Elon Musk Wants to Conquer the World, Here's How
Elon Musk is the richest person on earth, but it's not enough. Now he wants to conquer the world. Here's how.
Elon Musk wants to conquer the world.
Hereâs how.
To conquer the world you need:
- Manpower
- Popularity & Consensus
- Satellite connectivity
- Transportation network
- Safe HQ
- Energy to power all the above
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- Optimus will provide unlimited manpower through its humanoid robots. When humans are still required, the Neuralink implant will make sure no one refuses to help.
- X isn't just another social network. It's where politicians, influential journalists, and CEOs are among the most active users. With this platform, alongside Grok, Elon can ensure both the elite and the general public are on his side. His endorsement for Donald Trump (likely winner in the US presidential elections) will do the rest.
- Starlink will provide world-wide connectivity during war operations. This is already happening in Ukraine for example.
- SpaceX will provide intercontinental transportation, as well as (militar?) rockets.
- The Boring Company will build strategic underground infrastructure to move robots and people around.
- Tesla autonomous âtaxiâ will move at Elonâs command.
- Snailbrook will be Elonâs town and HQ, safely housing its people, robots and equipment.
- All the above will require immense electrical power to operate. Thatâs why Elon is building Teslaâs Giga Factories to produce and store energy.
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Am I forgetting something?
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(Edit November 14th, 2024.)
Yes, I am.
He's just been appointed by Donald Trump as the Head of the Department of Governmental Efficiency (DOGE), whatever it is.
It doesn't matter what DOGE is or will be. What matters is that if the above list wasn't enough, the richest man in the world will occupy a formal position in the government of the richest and most powerful country on earth. Reason to be worried? Yes, I think so :(
What will Apple & Co Do Now That Google Search Was Declared Illegal?
Google is a monopolist. What will the others do about it? Apple, Microsoft & co
Google is a monopolist.
What will the others do about it? Apple, Microsoft & co
The American DOJ will likely first target Google's practice of paying third parties to be the default search engine on their devices. If that happens, Google will save $20b and Apple will lose $20b, and then what?
Will Apple choose Microsoft Bing as the default? Unlikely.
Eddie Cue, from Apple stated:
âI donât believe thereâs a price in the world that Microsoft could offer usâ [to make us switch].
In the end, Apple wants the best for their users and no other search engine does a better job than Google. In any case, $20b exceeds Microsoft's annual revenue from Bing, so even if Apple were open to negotiations, it would be mad for Microsoft to pay that amount.
Will other startups build a Google competitor? Also unlikely.
Indexing and analysing the entire web is an expensive business.
Apple estimated that creating a Google clone would cost them at least $6 billion a year. Even the most well-funded VC startup couldn't afford such an investment.
Another factor is that Google is obviously the default search engine on Chrome, which holds over 64% of the global browser market share.
This raises the question: why would Google even need to pay to be the default search engine on other browsers or devices?
The answer is in this screenshot.
On iPhones, users can perform searches outside of a browser, and currently, the first results are reserved for Google (via the default browser, Mozilla in my case). However, just below those results, there are direct links to publishers' websites.
I know what youâre thinking đ but no, theyâre not ads! yetâŚ
In essence, Google wants to prevent Apple or Samsung from experimenting with similar solutions, as these could potentially bypass it altogether.
My best bet is that if Apple stops receiving payments from Google, they would soon push direct links more prominently. And they could make money from them too.
However, ads isn't Apple's core business. Apple Search Ads is still an underdeveloped product, and their sales organisation is small. This could open a new market for other companies to manage ads for Apple or Samsung. In fact, this is already partially happening, with startups offering "expansion" features for Apple Search Ads. But, Apple would still be the âgatekeeperâ.
To make things more complicated, Ai chatbots are entering the search game too.
It seems ChatGPT will be integrated natively into iPhones. So, will Apple need to offer a choice screen also here? Will Google, with Gemini on Android?
No matter how you approach the issue, a new monopolist will emerge.
By the way, Apple was also recently sued for monopolising the smartphone market.
