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📈 Generative video (Veo 3) collapses Hollywood inside a year

Chamath's dated aside inside his Google bull case: Veo 3 is good enough that the traditional content production business is finished within a year. The value accrues to whoever owns the model and the distribution funnel (Google/YouTube), and the legacy studio production model is the loser.

0 CONVICTION
peaked 35.0 EMBER
DORMANT
band
▼ SHORT WBD
expression · bearish equities
WRONG
result · return -145.3% · vs SPY -171.1%
2026-06-21
born 2025-06-21 (E232) → window closed

⚖ Why this result

fully deterministic — computed from daily closes on the scoring date; nothing below is editable or hand-set

  1. Window: 2025-06-21 → 2026-06-21 — first mention + 12-month horizon, then the window locks.
  2. The call: ▼ SHORT WBD (primary play). WBD rose 145.3% over the window → return (sign flipped for a SHORT) = -145.3% (the call lost money).
  3. Benchmark: holding SPY over the same window returned +25.8% → vs SPY = -145.3 − (+25.8) = -171.1% — what this call made or lost against just owning the index. This is the number the result uses.
    Direction-only read: -119.5% — did WBD move the predicted way relative to the market. The two only differ on a SHORT: this call was right about direction relative to the index but still cost money versus holding it.
  4. Rule fired:
    · RIGHT — return ≥ +10% AND beat SPY by 5+
    · HALF — return ≥ +5% OR beat SPY at all
    ▶ WRONG — everything else
  5. Credit: supporters of a WRONG earn 0 each, opposers the opposite — this feeds the scoreboard. supported: Chamath | proxy-sensitive: DIS→PARTIAL (+10.8%)

Conviction timeline

bands: green ≥ 65 · watch ≥ 45 · ember ≥ 15

Plays vs SPY · % since first mention (2025-06-21)

Plays

expressionsymbolkindrelevancerationale
▼ SHORT WBDstock PRIMARY pure-play legacy studio production exposure
▼ SHORT DISstock adjacent the other large legacy studio content producer

Mention log newest first

Chamath
Chamath equities 42% · n=163 · E232 (2025-06-21) · explicit_prediction · strength 2 ▶ 30:46 SUPPORT · horizon 12mo
“Like V03, which we haven't really spoke about, is going to destroy Hollywood. Like in the next year, like Hollywood is done, I think.”

Who built this conviction

each voice's total push on the score, in conviction points across every mention — supports and opposes · share = % of all mention-driven movement

Chamath
Chamath 42%
1 scoring event · 100% of moves
+35.0 → net +35.0

⏳ decay drained -29.4 over the idea's life — that's time passing, attributed to no one

Score events

episodekindΔafternote
E232 2025-06-21 init +35.0 35.0 E232 born by Chamath (explicit_prediction x2)
E233 2025-06-28 decay -1.4 33.6 E233 silent
E234 2025-07-04 decay -1.3 32.3 E234 silent
E235 2025-07-11 decay -1.3 31.0 E235 silent
E236 2025-07-19 decay -1.2 29.7 E236 silent
E237 2025-08-01 decay -1.2 28.5 E237 silent
E238 2025-08-09 decay -1.1 27.4 E238 silent
E239 2025-08-15 decay -1.1 26.3 E239 silent
E240 2025-08-22 decay -1.1 25.2 E240 silent
E241 2025-08-29 decay -1.0 24.2 E241 silent
E242 2025-09-07 decay -1.0 23.3 E242 silent
E243 2025-09-19 decay -0.9 22.3 E243 silent
E244 2025-09-27 decay -0.9 21.4 E244 silent
E245 2025-10-03 decay -0.9 20.6 E245 silent
E246 2025-10-10 decay -0.8 19.8 E246 silent
E247 2025-10-17 decay -0.8 19.0 E247 silent
E248 2025-10-24 decay -0.8 18.2 E248 silent
E249 2025-10-31 decay -0.7 17.5 E249 silent
E250 2025-11-07 decay -0.7 16.8 E250 silent
E251 2025-11-14 decay -0.7 16.1 E251 silent
E252 2025-11-22 decay -0.6 15.5 E252 silent
E253 2025-12-06 decay -0.6 14.9 E253 silent
E254 2025-12-13 decay -0.6 14.3 E254 silent
E255 2025-12-19 decay -0.6 13.7 E255 silent
E256 2025-12-31 decay -0.5 13.1 E256 silent
E257 2026-01-10 decay -0.5 12.6 E257 silent
E258 2026-01-17 decay -0.5 12.1 E258 silent
E259 2026-01-30 decay -0.5 11.6 E259 silent
E260 2026-02-07 decay -0.5 11.2 E260 silent
E261 2026-02-13 decay -0.4 10.7 E261 silent
E262 2026-02-28 decay -0.4 10.3 E262 silent
E263 2026-03-06 decay -0.4 9.9 E263 silent
E264 2026-03-13 decay -0.4 9.5 E264 silent
E265 2026-03-19 decay -0.4 9.1 E265 silent
E266 2026-03-27 decay -0.4 8.7 E266 silent
E267 2026-04-03 decay -0.3 8.4 E267 silent
E268 2026-04-10 decay -0.3 8.1 E268 silent
E269 2026-04-17 decay -0.3 7.7 E269 silent
E270 2026-04-24 decay -0.3 7.4 E270 silent
E271 2026-05-01 decay -0.3 7.1 E271 silent
E272 2026-05-08 decay -0.3 6.8 E272 silent
E273 2026-05-15 decay -0.3 6.6 E273 silent
E274 2026-05-22 decay -0.3 6.3 E274 silent
E275 2026-05-29 decay -0.3 6.0 E275 silent
E276 2026-06-13 decay -0.2 5.8 E276 silent
E277 2026-06-19 decay -0.2 5.6 E277 silent