5, 10, 20 year horizons
There are so many moving parts and wild cards. Regulations could slow or accelerate. A market crash in SV could slow pace 5+ years. But, I think we’ll all be impacted in some ways within 5–10 years.
Investors and creditors pay for today with the promise of tomorrow. I think many will see these changes coming and decelerate investments in the old way. This may be an even bigger catalyst than new money going after the new world of transport.
If my analysis was anywhere close to right, there will be enormous political, social and economic impacts (many very dire). I hope we get it right.
Thanks for your insights!