Fifth Avenue shifted from horses to cars in 13 years
Steph Smith · The Electrification of Everything: From Sky to Sea · Jun 12, 2023 · at 1:17
Steph Smith is the host of the a16z Podcast. She references historic photographs of New York's Fifth Avenue Easter Parades in 1900 and 1913 to illustrate how rapidly technological adoption can flip a market.
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“If you don't think this will happen quickly enough, I'd like to point you towards two pictures taken on Fifth Avenue on Easter morning. These pictures were taken 13 years apart. The first in 1900, and it looks like a Waldo puzzle, where you're actually trying to spot the car amongst this sea of horses. But just 13 years later, in 1913, spot the car really turns into spot the horse, where you see one horse amongst a sea of cars.”
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