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- 🚀 Netflix: Lights, Camera, Disappointment? 🎥
🚀 Netflix: Lights, Camera, Disappointment? 🎥
PLUS: Meet Dr. AI 🩺

Hi Everyone. This is Take Off. We're like a hidden Easter egg in your favorite video game - surprising, delightful, and adding an extra layer of fun to your tech news consumption.
Here's what we're serving up today:
Netflix: Lights, Camera, Disappointment? 🎥
Meet Dr. AI 🩺
Asteroids ☄️

Netflix: Lights, Camera, Disappointment? 🎥
If you’re anything like us, the last couple of months would have been a bit heavier on your pockets as Netflix announced its password crackdown.
A lot of investors were worried that this could cause a lot of subscribers to leave the platform altogether. Well, last week was Netflix’s earnings call and the numbers are in. Drumroll please!
Total Revenue: $8.18 Billion (+3%)
Net Income: $1.48 Billion (+3%)
New Subscribers: +5.9 Million
That looks like great news if you own Netflix stock, right? The numbers reflect the impressive growth in subscriber count, soaring to 5.9 million users over just the last 3 months.
However, if you were following its stock last week, you might have seen that their stock fell faster than a souffle without egg whites, going down by 20%.

Credits: Google Finance
Well, that’s because their revenue was shy of what the Wall Street Wolves were expecting. Instead of the projected $8.3 billion, they hit $8.2 billion.
And their guidance of $8.5 billion for Q3 was also less than the $8.9 billion that Wall Street was expecting.
You might be thinking, "Well, that's like complaining about finding a pearl in your oyster because it's not a diamond."
Still, the market is as picky as a toddler refusing to eat their greens, and this "modest disappointment" was enough to send the stock price spiraling.
Sure, Netflix is bringing in more subscribers, but many are from international markets where the revenue per user is a bit less.
The focus of streaming giants has now shifted from growth at all costs to profits at all costs. However, it seems like the cash rain might take some time to come.

Meet Dr. AI 🩺
Meet Dr. AI - your newest medical expert who's spent no years in med school but has probably digested more medical books than any practicing MD on the planet.
Google's medical AI, Med-PaLM 2, is batting an impressive 92.6% average when it comes to diagnosing your medical woes. Just a hair's breadth away from human doctors, who score a 92.9%.

Credits: Tenor
But before you ditch your physician, Med-PaLM isn't quite ready to hang its shingle just yet.
Seems the good "doc" has a slight issue with “hallucination” and referring to non-existent studies.
Just a minor hiccup, right? Ummm…definitely NOT!
While the past has seen AI health ventures belly flop more often than not (*cough* IBM Watson *cough*), the tides may be changing.
Tech titans Google, Microsoft and NVIDIA are jockeying for position at the start line of the AI health race.
The silicon surgeons at NVIDIA are placing a $50 million wager on Recursion Pharmaceuticals, an AI-driven drug discovery platform.
The news sent Recursion's stock (NASQAD:RXRX) soaring by 78% and sparked a mini gold rush in AI drug discovery.

Credits: Google Finance
The drug development world, known for its long timelines and deep pockets, is feeling the AI love.
Investments have skyrocketed from $1 billion in 2015 to a whopping $24.6 billion in 2022. Morgan Stanley is predicting a pharma shopping spree with AI raking in an extra $50 billion in sales over the next decade.

☄️ Asteroids ☄️
Sam Altman’s Worldcoin eyeball-scanning crypto project launches. They’re using eye-scanning tech to give unique IDs & tokens to users across the globe, promising a way to distinguish humans from AI online. 👁️🌐
ChatGPT, OpenAI's popular chatbot, is soon coming to Android! After a successful iOS launch, the app offers a seamless chatting experience and cross-device sync. Android release rolls out next week, starting in the U.S. 📱🚀
Reddit expanded the r/Place canvas, and users immediately wrote messages cursing the CEO. While most were removed, some remain hidden within the artwork. 📢😬

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