Just watched your tedtalk. NYU alumni wishing I went to stern instead of Tisch, lmao. Scott. Your vulnerability was amazing to witness. And how you delivered so much of your information, as well as clearly stating facts when it came to health, etc. amazing! Thank you for standing up for the youths the way you do!
Great take on Netflix Houses. I can totally see Netflix opening an 80s indoor Mall Experience a la Stranger Things! I would go, more so if they had retro TVs, equipment and audio gear. Show the kids how we grew up. Love it! Also indoor takes care of dealing with the heat in summers in Dallas!
And I could totally see Ed’s “Vision” of the Vision Pro at these Netflix House, where people would do a VR ride with the next generation Vision headsets.
19:00 - Given project revenue and free cash flow beyond early 2025 , Nvidia share price will go back down close to the $2 trillion. Maybe not next quarterly result, maybe not the next after that, but it will. The growth (still big) is projected to slow down after that. I guess the big players will have a bunch of operating AI datacenters and will still need more but not at the same pace. Also, AMD and Intel might finally be somewhat competitive, at least for some of the AI tasks (inferring mostly, not training the models). Projections can be wrong , but no hardware company can justify the current multiples Nvidia currently has.
Regarding apple & VR: personal take is that monitors will become a thing of the past. Having unlimited virtual screens for 500$ and unlimited mobility vs 3 150$ monitors and no desk space is a great value imho. Office spaces are going to get a bit more dystopian very soon!
There was a line in the movie "Soap Dish", where the studio head says he wants, "Something cheap and peppy". It sounds like that's what Netflix wants, too.
Regarding Nvidia employee stocks. I lived through the tech bubble and was directly involved in it. I vividly recall the meteoric rise in Stocks like Lucent, ADC , Northern telecom and juniper networks. Scott was Right on in his recommendation to sell and diversify. I was lucky… thousands of others saw their stockholdings vaporize in a very short period of time.
On the discussion around Netflix going experiential: they could be looking at something similar to Secret Cinema here in the UK, where a classic movie is turned into a whole branded experience. This would work extremely well with Netflix's own IP.
I was a developer at Apple after Steve Jobs left the first time. Apple then went into a kind of hibernation mode for innovation and the stock slowly eroded. Since Jobs has gone I don't really see any innovation. Vision Pro, AI, Siri, etc... they are just playing it safe and have no vision or leadership. It's sad. If Jobs were around he would have introduced an AI that would have blown us all away and have been way out ahead of all the others companies.
Great show. I think you are missing Vision Pro’s potential. As the form factor becomes smaller and the tech improves, I have no doubt that it will replace most mobile computers. Right now it is more like a concept product but in 10-20 years, it will be ubiquitous like the Apple Watch.
Come on man, there's soooo much to do! Golf, rock climbing, swimming, pool, bowling, strippers, fishing, QANON rally, shooting, wedding crashing, race track, casino, or just go to a park and bring a frisby, football and lighter fluid. Come on man, when was the last time you asked a friend, "hey, wouldn't it be a awesome if we lit a fire," and they said no? Teens never say no to fire; you always get dogs and s'mores with no dishes but earn tons of kid-cred for taking the easy route. Swimming, culture centres, sky diving, volunteering, home improvement, concerts, block parties, music studio and rent instruments, hackathons, cruise night, go karts... Like go karts man!! How can you not find things to do with kids?! You can do everything and there aren't enough weeks of the year to do anything more than 4 times a year.
My son is an Apple evangelical, & he brought the Apple Vision Pro. He’s a MD & uses it to scroll through patient records. I tried it, touched the dinosaur, then got dizzy after removing them. He loves them. He expected me to buy one. Nope! My iPad is just fine!
Cannes sounds awesome, France in general seems like an awesome progressive wonderland. They purchased like 300,000 condoms for the summer olympics, that in itself would make me come there
The Netflix venues may be small enough where they can load the 'stuff' on semis and take them to new cities every two-three years. The Mountain comes to Mohammed.
Anyone that thinks that being immersed in the game would be better has never stood on the terrace at Millwall FC with a steady river of bodily fluids streaming.
