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Technology Taking Over

Jimit

Village Sponsor
#1
In a recent interview the MD of Daimler Benz (Mercedes Benz) said their competitors are no longer other car companies but Tesla (obvious), Google, Apple, Amazon .
Software will 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
Airbnb is now the biggest hotel company in the world, although they don't own any properties.
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 US, young lawyers already don't get jobs. Because of IBM Watson, you can get legal advice (so far for more or less 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% less lawyers in the future, only specialists will remain.
Watson already helps nurses diagnosing cancer, 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 will appear for the public. Around 2020, the complete industry will start to be disrupted. You don't want to own a car anymore. 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 only pay for the driven distance and can be productive while driving. Our kids will never get a driver's licence and will never own a car.
It will change the cities, because we will need 90-95% less cars for that. We can transform former parking spaces into parks. 1.2 million people die each year in car accidents worldwide. We now have one accident every 60,000 miles (100,000 km), with autonomous driving that will drop to one accident in 6 million miles (10 million km). That will save a million lives each year.
Most car companies will probably become bankrupt. Traditional car companies 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.
Many engineers from Volkswagen and Audi; are completely terrified of Tesla.
Insurance companies will have massive trouble because without accidents, the insurance will become 100x cheaper. Their car insurance business model will disappear.
Real estate will change. Because if you can work while you commute, people will move further away to live in a more beautiful neighborhood.
Electric cars will become mainstream about 2020. Cities will be less noisy because all new cars will run on electricity. 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.
Last year, more solar energy was installed worldwide than fossil. Energy companies are desperately trying to limit access to the grid to prevent competition from home solar installations, but that can't last. Technology will take care of that strategy.
With cheap electricity comes cheap and abundant water. Desalination of salt water now only needs 2kWh per cubic meter (@ 0.25 cents). We don't have scarce water in most places, we only have scarce drinking water. Imagine what will be possible if anyone can have as much clean water as he wants, for nearly no cost.
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 biomarkers that will identify nearly any disease. It will be cheap, so in a few years everyone on this planet will have access to world class medical analysis, nearly for free. Goodbye, medical establishment.
3D printing: The price of the cheapest 3D printer came down from $18,000 to $400 within 10 years. In the same time, it became 100 times faster. All major shoe companies have already started 3D printing shoes.
Some spare airplane parts are already 3D printed in remote airports. The space station now has a printer that eliminates the need for the large amount of spare parts they used to have in the past.
At the end of this year, new smart phones will have 3D scanning possibilities. You can then 3D scan your feet and print your perfect shoe at home.
In China, they already 3D printed and built a complete 6-storey office building. By 2027, 10% of everything that's being produced will be 3D printed.
Business opportunities: If you think of a niche you want to go in, ask yourself: "in the future, do you think we will have that?" and if the answer is yes, how can you make that happen sooner?
If it doesn't work with your phone, forget the idea. And any idea designed for success in the 20th century is doomed to failure in the 21st century.
Work: 70-80% of jobs will disappear in the next 20 years. There will be a lot of new jobs, but it is not clear if there will be enough new jobs in such a small time.
Agriculture: There will be a $100 agricultural robot in the future. Farmers in 3rd world countries can then become managers of their field instead of working all day on their fields.
Aeroponics will need much less water. The first Petri dish produced veal, is now available and will be cheaper than cow produced veal in 2018. Right now, 30% of all agricultural surfaces is used for cows. Imagine if we don't need that space anymore. There are several startups who will bring insect protein to the market shortly. It contains more protein than meat. It will be labelled as "alternative protein source" (because most people still reject the idea of eating insects).
There is an app called "moodies" which can already tell in which mood you're in. By 2020 there will be apps that can tell by your facial expressions, if you are lying. Imagine a political debate where it's being displayed when they're telling the truth and when they're not.
Bitcoin may even become the default reserve currency ... Of the world!
Longevity: Right now, the average life span increases by 3 months per year. Four years ago, the life span used to be 79 years, now it's 80 years. The increase itself is increasing and by 2036, there will be more than one year increase per year. So we all might live for a long long time, probably way more than 100.
Education: The cheapest smart phones are already at $10 in Africa and Asia. By 2020, 70% of all humans will own a smart phone. That means, everyone has the same access to world class education.
Every child can use Khan academy for everything a child needs to learn at school in First World countries. There have already been releases of software in Indonesia and soon there will be releases in Arabic, Suaheli and Chinese this summer. I can see enormous potential if we give the English app for free, so that children in Africa and everywhere else can become fluent in English and that could happen within half a year.
Must read article on how our lives will change dramatically in 20 years by CEO of Mercedes
 

kasaman

Village Elder
#5
Technology is the way to go
This morning i viewed a programme in ntv where the Principal Kabete National poly was talking about TVET Programs, young Kenyan have an opportunity in mordern technology.
 
