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Collateral Consequences
From the free eBook > Entrepreneurship: Captain of your Ideas (Chapter 9/10)
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You can read the entire book for free at Amazon.com, or here on Medium.com. A complete chapter list is at the bottom of this article.
Change is constant.
The rate of change is not.
The Edison Electric Institute projects that by 2030 there will be 18.7 million Electric Vehicles (EVs) on US highways. That’s roughly 7% of all cars on the road. Personally, I think that’s a gross underestimation but what do I know.
I currently have a 2015 Nissan Frontier. I estimate my yearly cost of ownership to be in the $2,600 range: insurance, gas, repairs, etc. As soon as the combination of home delivery, Uber, and car rentals can meet my needs at a comparable cost then I’ll sell my truck, use the money to buy a household robot, and never own another car. I want to make the switch before the market realizes that personal car ownership is a relic of a bygone era and the value of used trucks drops. I expect this to begin in the next three to five years.
I only mention this because the 2020s are going to be a time of radical change. (That was true prior to CoVid-19; now only more so.) Unless you’re an optimistic futurist you’re going to under estimatethe consequences all this change will bring…
