Millennials Will Crush Our Economy?

Every Monday morning at 7:10 am, I am a guest contributor on CHOM 97.7 FM radio broadcasting out of Montreal (home base). It’s not a long segment – about 5 to 10 minutes every week – about everything that is happening in the world of technology and digital media. The good folks at CHOM 97.7 FM are posting these segments weekly to SoundCloud, if you’re interested in hearing more of me blathering away. I’m really excited about this opportunity, because this is the radio station that I grew up on listening to, and it really is a fun treat to be invited to the Mornings Rock with Terry and Heather B. morning show. The segment is called, CTRL ALT Delete with Mitch Joel.

This week we discussed:

• Millennials… apparently, they are really going to be messing with our economy. The car industry hasn’t built or done marketing to this segment in forever. Why? Because millennials don’t buy cars. They Uber or they use ZipCar, because they figured out that this is a more economical way to get around (yes, this means they don’t buy other components of what moves the automotive sector forward as much as other groups did). Now, they’re destroying banks, because they have no interest in home ownership and other services. So, what does the future hold in a world of Airbnb and Uber? This could get scary.
• Speaking of Uber, how are the taxi companies dealing with this? Are they handling it well? I don’t think so. This is disruption…
• App of the week: Moleskine Timepage.  

Listen here…