Entertainment Revolution Unleashed!
#58 Angelinvesting.it - From idea to Series A - Weekly Newsletter
Dear reader,
The rapid advancement of AI technology is not just changing the way we work; it's set to transform how we relax, play, and entertain ourselves. Here's a deep dive into why, I believe, entertainment sector is poised for unprecedented growth
The Dawn of a New Leisure Era
In a possible future where advancements in AI makes superintelligence widely available at a low cost, it's likely that:
Extended Lifespans: Advancements in genetics and AI could increase our life expectancy by 10-20% over the next two-three decades. This isn’t just more time—it’s more time to enjoy life.
Productivity super boost - do more in less time: A surge in productivity tools means more can be achieved with less effort, propelling us closer to the ideal of Nietzsche’s Übermensch—superhumans excelling in their pursuits.
Liberation from Drudgery: Robotics + AI will free people from repetitive, low-value, and often physically demanding jobs: 8 hours at a press in a factory, frying chips at McDonald's, or being an Investment Banking Analyst.
This vision echoes the predictions of John Maynard Keynes, who in 1930 foresaw a future where technological progress could reduce the workweek to just 15 hours, freeing us for leisure and exploration.
Fighting Boredom and Distraction Will Be a Priority
Imagine the workweek is reduced to 30 hours instead of 40, and the average lifespan increases by 10 years. That's 36,500 more free hours (365 days * 10 years * 10 more free hours). How utterly boring!
Except for some ascetics, a person with 36,000 more hours will need entertainment to avoid going insane. As Baudelaire wittily points out, boredom has always been our “eternal enemy”.
Moreover, the world we’ll live in won't be all roses. The inequality between the rich, riding the wave of cheap superintelligence, and former investment banking analysts, chip fryers, or press operators will become even more pronounced.
Picture a masseuse at a prestigious country club for the rich coming home, putting on her Apple Vision Pros, and escaping into a fairer world, a world that fully revolves around her.
Investing in entertainment has already proven to be a great opportunity.
The entertainment industry, particularly video gaming, is on a meteoric rise, projected to leap from a $250 billion valuation to $660 billion by 2030. This sector's growth isn’t just steady; it’s explosive, offering unprecedented opportunities for those ready to invest.
From private equity feasting on sports franchises to legendary moves like Michael Jordan’s acquisition and later sale of the Charlotte Hornets for a massive profit (a $3 billion upside), the message is clear: entertainment is on fire.
My dear reader, I trully believe that the opportunity to invest in entertainment is a second-order effect of AI growth that must be seized.
Have a great weekend,
Simone
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