The iPhone is described as the first commercially successful multi-touch smartphone, marking the shift from desktop-bound computing to cloud-connected mobile applications. The hosts frame it as a technology that reshaped the global economy, becoming a foundational layer for daily life and commerce even in regions that never went through the same earlier industrial buildout as the US.
- 01
The hosts cite Zimbabwe and India as examples of places where smartphones became the primary way people access money and economic activity, despite lacking earlier infrastructure development.
150 words · auto-generated from the episode video
2:01:14you know, they they they introduced the iPhone. Yes. Um, it's the first commercially successful multi-touch smartphone. I mean, it completely changed the world, right? >> Yeah. >> Mobile computing era drives the transition from desktopbound services to now cloud connected applications on your cell phone. I mean, we're all addicted to our cell phone. Perhaps that's this man's fault, but at the end of the day, it has completely transformed the global economy. I mean I look at my family in Zimbabwe which did not have the same industrial revolution time period in terms of infrastructure that we had in the US. Anywhere you go in Zim right now in the most remote place ever, they all have touchscreen multi-touch smartphones. Yeah.
2:01:54>> All of their money is there. You all the economies run from these devices. Same with India. >> And it's a huge enabling layer. Uh and