One reason video entertainment services fare relatively well in a recession is that the perceived value of in-home entertainment increases.
http://anxietyindex.com/2009/03/when-spending-money-equals-saving-money/
Thursday, March 26, 2009
Another Take on "Cocooning"
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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