Delegates attending this morning’s opening sessions at Nor-Shipping in Oslo sat bolt upright when Tony Seba started speaking. Seba, a Stanford economist who is also the founder of tech think tank RetinkX and a serial Silicon Valley investor, predicted some harsh realities for shipping in the coming decade.
Shipping will be 10 years behind all other industries in digital tech take up, Seba said, warning that disruption in maritime will come from outside the sector. He urged delegates to get into a mindset as if they had just started their businesses today, if they were to prosper in the future digital economy.
Shipping needs to stop thinking linear, he warned, technology disruptions tend to happen as an S-curve.
Seba discussed car-hailing phenomenon Uber and suggested that by 2030 95% of people will not own a car. He also maintained that electric vehicles will hit the global oil industry very hard by the same date.
Splash is reporting from Nor-Shipping all week. Our full archive of news from Oslo can be accessed here.
[Photo: Lena Göthberg, Shipping Podcast]