This episode of the My First Million podcast features Shaan Puri sharing his predictions for the future evolution of major companies like Apple, Amazon, 7-Eleven, and Netflix. He explores how these brands might pivot from their current business models into new, highly personalized, and automated services.
Topics: Business Predictions, Apple, Amazon, 7-Eleven, Netflix, AI, Automation, Future Tech
Apple’s Future as a Health Monitor [00:00]
Shaan Puri: I want to give you some predictions. Um, so I’ve been thinking about this. I said, okay, what’s Apple becoming? Because I see Apple, Apple’s shifting into like health in a pretty big way with these like wearable devices. And so let’s just say Apple, which today the core benefit is they give you this ultra-personal device, your little personal supercomputer that’s going to help you with life. So I don’t think the next Apple is a phone company. I think the next Apple, the next Apple, which is going to be a trillion-dollar company that has, uh, that gives you kind of like a consumer device, I think it’s going to be a healthcare monitor. I think it’s going to be something that is going to be measuring what’s going on inside your body and feeding that data back to you. And so that’s my, that’s my prediction. The next, what the next Apple looks like, not a phone company, healthcare monitoring device.
Amazon’s Future in Conversational Shopping [00:47]
Shaan Puri: Next Amazon. This one’s stolen from Mark Lory. Next Amazon, so Amazon a place to shop. It’s not going to be a website where you, uh, where you type in a word and then you get 5,000 images as a result and then you got to sort through them. The next Amazon is conversational shopping in your house. It’s just saying what you need and having something go get it for you. Um, so basically just saying, “Hey, uh, we need more pee pads for the dog.” And it says, “You want the same ones as last time?” I say, “Yes,” and then it’s boom, it’s ordered, right? I didn’t have to type anything in, didn’t have to enter a credit card, it’s all on file, and it’s just a hands-free voice assistant that helps me shop for things. And when I don’t know what it is, it could say, I could say, “Hey, um, I need a, you know, the best camera for my webcam,” and it could say something like, “Do you want the ones that most of the YouTubers use? Do you want the one your friends bought the most? Or do you want the one that’s the best value or the highest price?” And I’m like, “Uh, what do my friends have?” “Sam has this one.” “Would you like to ask him how it is?” “Yes.” It asks Sam and then Sam says it’s amazing and then I buy the thing, right? Conversational commerce, something like that. That’s the future. That’s the next Amazon.
7-Eleven’s Future in Automated Drone Delivery [01:51]
Shaan Puri: Next 7-Eleven. The next 7-Eleven, what is 7-Eleven? It’s a corner store that has like a little local convenience store. This one’s easy. This one is, um, it’s a cloud corner store, so you don’t need a real location. It’s just going to be 500 square feet that’s within one mile of you. It might be in this back alley place, it doesn’t need a good location, and it’s going to deliver to you with small lightweight drones. So small little pass, small little carrier drone going to bring you something within 15 minutes of ordering. No human being involved, and the whole, the whole 500 square foot place doesn’t need good real estate and is going to be automated so that, um, you know, when I push the button to order it, there’s no human being in the place. It just pops out like a vending machine, the drone takes it straight to me and it lands on a little landing pad that I have in my front lawn for a drone delivery. And as soon as it’s there, I go outside, I pick it up.
Netflix’s Future in VR and AI-Generated Movies [02:43]
Shaan Puri: The next Netflix. Next Netflix, I think is going to be, um, one of two things. One is it’s either in VR and it’s more like a, it’s a hybrid. It feels like a game. So you put the headset on, you enter the world, and then you walk around and you sort of experience a movie. Um, so it’s either VR or, or, because I think I’m not sure about that one, um, or it’s machine-generated movies, which is basically something personalized to you. So right now, a movie is like a really specific story that gets filmed, edited, produced, has actors, blah, blah, blah. I think you might be able to just sit down and be like, “I want something that’s like Breaking Bad but with casinos.” And then it just generates, it just machine generates a, a, a movie for you, uh, based off of, basically it’s like a mashup. And you’ve seen this with music. So Google releases this thing called Composer or whatever. It’s like this AI that basically writes classical music that sounds like it’s made by Bach and Mozart. And, um, and it’s basically just, it’s just taking all the stuff that exists out there, it studies it, and then it creates remixes and mashups of all those things in a way that’s, maybe it could be one time. It’s like, I get this thing and it’s like a one-time movie for me. Um, that could be kind of crazy.
Sam Parr: You remember that band, remember that band Girl Talk?
Shaan Puri: Yeah, mashups, yeah.
Sam Parr: Yeah, I used to love those things, man. I still work out to that. That’s my go-to for workouts.
Shaan Puri: Same. I love that too. It was like Feed the Animals or something like that.
Sam Parr: That’s yeah, that’s a great track.