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Alex Lane's avatar

Spot on.

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Jonathan Glazier's avatar

I think this is a fairly accurate projection of the future, certainly from the technology point of view. I think the horse to car analogy is very interesting. But I am struck by the simplicity. All that happened was the horse went. Yes there was infrastructure that disappeared but it was a simple one off that kicked off the change. And the change was static only today are we seeing the next evolution, the EV. And that’s a 130 year timeline. We are seeing technology that will be over taken before it is even used in production. And still it’s the business model that struggles, YouTube for free, vast profits for 0.001% of contributors and something between nothing and the price of a bag of crisps for the masses. HETV with HEPC (high end production costs) needing to encourage entire continents of subscribers meaning feeding the machine is an issue. Look at the release and strike rate of Apple TV and Disney+. The age old who is paying for the change? In your analogy we simply stopped buying horses and got a car instead, the hay was replaced with fuel and we all moved on. There was no free option like TikTok or YouTube. So I am not disagreeing I am simply saying yes but it’s complicated or as we are now prone to say nuanced!

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