It’s beginning to look a lot like cable. 85% of US households have at least one video streaming subscription. Many subscribe to five or more. The fastest growing segment of streaming is ad-supported, and Netflix and Disney are both about to start running ads as well. The total price of a household’s streaming subscriptions, the […]
Category Archives: Technology
A Peek at The Apple Car
Apple’s electric vehicle project is codenamed “Titan.” It began in 2014. The company has devoted more than 5,000 employees to it over the past five years or so, most of whom work at a secret location not far from Apple’s headquarters in Cupertino, California. The car will be a fully autonomous self-driving vehicle, at the […]
Also posted in Kelly Letter Podcast
Tagged AAPL, Apple Car, self-driving cars, Titan
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The Metaverse is Growing 47% a Year
Will the metaverse be worth $427B in five years? On Monday, Markets and Markets Research released a report saying that it expects the metaverse market to achieve a compound annual growth rate of 47% for the next five years, taking its market size from $62B now to $427B in 2027. That’s on a par with […]
Also posted in Kelly Letter Podcast
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Tech is Rested and Ready
Since March 20, 2020, the Nasdaq 100 has risen 95% compared with 82% for the S&P 500. Year-to-date, however, they switched leadership positions: Price Change Since 3/20/20 (%) – – – – – – – – – – – – – – – 95.3 Nasdaq 100 82.1 S&P 500 Price Change Year-to-Date (%) – – […]
Also posted in TQQQ
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The Dangers of Artificial Intelligence
In his book, Our Final Invention: Artificial Intelligence and the End of the Human Era, James Barrat argues that we may be only a decade away from AI that surpasses human intelligence. On the heels of last Sunday’s Kelly Letter reporting that IBM is developing its Watson supercomputer into a cloud-based decision making service for […]
