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Interview, Other

The State of Apps with Olivia Moore

  • The mobile app sector is projected to offer significant monetization potential, with opportunities to generate millions of dollars and achieve financial independence described as unprecedented.
  • Apple's iOS 16 update, which enables widgets on home and lock screens, is expected to facilitate a system shift allowing new companies to capitalize on this change.
  • The release of AI models like Stable Diffusion in the fall is anticipated to drive app dominance in the late Q3 and early Q4 top charts.
  • The anonymous social app trend is forecasted to remain evergreen in 2023, with expectations for new entrants similar to "Slay."
  • Founders of anonymous networks, such as the creator of Gas, face uncertainty regarding their ability to build lasting social networks due to a lack of an "act two."
  • The e-commerce platform Temu is expected to rank at least within the top 5, potentially higher, in the coming year.
  • More companies are expected to leverage "almost invisible AI" infrastructure to better cater to specific user interests.
  • Founder strategies for TikTok utilization are predicted to evolve significantly as businesses may limit virality to ensure product readiness.
  • A generational shift similar to the millennial moment is anticipated, where Gen Z stars publicly cite TikTok addiction as a reason to stop using the platform.
  • Instagram Reels and YouTube Shorts are expected to gain traction as users push back against TikTok's addictive algorithms.
  • Over the next two to three years, a "next gen Yelp" vision will determine whether Instagram or TikTok becomes the primary discovery platform for real-world businesses.
  • Apps from non-US countries, including China, Russia, and Italy, are expected to continue rising to the top charts, driven by TikTok's role in democratizing global viral success.
  • In the coming year, the usage of split-screen gameplay videos will be tracked to assess their implications for attention spans.
  • Gen Alpha is predicted to react negatively in movie theaters if unable to focus for long periods without visual distractions like games.
  • Plans include developing a pet ownership app that generates shareable social media assets, capitalizing on the trend of pets being the "new children."
  • A concept predicting user resemblance to dogs is jokingly proposed as a potential 2023 number one hit, though it is expected to be a short-lived success.
  • The creation of live streams featuring puppies running throughout the day is discussed as a potential business venture.