How Fast Will Apple Pay Catch On?

The video discusses Apple Pay's conservative approach in the payments industry, highlighting its consistency with existing systems. Marc Andreessen shares his views on the potential for disruption in the industry. The conversation shifts to Apple's role in the television industry, where it is suggested that Apple is unlikely to produce a TV set due to low margins and changing viewing habits. Instead, Apple might focus on streaming services or devices. The video concludes with speculation on Apple's content strategy and potential acquisitions.

What is the main reason Apple Pay is considered not very revolutionary?

• It introduces a completely new payment system.

• It is consistent with existing payment systems.

• It eliminates the need for credit cards.

• It requires new hardware for transactions.

Why is Apple hesitant to enter the TV manufacturing market?

• The TV market is highly profitable.

• TVs have short upgrade cycles.

• TVs are a high-margin business.

• TVs have long upgrade cycles and low margins.

How are people changing the way they watch TV according to the discussion?

• They are increasingly watching on mobile devices.

• They are watching less TV overall.

• They are returning to cable TV subscriptions.

• They prefer watching on traditional TV sets.

What challenge does Apple face in creating its own TV content?

• Lack of interest in content creation.

• Difficulties in content licensing.

• Insufficient technology for content creation.

• High production costs.

What is a potential strategy for Apple to innovate in the TV industry?

• Building a new type of TV set.

• Acquiring a streaming service.

• Partnering with cable companies.

• Developing a new TV operating system.