My "world bubble". Your inferiority complex is showing.
No, "literally billions" of people didn't gain access to news and banking that didn't previously enjoy this access, Felicia. Your inability to distinguish infrastructure from endpoint is apparent, now. The internet and broadcast communications enabled all of these things. Ever heard of TV and radio? That is what brought news to the masses. The smartphone, meanwhile, has arguably divided us into echo chambers and preference bubbles based on algorithms that determine what we are most likely to view or "like", not what is edifying us, and this has contributed to the rise in "fake news" as well as the proliferation of clickbait headlines.
BTW, concerning that offhanded "literally billions" comment. There are fewer than 2 1/2 billion smartphone owners worldwide. The overwhelming majority of these smartphone owners are in first/second world markets or BRIC. Map this figure out
precisely...how many of these smartphone owners had no access to a banking infrastructure before that have access to it now?
India was in an industrial revolution prior to smartphones, and
it isn't driven by micro-money transactions. It's clear that you're furiously Googling to turn up names like Kenya to support your careless, offhanded remark about what a miracle smartphones are. The internet and radio are the great inventions, here, and mobile banking was inevitable. Are you even aware the earliest SMS-based mobile banking devices and software-- the kind used in Kenya-- preceded the iPhones and iOS?
Of course you didn't. It's why you don't realize the proliferation of the technology was a temporal coincidence.
Ridesharing is more of a disruption to transportation than viable, affordable AC motors in trucks and cars? Tell me...how hard did ridesharing hit the gas corporations and overall fuel usage worldwide? What are the total road-miles saved by Uber every year versus prior traditional cab models? What has been the overall downturn in the hotel & motel sector because of AirBnB?
I don't read Elon's press. In fact, I don't read much about Elon at all, and (unlike libtards similar to yourself) was a skeptic and critic of the man prior to his recent achievement that saw his affordable Tesla 3 brought into mass production. This is the tipping point that changes a market.
You're an ignorant tool who roots his opinion of what Elon is doing wholly in his opposition to government regulation.