Notes

A New Technology WHICH WILL Change Everything
Every few years someone claims that the world will be changed by way of a new technology. Sometimes they're right, along with other times they're wrong. It has lead a lot of us to believe that we have all placed too much faith in the technological revolution. Despite all our criticism, concerns and fears about anything new that involves a microchip, no one can deny that the planet has changed for the better or worse because of hi-tech gadgetry and there is absolutely no end in sight. Usually there is not an instantaneous effect due to new inventions. It takes time for folks, industry and governments to regulate. During those periods of adjustment the technology has time to become refined and less expensive. Workers who lose their jobs to new technologies find yourself having to search for other styles of employment. This is the cycle that people have experienced since the dawn of the industrial revolution, and now it is about to happen all over again in an enormous way.

When cell phones arrived most people thought of them as a fresh toy for the wealthy. Today, most people have one and for most the phone in their pocket is the only one they have. The moment upside is that people can easily stay in touch with our family, friends, employers or business contacts. A lot more than just personal communication devices, smart phones now allow us to take care of many tasks that once required a PC to handle. The downside is that we can no longer hide from the world unless we simply do not answer our calls. Add to that the point that we can easily become addicted to social media marketing, texting, games and all sorts of online activities.

When the "cellular phone" revolution first started to explode a great deal of investors and venture capitalists thought they might make a fortune buying various schemes to get or sell phones or air time. The majority of those investments fell flat and ended up being loss leaders. That is why it is important to see what is coming, know when to make a purchase; or invest and how. Otherwise could it be all too easy to turn into a victim of new technology. If you dout this just visit any garage sale or junk shop where you will discover a variety of technology that was likely to go on for years and expand into more complex versions. Good examples: Atari Game Systems, The Adam Computer, Game Boy, 8mm amd VHS Camcorders, Betamax and VHS Video Recorders/Players, Laser Disc Players, Cassette, 8 Track and Reel to Reel Tapes and Machines, Telex Machines, PDAs, Portable Televisions, LED Watches and Typewriters.

When personal computers first appeared they were expensive toys created for geeks who loved electronics. Even with companies like Apple designed machines that would be attractive to everyone, they often became obsolete by the time they hit store shelves. People made and lost fortunes of these. That is because those early computers represented the type of advanced technology that kept advancing so rapidly that it left hardly any time for consumers to catch up. Many people jumped in to the early versions of the machines for fear that they might be left behind. I remember buying a bunch of different and unique personal computers with all their great features during the 1980s. Do not require lasted or really did all that I needed them to do. The upside for me was that I had to write my own programs for some of them to accomplish what I needed them to do, so I learned a lot about how exactly these machines and their programs worked.

I recall once the "INTERNET" was suddenly transitioned from a secretive method for the U.S. Military and Government to communicate and exchange data to a location where everyone was welcomed. A lot of people ignored or downplayed it at that time. However, before long all those popular electronic Bulletin Boards accessible by computer modems begun to quickly relocate from telephone numbers to web addresses. Once the early Windows os's started to appear their emphasis was on PC applications. By the time that Windows 95 was released, even the venerable Bill Gates admitted that he had vastly underestimated how popular and important the Internet would become. A great deal of other investors and companies saw the potential and rushed to obtain in on the excitement by creating Internet Service Providers with electronic mail. Since that time many of them have vanished or be a part of conglomerates. Understanding or seeing the potential of new technology is never enough. You have to know how to avoid the hype, survive the changes and perhaps even make some money along the way.

In 2001 the Segway PT was unveiled. This two-wheeled people transport device was supposed to be the next big thing. Even Steve Jobs said that invention will be "as big a deal as the PC." However, unlike cell phones, personal computers or the Internet, the Segway had a limited market. Children, senior citizens and many disabled persons can use cell phones, personal computers and the web. Most them cannot or would not use the Segway. check here fit the requirements of varied industries and businesses similar to the robots and programmable machines which have taken over many manufacturing and other jobs, but like those devices the Segway has many limitations with regard to users, terrain and applications that have kept it from being the huge success that many once thought it will be. Wide appeal, application and usage will be the key components to any truly successful new technology and something is about to begin with a slow burn which will result in an explosive change in society and the world of finance.

Some time ago Google demonstrated their self-drive car to a public underwhelmed with what they saw. The issue was that it was sort of ugly with that weird rotating thing on top & most people had no faith that fully automated vehicles could ever take over the roadways of the planet. What people did not know then and many still have no clue about today is that many tech and car companies are currently betting the farm on the fact that self-drive vehicles will take over the road next ten to twenty years. We already have vehicles that can park themselves and today come with a wide selection of safety or anti-collision devices up to speed. Some vehicles will have the opportunity to make automated decisions about braking, parking and other maneuvers. Is it that hard to trust that there will be much more to come?

This new technology will not appear overnight, but it will benefit everyone instead of just being attractive to a niche market. It is going to be refined and slowly introduced to people just a little at a time. When all of the research and trials come to fruition, fully automated cars will quickly make a huge impact everywhere. Insurance companies that depend mostly on auto policies will begin to disappear. Auto body shops will be as rare as photo developing stands. The numbers of people who die or are severely injured in auto accidents will likely drop to an almost insignificant amount. Personal injury lawyers will have to look for new customers. Police Officers will have to find new and creative methods to write tickets. The price of gas will fall dramatically due to the efficiency of self-driving vehicles: Most automated cars is going to be powered by hybrid or alternative energy sources.

Prices on some consumer goods will drop as automated trucks hit the road and are in a position to pick up and deliver more frequently. Even with human monitors up to speed, those people won't have to wear themselves out by constantly handling the operation of such huge and cumbersome vehicles. Which means they may be able to stick to board for longer periods of time. Lowering the price of delivery to market allows many services to be introduced that might have been unavailable due to those cost factors. The expense and complexity of managing huge traffic systems will be lessened and the knowledge of having to visit at a snail's pace to and from work through the rush hour will undoubtedly be all but eliminated. The amount of money saved by the implementation of self-drive vehicles could possibly be used to correct and replace the countless roads, bridges and tunnels which have become dangerous to utilize or are simply just obsolete.

Governments start to see the potential of automated vehicles. We know this because many are slowly, but surely, adapting or enacting laws to support this new technology. Self-drive vehicles already are legal for the purposes of research and development as far as the federal government is concerned. Several U.S. States also have made them legal to use, with many others having already proposed pending legislation. Many state legislators have quietly been told to anticipate some fully automated vehicles by 2018-2020 at the most recent. What concerns government officials and the developers of this new technology will be the hackers. They are able to already utilize the existing technology in many new vehicles to take them over and bypass drivers. That is a real concern that must be dealt with from the legal and technological standpoint. That need for failsafe automated vehicles are among the things slowing their development and appearance in new car dealer show rooms.

Things are moving fast when it comes to fully automated vehicles, but that does not imply that small investors or venture capitalists should invest in them right now. The simple truth is that no one really knows what twists and turns this new technology will need. Besides, I am certain that you will see all sorts of completely new after market and technological accommodation opportunities to create lots of money for small investors when the time is right. Consider all of the new gadgets and systems which will appear as needed when this new technology becomes prevalent. Until then it is will be a wise new car buyer or high tech investor that keeps her or his eyes on self-drive vehicles and the markets they will shortly begin to create.
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