Wednesday, February 11, 2015

Radical Disruption of the Economy

My friend, Kenichi Hartman, posted an article on Facebook the other day about the most common job in each of America's 50 states. I'm on a plane right now so you'll just have to google it.

It highlighted something I'd been thinking about a lot, since the most common job in most states is: truck driver.

I've told my kids that I think it's possible that they won't need driver's licenses.

Now, my timing may be off, but is there any doubt in your mind that autonomous vehicles will happen?

Then, combine that with ridesharing apps and optimization algorithms from Uber and collaborative technologies like RelayRides and you have a huge opportunity for transport and logistics companies to save a ton of money…which they will pass on to you, the consumer.

Of course, there's a catch.

We're not going to need all of those truck drivers (or cab drivers for that matter).

That's a TON of people who will have to do something else. An absolute ton.

I don't have the answer right now. I'm just seeing what's going to happen.

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