Google, Facebook, Apple and Amazon have come to dominate the world. They are not only growing at a crazy rate, they are displacing entire industries. The Gang of Four, as Scott Galloway calls them, have collectively passed a trillion dollar valuation.
This video is mind-blowing, introspective, visionary and funny all at the same time. Galloway, a fast-talking professor from NYU, explains in 16 minutes how the world has come to be dominated by the four tech giants; Google, Facebook, Apple and Amazon. It’s invigorating and terrifying all at the same time.
A few interesting highlights from the video:
- 92% of all mobile device profits go to one brand; Apple.
- Amazon is responsible for 24% of all of the growth in retail.
- The market cap of Google, Apple, Facebook and Amazon is equal to the GDP of Canada.
- Facebook is spending more in R&D than other tech company in history.