is a terrible analogy to explain how monopolies are doomed. Although Standard Oil is no more, its children still maintain a firm grip on the world's energy markets.
I feel like this treatise has gone off the rails.
All these companies have unremarkable technology. Just like NBC Friends with mediocre garbage on Thursday night.
Consumers want comfort and popcorn. Don't rock the boat. Most women want to look and swipe men on their smart phones.
Let them.
I support free, open-source software and a world run by people living purposeful lives instead of big corporations.
The only way I see big tech falling out of favor would be if people switch to open source products. The problem with that is open source typically is slightly worse than closed source.
Everything fall it’s only a matter of time
"You either die a hero, or you live long enough to see yourself become the villain."
The Vision could be the end all be all for Apple, and most companies have been backpacking on Apple for so long long that if it fails then many will follow because they won't have anything to copy, and their actions won't have as many people backing them like apple did with the headphone jack and charger.
First generation builds it, second gen consolidate it, third gen destroys it. Old saying.
I don't consider Netflix to be in the same league as these other FAANG category
Market capitalization of Netflix (NFLX)
Market cap: $193.04 Billion
As of June 2023 Netflix has a market cap of $193.04 Billion. This makes Netflix the world's 54th most valuable company
But unlike Nokia or other companies, these companies are still leading new wave of technologies either by acquisitions or innovations. So why they will lose if that continues
Sorry as they say in investing, “Previous performance is not an indicator of future performance” . Apple, Microsoft , Google and Amazon will be around FOREVER or at least after Jeff and Myself are dead. They are now utilities like water and electricity . Only Meta and Netflix are vulnerable because they are not “essential services” and can quite easily be disrupted by another service provider.
How the Hell is Google essential? people only care about Google due to RUclips. and I hate Apple and want them to stop making hardware. and microsoft why do you like them?
@@TCKRDefense
Need a Portable Email Account - Gmail
Need a Gateway into the internet - Google Search
Need Directions -Google Maps
Need Video content - RUclips
Need to use a Smart Phone - Android
If you need to participate in modern society you will need some if not all of these services
I never said i liked any company, i just said they are infallible and will never die
I don't think you really understand what monopoly is.
If your company is gone already then just sell it to a more modern companies that are doing well and that's in your field.
Time destroys _all_ things.
Good use of Jeffrey bezos’s quote and laugh lol
Your name is Hari. Are you an Indian American ?
Yep
@@LogicallyAnswered👍
You saying youtube is going to die if google search goes down? :p
I don't think facebook and apple are going to go away any time soon. Those two in particular are racing amongst a handful of companies for AR Glasses to replace smartphones. Facebook's pair is called Orion and is scheduled for 2027. There are some smaller companies also coming out with glasses like Lumus. Lumus currently has the most advanced pair of glasses on the market. If Facebook and Apple stop pushing tech then ofc they'll crash but they're still pushing like they always do.
Netflix is going to have a very rough time.
AWS and Google are not going to go away any time soon. Their cloud platforms are much too prevalent. Even if new "products" come out AWS is going to cannibalize them into its own ecosystem like it always does and Google is going to partner like it always does. Amazon put a LOT of money into generative AI so that it can offer it as a new service on AWS but ofc will likely have multiple options including ChatGPT. Only way they go away is if people no longer need hardware to run their servers ;D.
How about the monopolies take over 😢startups and promote their visionary founders to be ceo of the big show? 😢
Web3 will crush these big tech slowly
I have a feeling that microsoft is doing better too
Crazy thing is microsoft's culture is completely different than the the others. Microsoft has always been a 'background' titan. They operate out of the cultural mind space of the populous. People generally have negative sentiments about microsoft because everything they try to come out of the closet and make a cultural 'imapct' they tend to fail. ie zune & windows phones. But then they just release products that have a demand they succeed. ie the surface line. Microsoft will likely be the most relevant tech company for the next 100 years. All they have to do is maintain Windows OS, and their Exchange system and to a less extend if they can keep developing Azure; this is enough to carry them so long as there is computing.
corporate propaganda at its finest ^
Business as usual
Monopolies don’t last, dude has never heard of XCEL Energy
Big tech rises and falls, from different points of view.
Facebook,AWS is the only think i wish just collapsed
Useful info, but itcould have been a podcast; your visuals add nothing to the narrative.
Hey dont worry their ceos are doing cage fights
Good topic, but tone down those transitions! Do less transitions that have more information instead.
Apple and Amazon always sucked and still suck harder than any alternative to be fair. Facebook was only good for its games that no longer has.
You're throwing the term "monopoly" around rather cavalierly. True monopolies are either regulated or broken up--or they should be; there has been a shift in policy in the last few decades, but that will swing back at some point, because it is the essential duty of a capitalist system to break up or regulate monopolies. Apple is not a monopoly. In fact, they don't even have the majority of the global smartphone business. Android has more. Google is not a monopoly. Amazon is not a monopoly. There are alternatives to all of these, even if they hold a minority share in their respective markets.
WBD is gonna die off in the next 2 years. It’s gonna get Fox’d. Lol
i just want to live to see the downfall of apple
Please I am with you on that one.
Apple is 40 but more like 20 because iPhone rebranded kinda pulls the rug from entire idea.. nice content though 👌
Lol, true. They can reinvent themselves. So are so big it takes a long time for them to fall and they have enough time to come up with something else. But need a leadership change. I hope they get rid of Tim Cook before Apple falls.
@@TheBoobanI fear the opposite will rather happen. There is no better Manager of a big tech company than Tim Cook right now. There is a unique reason why Steve Jobs picked him.
@@wisdomyaw03 Steve picked him because he is a great second in command. But not chief.
Facebook is already dead
These lay offs aren’t solely based on the economy, they’re actually mainly based on the advancements of AI. This video doesn’t make any sense whatsoever. The only thing you remotely touched that makes sense to me was leadership. Everything is rambling in redundancy.
Lol. Mentioning about Google but didnt mention that Google owns RUclips. Youre literally making money from Google. If youre wishing Google downfall then so does your channel.
Transition between each Pictures make me a headache. Transition should have same theme. They should not move from every angle left to right, up to down like this.
Even all pictures is good and relate with content in this Video. I hope you find transition between pictures which move same direction for next video. I am looking forward to see great content in this channel.
Microsoft anyone?
Nothing last forever
Facts
Everybody wants to rule the world.