Tim O’Reilly writes about some technology-related changes happening in the world where incremental advances in recent years are set to soon become pervasive.
2) The rest of the world is leapfrogging the US
The volume of mobile payments in China is $13 trillion versus the US’s $50 billion, while credit cards never took hold. Already Zipline’s on-demand drones are delivering 20% of all blood supplies in Rwanda and will be coming soon to other countries (including the US). In each case, the lack of existing infrastructure turned out to be an advantage in adopting a radically new model. Expect to see this pattern recur, as incumbents and old thinking hold back the adoption of new models.