It seems we're just shifting from one monopolist to another.
Questions Are More Important Than Answers
Are you taking the time to ask the right questions? In today's world questions are more important than answers. See why.
Sunday thoughts: are you asking the right questions?
We often focus on working hard to find the right answers, but sometimes the questions are more important.
Ai is teaching us this.
Technology is now able to find all the right answers for us. So, asking the right questions has become key to solving complex problems. Think of ChatGPT. Its answers are just as good as your prompts.
Harvard Business Review suggests we ask five types of questions to improve our problem-solving and leadership skills.
- Investigative questions: Why?
Ask a series of âwhyâ and âhowâ questions. Something like the infamous Toyota âFive Whysâ.
A vehicle is broken. Why? How?
The battery is dad. Why?
The alternator doesnât work. Why? and so on.. - Speculative questions: What if? What else?
During the 2017 America's Cup, Team New Zealand decided to pedal stationary bikes to generate power for the vessel's hydraulics, instead of the traditional method of turning handles.
What if we used leg power instead of arm power?
We generate more power, but we canât move around the boat.
So, what else could a pedal system allow?
It frees up crewâs hands, which can be used for other tasks.
Teammates could operate the hydraulics by hand while pedaling simultaneously.
This unusual innovation led the team to win the cup. - Productive questions: Now what?
Once the problem has been deeply understood, now what? - Interpretive questions: So, What�
So, what happens if this trend continues? So, what opportunities does that idea open up?
This set of questions is particularly useful when the problem or opportunity is clear, but the context remains uncertain. It broadens the scope of our investigation and can reveal previously overlooked aspects. - Subjective questions: Whatâs unsaid?
This is arguably the most important question of all.
What is between the lines? What is that we still canât see?
In 1997, British Airways sought to modernise its image by replacing the traditional British colours on its planes' tail fins with ethnic designs created by artists from around the world.
What was unsaid?
Business customers, the airline's most profitable segment, strongly valued the national branding and disliked the change so much that many switched to other carriers.
Even Richard Branson weighed in on the change, announcing that his Virgin planes would proudly âfly the flag.â
BAâs new designs were withdrawn two years later.
And you, are you taking the time to ask questions and listen, or you rush to find answers?
Google Runs an Illegal Monopoly. What To Do About It?
The Department of Justice ruled that Google is a monopoly. Now what? Maybe nothing, since new competitors are coming.
Google is officially a monopoly.
The US Department of Justice came to this conclusion last week ending a landmark antitrust case. Googleâs obscenely high market share and the $20bn it pays Apple annually to be the default search engine on Safari were the key elements of the trial. Now the problem is what to do about it.
The EU came first in sanctioning Google for its anti-competitive practices. Its recent Digital Markets Acts forced Google to let users choose their default search engine on Android phones. Some argue that the EU ruling did little harm to Googleâs dominant position, and the same will be true for any enforcement following the US DoJ sentence.
Hard to disagree. However, something it is indeed changing.
Google search engine market share on desktop in Europe has declined consistently since 2022. According to Statcounter, it was 85.4% in January 2022 and 79.4% in July 2024. On mobile, the decline is less severe, but still visible. From 96.7% in January 2022 to 95.9% in July 2024. The same trend is seen in the US. From 79.8% in January 2022, to 74.2% in July 2024 on desktop. Bing is eating Googleâs lunch, growing its market share from 12% in January 2022 to 18% in July 2024.
But in my opinion the biggest disruption is yet to be seen and will come from Ai search engines like Perplexity, You.com and soon SearchGPT.
OpenAi even partnered with Apple to power the native iPhoneâs Ai capabilities, potentially jeopardising the multi-billion dollar deal between Google and Apple. If iPhone users will get all the answers natively from Apple Intelligence, why would they even use a search engine?
It could be that the DoJ wonât even need to take any action as new competitors are coming for Google already.
In any case, letâs never forget that American Big Tech companies are first of all an intelligence and power-holding asset for the US government. This is also why it took so long for regulators to even start looking into a potential Googleâs monopoly.
