“And once you get instantaneous communication with everybody, you have economic activity that's far more advanced, far more liquid, far more distributed than ever before.”
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Health care and education, in my view, are next up for fundamental software-based transformation.
Today's stock market actually hates technology, as shown by all-time low price/earnings ratios for major public technology companies.
Newspapers with declining circulations can complain all they want about their readers and even say they have no taste. But you will still go out of business over time. A newspaper is not a public trust - it has a business model that either works or it doesn't.
Google is working on self-driving cars, and they seem to work. People are so bad at driving cars that computers don't have to be that good to be much better.