Future Reality 10-20 Years
THERE IS REASON TO BELIEVE MOST OR ALL OF THE FOLLOWING WILL BECOME REALITY IN THE NEXT 10-20 YEARS . . . . MOST OF US WON’T SEE THE CHANGES, BUT OUR KIDS AND GRAND-KIDS WILL !!
1 – Auto repair shops will disappear . . . .
2 – A petrol/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 – Petrol pumps 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 the developed world . . . .
7 – Smart major auto manufacturers have already designated money to start building new plants that build ONLY electric cars . . . .
8 – The “Coal Industries” 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 the 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 even 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 even 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 all exponential technologies, it was a disappointment in the beginning . . . . before it became way superior and mainstream in only a few short years . . . .
15 – It will now happen again (but much faster) with Artificial Intelligence (AI), 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 any taxi driver if they saw that coming) . . . .
19 – AIR-BnB is now the biggest hotel company in the world . . . . (they don’t own any properties) . . . . Ask Hilton Hotels or the 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 so far 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 and only omniscient specialists will remain . . . .
22 – WATSON already helps nurses diagnosing cancer . . . . it’s 4 times more accurate and many times faster than human nurses . . . .
23 – Facebook now has a ‘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 start to be disrupted . . . . You won’t want to own a car any more as you will call a car with your phone, 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 . The very 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% to 95% 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). That includes distracted or drunk drivers . . . . We currently have one accident 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, worldwide each year . . . .
28 – Most traditional car companies will doubtless become bankrupt . . . . They 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 . . . .
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 hybrid 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 offering all-electric vehicles . . . That was unheard of, only a few years ago . . . .
31 – Insurance companies will have massive trouble to . . . . because, without accidents, the costs 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 about 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 . . . .
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” from Star Trek that works with your phone, which takes your retina scan, a sample of your blood, then you breath into it . . . . It then analyses 54 biomarkers that will identify nearly any disease . . . . There are dozens of phone apps out there right now for health . . . .
WELCOME TO TOMORROW – some of it actually arrived a few years ago . . . . And, wouldn’t you know it, I’m still trying to figure out how to use my cell phone !!
Hope you all have an AWESOME weekend!!!
Brian McCullough, RE/MAX of Nanaimo
#1-5140 Metral Drive
Nanaimo, BC V9T 2K8
Office: (250) -751 – 1223