Tom Bilyeu
๐ค SpeakerAppearances Over Time
Podcast Appearances
And the youth is what matters.
And so that's what scares me is that that will be God awful because it's all predicated on a misunderstanding of the economy.
But nonetheless, it is a thing that will get them elected so that they can rapidly destroy America.
But my advice, if I were saying you guys really want to run things for the next
25, 35 years would be that.
Now, all of that's in a bubble where AI doesn't just enslave or completely change society, but yeah, that would be my advice to them.
uh well that one is utterly fascinating seeing it devolve into a battle is pretty interesting so we'll see um i think netflix getting it is good and bad it's great if you want to be at home and pay one fee and get everything you want them to buy it if you
are a creative, you're going to hate it because they're just algorithms.
So at least the old Hollywood system for how corrupt and horrible it was, at least that was, they understood that creative talent ultimately wins the day.
And Hollywood is learning a different lesson, which is when you've got big data and algorithms controlling people's lives,
creatives are like whatever i just have to manipulate the dopamine loops of the people watching this thing and i will keep them coming back so stuff from the 90s over and over and over again and i don't have to pay a new fee yeah and just like with ai coming it's going to be wild so can you break down a hostile takeover so people know what paramount's doing because netflix was sending emails like hey guys we got them don't worry about it you're gonna be good and paramount's like hold my beer we're not done yet it's
Yeah.
So when you're a public company, you put shares out on the market, which usually have voting rights attached to it.
And so anybody can go buy those shares.
And if you can buy enough shares, you can become a significant enough shareholder where they have to listen to you.
And so a hostile takeover is where you basically get control of the board.
You have so much influence because you own so much of the stock.
that you can wrestle control of the company away from them.
Reason 462 why I do not want to have a public company.
It's like people do not understand the realities of how cutthroat business really can be.