Plain English with Derek Thompson Four Megatrends for 2024 in Tech, Economics, Media, and Weird Science
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Jan 3, 2024 Dive into the most compelling trends shaping our world! Discover the optimistic economic outlook for 2024 and the evolving landscape of Big Tech amid antitrust challenges. Learn about the shifting dynamics in sports media as cable subscriptions decline and tech companies step in. Plus, explore groundbreaking discoveries that raise the tantalizing prospect of extraterrestrial life on Mars and beyond. This discussion connects the dots between economics, technology, and the mysteries of the universe.
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2024 Economic Megatrend: The Big Softie
- The 2024 economic megatrend is "The Big Softie", a softening across key indicators.
- This includes weak but positive growth, lower inflation, and a return to normalcy.
Big Tech's Late Gilded Age
- Big tech, like the Gilded Age giants, faces increased antitrust scrutiny.
- This "late gilded age" phase involves lawsuits and legal battles, potentially impacting innovation.
Sports Media's New Sugar Daddy
- Sports media needs a new financial backer as cable bundles decline.
- Tech companies like Amazon might become major players in sports streaming rights.