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Re: RWFZS post# 26957

Tuesday, 06/12/2018 9:28:55 AM

Tuesday, June 12, 2018 9:28:55 AM

Post# of 30168

We are on the cusp of the fastest, deepest, most consequential disruption of transportation in history.”



Seems the Doctor borrowed a quote...

Within ten years, we may witness a radical technological shake up in the way we drive as people switch from petrol and diesel engines to self-drive electric vehicles.

The cars will be owned by fleets, not individual owners. The days of individual car ownership are coming to an end, as people switch to self-drive electric vehicles which are ten times cheaper to run. They will also be significantly cleaner.

And as people switch in droves to electric, the internal combustion engine could soon be consigned to the history books.

Big Oil and Big Car companies will be in trouble as millions of drivers switch to clean electric vehicles. The tipping point could be only two or three years away.

So says a new report by Stanford University economist, Professor Tony Seba, who labels the coming the new business revolution as “transport-as-a-service” (TaaS).

http://priceofoil.org/2017/05/15/we-are-on-cusp-of-deepest-most-consequential-disruption-of-transportation-in-history/

According to Seba in his report, “Rethinking Transportation”, the “TaaS disruption will have enormous implications across the transportation and oil industries, decimating entire portions of their value chains, causing oil demand and prices to plummet, and destroying trillions of dollars in investor value — but also creating trillions of dollars in new business opportunities, consumer surplus and GDP growth.”

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