Technology is in the process of completely transforming all aspects of 4 industries – construction, medicine, retail, and transport – with a significant reduction in the need for human labor. Here is the impact on the Transport Industry:
- The return of electric-motorized vehicles (invented in 1884; by the early 1900s, nearly 40% of American cars were electric) will decimate the current car industry infrastructure (dealers, maintenance and repair, gas stations). Nearly 20 major countries have stated their intent to phase out combustion engines.
- The development of autonomous vehicles (cars, buses, trucks, trains, ships, and aircraft) will increase travel safety, while not requiring human control.
- Vehicle sharing/renting (Uber, Lyft) will reduce car ownership, especially in cities, which will reduce the need for parking spaces, freeing up large areas for pedestrian traffic. Garages will be turned into mini-apartments.
- High-speed inter-city travel (via trains or hyperloop tunnels) will enable long distance commuting.
- The time for Inter-continental travel will also be greatly reduced (hyperloop, space travel).
- Flying taxis will start operating in a few cities world-wide in 2020.
- Elon Musk has innovative businesses involving many of the above: Tesla (autonomous electric vehicles), Solar City (batteries), The Boring Company (tunnels for hyperloop travel), Space X (hyperloop, inter-continental travel).
The technologies involved in the above include electric motors, energy storage (electric car batteries), AI (autonomous operation), hyperloop (inter-city travel), drones (flying taxis), reusable space shuttles (inter-continental travel), virtual reality (travel booking)..
The number of jobs in the Transport Industry will be significantly reduced:
- Autonomous operation will eliminate the need for truck drivers and couriers (including pizza delivery drivers), and reduce the need for ship crews and aircraft pilots.
- Electric cars will reduce the need for car salespeople, distributorships, and mechanics.
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How tech will revolutionize transportation in the 2020s (AI, Hyperloop – 2018-02 – ZDNet)
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5 coming breakthroughs in transportation in the next 5 years (2019-05 - Singularity Hub)
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Over 1 million electric cars sold in the U.S. (Transport/Electric cars- 2018-12 - ScienceBlog)
2017 worldwide sales of plug-in electric vehicles were 1,227,117 with U.S. sales of 199,826 (+26% over 2016). For Jan-Nov 2018, U.S. sales were 312,877 (+80%).
Walmart to track lettuce from farm to store, using a blockchain (Transport/Supply Chain- 2018-09 - The Next Web)
Walmart is asking all its leafy greens suppliers to get on blockchain by October 2019. With instances of E. coli on the rise, using a blockchain to track and trace products from source to customer will enable diseased produce to be identified and destroyed.
Gita will carry your stuff and follow you everywhere (Transport/Personal- 2018-08 - Entrepreneur)
Designed to transport items, Gita is a blue 26″ ball-shaped robot that features 2 wheels, a hard shell, and several cameras and sensors. A human wears an electronic belt to guide it, but Gita can also roll autonomously in a pre-mapped area. Gita can carry up to 40 lbs, and travel at 22 mph.
Almonds sent from Australia to Germany in a blockchain-based supply chain trial (Transport/Supply Chain- 2018-07 - ZDNet)
The Commonwealth Bank of Australia has successfully completed a global trade experiment, shipping 17 tons of almonds to Germany, tracked via blockchain.
The new commute: How driverless cars, hyperloop, and drones will change our travel plans (Transport- 2018-06 - TechRepublic)
This lengthy article examines the impact of current transport technologies, including: Connected and Autonomous Vehicles; Delivery Drones; Flying Taxis; Hyperloop; and Smart Cities.
IBM And Maersk start blockchain supply chain company, to be operational 3Q2018 (Blockchain/Shipping - 2018-01 - CoinTelegraph)
IBM and Danish transport and logistics company Maersk are creating a shipping and supply chain company to commercialize Blockchain for all aspects of the global supply chain system, from shipping to ports, and banks to customs offices. Delivery is expected for 3Q2018.