
The Best One Yet
š āThe Ring Price Plummetā ā Diamondsā lab-grown disruption. YouTubeās Millennials vs Gen Z. Polestarās electric car smartphone.
Sep 7, 2023
Diamond prices have plummeted by 40% due to the rise of lab-grown diamonds. YouTube Shorts is causing an existential crisis as Gen Z YouTube takes over, while Polestar, an electric car company, is launching a smartphone.
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Quick takeaways
- Lab-grown diamonds have caused a 40% drop in diamond prices, highlighting the disruptive power of this quiet industry.
- YouTube is grappling with the rise of its short-form video feature, shorts, which poses profitability challenges and internal conflicts.
Deep dives
Lab-grown diamonds disrupt the industry with lower prices
Lab-grown diamonds now make up 30% of the diamond market, leading to a drop in diamond prices. Disruption in industries doesn't have to be loud, as the lab-grown diamond industry shows with its quiet but significant impact.
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