What is Bitcoin? Just Another Tech Stock
Bitcoin was dubbed "digital gold". But it doesn't have any of the characteristics that make gold a safe heaven asset.
Bitcoin is just another tech stock.
Financial markets were very volatile last week. Technology stocks in particular, saw movements as large as double-digit percentages in a single day.
Tech companies' stocks are prone to volatility because, unlike more traditional companies, they are more exposed to crises and fluctuating consumer sentiment.
How to edge against crises and fickle consumer sentiment?
Some say Bitcoin is the answer.
Data shows itâs not!
By analysing Bitcoin prices over the past 5 years, we see that it moves in the same direction as the tech-heavy Nasdaq Composite index. The two assets have a correlation coefficient of 0.9, indicating a strong positive correlation.
Not only do they move in the same direction (up or down), but every time the Nasdaq moves, Bitcoin moves faster!
Bitcoin amplifies tech stocks movement.
After being disregarded as a challenger to traditional fiat currencies (no real use cases), Bitcoin was eventually dubbed "digital gold." This definition implies that Bitcoin, as an asset, should be compared to gold: something durable, relatively liquid, in limited supply, and stable over time.
Gold has traditionally served as a hedge against economic uncertainty and inflation. While its value generally follows the stock markets, it shows significantly less volatility, making it the perfect "safe-havenâ asset.
If Bitcoin was actually the digital gold, than it should show a similar behaviour. It doesnât!
By analysing its rolling 30-day standard deviation for the past 5 years, we can see that it goes up to 3 times its mean, while Gold and the Nasdaq donât even get to 0.1 the value of their respective mean. This shows that Bitcoin is extremely more volatile.
So, Bitcoin is definitely not stable. However, like gold, it is relatively liquid and in limited supply. The problem is, both liquidity and supply are guaranteed by a distributed system of servers, or âmining rigs,â that require enormous amounts of energy and space to operate. This makes Bitcoin âproductionâ vulnerable to geopolitics, to the point of causing âmigrationsâ of âminersâ to countries with cheaper energy and looser regulations.
Also, the efficiency and reliability of the rigs is highly dependent on technology.
Reliance on technology and sensitivity to geopolitics and markets is the same recipe as tech stocks.
If you consider that Bitcoin demand is only based on an almost-religious belief in its algorithm, it becomes an extremely speculative and risky tech stock.
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PS.
All charts and analysis was done with Chat-GPT4o. Great use case for Ai!
Ai is The Future, But Sometimes The Future Takes a While to Come
Revolutionary digital products like the iPhone and the cloud took decades to reach critical mass. Ai won't be different.
LLMs are the future, but the future takes a while to come.
Revolutionary digital products like eCommerce, the iPhone, and the cloud took decades to reach critical mass.
- eCommerce now represents 20% of retail in the US. But it started in the â90s, it took a while!
- The iPhone didnât take off until late 2011, despite being introduced in 2007. The iPod took even longer, peaking around 2008 after its 2002 debut.
- Cloud computing, the norm for every modern online business, still only covers about a third of its addressable enterprise market, 20+ years after being first introduced.
ChatGPT was probably the fastest-growing online application in history, reaching 100m users in just two months. However, it seems many of those users actually left.
Even at the enterprise level, there seem to be more hashtag#Ai pilots and experiments but fewer actual implementations.
The reality is, itâs still unclear what we should use Ai for. It lacks a definitive product.
For example, I love ChatGPT and use it regularly, but mostly I use Custom GPTs. So, what am I really using, ChatGPT or its apps?
It's like asking, "am I using the App Store, or rather Instagram, Gmail, or weather apps?"
Is Ai just a âplatformâ and we still need to build products around it? Maybe.
Although, in some fields like hashtag#marketing and coding, a versatile tool like ChatGPT proves to be useful. As a digital marketer, I can use the same tool and subscription to create and edit images, maybe videos soon, ad copy, analyse campaign data and write lines of code when needed.
Maybe Ai is more of a marketing revolution than a tech one!
