IoT
Comments
Google Rolls Out Android Wear Apps
Newest First  |  Oldest First  |  Threaded View
Brian.Dean
50%
50%
Brian.Dean,
User Rank: Ninja
7/4/2014 | 10:34:39 PM
Interesting Business Model of Lyft
Android wearable devices have not rolled out in mass yet, but already Lyft can be found in the "Apps for Android Wear" section, Lyft is an interesting concept. On the one hand, it can cause a loss in revenue to the cab firms that have quite a lot of capital invested and a loss in the number of jobs that the industry can sustain. However, on the other hand, it creates jobs, employs stationary capital (cars) to become productive and provides a cheaper ride to clients.

It will be interesting to see the long-term effects of such business models on the economy -- technology is making everything efficient.  


Register for InformationWeek Newsletters
White Papers
Current Issue
2016 InformationWeek Elite 100
Our 28th annual ranking of the leading US users of business technology.
Video
Slideshows
Twitter Feed
InformationWeek Radio
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.