Jun 5, 2019
Volkswagen, the largest car company in the world, has made the biggest commitment to manufacture battery-powered cars, larger than any other car company. Yet VW’s profits and productivity remain woeful, with Porsche and Audi accounting for the bulk of its profits. In the past, it’s been all about saving jobs, with labor unions controlling a lot of corporate decisions. But electric vehicles require 30% less effort, so jobs may be lost anyway. “New wave,” The Economist, March 16, 2019.
From National Review on libraries, an interesting analogy: “Assembling a library is a physical act, like gardening. One cannot cultivate flowers and vegetables online without a marked diminution in the experience.”