“Peak Oil” is the point that global oil production is set to begin its decline. “Peak Auto” is the point that global automotive production will begin its decline. “Peak People” is the point that global population will being to shrink. All of these points are set to happen during this century according to futurist and author David Houle.

In this interview, David Houle discusses how oil use, the number of vehicles around the world, and the number of people on the planet will all begin to decline in this century. To replace oil production, David shares how electric vehicles will become the norm supported by renewable energy along with innovative battery storage capabilities. To facilitate the trend toward vehicle decline, David says the idea of owning a vehicle that people drive 5% of the time is outdated. Fleets of driverless cars are a much more practical solution even as more countries experience affluence. China recently began a decline in population in 2023 and the rest of the world will experience the same as the Total Fertility Rate (TFR) declines in industrialized countries. David says that as girls around the world continue to advance in educational opportunities, the global TFR will decline below the 2.1 TFR required to maintain the number of people on the planet.

To finish the interview, David also talks about what these declines mean to the global economy and how people should be using this information to plan for their futures.

David Houle is a futurist, thinker, and keynote speaker. He is the author of “The Shift Age,” “Shift Ed: A Call to Action for Transforming K-12 Education,” “Entering the Shift Age, Brand Shift: The Future of Brands and Marketing,” “The Spaceship Earth,” and more.

Karl Skarman, investerare och medgrundare, Montrose