Living Like the Jetsons
Punt, Pass and Stream
Household chores may soon be a thing of the past. Dyson is building robots to do everything from cleaning dishes to vacuuming furniture.
The Point: Anyone who grew up watching The Jetsons has patiently waited for their own Rosey the Robot. Dyson has already turned vacuum cleaners into designer goods. Now, they're out to disrupt the rest of the $450 billion a year home appliance market. If all goes to plan, dishwashers will be loading themselves by 2030. Right now, the robotic vacuum cleaning market is dominated by Roomba maker iRobot. They claim a 46% market share, as of 2020. However, that’s down from 63% in 2014 as more competitors have entered the space.
The NFL is preparing to launch a streaming service before next season kicks off.
The Point: NFL+ won't replace Sunday Ticket. That's to say, the $5 a month streaming service (that’s the estimated price) won't give subscribers an all-access pass to every game. Instead, the live games offered will be limited to what you already get in your local market. So then, what's the value here? The NFL is betting that people will shell out for additional content like podcasts and team-specific media. In addition, a streaming package will let the league collect more data on its fans.
The NFL has built a ~$15 billion a year empire, but it's lagged behind Major League Baseball and the NBA in building out its online offerings. That's not yet hindered growth, but the league knows it could be doing more. To that end, the NFL has been courting Apple and Amazon to take a stake in its media business to speed up the effort.
A survey commissioned by the World Economic Forum shows that half of adults are excited to jump into the metaverse.
The Point: Much of the hype surrounding the metaverse comes from those who are building the infrastructure. However, this survey shows there's already a receptive market waiting in the wings. One notable finding was that people in emerging markets were more enthusiastic about life in the virtual realm than those in developed markets. For example, two-thirds of adults in countries like China, India, and Peru responded positively to the survey compared to fewer than one-third in Great Britain, Canada, and Japan. As to what people are looking forward to most, the number one use case cited by respondents was virtual learning.
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