Is Taylor Swift a Music Genius or a Ruthless Business Woman?
Taylor Swift has become the biggest star on the planet. The way she got there is not what you think.
The time has come I should talk about Taylor Swift!
Unless youâve lived under a rock for the past 15 years or more, you must have heard of Taylor Swift. Sheâs omnipresent, from music charts to a stadium near you and even mentioned on relevant business publications.
Her "Eras Tour" is on track to become the highest-grossing tour in history, and it's already one of the largest pop culture phenomena since, maybe the Beatles?
She's definitely at her peak, 18 years after releasing her first album, and is probably the biggest pop star alive.
Yet, can you name five Taylor Swiftâs songs?
If you managed to do so, itâs likely that at least two or three out of your five are among the top 8 most viewed on her YouTube channel.
What do these eight songs have in common?
- Theyâre old. They were all released between 2012 and 2017.
- Four out of eight come from one album, â1989â, released in 2014. Blank Space, Shake It Off, Bad Blood and Style were all part of â1989â.
It is hard to evaluate what is the most successful song or album by a recording artist, but YouTube views and official album sales figures can help.
"Blank Spaceâ, from the album "1989", is Swift's most viewed video on YouTube. "1989" is her best-selling album with 10.6 million units sold worldwide.
Even in my mind, "1989" is likely her most popular album, with hits I can still sing along to.
Google Trends confirms that until recently, the "1989" era was the most popular. After 2014, the trend declines consistently for several years, only to recover around spring 2023 when the Eras Tour began.
The trend shown above mirrors the one in the previous chart about album sales. After "1989", both album sales and âpopularityâ declined.
The Economist even argues that in 2019, Ms. Swift was just a couple of (weak) albums away from a Las Vegas residency, the infamous musiciansâ grave.
Then something changed.
During the pandemic Swift was exceptionally productive. While she would normally release an album every two or three years, since 2020 she has released four original albums, plus four re-recordings. Her last albumâs special edition, âThe Tortured Poets Department: Anthologyâ features as many as 31 tracks!
However, can you name one or more of these songs? Unless you're a Swiftie, there aren't many chances you can. I can't.
This brings me to the main point of this article.
Taylor Swiftâs latest success spike, which we can easily dub âSwiftmaniaâ, has little to do with music and more to do with savvy commercial acumen and ruthless business practices.
Her business skills are well known in the industry. You might even hear economists discussing "Swiftonomics", "Taylornomics", or "Swift Inc", to describe the characteristics of her incredible commercial success.
Like many successful CEOs she performed a turnaround during the pandemic.
After massive hits like "Shake It Off" and "Blank Space", Swift didn't manage to replicate the same success with her following albums, "Reputation" and "Lover".
I remember I was working for the largest book and music retailer in Ireland at the time Reputation was released in 2017 and word spread among colleagues that Taylor Swiftâs new album + magazine + special edition would have made our Christmas. Not only this didnât happen, but the bestsellers of that season were a book about the Irish Revolution and a book about Trump. Very far from anything Taylor-related.
I'm sure Swift's releases are now among my former employer's bestsellers.
So what happened?
As often occurs in business, and especially in politics, she played the victim. She went even further by specifically portraying herself as a woman victim in a male-dominated music industry. This resonated strongly in the post-pandemic world, especially among her mostly young female fans.
What was she the victim of?
When a record label or any other investor finances the production of an album (which can be very expensive, costing up to hundreds of thousands of dollars), they usually keep ownership of the master recordings. Master recordings are the actual recordings of the songs, not to be confused with the songs themselves, whose ownership and copyright is regulated differently.
Like a venture capitalist in tech, a record label takes the risk of producing a debut album and keeps a stake in it (either full or partial ownership of the recordings) to profit from its potential success. Itâs common practice.
That is what Big Machine Records did in the early 2000s when it produced and promoted Taylorâs first six albums.
