How Big Business Got So… Dumb… | How Money Works

How Big Business Got So… Dumb… Go to https://hensonshaving.com/howmoneyworks then enter "howmoneyworks" at checkout to get a free tube of Shave Cream with your purchase of a Henson Razor. Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ My Other Channel: @HowHistoryWorks @HowMoneyWorksUncut Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #business #finance #technology Platforms and algorithms have changed dozens of the world's largest industries, oftentimes basically overnight. The way we listen to music, consume cinema, buy useless junk, spread conspiracy theories, find a partner or just order a kebab have all been redefined by just a small handful of companies. Of the top ten most valuable companies in the world SEVEN of them are still relatively new businesses that have dIsRuPted major industries. The message is obvious, if you can build a company that changes up the way that people do things with technology, you could become one of the richest people in history… The best part is!!... YOU DON’T EVEN NEED TO CHANGE IT FOR THE BETTER… This has created a problem in the Silicon Valley scene, where these innovators are trying to disrupt industries that… really shouldn’t be disrupted. Banking, medical care, mental health, real estate, transport and even good old communication are all imperfect industries… but sometimes the solution to problems are slow careful iterative improvements… NOT slapping an algorithm on top of it… Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - ---------------------- ---------- Keywords: private equity, business analysis, financial news, housing bubble, financial independence, financial education, debt crisis Learn more about your ad choices. Visit megaphone.fm/adchoices