In this conversation, Billy Riggs discusses the impact of automation on the economy, emphasizing the importance of redundancy in technology for resilience. He explores the concept of coopetition among tech companies and highlights the challenges and opportunities in public transportation, particularly regarding last mile solutions.

Takeaways

• Automation and innovation are reshaping the economy.
• Redundancy in tech stacks can lead to greater resilience.
• Economic challenges are expected in the coming years.
• Coopetition can help companies achieve shared goals.
• Public transportation must adapt to the rise of rideshare.
• Level five autonomous vehicles may never exist.
• Companies need to diversify their supplier base.
• Tariffs are affecting consumer prices and economic stability.
• Last mile solutions present significant opportunities for growth.
• The relationship between rideshare and public transit is evolving.

Titles

• Navigating Automation's Impact on the Economy
• Building Resilience Through Redundancy in Tech

Sound Bites

• "Automation is reshaping the economy."
• "Level five vehicles are a myth."
• "Coopetition can lead to shared goals."

Chapters

00:00 - Introduction to European Insights

01:35 - Redundancy in Tech and Economic Resilience

06:53 - The Concept of Co-opetition in Business

10:28 - The Future of Public Transit and Last Mile Solutions

13:04 - Flattening in Public Transit Markets & Conclusion