Recently, someone shared a very interesting inforgraphic on the future of cars. I get these requests to share content on a regular basis, and I assess them based on their insight and potential value to my readers. This is an example of a very well done Infographic with a great deal of insight. Below is an introduction and the infographic. Enjoy!
The future of cars is a popular topic these days. In a recent Article by Drew Page, he explores self-driving cars in detail, including the hardware, software, points of failure, issues, and levels of autonomy. The article uses this brilliant infographic from The Simple Dollar to describe these various areas. It is hard to get consensus from experts on when they envision full autonomy. In light of this, continuous education and awareness is critical, making articles such as this one critical. Although the benefits of full autonomy are fairly clear (a dramatic drop in auto fatalities, positive environmental impact, etc.), the risks are just as important to consider.
I highly recommend a quick read of the above mentioned article and a thoughtful journey through this infographic.
This Recent Article is the result of a collaborative effort between TCS and the Clayton Christensen Institute. The article examines the strategic choices faced by various players in the emerging Mobility Ecosystem – viewed through the lens of the Theory of Disruptive Innovation. It outlines the best course of action for achieving long-term profitability in the ride-hailing market.
As with any future scenario, the variables that must be considered in determining the path of the scenario can be overwhelming – There is Peril in Predicting. However, inaction is not an option. Strategic choices must be explored.
I recently came across a very good Infographic that describes the future of cars. Here is the abstract from the Carsurance website:
The future of cars undoubtedly seems exciting. Up to this point, cars were viewed primarily as a convenient method of transportation. The main advancements were made in reliability, safety, performance, and overall comfort. However, the advent of the internet and artificial intelligence unlocked a whole new field of progress in the auto industry.
An automobile of the future is not just a machine for driving to your desired destination. It’s a fully automated system that makes all the decisions for you while you enjoy the latest content on its premium audio-visual system.
Want to change the route? Just give a verbal command and the cars of the future will know what to do. Worrying about crashing or getting a citation? The vehicles of tomorrow will carry self-driving software that is so reliable, humans do not even come close.
Reducing carbon emission is another crucial challenge for the car industry. Electric and hybrid cars, with their replicable batteries, seem like a convenient solution. However, future cars could rely on even more advanced fuels.
I am a big believer in rehearsing the future versus attempting to predict it. The wild swings we experience when following future scenarios can range from bold predictions of imminent manifestation to dire warnings that a scenario will never be realized. In this Recent Article, the author describes how the auto industry is rethinking the timetable to realizing level 5 autonomy. Turns out we underestimate the human intelligence required to drive a car and overestimate our ability to replicate it. The article provides simple examples:
When a piece of cardboard blows across a roadway 200 yards ahead, for example, human drivers quickly determine whether they should run over it or veer around it. Not so for a machine. Is it a piece of metal? Is it heavy or light? Does a machine even “know” that a heavy chunk of metal doesn’t blow across the roadway? It’s a tougher problem.
Or how about this challenge that humans for the most part handle very well:
When a car arrives at a four-way stop at the same time as another vehicle, for example, it’s a dilemma for a machine. Human drivers tend to nod or make eye contact, but micro-controllers can’t do that.
The hype around autonomous technology continues. The focus, investment and rapid advancement in this space has changed the way leaders Think about the Future. The science-fiction feel of a future-focused discussion has disappeared – replaced by the reality that the future is appearing faster than we think. Look no further than self-driving delivery.
The convergence that is steering our emerging future manifests itself through a number of scenarios that drive multiple paradigm shifts. As the shifts themselves converge, they intensify the critical need for leaders to think differently about a world where the future arrives faster than people think. Some time ago, I had a great conversation with Chunka Mui regarding pace, the sheer number of shifts, and the need to think differently. We used the autonomous vehicle to explore the challenges of our emerging future. I will present the full discussion in five short segments, along with white board animation to visualize our dialog.
Chunka Mui is the managing director of the Devil’s Advocate Group, a consulting team that helps organizations design and stress test their innovation strategies. As a consultant on strategy and innovation, Mr. Mui has spent considerable time analyzing the autonomous vehicle scenario. He asked a question in his book The New Killer Apps about autonomous vehicles and what happens if traffic accidents are reduced by 90% as Google predicts. This simple question makes visible the broad and deep implications of these future scenarios. As society responds to their implications, new ecosystems emerge that alter our world. In this case, the vehicle is one of numerous components of an emerging mobility ecosystem that is defined by the responses that are playing out right now.
Here is the first of the five segments: