Entrepreneurs are always looking for the next major growth industry. The example I always use is the scene in “The Graduate” when the protagonist asks how to make his fortune, and the single-word response that came back was “Plastics!”
The Internet was the plastics of the late 90’s… so what is it today? Well, I can’t give you a one-word answer, but I can boil it down into two: Luxury Services.
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