GPT3 writing code. A compiler from natural language to code.
People don't understand — this will change absolutely everything. We're decoupling human horsepower from code production. The intellectual equivalent of the discovery of the engine. https://t.co/QGJbQRBdQv
Shopify in 2019:
$642M subscription revenue
$1.6B total revenue
1.1M customers
Shopify built a massive business with $600 of subscription revenue and $1500 of total revenue per customer per year.
Capturing the long tail of internet businesses is spectacular.
I co-founded @reddit 15 years ago to help people find community and a sense of belonging.
It is long overdue to do the right thing. I’m doing this for me, for my family, and for my country.
My conversation with one of my favorite business thinkers, @benthompson. We discuss:
- what if "disruption" is over?
- aggregation theory, platforms, and tech infrastructure
- how the internet changes the constraints that matter for business
Jam packed
https://t.co/nucGigEWo0
Target’s e-commerce growth continues to be remarkable:
Feb 2020: 33% growth
Mar 2020: 100% growth
Apr 2020: 282% growth
Same-day service grew 278%
80% of digital sales fulfilled by Target stores
Target’s e-commerce revenue this quarter reached $3B, growing 141% annually.
Stunning growth across the board:
March 2015 revenue run-rate:
Amazon AWS: $6B
Microsoft Azure: $1B
Google GCP: $0.2B
March 2020 revenue run-rate:
Amazon AWS: $41B, 7x growth
Microsoft Azure: $20B, 20x growth
Google GCP: $7B, 30x growth
Dramatic shift in enterprise software.
Exceptional Q1 from Google Cloud (GCP & G-Suite):
$11B revenue run-rate
Growing 52%
GCP:
Likely growing ~80%
Large customer wins
G-Suite:
Likely growing ~25%
Meet (video conferencing) adding 3M new users per day, 100M DAU, 30x growth since Jan 2020
Remarkable momentum.
All elevators, doors, faucets, and handles will go to voice or gesture based activation as standard.
The technology now exists for hands-free everything. This is going to be hygiene 2.0 across society, at least in Asia.
Stunning chart.
The global airline industry is poised to have the worst year in history... worse than 2001 and the financial crisis https://t.co/6GDk8uervs