Sep 19, 2020
In late February 2020, Naresh went on the Success Quest show to discuss "digital economics" and the tech revolution. This episode was recorded before the widespread lockdowns and economic recession, and listening to it now makes it all the more timely.
Here are some quotables from Naresh's appearance:
"I can't even imagine what differences we will see 2-3 years from now... what companies will go out of business. It will be a totally different society that we won't recognize."
"The biggest, most successful brands today are only getting bigger and will continue to buy up their competition. Microsoft, Apple, Google, Facebook, Amazon, Walmart, McDonalds: there is no getting around these seven companies in our lifetimes."
"You don't have to go to restaurants anymore. You can just order Uber Eats, and the food is at your hands within an hour."
"Brick-and-mortar businesses should look to sell and cash out immediately, and learn about technology as soon as possible."
"All of these old-school business owners are already feeling pain because of technology. It's only going to get worse."