Is AI the Hollywood Killer? + Amazon’s New Return to Work Policy | Prof G Markets

SpaceX Impact

SpaceX and Starlink are reshaping the market landscape, much like Netflix did to the entertainment industry. Scott Galloway highlights how Starlink's dominance in low orbit satellites is a game-changer for broadband services, potentially disrupting traditional companies like Viasat and Iridium 1. He notes the impressive infrastructure that SpaceX has built, allowing it to launch satellites at a fraction of the cost of competitors 2.

The company is trading at about a quarter of a trillion dollar market cap in the private market.

--- Scott Galloway

Ed Elson adds that Starlink's revenue is set to double that of OpenAI, underscoring its significant market impact 2.

   

Microsoft's Shift

Microsoft's strategic shift towards asset ownership is a notable trend in the corporate world. Ed Elson suggests that Microsoft is transitioning from a product-based company to an asset management firm, aligning with the idea that long-term success lies in owning substantial assets 3. Scott Galloway reflects on how companies with significant asset bases, like Berkshire Hathaway, have sustained their market positions over time 3.

It's to own shit. And I think that's really interesting.

--- Scott Galloway

This shift is part of a broader market trend, as evidenced by Microsoft's collaboration with BlackRock to invest in AI infrastructure 4.