The problem is that the owner of a master recording can do almost anything with it, as long as it doesnât harm the artist, in case the two entities donât match. They can resell it like any other asset. Recent history is full of examples: Bruce Springsteen, Katy Perry, and Justin Bieber all sold their stake in their master recordings to cash in millions.
On June 30th, 2019 it was announced that Big Machine Records and its music catalogue was sold to a fund owned by Scooter Braun, a successful music entrepreneur who discovered and launched Justin Bieber.
Taylor strongly disliked Braun, she called him a âbullyâ. She couldnât stand the fact that he owned her recordings. Therefore, she wanted them back.
Now, itâs common for successful artists to eventually buy their masters back when they can finally afford them. Rihanna did so in 2016 and Dua Lipa in 2023, just to mention some fellow pop stars. But neither of them made a PR case out of it. Probably because they managed to finalise the purchase, while Swift never has.
Taylor publicly complained in 2019 that Big Machine, and later Braun, refused to sell her the masters. The real story seems to be more complex, as explained by The Economist.
Big Machine offered Swift a renewal of their contract, which was due to expire in 2018. The new terms would have signed Swift for several years and given her ownership of her first six albumsâ masters in return. She didnât find the deal fair and left the label instead, thereby giving up the chance to regain ownership of her catalogue.
Subsequently, Braun reportedly offered Swift her masters for $300 million. She apparently declined, possibly because she couldnât afford it at the time.
Swift is now a billionaire, especially thanks to her "Eras Tour," but in 2019 her net worth was estimated to be around $325 million. It has skyrocketed since then.
She would go on TV shows to explain how she was a victim of this situation, often hinting at a dark, male-dominated music industry. She would use terms like "bully," "aggression," and "strip of lifeâs work" (similar to stripping of clothes, I guess). Not by coincidence, the years 2018-2020 were also the peak of the Me Too movement. She managed to control the narrative at the right time and guide her fans in her favour.
The same happened several other times when she showed ruthless business behaviour but always kept the fans on her side, turning them against others.
For example, her Eras Tour tickets are extremely high-priced, with people reportedly paying several hundred dollars/euros for regular tickets and even thousands for second-hand ones. Such high prices are also determined by the practice of dynamic pricing, which is very common for airlines but definitely not common for live events. Swift was certainly happy to use dynamic pricing and to set a high floor price. She also decided to sell as many tickets as possible in one go in autumn 2022 to make a big splash and secure some sold-out shows in advance. This caused Ticketmaster to go down due to high demand, leaving many fans stranded. In both instances, she managed to divert fansâ anger towards Ticketmaster, which they saw as a monopolist taking advantage of them. In fact, it might have been the opposite.
Because of dynamic pricing, itâs hard to establish the average price paid for an Eras Tour ticket, but estimates from Bloomberg say itâs around $250, one of the highest ticket prices among pop star peers.
Even before the Eras Tour, Taylor's shows were already among the priciest, as Bloomberg reports.
In early 2024, when Universal Music Group, Swiftâs current label, fell out with TikTok over royalty payments, all of Universalâs songs were removed from the social media platform.
But Taylor was planning to release her âThe Tortured Poets Departmentâ album soon and couldnât afford to be left out of TikTok, today's biggest music promotion machine.
Thanks to her bargaining power, she could bypass the Universal boycott and bring her music back to TikTok shortly after the ban. Other Universal artists like Ariana Grande had to wait another month for the dispute to be resolved.
Wasn't she the paladin of artists justice?
Universal boycotted TikTok because of low royalty payments (which is bad for artists too), the same reason why Swift boycotted Spotify in 2014 and removed all her catalogue from the streaming platform. (brought it back in 2017)
I have nothing against resolute business practices, but this doesn't align with the image the pop star projects to her fans.
Her business "ruthlessness" seems to date back to her early days, when her father, a Merrill Lynch veteran banker, was managing her career.
Daniel Dymtrow, who previously managed Britney Spears, discovered Swift and started working with her in 2003. He was instrumental in her success and negotiated the deal with Big Machine Records, which produced and released her first six albums, including the â1989â hits.
