1. The key pivot point in a tech transformation is not when the new tech reaches the same market share as the old tech. It happens far sooner, when the new tech begins to *peak & shrink the market for the old tech*. Market for horses began shrinking when autos reached just 2%.
You may think that the days of gas lighting are over, but New York State Law still encourages and incentivizes gas lighting by requiring that utilities must provide 100 feet of pipe for gas lighting for *free.* See:https://codes.findlaw.com/ny/transportation-corporations-law/tcp-sect-12.html …