Scott doesn’t realize that the Apple face mask thingy is not for dudes in their 50’s like him. In a couple of years when perfected all you gotta do is hand it to a 10 year old and they’ll never take it off… People already hold the iPhone, wear the watch, and stick the buds in their ears…
Scott, I think you are really over estimating Netflix's IP...especially compared to Disney's. You also completely miss the Disney experience versus other Theme Parks and like entities. Part of what make Disney so expensive (besides their crazy pricing in general) is how they run their parks versus others. It is labor intensive and appearances are very high...it's expensive. You can't get to 60-70% of that with a casual approach. Disney's IP can involve the entire family and from everywhere in the world. Netflix will have segments of the family and possibly from just parts of the world. It is going to be a much lower draw and bound to age poorly. Disney's IP is, typically, timeless (and one of their issues with new products is how dated they are making them). I agree that families need places to go that are not the expense of Disney. I'm just not sure a Netflix "park" is the answer to that. There are theme parks, National Parks and countless other tourist attraction places all over the country and they don't cost Disney prices and provide a greater look of the country. As for streaming. I agree that Disney should be able to survive if they would just figure out where streaming should sit in their portfolio of content as well as making content that is heavier on entertainment and lighter on messaging or "ticking-boxes." As for Netflix, obviously, unless they do something really dumb, they should do as well or better than the other streamers and should survive. I've found their documentaries to be a goldmine but there is something about all Netflix content...it is like this "B-level" quality of story development and production. It isn't necessarily bad but I've yet to see any of their movies that I would consider good/great movies, on their own. Their series can be quite good, as series go and that is where I think streaming makes the most sense...serialized "TV." Not one-and-done movie viewings. An exception I'd say are documentaries. However, those are normally low budget anyway.
I really dont see the issues Scott have with X. I have yet to see a swatzika, and if there is an arsehat posting, I just block them. Same as with every social media, even TH-cam.
Twitter is just a cesspool now, much more than it was pre 2022. It's crazy how much curation you have to do now versus before. I can see brands now wanting to be associated with the random posts that appear on users' feeds.
Hey Ed... I could watch the game while I do something else, or I could put on a headset and not move or be productive, because watching the game alone isn't better when I could be enjoying doing chores rather than being uncomfortable trying to have a moment I could never share not even as a story anyone would listen to? What experience telling your lived ones you practically see a concert a f sports venue every day"? Nobody cares and you'll get lazier and apathetic to the novelty too. Just watch a game on a screen while you vacuum, or make breakfast like you believe liverpool can stay at the top of the premier league until the end of a season. You can't even make muffins with that headset on while commercials blast you on the face like a bukake impark parking lot (where you'd pay for the privilege of being there on camera and the centre of attention).
So Lucky cooks up Oculus. Zuck is thrilled and buys the company. Palmer decides to join the military-industrial complex. Zuck hemorrhages money trying to make it the next big thing. Microsoft does Hololens and figures out in a hurry this isn't for consumers. Magic Leap tanks. Cook looks at all of this and says "oh yeah, me too". Vision Pro becomes interesting to most because it came from Apple, and rapidly turns into a gotta have for few. Apple is not what it was.
I don't have kids, but I have goddaughters, and their dad, my best friend, somehow figured out how to keep his kids off of social media (by not buying them smartphones). It's not rocket science.
Space X will not IPO in 2025. WRONG, it is the last shell in the shell game. If it IPOs , he has to open the books to all the self dealing and buying of debt between entities he owns
re long time nvidia employees hitting the windfall. You guys keep talking about employees from 5+ years ago as if most would have held their entire stock grant. You yourselves have already strongly recommended selling out of single stock investments and diversifying. So if prudent employees did that and have been regularly selling, there wouldn't "thousands" of employees hitting $10M. Sure, there are going to be some HODL that hit the jackpot but I think you have to stop assuming everyone at nvidia hit an 8 figure lottery. I'm by no means saying they aren't very well off - but only the select few that held a lot of shares during this accumulation phase would be these winners.
scott goes full boomer over vision pro. like obviously they will iterate and bring the price down. as the technology improves they will become more popular. just because its not for him he's convinced nobody else can enjoy it. bizarre
@@jimmyfrost2091 I got that point but I’m saying it isolates you and makes it appear that you are in a stadium. Just like prof said, people will rather buy a bigger flatscreen for that experience where others actual people are around them. Isn’t multi screens in sports a thing now?
