What do you think? Which companies will not be here in 5 years?
Business Marketing with Nika
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I once read the book The Four: The Hidden DNA of Amazon, Apple, Facebook and Google.
They also mentioned companies that could join or replace these giants (spoiler: 😀 It was Tesla, Microsoft, Netflix, Tencent and Alibaba).
Regardless of what was written in the book... how do you see it? Which companies will disappear and which will become giants?
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Felix Scholz@fscholz
Microsoft was majorly underestimated for a long time because people did not connect with Windows as much. But they've continuously made great moves from focusing on Azure, to buying GitHub and OpenAI. I would put them in the same category as Apple & Google.
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@busmark_w_nika Haha, yeah completely forgot to mention LI 😅 It's a big brain move no doubt, especially because Twitter appears to slowly degrade and people move towards LI from the maker/dev communities
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ChatGPT wrappers
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Perplexity, humane, producthunt 😏, reMarkable
@sentry_co reMarkable ads are everywhere :D but they still haven't convinced me to buy anything from them. We will see how long I will be able to resist.
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@busmark_w_nika it's like focused computing, perfect for scatter brains to slow down and find that golden idea that you only find when you are surrounded by calmness and only have the essentials in front of you. I think you would love it, in the early mornings with coffee and just putting down the best lines of the day that will set you up for greatness through out the rest of the day where your brain is more fleeting. I think it would be great for many people TBH including my self. Super bull on reMarkable as a company as well. Great culture.
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@sentry_co I use Perplexity like every day, don't know man. humane - I won't give a year
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@growstartup I'm really looking forward to have an AI parrot on my shoulder when I'm out and about. Maybe humane 3 or 4 is where they get it right.
Amazon, Apple, Google, Microsoft will surely be there in 5 years and also in 10. Not that sure about the others you mentioned. In any case there will be much competition from China for the American companies.
@konrad_sx What about the Indian market? More often listening to that there is also a potential (because of population?)
@busmark_w_nika Sure there's much potential there. But until now there aren't that big high-tech companies there like in China. However Indians seem to get ever more influence in western companies (Google, Microsoft) and even politics (UK)
Data brokers like zoominfo, Lusha, Cognism. Regulators are actively after them (including a pending bill in the US)
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@noa_kahalon good point! Its always the ones no one has heard off, that end up dominating the future 😅
@sentry_co haha I meant that they won't be here in 5 years
@noa_kahalon when it comes to data,... I am pretty curious about TikTok (ByteDance in the Western world). They have ~250 days to sell it off otherwise ban it. And Europe may follow the US.🤔
@busmark_w_nika that’s 100% right! So interesting to see how it will develop and if it might change the “big players” map. I’m pretty sure Europe will follow, they already have TikTok on their radar as well.
@noa_kahalon TBH, I didn't get that social media. It's interesting. I used TikTok and it is quite good for "connecting and finding" people from my other apps, and content... hmm. so shallow-brained but as it is in the social media/entertainment world, you need to deliver what people are able to consume 😃 anyway when I switched to Douyin (the Chinese version of TikTok) –> the content was deep, and different from what I can see in Europe. I am so happy that I open that app only once or twice a week. 😃 it is enough.
Ripple
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I think more Chinese firms will come up. As to what will go out it is very uncertain
Predicting the future of companies is always a tricky endeavor, but considering the rapid pace of technological change and market dynamics, companies that fail to innovate and adapt to new consumer behaviors are at the highest risk. It's vital for businesses, especially in marketing like Nika's, to constantly evolve and embrace new strategies to stay relevant.
Predicting the future of companies is always a tricky endeavor, but those failing to adapt to the digital transformation and customer experience enhancements are likely to struggle. It's essential for businesses, regardless of their domain, to continuously innovate and truly listen to their customer's needs to thrive in the long term.
It's hard to predict, but I believe Threads from Meta might sunset within the next 5 years (I might be wrong here) along with the wannabe Twitter rival Bluesky, and I'm very uncertain about the future of Twitter/X. Also, I believe that all those low-effort ChatGPT-based AI products will soon become obsolete.
@busmark_w_nika I don't think so. I had high hopes when it launched, but I haven't seen the expected growth to compete with Twitter. I created an account on the day it launched for the public, but the home feed always feels dry, even after following topics. It's not as engaging as Twitter and feels like an incomplete product.
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Tencent owns everything in China and has major stakes in lots of major companies in the US
@growstartup I am pretty curious also about electromobility: Volkswagen vs Chinese market. What do you think? Does Volkswagen have a chance to survive? :)
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@busmark_w_nika Volkswagen has a large market in chain, I think they will but there are also other players, what do you think?
@growstartup The reason why I am asking is that my friend works for VW and sees how the company is not prompt (production) enough to such an extent as China is. According to him, there are higher chances that China will surpass them. But we will see.
