ICE Cars Gone by 2030

Prof Ray Willis post some charts demonstrating how exponential change is happening in the automobile market. He sees a Kodak-style crushing of the businesses of existing (ICE) car makers in the very near future. This is an old story in technology. Even today’s oil industry all but wiped out the vast international business of whaling in a short time. In more recent times, the transistor all but eliminated the vacuum tube. Flat screen TVs very quickly displaced tube TVs. Mobile phones all but replaced land lines. This is how technology works, and it works more quickly than most people realize.