Taylorâs father reportedly wrote Dymtrow in an email: âI always tell you but thank you so much for making our lives magical. We wouldnât be in Nashville if it wasnât for you.â However, he left him stranded with pennies once the deal with Big Machine was done, apparently scheming behind his back with Borchetta, Big Machine owner. Swift's father reportedly wrote to Borchetta: âEnough with the Dymtrow. You asked me to break both his legs, wrap him in chains and throw him in the lake. I did.â
Dymtrow eventually sued the Swifts for âunjust enrichmentâ and settled out of court. God knows how much he was paid to settle.
Now that I've stated the facts, I want to express my personal views.
Taylor Swift's music career peaked in 2014 with her â1989â album, which contained some undisputed great pop hits. However, after that, there wasn't much else. The other day, I listened to her latest albums and struggled to tell when one song was ending and a new one was starting. I believe her business acumen makes up for a lack of musical inventiveness. I would add that her business skills also make up for a lack of vocal talent compared to colleagues like Ariana Grande, Rihanna, Beyonce, or even Katy Perry. This shouldn't surprise. Madonna before her also wasn't known to be a great singer. However, Madonna unlike Taylor, was able to artistically evolve and explore new creative solutions and sounds with each album until at least her late 40s. This can hardly be said of Swift, who, with some exceptions, has been playing the same song for almost 20 years. When the formula works, why change it, just like CocaCola.
Also, the fact that she plays the role of a female hero is ironic.
âLooking for a man in finance, 6â5â, blue eyes.â Taylor is the female equivalent of that. Tall, long blonde hair, bright blue eyes, white upper-class American. She had romantic relationships with tens of famous handsome celebrities, from Harry Styles to John Mayer. Can she be more stereotypical than that?
And yet, her current public image embodies women's struggles and uniqueness. She empowers them to live on their own terms, which, ironically, also means spending hundreds of dollars to see her shows.
It is this exact image, carefully strategised with marketing craft, that made her turnaround possible and turned her into the huge star and billionaire she is today.
But I have to give her credit for one thing: sheâs the first female billionaire who made her fortune solely from music. Rihanna is also a billionaire but made most of her fortune from her beauty business rather than from music. I think it's a great achievement that should be celebrated by music fans like myself.
On the other hand, you might see the glass as half-empty by saying that if this is how you make it in music, then I prefer the likes of Rihanna, who retired from music before it was too late.
PS.
Iâm clearly a Rihanna, Madonna and now Ariana fan, some views might be biased :)
Amazon Turns 30. The Next Decade is Going to Be Exciting, But Also Challenging
As Amazon turns 30 this week, there's a lot to celebrate, but also threats and challenges ahead. Read more to see why.
This week, Amazon turns 30. What a ride it's been since the first book was delivered in 1994!
Its 30s look bright, but not without threats and challenges.
Opportunities
Ads
- Amazonâs advertising business is the third-largest in the world, behind Google and Meta. It represents only 8% of total revenue but is estimated to have gross margins of 40%, much higher than the slim margins of the retail business and even higher than AWS. Itâs also the fastest growing segment.
- In January, Amazon Prime Video started showing ads to viewers in the US, UK, Canada, and Germany. It is estimated that only one in seven Prime users will upgrade to the more expensive ad-free tier.
This leaves around 260 million Prime members as potential viewers of ads! - To attract even more viewers, Amazon is signing multi-billion dollar deals with MrBeast, the NBA, and the NFL.
AWS (Amazon Web Services)
Since the Ai frenzy, itâs been a boom time for cloud computing. AWS's strength lies not only in its high-spending customer base but also in internal synergies. Thanks to AWS, Amazon can develop innovative Ai applications for its retail and ad business, giving it an even greater advantage over retail competitors.
Threats
Competition
Yes, even giants like Amazon have competition.
- Google, Meta, and more recently TikTok, are trying to break into the ecommerce business. The opportunity is huge, with one in five shoppers starting their purchase journey on social media, but only 7% completing it there. Statista estimates global social commerce to grow threefold from now to 2028!
