The Robotaxi revolution is coming – Here’s how you can take advantage…

It’s amazing to think how far technology has come in the last 50 years. Five decades ago, accessing the internet or taking photos from a mobile phone was unheard of.

When the first cell phone was released in 1973, it weighed about two and a half kilograms. And the battery lasted about 20 minutes. Then, 20 years later, the DynaTAC 880X appeared on the market, which is known as the first smartphone. It had a variety of features (what we consider new apps), including an address book, calculator, calendar, and email.

Source: IBM

But as we all know, the real turning point came on June 29, 2007, when Apple Inc. (AAPL) introduced the iPhone.

Over the years, smartphones have become smaller, thinner, and have many more capabilities and applications. In about 47 years, cell phones have gone from weighing more than two pounds with only 20 minutes of battery life to a few ounces with nearly a day’s battery life. In addition, today’s smartphones are literally millions of times more powerful than NASA’s Apollo 11 computers in the 1960s!

The evolution was steady but dramatic. Today, for example, you can use tools like Google Lens on your phone to take a picture of a particular object about which you want more information.

Source: Google

The reason for the dramatic evolution of the smartphone is due to the Law of Exponential Progress. This is when a long series of tiny, gradual changes alter our world, but we hardly notice them until one day, we wake up and realize that a massive change has taken place.

I bring this up because we are seeing the same phenomenon happening in the automotive sector with driverless cars. It sounds crazy, but it becomes a reality faster than you think.

So, in today’s 360 SquareI’ll explain how driverless cars have taken shape and how you can position yourself to take advantage of them.