The Third Industrial Revolution and a Zero Marginal Cost Society
summary
Argues that a convergence of a communication internet, a renewable energy internet and an automated transport internet on an Internet of Things platform drives marginal costs toward zero. Cites specific numbers: Germany at 32% solar/wind electricity heading to 50% and aiming for 100% by 2040; solar Watt cost down from $78 in 1978 to ~$0.60 today; China’s $82 billion grid digitalization pledge and $25 smartphones scaling access; big utilities now supply under 7% of Germany’s new green power. Predicts car sharing and driverless fleets cut vehicle stock dramatically.
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chapters (16)
- 0:00Intro
- 2:40A New Economic Vision
- 8:00What is Productivity
- 12:20democratize economic life
- 12:50network neutrality
- 13:45Internet of Things
- 15:35The Sharing Economy
- 17:10Zero Marginal Cost
- 19:05The Internet of Things
- 19:55Solar and Wind
- 21:20Digitalization
- 24:40China
- 26:30Eliminate 80 of vehicles
- 28:00Digital Europe
- 30:30Digital China
- 32:20Lateral Power
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