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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen1/12/2017 10:12:15 AM
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The iPhone Changed the World, the Self-Driving Car Is Next



Ten years ago today, Steve Jobs stood on stage in front of the crowd gathered for the Macworld 2007 convention at Moscone Center and made an unmistakably world-changing announcement. The iPhone (the potential of which Jobs probably undersold as merely " an iPod, a mobile phone, and internet communicator") proved to be so much more than the sum of its parts.

But if the iPhone was the most important technological advancement of the 21st century so far (not a hard case to make), then what's the next iPhone? Actually, it's already here, though the reverberations of its development have only just started to branch outwards.

No, it's not impressive-but-still-niche VR, or the revolutionary but extremely nascent field of machine learning, though these technologies will surely have their impact. I'm talking about the self-driving car.

popularmechanics.com

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