In the past, technological change has been slow enough so that the largest part of the population could spend their career following one profession, more or less. From Benz’ first gasoline car in 1886 to Ford’s Model T in 1908, the first mass-produced car, there was enough time for all conservative horse carriage riders to retire, while the younger one’s quickly learned to drive cars instead. The impact would have been quite different if that change had happened in less than a decade, which is the speed of development we see today.
Tag: mobility
Regularly, I get asked how Uber, car sharing providers, and other mobility providers plan on making profit. How can you be cheaper than cabs, but have a similar business model? How can you make money with car sharing, when a ride only costs around 10 dollars? How is it possible to make money on scooters, that only cost one dollar per ride? But still, Uber, Mercedes, and venture capital companies keep spending millions, if not billions, on these ventures. Why? What is going to change? – Everything!