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're right, and other times they're wrong. This has lead most of us to believe that we have all placed an excessive amount of faith in the technological revolution. Despite all our criticism, concerns and fears about anything new which involves a microchip, no-one can deny that the planet has changed for the better or worse thanks to hi-tech gadgetry and there is absolutely no end in sight. In many instances there is not an instantaneous effect caused by new inventions. It requires time for folks, industry and governments to regulate. During those periods of adjustment the technology has time and energy to become refined and less expensive. Workers who lose their jobs to new technologies find yourself having to look for other types of employment. This is the cycle that people have observed because the dawn of the industrial revolution, and now it is going to happen yet again in an enormous way.

When cell phones came along most people considered them as a new toy for the wealthy. Today, a lot of people have one and for most the phone within their pocket is the only one they have. The instant upside is that we can easily stay static 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't hide from the planet unless we simply usually do not answer our calls. Increase that the fact that we are able to easily become dependent on social media, texting, games and all sorts of online activities.

When the "mobile phone" revolution first started to explode a lot of investors and venture capitalists thought they might make a fortune investing in various schemes to buy 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 is coming, know when to make a purchase; or invest and how. Otherwise is it all too an easy task to become a victim of new technology. If you dout this just visit any garage sale or junk shop where you will find a variety of technology that was likely to go on for a long time 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 computers first appeared they were expensive toys designed for geeks who loved electronics. Even with companies like Apple designed machines that would be attractive to everyone, they often became obsolete by enough time they hit store shelves. People made and lost fortunes over these. That is because those early computers represented the sort of advanced technology that kept advancing so rapidly that it left very little time for consumers to catch up. Many people jumped in to the early versions of the machines for fear that they might be left out. I remember investing in a bunch of different and unique personal computers with all their bells and whistles during the 1980s. Do not require lasted or really did all that I wanted them to do. The upside for me personally was that I had to create my own programs for most of them to do what I wanted them to do, so I learned a lot about how exactly these machines and their programs worked.

I recall once the "World Wide Web" was suddenly transitioned from a secretive way for the U.S. Military and Government to communicate and exchange data to a location where individuals were 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 phone numbers to web addresses. Once the early Windows os's started to appear their emphasis was on PC applications. By enough time that Windows 95 was released, even the venerable Bill Gates admitted he had vastly underestimated how popular and important the web would become. A lot of other investors and companies saw the potential and rushed to get in on the excitement by creating ONLINE SITES Providers with e-mail. Since that time most of them have vanished or become a part of conglomerates. Understanding or seeing the potential of new technology is never enough. You should know how to avoid the hype, survive the changes and possibly even make some money along the way.

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

Some time ago Google demonstrated their self-drive car to a public underwhelmed by what they saw. The problem was that it was kind of ugly with that weird rotating thing at the top and most people had no faith that fully automated vehicles could ever take over the roadways of the world. What people did not know then and many still have no clue about today is that lots of tech and car companies are currently betting the farm on the fact that self-drive vehicles will need over the road within the next ten to two decades. We curently have vehicles that may park themselves and today come with a wide variety of safety or anti-collision devices on board. Some vehicles now have the opportunity to make automated decisions about braking, parking and other maneuvers. Could it be that hard to trust that you will see much more to come?

This new technology won't appear overnight, but it will benefit everyone rather than just being attractive to a distinct segment market. It is going to be refined and slowly introduced to people a little at a time. When all 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 quickly disappear. Auto body shops will undoubtedly be as rare as photo developing stands. The amounts of individuals who die or are severely injured in auto accidents will probably drop to an almost insignificant amount. Accidental injury lawyers will have to look for new customers. Police Officers will have to find new and creative ways to write tickets. The price of gas will fall dramatically as a result of 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 grab and deliver more frequently. Despite having read more 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 able to stick to board for longer intervals. Lowering the expense of delivery to market will allow many new products to be introduced that may 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 travel at a snail's pace to and from work during 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 repair and replace the many roads, bridges and tunnels that have become dangerous to use or are simply obsolete.

Governments see the potential of automated vehicles. We know this because many are slowly, but surely, adapting or enacting laws to accommodate 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 operate, with many others having already proposed pending legislation. Many state legislators have quietly been told to expect some fully automated vehicles by 2018-2020 at the latest. What concerns government officials and the developers of this new technology will be the hackers. They can already use the existing technology in lots of new vehicles to take them over and bypass drivers. That is a real concern that must be dealt with from a 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 will not imply that small investors or venture capitalists should invest in them right now. The truth is that no-one really knows what twists and turns this new technology will take. Besides, I am certain that you will see all sorts of brand new after market and technological accommodation opportunities to create a lot of money for small investors when the time is right. Consider all the new gadgets and systems which will appear as needed when this new technology becomes prevalent. Until then it really is will be a wise new car buyer or hi-tech investor that keeps her or his eyes on self-drive vehicles and the markets they'll shortly begin to create.