Speaking of Uber, fascinating quote from Don Walker, CEO of Magna International, the world’s biggest contract manufacturer of cars:
"For the most part, vehicles are going to look pretty similar in 10 years to how they do today. To be assuming that new entrants are going to come in and dominate this industry in five years is craziness."
Fair point, let's ask former Palm CEO Ed Colligan for his thoughts:
"We’ve learned and struggled for a few years here figuring out how to make a decent phone. PC guys are not going to just figure this out. They’re not going to just walk in."
That was a decade ago, which is crazy (both in that it was not that long ago, but also seemingly so long ago). But I'd say five years in, those PC guys were doing pretty well...