TLDR

How Duolingo Fixed AI

Nov 27, 2024

Elamin Abdelmahmoud, a culture writer and author, joins the discussion. He highlights Duolingo's remarkable AI transformation, boosting user engagement and redefining language learning. The talk shifts to Canada Post's financial struggles, weighing its public service role against profitability. Lastly, they dissect the indie film 'Anora,' celebrating its unique release strategy that fosters community buzz and the evolving landscape of movie distribution amidst streaming's rise.

23:05

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Episode guests

Elamin Abdelmahmoud

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Duolingo has successfully utilized AI and gamification to significantly enhance user engagement and achieve approximately $100 million in annual profits.

The movie 'Anora' exemplifies a strategic platform release that harnesses word-of-mouth marketing, allowing it to flourish despite competition from major franchises.

Deep dives

Canada Post's Financial Struggles

Canada Post is experiencing significant financial losses, reportedly losing $3 billion over the past six years. The drastic decline in letter mail volume, which peaked in 2006, is largely responsible for the reduction in revenue, as households now receive an average of just two letters per week. While Canada Post has a monopoly on letter mail delivery, the increase in package deliveries does not provide sufficient income to offset its operational costs, especially under the obligation to serve all Canadians regardless of their location. Proposals for restructuring suggest either cutting services or introducing new offerings, such as postal banking, to ensure economic sustainability while fulfilling its mandate.

Intro

2min

Canada Post: Financial Struggles and Future Outlook

7min

Duolingo's AI-Driven Renaissance

6min

The Success of 'Anora': A New Model for Indie Films

4min

The Evolution of Movie Distribution and Its Impact on Art

4min

The AI revolution has produced some surprising winners and losers. On this week’s TLDR, why everyone’s favorite language learning app is coming out strong. Plus, Canada Post has been hemorrhaging money. Should it be allowed to? And, what the buzz around Anora teaches us about making money at the movies.

This episode was hosted by Devin Friedman, business reporter Sarah Rieger, former hedgefunder Matthew Karasz and cultural commentator Elamin Abdelmahmoud. Follow us on other platforms, or subscribe to our weekly newsletter: linkin.bio/tldr

The TLDR Podcast is offered by Wealthsimple Media Inc. and is for informational purposes only. The content in the TLDR Podcast is not investment advice, a recommendation to buy or sell assets or securities, and does not represent the views of Wealthsimple Financial Corp or any of its other subsidiaries or affiliates. Wealthsimple Media Inc. does not endorse any third-party views referenced in this content. More information at wealthsimple.com/tldr.

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