Discover and read the best of Twitter Threads about #disruption

Most recents (3)

Let's start our #GlobalEChats on #music!

Among our #discussion topics: 1. #Stakeholders in music and what happens to them? 2. #Production of music 3. #Consumption of music 4. New #technology out there!
Firstly, let's talk about how scary #technology and #advancement can be to #music.

Some stats:
The US lost $12.5 billion a year in total sales due to pirated music.

71k jobs were lost; $2.7bn in annual earnings; $1.1bn of that would have been earned by the industry.
Source:

sheffieldav.com/education/how-…

But as with any #tech #disruption, there are always negative externalities.

In the #music industry, most of the bad press came from #piracy. Sites like Napster and P2P torrenting were rampant back in the day.
Read 12 tweets
If the Bitcoin price rises to over $1M, that would give ~100k bitcoiners "Ultra High Net Worth Individual" status (+$50M). With worldwide UHNWIs projected at only ~200k by 2022, this means the Bitcoin 1% could by then make up 30-50% of the world's financial elites. #Disruption
Using the same data and assumptions ($1M BTC), the number of Bitcoin billionaires could grow to over 1,000. For reference, Forbes currently counts 1,500 billionaires in the world. businessinsider.com/how-many-billi…
Read 4 tweets
The following two charts are particularly interesting:
1. #Defense #DoD spending on #AI: 2012-2017 (page 5)
2. #Chinese #investment in US #AI companies: 2010-2017 (page 20)
Read 15 tweets

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