Geoff Nesnow
2 min readFeb 16, 2018

--

Thank you for your comments.

I definitely agree that there will be benefits to average consumers in many circumstances. However, my concern is much more on the supply side of this equation. That is, I’m concerned that it a very small number of people and companies will control a significant portion of the transportation ecosystem. Today, while there are a relatively small number of car companies, there are at least thousands if not tens of thousands of businesses supporting those car companies. And, there are millions of people who drive, repair, store, finance those vehicles and I see much of that going away and/or being dramatically consolidated.

To put it in another way, cost for many things that are transportation dependent May go down significantly. But, many, many jobs that people have today won’t exist. And, investors in many of the existing ecosystems suppliers will lose a lot of their money.

I don’t see this is happening in a vacuum. And, I am concerned that technology is going to have a similar impact on many industries. The pace of change and specifically innovation is unparalleled in human history.

I think there are many different outcomes that we could see from all of these technology changes in developments. We could be entering a new renaissance where humans spend less of their time dealing with survival and subsistence more on higher pursuits. Or, we could see massive increases in poverty and a growing disparity between people who have wealth and people do not. We are in the age of exponential. Our ability to influence the future is more leveraged than perhaps ever before.

--

--

Geoff Nesnow
Geoff Nesnow

Written by Geoff Nesnow

Faculty @hultboston | Concerned about the future | Naturally curious | More at www.dontinnovate.com

Responses (2)