We need Prof G Markets podcast at least 3 times a week...not only it's informative but fking hilarious.
Thanks Scott and Ed!
So appreciate your openness, experience and wisdom!
Fav podcast ever!!!
Funniest episode to date. I was literally laughing out loud listening to this episode in bed. Almost woke the wife!
Great show guys! 👏
Just watched your tedtalk. NYU alumni wishing I went to stern instead of Tisch, lmao. Scott. Your vulnerability was amazing to witness. And how you delivered so much of your information, as well as clearly stating facts when it came to health, etc. amazing!
Thank you for standing up for the youths the way you do!
I loved, I laughed, and I learned.
I think NVIDIA employees heard the call to sell today. lol
I forgot how badly the crude jokes make me giggle :)
Great take on Netflix Houses. I can totally see Netflix opening an 80s indoor Mall Experience a la Stranger Things! I would go, more so if they had retro TVs, equipment and audio gear. Show the kids how we grew up. Love it! Also indoor takes care of dealing with the heat in summers in Dallas!
And I could totally see Ed’s “Vision” of the Vision Pro at these Netflix House, where people would do a VR ride with the next generation Vision headsets.
19:00 - Given project revenue and free cash flow beyond early 2025 , Nvidia share price will go back down close to the $2 trillion. Maybe not next quarterly result, maybe not the next after that, but it will. The growth (still big) is projected to slow down after that. I guess the big players will have a bunch of operating AI datacenters and will still need more but not at the same pace. Also, AMD and Intel might finally be somewhat competitive, at least for some of the AI tasks (inferring mostly, not training the models).
Projections can be wrong , but no hardware company can justify the current multiples Nvidia currently has.
6min. Prices are not coming down. This would be deflation. The lower inflation means that the rate of price increase is smaller.
Great episode. Smart and insightful as always. Thanks.
Brilliant as always
Regarding apple & VR: personal take is that monitors will become a thing of the past. Having unlimited virtual screens for 500$ and unlimited mobility vs 3 150$ monitors and no desk space is a great value imho.
Office spaces are going to get a bit more dystopian very soon!
Agreed, it’s definitely going to be in our future. I can imagine wearing this and going through memories on my death bed.
There was a line in the movie "Soap Dish", where the studio head says he wants, "Something cheap and peppy". It sounds like that's what Netflix wants, too.
28:03 you could say they need "vast tracts of land".... 😅
Regarding Nvidia employee stocks. I lived through the tech bubble and was directly involved in it. I vividly recall the meteoric rise in Stocks like Lucent, ADC , Northern telecom and juniper networks. Scott was Right on in his recommendation to sell and diversify. I was lucky… thousands of others saw their stockholdings vaporize in a very short period of time.
On the discussion around Netflix going experiential: they could be looking at something similar to Secret Cinema here in the UK, where a classic movie is turned into a whole branded experience. This would work extremely well with Netflix's own IP.
Being a parent, these are the biggest challenges of taking kids out and theres nothing much... Big companies are not listening.....
Cut your winnings….people talk about cut your losses…Scott is right, be smart
Needed to hear this a few years ago when I didn't sell my IPOs....which are more than 90% down now 😑
I was a developer at Apple after Steve Jobs left the first time. Apple then went into a kind of hibernation mode for innovation and the stock slowly eroded. Since Jobs has gone I don't really see any innovation. Vision Pro, AI, Siri, etc... they are just playing it safe and have no vision or leadership. It's sad. If Jobs were around he would have introduced an AI that would have blown us all away and have been way out ahead of all the others companies.
Great show. I think you are missing Vision Pro’s potential. As the form factor becomes smaller and the tech improves, I have no doubt that it will replace most mobile computers. Right now it is more like a concept product but in 10-20 years, it will be ubiquitous like the Apple Watch.
Cream of some young guy. You're welcome.
Hahahahahahq
Sum ting wong with Scott 😂
Actually* its cream of sum yung gai 😅
Tune in for the opening joke; stay for the excellent content.
Come on man, there's soooo much to do! Golf, rock climbing, swimming, pool, bowling, strippers, fishing, QANON rally, shooting, wedding crashing, race track, casino, or just go to a park and bring a frisby, football and lighter fluid.
Come on man, when was the last time you asked a friend, "hey, wouldn't it be a awesome if we lit a fire," and they said no?
