Trend vs single initiative. One company failed but overall personal electric transportation is booming is cities. AI is the future, but along the way many individual companies doing AI will fail. Cars are here to stay, but many individual car companies have and will fail, same for phones, everyone has a mobile phone, but nokia still failed…

Nobody is riding Segways around any more, but a huge percentage of people are riding e-bikes and scooters. It’s fundamentally changed transportation in cities.