Tag Archives: economics

Best Nonfiction Books I Read in 2019

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1. The Age of Spiritual Machines: When Computers Exceed Human Intelligence by Ray Kurzweil (1998)

Kurzweil is an inventor and futurist famous for his optimistic predictions for technology in the future, particularly the idea of the singularity—when humans will be able to upload their minds to computers and potentially live forever—which he predicts will happen by the year 2045. Kurzweil has his doubters, but it’s hard to dismiss his track record of predictions when you look at how many have already come true in this book written over thirty years ago. Continue reading

Why are Blockbuster Movies Getting Worse?

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Why are blockbusters getting worse? Short answer: Money.

Long answer: Blockbuster franchise movies have become such a cash cow that the corporations who own the major studios are relying on these billion-dollar movies as a primary source of revenue. The studios operate at the whim of the corporation’s board and shareholders, so they become risk-averse and reject any new or creative ideasbecause they don’t know if it will succeed or fail. Continue reading

MoviePass and the Netflix Business Model

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I’ve always loved watching movies, especially in the theater. There’s nothing like seeing a film on the big screen with a full surround-sound system. It’s an experience you can’t quite reproduce at home. But I never went to see movies in the theater as much as I would’ve liked to because it was too expensive. In New York and Los Angeles, it’s $15+ for a ticket—and don’t even get me started on the food and drink prices. So last year, when MoviePass lowered their service to $9.99 a month, I immediately signed up. With it, you can see one movie every day, potentially thirty movies a month, all for $9.99—less than the price of one ticket. It was a no-brainer for someone like me. Continue reading