According to The Economist, it is accepted widespread knowledge, that inequality has increased. However, when looking at the data and accounting for changes in demographics (such as marital status), economic inequality has actually remained constant over the past decades (Check out the Economist’s The Intelligence Podcast from Dec 03, 2019: With allies like these: NATO’s bickering leaders hold a summit). Why has rising inequality become general knowledge, while the data is not clear on it? Because the actual inequality doesn’t matter as much as the effects of it and the effects of inequality might have actually changed significantly over the past decades.

Regularly, I get asked how Uber, car sharing providers, and other mobility providers plan on making profit. How can you be cheaper than cabs, but have a similar business model? How can you make money with car sharing, when a ride only costs around 10 dollars? How is it possible to make money on scooters, that only cost one dollar per ride? But still, Uber, Mercedes, and venture capital companies keep spending millions, if not billions, on these ventures. Why? What is going to change? – Everything!