The Future, Very Interesting Predictions

----------                         Auto repair shops will go away.

                   A gasoline engine has 20,000 individual parts. An electrical motor has 20.

                  Electric cars are sold with lifetime guarantees and are only repaired by

                  dealers. It takes only 10 minutes to remove and replace an electric motor.

Faulty electric motors are not repaired in the dealership but are sent to a

regional repair shop that repairs them with robots. Your electric motor

malfunction light goes on, so you drive up to what looks like a Jiffy-auto

wash, and your car is towed through while you have a cup of coffee and out

comes your car with a new electric motor!

Gas stations will go away. Parking meters will be replaced by meters that dispense

electricity.  Companies will install electrical recharging stations; in

fact, they've already started. You can find them at select Dunkin Donuts locations.

Most (the smart) major auto manufacturers have already designated money to start

building new plants that only build electric cars.

Coal industries will go away. Gasoline/oil companies will go away.  Drilling

for oil will stop. So say goodbye to OPEC!

Homes will produce and store more electrical energy during the day and then they use

and will sell it back to the grid. The grid stores it and dispenses it to

industries that are high electricity users. Has anybody seen the Tesla roof?

A baby of today will only see personal cars in museums.

The FUTURE is approaching faster than most of us can handle.

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?

What happened to Kodak will happen in a lot of industries in the next  5-10

years and, most people don't see it coming.

Did you think in 1998 that 3 years later, you would never take pictures on

film again? With today's smart phones, who even has a camera these

days?

Yet digital cameras were invented in 1975. The first ones only had  10,000

pixels, but followed Moore's law.  So as with all exponential

technologies, it was a disappointment for a time, before it became way

superior and became mainstream in only a few short years. It will now happen

again (but much faster) with Artificial Intelligence, health, autonomous and

electric cars, education, 3D printing, agriculture and jobs.

Forget the book, "Future Shock", welcome to the 4th Industrial

Revolution.

Software has disrupted and will continue to disrupt most traditional industries in the

next 5-10 years.

UBER is just a software tool, they don't own any cars, and are now  the

biggest taxi company in the world! Ask any taxi driver if they saw that coming.

Airbnb is now the biggest hotel company in the world, although they don't own any properties.

Ask Hilton Hotels if they saw that coming.

Artificial Intelligence: 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.

In the USA, young lawyers already don't get jobs. Because of  IBM's Watson,

you can get legal advice (so far for right now, the basic stuff) within

seconds, with 90% accuracy compared with 70% accuracy when done by humans. So,

if you study law, stop immediately. There will be 90% fewer lawyers in the

future, (what a thought!) only omniscient specialists will

remain.

Watson already helps nurses diagnosing cancer, its 4 times more accurate than human

nurses.

Facebook now has a pattern recognition software that can recognize faces better than

humans. In 2030, computers will become more intelligent than humans.

Autonomous cars: In 2018 the first self-driving cars are already here. In the next 2

years, the entire industry will start to be disrupted. You won't want to own a

car anymore as you will call a car with your phone, it will show up at your

location and drive you to your destination. You will not need to park it you

will only pay for the driven distance and you can be productive while driving.

The very young children of today will never get a driver's license and will

never own a car.

This will change our cities, because we will need 90-95% fewer cars. We can

transform former parking spaces into parks.

1.2 million people die each year in car accidents worldwide including distracted

or drunk driving. We now have one accident every 60,000 miles; with autonomous

driving that will drop to 1 accident in 6 million miles. That will save a

million lives plus worldwide each year.

Most traditional car companies will doubtless become bankrupt. Traditional car

companies will try the evolutionary approach and just build a better car,

while tech companies (Tesla, Apple, Google) will do the revolutionary approach

and build a computer on wheels.

Look at what Volvo is doing right now; no more internal combustions engines in

their vehicles starting this year with the 2019 models, using all electric or

hybrid only, with the intent of phasing out hybrid models.

Many engineers from Volkswagen and Audi; are completely terrified of Tesla and so

they should be. Look at all the companies offering all electric vehicles. That

was unheard of, only a few years ago.

 

Insurance companies will have massive trouble because, without accidents, the costs will

become cheaper. Their car insurance business model will disappear.

 

Real estate will change. Because if you can work while you commute, people will

move farther away to live in a more beautiful or affordable neighborhood.

 

Electric cars will become mainstream about 2030. Cities will be less noisy because all

new cars will run on electricity.

Cities will have much cleaner air as well. (Can we start in Los Angeles, please?)

Electricity will become incredibly cheap and clean.

Solar production has been on an exponential curve for 30 years, but you can now see

the burgeoning impact. And it's just getting ramped up.

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.

Health: The Tricorder X price will be announced this year. There are companies who

will build a medical device (called the "Tricorder" from Star Trek) that works

with your phone, which takes your retina scan, your blood sample and you

breath into it.  It then analyses 54 bio-markers that will identify nearly any Disease. There are dozens of phone apps out there right now for health purposes. 

WELCOME TO TOMORROW - it actually arrived a few years ago.

Thanks Kerry