The Automotive Industry Will Be Taken Over By Tech Companies

in LeoFinancelast year

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If cars become "computers on wheels" we are going to see a massive transformation in this industry.

In this video I disuss what is taking place within the broadcast media industry and how technology companies are starting to take over. This is now going to spread into automotive. Just like the computer industry, the money is not in hardware.


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This is an interesting take. The automotive industry is suffering a bit, and it could be a good time to enter/buy companies. But I don't know if they should. Cars don't get replaced as frequently, and with the economy, people are going for the cheaper older cars. If they can make it so much cheaper though, I guess that can be good. But me personally, I think better public transport is more important, and that should be where they focus on improving.

 11 months ago Reveal Comment