Apple is projected to report more than $10 billion of research and development expense in 2016. Unlike most of its tech peers, Apple remains very quiet about future plans. However, upon closer examination, there is only one explanation as to what Apple has in store with its R&D and the future: a pivot into personal transportation. In this episode, we take a closer look at why other explantations for rising R&D expense don't mesh with Apple, how Apple can actually pivot into new industries, and why Project Titan is not like any other R&D project. Project Titan is something different. More information on Above Avalon memberships can be found at AboveAvalon.com/membership.