🔮 Long-lived Apple; universal basic mobility; the IoT threat; proof-of-work's efficiency; the new social contract; sperm, bananas, voodoo++ #182

Dept of the near future

🍎 Horace Dediu’s stellar analysis on Apple’s event this week: “The purpose of Apple as a firm is to create and preserve customers and to create and preserve products. This is fundamental and not fully recognized.” In fact, he argues this “hardware-as-platform and hardware-as-subscription model… no other hardware company can match. It is not only highly responsible but it’s highly defensible and therefore a great business. Planned obsolescence is a bad business and is not defensible.”

🚏 Here is an interesting idea from EV reader, Alex Roy: universal basic mobility, rather than universal basic income. He argues:

_A parent who spends four hours a day commuting means a child deprived of critical family time, a worker too tired to be effective, a human being without downtime…. A growing number of the mobility underclass are falling into “structural immobility” — the state in which lack of mobility limits their ability to obtain and keep jobs, access basic services, c…