Movies are about to enter a whole different realm, mostly for the good. Some of the trends are:
(1) A Screen In Nearly Every Hand
The smartphone will get there before the broadband will, but the connectivity will get there fast enough. It is a legitimate expectation that people should be able to watch new releases on their own screens. You could charge 10 million people $10 each in a theater, or you could charge a billion people one cent each. Or that cent could be an ad they opt to watch. The numbers work. Micro-payments will become much more of an option.
(2) Reduced Production Costs
A small crew dabbling in the art form could do all the camera work on a smartphone and all the editing on a computer today. That opens up the floodgates of production. Every language, every culture can have its own movie industry. Every such industry has a ready global audience among the scattered peoples, all connected. Let a thousand flowers bloom. That also creates a spectrum of success. A movie makin…
Larry Ellison on stage. (Photo credit: Wikipedia)
I have a theory or two about self made billionaires doing exciting work. If the work is exciting, they get interesting. The billions are just tools they need to do what they need to do. Plus, I guess you can buy things with the money.
Elon Musk seems to have had some bad experiences growing up in apartheid era South Africa. Looks apartheid was not just hard on the black people. That can impact you. And I am not sure therapy helps, although it might. But if you are simply focused on your work and are obviously good at it, is that focus a problem? Something that needs to be "cured" through therapy? I think not.
A prior billionaire also all over the map in terms of private life is Larry Ellison. So he is with his first wife. And they barely get by. She has a job. He does barely enough work to be able to help with the bills. And one day he goes ahead and puts a down payment on a boat. For a future billionaire, that is no big dea…