Every few years, someone will claim a new technology
Every few years, someone claims that new technologies will change the world. Sometimes they are correct, and other times they are wrong. Workers who lose their jobs using new technologies will eventually have to find other types of jobs. This is the cycle that people have been going through since the beginning of the Industrial Revolution, and now it will be repeated on a large scale.
When mobile phones came out, most people thought they were new toys for the rich. Nowadays, most people have only one and only most mobile phones in their pockets. The immediate advantage is that we can easily establish contact with family, friends, employers or business relationships. Nowadays, smart phones are not only our personal communication tools, they also enable us to manage many tasks that require PC processing. The downside is that unless we don’t answer the phone, we will no longer hide from the world. In addition, we are easily addicted to social media, text messages, games and various online activities.
Not long ago, Google showed self-driving cars to those who were dissatisfied with what they saw. The problem is that this is ugly, with strange rotating objects on the top, most people don’t believe that fully automated vehicles can occupy the world’s roads. What people didn’t know at the time and still don’t know today is that many technology and car companies are now risking farms because driverless cars will occupy the roads in the next ten to twenty years. We already have vehicles that can park on their own and are now equipped with various safety or collision avoidance devices. Some vehicles are now able to make automatic decisions about braking, parking and other operations. Is it hard to believe that there will be more things?
This new technology will not appear overnight, but will benefit everyone, not just attract specific markets. It will be gradually improved and introduced to people. When all the research and experiments are successful, fully automatic cars will begin to have a huge impact everywhere. Insurance companies that rely heavily on vehicle insurance policies will begin to disappear. Automated body repair shops will be as rare as photo booths. The number of people killed or seriously injured in a car accident may drop to an almost insignificant number. Personal injury lawyers need to find new clients. Police officers need to find new and innovative ways to write tickets. Due to the efficiency of self-driving cars, gasoline prices will drop sharply: a large number of self-driving cars may be driven by hybrid or alternative energy sources.
As trucks automatically traverse the road, the prices of certain consumer goods will drop and the frequency of ups and downs may be higher. Even with a monitor, these people don’t need to be bored by constantly operating this large and tedious vehicle operation. This means that they may be able to stay on the boat longer. Reducing the cost of transportation in the market will cause many new products to be introduced, and these new products cannot be used due to these cost factors. The cost and complexity of managing a large transportation system will be reduced, and the experience of having to commute quickly during peak hours is eliminated. The money saved by implementing self-driving cars can be used to repair and replace many roads, bridges and tunnels, which can become dangerous or obsolete.
The government is considering the potential of self-driving cars. We know this because many people are slowly but surely adjusting or enacting laws to adapt to this new technology. As far as the federal government is concerned, autonomous vehicles are legal for research and development purposes. Some U.S. In addition, many other countries have proposed pending laws so they can also operate legally. Legislatures in many countries have been quietly informed that it is expected that there will be some fully automatic vehicles in 2018-2020. Hackers are the focus of government officials and developers of this new technology. They have been able to use the technology available in many new vehicles to take over and overtake the driver. This is a real problem and must be resolved from a legal and technical perspective. The demand for broken cars is one of the reasons that slow down their development and appearance in the showrooms of new car dealers.
The development of fully automated cars is fast, but this does not mean that small investors or venture capitalists should invest in them now. The fact is that no one really knows what these new technological changes are. In addition, I am confident that in due course, after the market and technology emerge, there will be various new opportunities for small investors to make money. Imagine that when this new technology takes effect, all new tools and systems will appear as needed. Until then, potential buyers of new cars or smart high-tech investors are monitoring autonomous vehicles and their upcoming markets.