Grab a cup of coffee, sit back and absorb this piece which I believe, will blow your mind. I had read a good deal on self-driving cars and the implications of what lies ahead but this piece by Ben Evans has completely re-written my belief of what life will be in ten years. Wowsa! I know what I'll be dreaming about tonight. *lol* Enjoy-
There are two foundational technology changes rolling through the car industry at the moment; electric and autonomy. Electric is happening right now, largely as a consequence of falling battery prices, while autonomy, or at least full autonomy, is a bit further off - perhaps 5-10 years, depending on how fast some pretty hard computer science problems get solved. Both of these will cycle into essentially the entire global stock of (today) around 1.1bn cars over a period of decades, subject to all sorts of variables, and both of them completely remake the car industry and its suppliers, as well as parts of the tech industry.
Both electric and a