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The Social Network 🛜 idea 💡

It's a social crisis moment we're having. Why it's happening: - Rapid inflation - Social apps are more addictive than ever - Spatial computing - Rise of immersive and social gaming - People are playing the "creator" game - Going out is expensive - Devices are more "controllable" than the outside world - Peer pressure to be on devices (social, work) We're all kinda drunk on technology. Anxiety and sadness at all time levels. Someone will make us $1B helping us be less addicted to our phones and technology over the next 5 years. Someone will make $1B helping us be more addicted to our phone and technology over the next 5 years. They won't be the same person. The two ways to make money in this world are: 1) Get people more addicted to screens 2) Get people off screens You're either building the next big board games company or the next big dating app for VR You're either building the next big peer-to-peer events company or the next big internet community You're either building the next big Soho House or the next big SaaS app You get the idea. People are craving connection. It's just coming out in weird ways.

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Kamlesh

Stealth

7 months ago

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by Semaphore

Hubspot

Is it possible for those doing well to still acknowledge how our generation is screwed economically?

Saw a similar post somewhere from an European and I think it’s pretty valid for India. For context, I am in my early 30s, a home owner, living in tier-2 city with a pretty high salary. Recently got married and my wife also works as an Enterprise AE for a listed US company. Our cost of living is pretty low given the house and tier-2 city. Even if we had a kid, the overall cost of living will not change a lot. I got to where I am, economically, by a combination of hard work and luck. Luck definitely was a huge part of it. Knowing the right people at the right time, working on the right technologies helped a lot more in advancing my career a lot more than grinding for good grades. Even the ability to buy a house without much debt, was partly because I was lucky to sell my shares in a fairly small startup. It would be easy to say things aren’t economically bad based on my own experience or that of my close friends. However, when I look at things more objectively, I can’t help but come to the conclusion that we are screwed as a generation. Except for maybe the top 1%, salaries are not keeping up even with inflation. Housing costs, specially in tier 1/2 cities are unbelievably high even if you want an average apartment. Jobs are no where to be seen. The whole generation is living in the hope of the stock market rally never ending. This seems completely unsustainable as a nation. I might be doing well for now, but I still recognise how these are real problems for most Indians, who’ve been waiting for India’s century for 20 years Given that the services industry contributes more than 50% to the GDP, the current state of joblessness, the overall sluggishness in IT and related sectors, and the fundamental changes happening to the way IT services now work, I wouldn’t be surprised if we see a complete recession in the next 4-5 years. Lately, there has been a lot of criticism of anyone expressing anger on how bad things are but I think it’s helpful to talk about this.