In the not too distant future……In fact all auto manufactures are stopping efforts regarding gas engines. Whatever gas engines are available today, they will not change going forward. All design and development efforts and investment are going into electric powered vehicles. Like it or not this is the future.
1 — Auto repair shops will slowly disappear.
2 — A gas/diesel engine has 20,000 individual parts. An electrical motor has 20. Electric cars are sold with lifetime guarantees and are repaired only by dealers. It takes only 10 minutes to remove and replace an electric motor.
3 — Faulty electric motors are NOT repaired in the dealership but are sent to a regional repair shop that repairs them with ROBOTS.
4 — Your electric motor malfunction light goes on, so you drive up to what looks like a car wash and your car is towed through while you have a cup of coffee. Then your car comes out on the other side with a new electric motor or component.
5 — Gas stations will go away!
6 — Street corners will have meters that dispense electricity. Companies will install electrical recharging stations. In fact they’ve already started in developed countries.
7 — Smart major auto manufacturers have already designated money to start building new plants that build ONLY electric cars.
8 — The coal industry will go away. Gasoline/oil companies will go away. Drilling for oil will stop. So, say goodbye to OPEC. The Middle East is in trouble!
9 — Homes will produce and store more electrical energy during the day than they use. It will be sold back to the grid. The grid will store and dispense it to industries that are high electricity users. Has anybody seen the Tesla roof?
10 — A baby of today will only see “personal cars” in museums. The FUTURE is approaching faster than most of us can handle.
11 — In 1998 Kodak had 170,000 employees and sold 85% of all photo paper worldwide. Within just a few years, their business model disappeared and they went bankrupt. Who would have thought of that ever happening?
12 — What happened to Kodak and Polaroid will happen in a lot of industries in the next 5–10 years and most people don’t even see it coming.
13 — Did you think in 1998 that 3 years later, you would never take pictures on film again? With today’s smartphones, who has a camera these days?
14 — Yet digital cameras were invented in 1975. The first ones only had 10,000 pixels but followed Moore’s law. As with exponential technologies, it was a disappointment in the beginning before it became superior and mainstream in only a few short years.
15 — It will now happen again (but much faster) with artificial intelligence, health, autonomous and electric cars, education, 3D printing, agriculture and jobs.
16 — Forget the book “Future Shock.” Welcome to the 4th industrial revolution.
17 — Software has disrupted and will continue to disrupt most traditional industries in the next 5 to 10 years.
18 — UBER is just a software tool (they don’t own any cars) and are now the biggest taxi company in the world. Ask a taxi driver if they saw that coming!
19 — AIR-BnB is now the biggest hotel company in the world but they don’t own any properties. Ask Hilton Hotels or Marriott if they saw that coming!
20 — Artificial intelligence (AI): computers become exponentially better in understanding the world. This year a computer beat the best Go-player in the world (10 years earlier than expected).
21 — In the USA, young lawyers already don’t get jobs (because of IBM’s WATSON). You can get legal advice within a few seconds for the basic stuff with 90% accuracy compared with 70% accuracy when done by humans. So, if you’re studying law, STOP IMMEDIATELY! There will be 90% fewer lawyers in the future. What a thought! Only omniscient specialists will remain. This will clearly benefit everyone in the long run!
22 — WATSON already helps nurses diagnosing cancer. It’s 4 times more accurate and many times faster than human nurses.
23 — Facebook now has ‘face recognition’ software that can recognize faces better than humans. In 2030 computers will become more intelligent than humans!
24 — Autonomous cars: In 2018 the first self-driving cars were already here. In the next few years, the entire auto industry will be disrupted. You won’t want to own a car anymore since you will call for a car with your phone and it will show up at your location and drive you to your destination.
25 — You will not need to park it. You will pay only for the driven distance and you can be productive while driving. Young children of today will never get a driver’s license and they will never own a car.
26 — This will change our cities because we will need 90% fewer cars. We can transform former parking spaces into green city parks.
27 — About 1.2 million people die each year in car accidents worldwide, including distracted or drunk drivers. Currently, there is one accident per every 60,000 miles driven. However, with autonomous driving that will drop to 1 accident in about 6 million miles. That will save a million-plus lives each year!
28 — Most traditional car companies will doubtless become bankrupt. They will try the evolutionary approach and build a better car while tech companies (Tesla, Apple, Google) will take a revolutionary approach and build a computer on wheels.
29 — Look at what Volvo is doing right now… no more internal combustion engines in their vehicles starting this year with the 2020 models. They are using all-electric or hybrids only with the intent of phasing out hybrid models in the not-too-distant future
30 — Many engineers from Volkswagen and Audi are completely terrified of Tesla. Look at all the companies now offering all-electric vehicles. That was unheard of only a few years ago.
31 — Insurance companies will have massive trouble too, because without accidents, the cost of insurance will become cheaper. Their car insurance business model will disappear.
32 — Real estate will change, because if you can work while you commute or you can work from your home, people will abandon their towers to move far away to more beautiful and affordable properties.
33 — Electric cars will become mainstream by 2030. Cities will be less noisy because all new cars will run ONLY on electricity.
34 — Cities will have much cleaner air.
35 — Electricity will become incredibly cheap and clean and eventually, free!
36 — Solar production has been on an exponential curve for 30 years, but you can now see the burgeoning impact and it’s just starting to get ramped up.
37 — Fossil energy companies are desperately trying to limit access to the grid to prevent competition from home solar installations, but that simply cannot continue. Technology will take care of that strategy in the not-too-distant future.
38 — Health: The Tricorder X price will be announced this year. There are companies who will build a medical device called the “Tricorder” that works with your phone and takes your retina scan, a sample of your blood, then you breathe into it. It then analyzes 54 biomarkers that will identify nearly any disease. There are dozens of phone apps out there right now for health.
WELCOME TO TOMORROW!