A very interesting column in the NYT today by Tom Friedman on how a venture like Project Better Place out of Tel Aviv can overtake the US Auto industry.
Some key quotes:
"Someone in the mobility business in Denmark and Tel Aviv is already developing a real-world alternative to Detroit’s business model...
...our bailout of Detroit will be remembered as the equivalent of pouring billions of dollars of taxpayer money into the mail-order-catalogue business on the eve of the birth of eBay. It will be remembered as pouring billions of dollars into the CD music business on the eve of the birth of the iPod and iTunes...
...What I find exciting about Better Place is that it is building a car company off the new industrial platform of the 21st century, not the one from the 20th — the exact same way that Steve Jobs did to overturn the music business."
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