Monday 7 July 2014

Fireside chat with Google's Sergey Brin & Larry Page (video)

Given the collective wealth of human civilisation, why does poverty persist? Part of the reason is unproductive investment. Part of the solution is technology. Examples, respectively, are individual car ownership & the self driving car.

Individually & as a society, we have an enormous investment in individual car ownership. Most of the time, this investment sits idle. Mainly in the garage, or the parking lot at work.

For enthusiasts, car ownership, & associated activities, is an end in itself.

To a greater or lesser extent, for others, the vehicle itself is of little importance. What is important is 24/7 access to door-to-door transportation.

Once cars are self-driving, why do you need a car in your garage, in the parking lot at work, or anywhere else in particular? All you need is one outside the door — whether it be at home, work, or wherever you happen to be. If you're not leaving right now, that car can be somewhere else, driving someone else.

Because such a system makes better use of the national fleet, the total investment in cars, parking, garaging & other services will be much smaller. Resources thus released can be turned to other purposes.

Discussion of self driving cars begins at the 22 minute mark:

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