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KPCB INTERNET TRENDS 2016 | 2016 Internet Trends Report

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KPCB INTERNET TRENDS 2016 | PAGE
149
Regulators =
Typically Slow to Adapt to New Technologies
Source: Encyclopaedia Brittanica, dailybritain.wordpress.com, Travis Kalanick (Uber) TED Talk (3/16), Michigan State University Library, William B. Friedricks, “Henry E. Huntington and the Creation of
Southern California,” Columbus, OH: Ohio State University Press, 1992
Back in the Day When Horseless Carriage (Car) Came Along...
Locomotive Act of 1865 –
Red Flag Act
Law Enacted in UK...
Horseless Carriages (Cars) Had to be
Preceded By Someone with Red Flag For
Safety Purposes
Jitneys (1914)
Ride-Sharing, ~100 Years Ago...
150K Jitney Rides / Day (1915) in LA, yet
Regulated Out of Existence by 1919...
157K Uber Rides / Day (2016) in LA...

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