World Changing Levels of Key Technologies

World Changing Levels of Key Technologies

“Electrical power went from 10% of US households in 1908 to 80% of US households in 1942.
Cars went from 10% of US households in 1915 to 80% of US households in 1971.
Color TV went from 10% of US households in 1966 to 80% in 1981.
Computers were 20% of US households in 1992 to 67% in 2005.
Cellphones went from 10% of US households in 1994 to 84% in 2009.

Technology Adoption was later for most technology in different countries around the world.

Electric cars were 5% of new car sales in 2020 and are forecast to be 50-90% of new cars sales in 2030. It will take until 2035-2045 for electric cars to dominate all cars. There are about 90 million cars sold per year but 1.6 billion total cars on the world’s roads.

Despite the lag in actual usage, it has become pretty clear to most that electric cars will dominate the world at some point in the near future.”