Some very interesting predictions (Only time will tell, to what extent they will come true)

asr335704

While disussing with my friends and reading about Artificial Intelligence today, I stumbled upon an article which forced me to think about its future implications. I thought to share this article here:

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. 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 and Polaroid, will happen in a lot of industries in the next 5-10 years and most people don't see it 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. About 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 your 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.

For more details, you may read this article here: Source

Jbnast

...Welcome to Tomorrow...and the day after tomorrow is approaching even faster!!!

Rhett_Bassard

Jbnast 8-7-2019 08:20 AM
...Welcome to Tomorrow...and the day after tomorrow is approaching even faster!!!

The day after tomorrow is already here.

Rhett_Bassard

From first-hand experience, I can tell you what happened to Kodak:
the employees robbed them into ruin.

Kodak hired entire families with few checks and balances. The families grew entitled.
With entitlement comes "what's mine is mine and what's yours is also mine.'
Kind of like the pink tide of Socialism spreading across the US.
Kodak employees figured out how to steal silver from the film emulsion process.
There was always a seller who had goods that 'fell off' a Kodak truck, e.g.
construction material, labware, computers, or food (Kodak had huge cafeterias to feed their employees at discount).

'Rob from the rich, give to the poor' has become extremely corrupted and egocentric.

asr335704

Rhett Bassard 9-7-2019 02:39 AM
From first-hand experience, I can tell you what happened to Kodak:
the employees robbed them into r ...

That is some good info. Thanks for sharing it.

themaskeditor

As per the current scenario it seems most of the predictions would come true.