129: A Modicum of Transport with Horace Dediu
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Is There a New Basis of Competition?
Every industry as it's born, has to redefine itself so that it doesn't because none of the old measures are relevant any more. The challenge is to come up with something as a unitary figure - energy divided by distance of travel. This is your typical measurement, to day, of m p g, miles per gallon. It's actually inverted. It's gallons per mile in my new way of thinking. But we're not measuring gallons of fuel, which, you know, is convenient but we were measuring kilawats of what ours of output. And so the kill of what hour is what batteries are usually defined in terms of capacity.
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