- Walmart, the worldâs largest retailer, is pushing its advertising business and exploring TV commerce with its recent acquisition of VIZIO.
- On the Ai front, Microsoft is clearly in the lead thanks to its partnership with OpenAI.
Regulatory Concerns
By bundling more services, Amazon might attract the attention of competition regulators.
Last year, Americaâs Federal Trade Commission (FTC) filed a lawsuit against it, although this had little impact on the share price or investor sentiment, for now.
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Looking forward to the next decade!
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Record Labels Sue Music Ai Generators, Dejavu of The 2000s
Record labels are suing Ai music companies like they did with Napster in the 2000s. It didn't end up well for them.
Major record labels are suing Ai music companies Suno and Udio for copyright infringement.
Only last week, I posted a song on Linkedin I made with Suno, and in the comments, we were discussing this very topic. It was just a matter of time before lawsuits started.
Itâs been a busy month for lawyers since also Perplexity, my favorite Ai search engine, was recently accused of âripping offâ othersâ work without proper attribution or permission.
Nothing of this is new.
In the early 2000s, when music peer-to-peer sharing peaked, record labels sued everyone, from tech companies to end users. It seems it didnât work out, and a new industry emerged: online music streaming.
I don't see how this time can be different.
At the end of the day, Ai doesn't do anything that a human couldn't also do.
To use Benedict Evans' words, Ai is just "infinite interns" at your disposal.
Even human musicians create music based on their experience and taste, developed after years of listening to and learning from others' music.
The new problem, though, is scale.
Thanks to Ai tools, it's now much easier and faster to create original music. This will inevitably have a significant impact on the music industry. But it's not about copyright; it's about the inflated music supply and competition. More songs on Spotify mean more people to share the revenue with.
Like everything else in the world of Ai, good quality work will remain and continue to be made by humans. However, low-quality work will easily be replaced.
I just read the news about a major label signing the "artist" behind "Looking for a Man in Finance." If signing viral 19-second sounds is labels' strategy for the future, then yes, I'm not surprised they're scared of Ai!
What Does âOtheringâ Mean?
Othering is when we identify other groups of people as not fitting in with our own group. Businesses should take note.
Sunday thoughts: what is âotheringâ?
Othering is when we identify other groups of people as not fitting in with our own group. Itâs literally us and the âothersâ.
It's often used with a negative connotation of "us vs them". It can be about skin colour, nationality, gender orientation, religion, age, and more. For example, locals vs immigrants, white vs black, Christians vs Muslims, etc.
Although some forms of âotheringâ have always existed, for example the ones mentioned above, I now see there are newer, more subtle forms of âotheringâ that seriously concern me.
The conservative vs liberal debate is gaining momentum in Europe and the US reaching violent tipping points. This time itâs âus vs themâ all within the âusâ.
White American/European conservatives are violently infuriated against their liberal counterparts, and vice versa. What used to be just a political opinion is becoming a dangerous ideology that goes beyond the typical forms of "othering" described above.
A conservative American might get along with a conservative Eastern European, for example, although far in geography, culture and religion. Similarly, a young hard-right Gen Z will likely get along with a 90-year-old former fascist, despite having little else in common.
Both sides are going to extremes, claiming only they are right while everyone else is wrong. Social media is obviously a great catalyst for this.
I was reading some articles about this and how it impacts the world of work and business.
Customers, employees, and stakeholders are increasingly angry and expect companies to always take a side in political and social matters. Itâs not possible to stay neutral or simply avoid the debate.
Disney faced trouble for staying silent regarding Floridaâs âDon't Say Gayâ bill in 2022. Coca-Cola and Delta Air Lines had similar problems for not promptly condemning Georgia's restrictive voting rights bills in 2021.
Itâs not up to me to judge these companiesâ actions, but one thing is certain: the debate is increasingly polarised, either-or, right or wrong, often reduced to a simple dichotomy instead of informed analysis. Also, the level of violence and outrage is rising.
How can companies, managers, and employees navigate all of this?
I wish I knew!
Try again with a different filter!