4 Game-Changing Ways to Get from Here to There

Key Takeaways

  • Autonomous vehicles, telepresence robotics, the Hyperloop and aerial transport are just some of the technologies that will likely change our lives for the better.
  • It takes smart humans to design technology that overcomes our flaws.
  • Overwhelmed by new technology? Don’t miss our third annual Technology Night Thursday, October 8, which is being held in our offices from 5pm to 9pm.

About 15 years ago, my kids got me a Sky Car that we thought would revolutionize the way people traveled. Of course, it didn’t work out for a variety of reasons, but there have been tremendous advances in transportation technology in recent years, and I want to share four of them with you.

  1. Autonomous vehicles. You’ve probably heard of Google’s self-driving cars—3.1 million miles on the road, and we believe there’ll be 54 million autonomous vehicles on the road within 20 years. They don’t drive drunk. They don’t text. They don’t have Alzheimer’s or fall asleep behind the wheel. Autonomous vehicles could save 1.2 million lives per year, and also reduce road congestion and save energy because they’re smaller than normal cars.
  2. Telepresence robotics. Beam telepresence robots (shown in the video above) are another game changer. I know a business owner who uses this telepresence technology to stay in touch with clients and employees in four remote offices that he “visits” on a daily basis. This technology allows you to converse (and make direct eye contact) with others in real time, and saves you a tremendous amount of time and money by allowing you to avoid air travel to “attend” these meetings.
  3. Hyperloop. A few years ago, California announced a $69 billion project to build a high-speed train between Los Angeles and San Francisco. Elon Musk, creator of Space X, Tesla and Solar City, has taken it a step further and published a paper about the Hyperloop—a cross between a Concord airplane, a rail gun and air hockey.Think of the Hyperloop as a tube with a vehicle inside of it, traveling up to 700 miles per hour—even faster than air travel and only one-tenth the cost if commercialized. If testing goes well, you could travel between Los Angeles and San Francisco in 30 minutes! How about New York to Philadelphia in just 10 minutes! If successful, the Hyperloop will significantly alter the boundaries of where we live and work and make city centers less crucial.
  4. Aerial transport. Remember the Sky Car I mentioned earlier? Now we have drones everywhere. We’ve got lightweight materials, high-density batteries and GPS navigation. These advances enable us to build very small, efficient cars to move us from place to place. They can be aerial versions of Uber, on call 24/7, flying at 500 feet, and taking off and landing in parking lots. A number of companies are pouring significant time and money into these game-changing technologies.

The future is exciting, but also daunting for many. That’s why we’re having our third annual Technology Night on Thursday, October 8, in our offices from 5 to 9 pm.

So until next time, enjoy. Gary

www.coylefinancial.com
800-480-7913 | coyle@coylefinancial.com

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