Person driving somewhere in the last decade of the previous millennium (whereabouts unknown). Credit: Andrew Bush.

How the Dutch got their cycling infrastructure: Increased child deaths due to car accidents, paired with the 1970s oil crisis, led to the Netherlands adopting a nationwide protected bike lane system. Child deaths on the road decreased dramatically.

The only innovation in hand is that the old “You rang m’Lord” system has been transformed into a “you hailed me on your app m’Lord” one instead.

Uber investors are no longer paying for innovation, they're paying for Uber to maintain its monopoly by subsidizing user costs (the price of rides)—a "charity case." The bottom will fall out sooner or later.
↩︎ FT Alphaville
Dec 2, 2016
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