Teens never say no to fire; you always get dogs and s'mores with no dishes but earn tons of kid-cred for taking the easy route. Swimming, culture centres, sky diving, volunteering, home improvement, concerts, block parties, music studio and rent instruments, hackathons, cruise night, go karts... Like go karts man!! How can you not find things to do with kids?! You can do everything and there aren't enough weeks of the year to do anything more than 4 times a year.
My son is an Apple evangelical, & he brought the Apple Vision Pro. He’s a MD & uses it to scroll through patient records. I tried it, touched the dinosaur, then got dizzy after removing them. He loves them. He expected me to buy one. Nope! My iPad is just fine!
"just get em home and get em in bed so we can start drinking . . ." enough said 30:15
I can't stop laughing at 22:34
Cannes sounds awesome, France in general seems like an awesome progressive wonderland. They purchased like 300,000 condoms for the summer olympics, that in itself would make me come there
Lol, I see what u did there.
"Think about how desperate parents are." LOL
I'm excited for Netflix's reinvention of the theme park.
The Netflix centers make me think of stinky carpet and a Chuck E Cheese atmosphere.. 😕
The Netflix venues may be small enough where they can load the 'stuff' on semis and take them to new cities every two-three years. The Mountain comes to Mohammed.
Anyone that thinks that being immersed in the game would be better has never stood on the terrace at Millwall FC with a steady river of bodily fluids streaming.
Scott doesn’t realize that the Apple face mask thingy is not for dudes in their 50’s like him.
In a couple of years when perfected all you gotta do is hand it to a 10 year old and they’ll never take it off…
People already hold the iPhone, wear the watch, and stick the buds in their ears…
I thought your son swore off social media? Proud dad moment?
Did the Prof splurge for new teeth in France?
He got them a while ago. Perhaps 3-4 months back
I think when you stay in nice hotels in Cannes life size monopoly sounds lame.
Apple Vision Pro is bad ass come on now. Yes, it’s pricey but think about all of the practical stuff uses…. A ton.
Problem is no one is buying
Scott, I think you are really over estimating Netflix's IP...especially compared to Disney's. You also completely miss the Disney experience versus other Theme Parks and like entities. Part of what make Disney so expensive (besides their crazy pricing in general) is how they run their parks versus others. It is labor intensive and appearances are very high...it's expensive. You can't get to 60-70% of that with a casual approach.
Disney's IP can involve the entire family and from everywhere in the world. Netflix will have segments of the family and possibly from just parts of the world. It is going to be a much lower draw and bound to age poorly. Disney's IP is, typically, timeless (and one of their issues with new products is how dated they are making them).
I agree that families need places to go that are not the expense of Disney. I'm just not sure a Netflix "park" is the answer to that. There are theme parks, National Parks and countless other tourist attraction places all over the country and they don't cost Disney prices and provide a greater look of the country.
As for streaming. I agree that Disney should be able to survive if they would just figure out where streaming should sit in their portfolio of content as well as making content that is heavier on entertainment and lighter on messaging or "ticking-boxes."
As for Netflix, obviously, unless they do something really dumb, they should do as well or better than the other streamers and should survive. I've found their documentaries to be a goldmine but there is something about all Netflix content...it is like this "B-level" quality of story development and production. It isn't necessarily bad but I've yet to see any of their movies that I would consider good/great movies, on their own. Their series can be quite good, as series go and that is where I think streaming makes the most sense...serialized "TV." Not one-and-done movie viewings. An exception I'd say are documentaries. However, those are normally low budget anyway.
I really dont see the issues Scott have with X. I have yet to see a swatzika, and if there is an arsehat posting, I just block them. Same as with every social media, even TH-cam.
A quick screenshot and many can make hay about it. Many, like myself, will do what you do, but it only takes a few to give brands a big headache.
Twitter is just a cesspool now, much more than it was pre 2022. It's crazy how much curation you have to do now versus before.
I can see brands now wanting to be associated with the random posts that appear on users' feeds.
He just hates Elon and is biased against him cause he said tsla would fail but it went up 15x
Good job on tailoring your experience. However, I see far more racism and hatred on x than any other social media.
You go to the comments and they are worthless, not related at all to the original post, ads everywhere for junk or snake oils. It’s absolutely trash
Why are these shows posted 3 days after recording?? Slow editor? Old news......
