Technological advancements have eroded privacy, hindering personal growth and intimacy.
Profitable companies like Netflix can struggle to generate cash despite their success.
Deep dives
Importance of Privacy
One of the key discussions in the podcast revolves around the importance of privacy. Privacy is seen as a form of freedom that allows individuals to explore themselves, test boundaries, and have ownership over their own sense of self. The podcast highlights how technological advancements, such as smartphones and devices like Alexa and Fitbit, have eroded privacy, collecting personal data and leaving no space for individuals to freely express themselves. The loss of privacy is seen as a concern, as it hinders personal growth and intimacy.
Challenges for Profitable Companies
The podcast also delves into the financial challenges faced by profitable companies. A specific example discussed is Netflix, which is burning through cash despite being profitable. This is used as an illustration of companies that may struggle to generate cash despite their success. Another example raised is the grocery market, where it is suggested that although it is a huge market, it can be difficult to make consistent profits due to slim profit margins. These examples highlight the complexities and potential pitfalls of running a successful business.
It’s a wrap for Season 2, as Youngme Moon, Felix Oberholzer-Gee, and Mihir Desai head off on a summer hiatus. Note to listeners: After Hours will return for Season 3 in the fall.
You can email your comments and ideas for future episodes to: harvardafterhours@gmail.com. You can follow Youngme and Mihir on Twitter at: @YoungmeMoon and @DesaiMihirA.