I suspect we modern people in the modern age think of our world as dramatically changed. We have cellphones, internet connections, Uber and Google maps, and bitcoin. We shout at people on Twitter, commiserate on Facebook and record our lives on Insta ...
Life has changed so dramatically, so quickly, it’s close to unbelievable. I recently visited the town of George, where for some reason there is no Uber . My car was getting serviced and I needed a lift from the garage to the mall. The garage owner said, somewhat hesitantly, that I could call a cab. So I called the cab company, and the phone was answered on the 25th ring by someone whom I always think of as Mavis.
But, with all of this change, it’s interesting what has not changed. One of the most fascinating people in tech is Marc Andreessen, the entrepreneur, investor, software engineer and now part of the famed venture capital firm Andreessen Horowitz. What he hasn’t done in tech probably wasn’t worth doing.
If you think about it, the business sectors that tech has really transformed are media, music, film distribution, bookings, some parts of retail, and to a certain extent advertising, as well as some aspects of professional life. In terms of the GDP of the world, these sectors are not the big ones. But you can see the effect on these sectors, which is high productivity growth and disinflation.
“One of the big opportunities in my world is to go after those sectors; to inject new technology into those sectors in the same way that we’ve injected new technology into media, entertainment, retail and so forth”. This would all be an enormous help to humankind.
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