I find myself on X much more than before. It seems more interesting, less filtered, news that would otherwise be removed.
More free that why people on the left hate it
Scott should take his kids to Meowwolf!
Geez Scott, you're using the old "cream of some young guy" joke? It's ancient, but gets a laugh every time.
Hey Ed... I could watch the game while I do something else, or I could put on a headset and not move or be productive, because watching the game alone isn't better when I could be enjoying doing chores rather than being uncomfortable trying to have a moment I could never share not even as a story anyone would listen to? What experience telling your lived ones you practically see a concert a f sports venue every day"? Nobody cares and you'll get lazier and apathetic to the novelty too. Just watch a game on a screen while you vacuum, or make breakfast like you believe liverpool can stay at the top of the premier league until the end of a season.
You can't even make muffins with that headset on while commercials blast you on the face like a bukake impark parking lot (where you'd pay for the privilege of being there on camera and the centre of attention).
So Lucky cooks up Oculus. Zuck is thrilled and buys the company. Palmer decides to join the military-industrial complex. Zuck hemorrhages money trying to make it the next big thing. Microsoft does Hololens and figures out in a hurry this isn't for consumers. Magic Leap tanks. Cook looks at all of this and says "oh yeah, me too". Vision Pro becomes interesting to most because it came from Apple, and rapidly turns into a gotta have for few. Apple is not what it was.
I don't have kids, but I have goddaughters, and their dad, my best friend, somehow figured out how to keep his kids off of social media (by not buying them smartphones). It's not rocket science.
beeping not fair
you're wrong about X. so wrong. where you gonna advertise, CNN?
VISION PRO AND OTHER COMPETITORS
HAVE SAME MEDICAL ISSUE WHERE HEADACHES OVER EXTENDED USE
We’ve moved on to Better help as a sponsor pretty soon prof G will be shilling Athletic Greens and then the transition is complete.
Netflix is lost. They don't know what to do next.
Prof G, I'm with u on the Nvidia advice but I can't help it to think: how much of the 39 billion of short positions on Nvidia is yours? 😅
Rogatiennnnnnnnnnnnnnn..............
Yes Nvidia has been doing great, but is it really “fabless”??
Space X will not IPO in 2025. WRONG, it is the last shell in the shell game. If it IPOs , he has to open the books to all the self dealing and buying of debt between entities he owns
I find the advertisements unenjoyab
I find comments on advertising being unenjoyable to be unenjoyable.
Scott’s kids will be such entitled brats. He is taking this “glutton / consume your wealth / YOLO” lifestyle too far I think. wish him luck
Nvidia is dipping a bit today.
Prof G's teeth are scaring me.
re long time nvidia employees hitting the windfall. You guys keep talking about employees from 5+ years ago as if most would have held their entire stock grant. You yourselves have already strongly recommended selling out of single stock investments and diversifying. So if prudent employees did that and have been regularly selling, there wouldn't "thousands" of employees hitting $10M.
Sure, there are going to be some HODL that hit the jackpot but I think you have to stop assuming everyone at nvidia hit an 8 figure lottery.
I'm by no means saying they aren't very well off - but only the select few that held a lot of shares during this accumulation phase would be these winners.
Dumb idea by Netflix. Literally makes no sense.
This Netflix thing is doomed. People go once and never go back. It's like Meowwolf.
scott goes full boomer over vision pro. like obviously they will iterate and bring the price down. as the technology improves they will become more popular. just because its not for him he's convinced nobody else can enjoy it. bizarre
Disney has ruined Star wars with its wokery.
I don't get how 70k is now worth over 10 million
Scott's glow is alcohol and ED medication
and veneers
scotty drunkeypoo
What's Scott going for with that white outdated old man's goatee and the overly white porcelain veneers. The Mel Gibson look?
So Ed you are willing to buy the Vision Pro to watch something as social as sports because it puts you in a virtual room with multiple screens? Lol
I believe he is saying it appears as if you are in the seats at the stadium. Not a virtual workspace like the "productivity" stuff.
@@jimmyfrost2091 I got that point but I’m saying it isolates you and makes it appear that you are in a stadium. Just like prof said, people will rather buy a bigger flatscreen for that experience where others actual people are around them. Isn’t multi screens in sports a thing now?