Re: The 3rd Industrial Revolution: A Radical New Sharing Economy
The 3rd I.R. will occur once the Internet, renewable energy/smartgrids, new logistics (driverless cars, electric cars) all merge into the Internet of Things
my personal highlights (around 30 min in) :
"this third industrial revolution platform is designed to be distributed, not centralized. It works best when its collaborative and open and transparent, rather than closed and proprietary."
"How do we ensure privacy when everyone is connected?"
Lemme know your thoughts, whether you agree, disagree, I know it is a long watch, but I found it worth my time
Renewable energy is still very expensive and we would need decades to adopt green energy technologies across the planet.
Do you see any driverless cars/electric cars on the streets?Electric cars are expensive and not so convenient.They don`t have any future at all.
The "internet of things" theory has many opponents.What if someone hacks that "internet of things" network?
We already are in the third industrial revolution,because we have the blockchain technology.
20-30 years from now is not so far away - In the video the man explains that in the 1970s the cost of 1 solar watt was 78 dollars. now it is 50 cents per solar watt. Then he says that certain energy companies are negotiating future solar contracts as low as 4 cents per kilowatt hour. --> Moore's Law --- I know i'm doing a lot of regurgitating here - 30 years from now we're at 2050 (Germany plans to be 100% renewable by 2040 or so)
Driverless cars on the street? not yet. Electric cars on the street. yes I see one at least once a week. no future in Electric cars? lol considering they produce more torque, are more efficient, are faster, batteries are getting better and better with range. Believe me I do prefer a good old fashioned mechanical cars with an actual key you can turn and a stick shift. But unfortunately for me, when I get old, all the new cars will most likely be electric cars that get charged overnight via our residential solar smart grid that is being shared/traded with POWR tokens
Internet of Things is definitely not just a theory. It happening live in real time.
I think you missed the most important point, Blockchain is what will allow this 3rd Industrial Revolution to happen.