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Today is July 27th, 2017 at my guest is Benedict Evans, partner at the Venture Capital

Firm and recent Horowitz.

He writes about and discusses strategic and operating issues around consumer technology,

ecosystems and multiple platforms on his blog and on Twitter, Benedict, welcome to Econ Talk.

Thank you.

Today we're going to be talking about the future of the car based on a very provocative

and lengthy blog post that you wrote on the rise of two things that appear to be transformative

for that industry, which are the electric car and the driverless car.

And what I loved about the post, it was a beautiful example of one extremely important

aspect of what I call the economic way of thinking and that I associate with George Stigler

and Thomas Sol, and that is, and then what?

That is, something gets put in motion, something happens, something changes.

A lot of people think, well, that's the end of that.

And what a good economist does and what you did in this blog post is start thinking about

...