Notes

A New Technology THAT MAY Change Everything
Every couple of years someone claims that the planet will be changed by way of a new technology. Sometimes they are right, and other times they're wrong. This has lead many of us to believe that people 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 high tech gadgetry and there is no end in sight. Normally there is not an instant effect caused by new inventions. It takes time for people, industry and governments to regulate. During those periods of adjustment the technology has time to become refined and less costly. Workers who lose their jobs to new technologies find yourself having to search for other styles of employment. This can be a cycle that people have observed because the dawn of the industrial revolution, and now it is about to happen all over again in an enormous way.

When cell phones came along most people considered them as a fresh toy for the wealthy. Today, most people have one and for many the phone within their pocket is the only 1 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 take care of. The downside is that we can't hide from the world unless we simply do not answer our calls. Add to that the point that we are able to easily become dependent on social media, texting, games and all kinds of online activities.

When the "mobile phone" revolution first began to explode a lot of investors and venture capitalists thought they would make a fortune investing in various schemes to get or sell phones or air time. The majority of those investments fell flat and ended up being loss leaders. This is why you should see what's coming, know when to produce a purchase; or invest and how. Otherwise is it all too an easy task to become a victim of new technology. In the event that you dout this just visit any garage sale or junk shop where you will discover all kinds of technology that was likely to go on for a long time and expand into more complex versions. Cases: 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 computers first appeared these were expensive toys designed for geeks who loved electronics. Even after companies like Apple designed machines that might be attractive to everyone, they often times became obsolete by enough time they hit store shelves. People made and lost fortunes over these. That is because those early computers represented the type of advanced technology that kept advancing so rapidly that it left very little time for consumers to catch up. Lots of people jumped into the early versions of the machines for fear they might be left behind. I remember buying a couple of different and unique computer systems with all their great features during the 1980s. Do not require lasted or really did all that I wanted them to accomplish. 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, t here fore i learned a lot about how exactly these machines and their programs worked.

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

In 2001 the Segway PT was unveiled. This two-wheeled people transport device was said to be another big thing. Even Steve Jobs said that this invention would be "as big a deal as the PC." However, unlike cell phones, personal computers or the web, the Segway had a restricted market. Children, senior citizens and several disabled persons can use cell phones, computers and the Internet. Most them could not or would not utilize the Segway. These personal transportation oddities fit the needs of various industries and businesses much like the robots and programmable machines that have taken over many manufacturing and other jobs, but like those devices the Segway has many limitations in terms of users, terrain and applications which have kept it from being the huge success that lots of once thought it will be. Wide appeal, application and usage are the key components to any truly successful new technology and one is about to begin with a slow burn that may result in an explosive change in society and the planet of finance.

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

This new technology will not appear overnight, nonetheless it will benefit everyone instead of just being attractive to a distinct segment market. It will be refined and slowly introduced to people a little at the same time. When all of the research and trials come to fruition, fully automated cars will begin to make a huge impact everywhere. Insurance firms that depend mostly on auto policies will quickly disappear. Auto body shops will undoubtedly be as rare as photo developing stands. The numbers of people who die or are severely injured in auto accidents will probably drop to an almost insignificant amount. Personal injury lawyers will need to look for new clients. Police Officers will have to find new and creative methods to write tickets. The cost of gas will fall dramatically as a result of efficiency of self-driving vehicles: Most automated cars will probably 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 will no longer need to wear themselves out by constantly handling the operation of such huge and cumbersome vehicles. That means they may be in a position to remain on board for longer periods of time. Lowering the price of delivery to market allows many services to be introduced that may have been unavailable due to those cost factors. The trouble and complexity of managing huge traffic systems will be lessened and the experience of having to travel at a snail's pace to and from work through the rush hour will be all but eliminated. The money saved by the implementation of self-drive vehicles could be used to repair and replace the many roads, bridges and tunnels that have become dangerous to use or are simply just obsolete.

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

Things are moving fast in terms of 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 there will be all sorts of brand new after market and technological accommodation opportunities to create lots of money for small investors when the time is right. Consider all the new gadgets and systems that may appear as needed when this new technology becomes prevalent. Until then it is would be a wise new car buyer or high tech investor that keeps his / her eyes on self-drive vehicles and the markets they'll shortly begin to create.
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