D

Deorro

Guest
#7
Hapo kwa magari nitazidi kukataa. Volkwasgen are so ready for self driving cars. Lemme just say all traditional car manufacturers are, ni mdomo tu ndio hawana kama Tesla
 

Jimit

Village Sponsor
#8
Hapo kwa magari nitazidi kukataa. Volkwasgen are so ready for self driving cars. Lemme just say all traditional car manufacturers are, ni mdomo tu ndio hawana kama Tesla
my exact thoughts, you cant continue dishing out products that are no longer appealing to society, every company by now should have learnt from Nokia
 

Shemeji_x

Village Elder
#10
Read in some RC (hizo days za akina silk road) that in coming years a software sampuli ya blockchain will be developed and cars will own themselves. You enter the car key in location and money is charged automatically from your account. The cars will then use that cash to pay for maintenance and other things . sounds far fetched but it might sooner than most people think.
 
#11
Well, for cancer diagnosis, we'll still need doctors to do that. IBM Watson is still being fed (trained)on how to do this. Furthermore, oncologists still find it difficult to diagnose cancer at an early stage, so how will a computer diagnose the same cancer using the same signs and symptoms fed by the doctor?

For those studying computer & IT related bachelor degrees, stop it and go study at home. Currently, the market is flooded with cloud-based courses. Go search for skills. The highly skilled you are the better.
 

Jabali

Village Elder
#14
In Finance technological disruption is happening faster than earlier anticipated.Now organisations are moving away from the traditional Risk pricing models in consumer credit profiling to a more technological gauge on behaviour and routine using data mining and firewall penetration.Mobile apps like kina Tala and Branch are the next Big things of our time.The largest financial institutions in futurewill be Fintech Companies.This new model is especially more accurate as it uses real data and can even detect frauds to come up with an individuals credit worth.Combine this with Block chain and u have a winner..It is more convenient esp for developing economies that depend on Small and mid size enterprises.It is more inclusive as indivuals who previously could not access loans can now do.Its more risker though because its unsecured
 

Jabali

Village Elder
#15
my exact thoughts, you cant continue dishing out products that are no longer appealing to society, every company by now should have learnt from Nokia
Ninakubaliana na ww lakini Nokia Did not exactly fail.It sold its mobile handset devices business to Microsoft for $7B and diversified to providing telecommunications infrastructure Business.Its among the largest in the world.Wao ndo wenye Alacatel-Lucent
 

Walker

Village Elder
#16
Read in some RC (hizo days za akina silk road) that in coming years a software sampuli ya blockchain will be developed and cars will own themselves. You enter the car key in location and money is charged automatically from your account. The cars will then use that cash to pay for maintenance and other things . sounds far fetched but it might sooner than most people think.
:eek::eek::eek:Had heard about self driving cars but I'm hearing for the first time about cars owning themselves
 
#17
Read in some RC (hizo days za akina silk road) that in coming years a software sampuli ya blockchain will be developed and cars will own themselves. You enter the car key in location and money is charged automatically from your account. The cars will then use that cash to pay for maintenance and other things . sounds far fetched but it might sooner than most people think.
Then we will also be meeting up in clubs and sharing drinks talking about women and how female cars are bad drivers.

Usisaidiwe kufikiria kila kitu.
 

Gio

Village Elder
#19
Hapo kwa magari nitazidi kukataa. Volkwasgen are so ready for self driving cars. Lemme just say all traditional car manufacturers are, ni mdomo tu ndio hawana kama Tesla
No other car company has released their vehicles to the public that can match Tesla, only the Nissan leaf and design wise, well it's a no brainer. The Volvo and Porsche mission E isn't due till late next year or early 2019, and will they match the price point of the Model 3? Tesla are launching their electric semi truck tonight, and think only one other company has launched an electric truck, not sure it's 100% electric. @Shemeji_x I read about the Tesla network plan and works almost the same, you can use the car as a taxi when you are at work and it will drive itself around think when full level autonomous driving is in play, Will be interesting to see how that plays out.
 

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