#global autonomous vehicles market

[renubresearch]

Autonomous Vehicles Market will be US$ 211.86 Billion by 2032

Global Autonomous Vehicles Market Analysis The global market for autonomous vehicles is projected to experience significant growth, reaching a value of US$211.86 billion by 2032. This is a substantial increase from its value of US$33.41 billion in 2023, reflecting a notable compound annual growth rate (CAGR) of 22.7% during the period from 2024 to 2032. Autonomous Vehicles…

[techdriveplay]

Is the Number of Petrol Cars Declining?

The automotive landscape is shifting rapidly, with electric vehicles (EVs) and hybrid technologies gaining prominence. This transition raises a crucial question: is the number of petrol cars declining? Statistics and Trends: Global petrol car sales dropped by 8% in 2023 compared to the previous year. Electric vehicle sales surged by 40% in the same period, reaching a total of 10 million units…

[chandupalle]

[264 Pages Report] The global autonomous underwater vehicle (AUV) market size was valued at USD 1.6 billion in 2022 and is projected to reach USD 4.9 billion by 2028, growing at a CAGR of 22.4% from 2023 to 2028. Factors such as the high operational costs of AUVs are restraints for the market's growth.

[futuretonext]

According to MarkNtel Advisors’ research report “Global Autonomous Vehicle Processor Market Analysis, 2021,” the market is likely to grow at a CAGR of 21% during 2021-26F. The growth of the global autonomous vehicle processor market attributes to the high demand for new & innovative autonomous processors. It is to enhance the transportation sector and increase government support for the development. However, the high cost associated with autonomous vehicles and their processor is the biggest challenge hindering the market growth.

[thetejasamale]

Autonomous Vehicles Industry Is growing due to the rising adoption of advanced safety systems ...

[bioethicists]

it's quite offputting to me when ppl can't disentangle their hatred for capitalism from a hatred for... new technological innovation? the ways in which capitalism has shaped the development of certain technologies has been deeply negative, not to mention that imperialism ensures that new technology is usually produced via extractive relationships with both the planet + ppl in the global south.

but this weird tying of capitalist impact on innovation (+the idea of what is/is not innovation) to hatred of innovation itself (or even more disturbing valorization of "the good old days"/implications that technology is causing social degeneracy) is baffling to me. perhaps it is impossible to achieve specific technologies without unconscionable resource extraction practices, in which case they should not be pursued. but so many ppl act like there is something inherently morally suspect in pursuit of tech such as autonomous vehicles or AI or automation, independent of the material conditions that produced them/that they may produce.

tesla is evil because they exploit ppl for profit + participate in an economy built on the exploitation of the global south + use 'innovation' as a marketing tool to mask serious safety concerns. they're not evil bcuz they want to make vehicles that move on their own. there are actually a great deal of fantastic applications for vehicles which move on their own? equating technology with moral decay is not a radical position; you need a material analysis of why technological innovation has become characterized by harmful practices.

[achrilock-aether]

Out briefly on this Friday night one night only not five and not at Freddy’s and so no puppet friends, but watching the motorists as they transit to-and-fro, thinking of how much oppression-death-milk is being wasted, and the costs in lives and ecology required to get Karen to Target.

Thinking about how if our towns were arranged around a central market district, with foot and bike traffic, surrounded by rings of housing and industry and farmland, there would be no need for large rocks run on oppression-death-milk. Thinking how the only vehicles on the road should be bikes, and the only autos emergency or mass-transit vehicles, how freight should move between places by train.

Thinking about how the car dealership is the orcish garrison of post-industrial society, how the big box pet store the torture tower. Thinking, with nostalgia, of how clean the air was and how much time people had with their families while the pandemic was happening, and how it almost brought capitalism to its knees.

Thinking about how we could have these tranquil, horizontal, idyllic, sustainable communities, an archipelago of autonomous happy city states and village collectives, all bound globally by a set of accords based on mutual respect, the rights of life, sustainability, and peace. And about how our current power structure will never allow this.

I felt no despair. I felt anger. I felt resolve. I had imagined what could and what should be, and I understood that power would never offer it to us. I understood that we do not recognize the present power structure, we endure it. It is the lash under which we toil, the fire that burns the Earth, and the shackle choking our future. The way forward is clear, even on a dark Friday evening, with its cacophony of headlights.

[thetechempire]

NVIDIA and Alibaba have announced a groundbreaking partnership aimed at revolutionizing autonomous driving technologies.

🔹 By integrating Alibaba's advanced cloud AI models with NVIDIA's Drive platform, this collaboration promises to set a new standard for smart vehicles. The envisioned outcome is a future where cars not only drive themselves but also learn and adapt in real-time through cloud intelligence, enhancing road safety and efficiency.

🔹 This partnership is particularly beneficial for Chinese electric vehicle (EV) manufacturers, granting them access to cutting-edge AI capabilities that could position China as a leader in the autonomous vehicle market. The advanced technologies developed through this collaboration may enhance the competitiveness of Chinese automakers on a global scale, allowing them to innovate rapidly in the growing EV sector.

🔹 While the initial focus is on China, the implications of this partnership are expected to resonate globally. The technology developed could influence autonomous driving standards worldwide, shaping the design and operation of vehicles beyond China’s borders. This could pave the way for a more standardized approach to autonomous driving, impacting regulations and consumer expectations globally.

🔹 However, the partnership faces challenges, including data privacy concerns, integration with existing infrastructure, and navigating international regulations. As the collaboration progresses, observers can anticipate pilot projects and new EV models that incorporate these advanced technologies, as well as potential global partnerships. Ultimately, this partnership aims to redefine how we interact with technology in our everyday lives, raising questions about readiness for a future where vehicles may exceed our expectations in intelligence and capability.

[rideboomindia]

In 5-7 years, what is the world-dominating vision for the RideBoom company?

Global Expansion: RideBoom may aim to expand its services to more countries and cities worldwide, establishing a strong presence on a global scale. This expansion could include entering emerging markets and regions where ride-hailing services are still developing.

Diversification of Services: To become a dominant player in the transportation industry, RideBoom may diversify its services beyond traditional ride-hailing. They might explore additional offerings such as food delivery, logistics, parcel delivery, or even autonomous vehicle services.

Enhanced Technology: RideBoom may invest heavily in advanced technologies like artificial intelligence, machine learning, and big data analytics to optimize their operations. This could involve developing more sophisticated algorithms for matching drivers with passengers, improving route optimization, and providing personalized user experiences.

Sustainable and Electric Mobility: With increasing environmental concerns and a shift towards sustainable transportation, RideBoom may focus on expanding its fleet of electric vehicles or promoting the use of environmentally friendly options. They might offer incentives for drivers to switch to electric vehicles, invest in charging infrastructure, or explore partnerships with electric vehicle manufacturers.

Integration with Public Transportation: RideBoom could aim to integrate its services with public transportation systems, providing seamless multi-modal travel options. This integration might involve partnerships with public transit agencies, allowing users to plan, book, and pay for both ride-hailing and public transportation through a single app.

Enhanced Safety Measures: RideBoom may continue to prioritize safety and invest in innovative safety features. This could involve implementing advanced driver screening processes, enhancing driver and passenger identity verification, and utilizing technologies like real-time monitoring and emergency response systems.

Remember, these are speculative possibilities, and the actual vision and strategy of RideBoom may be different. To get accurate and up-to-date information about RideBoom's long-term plans, it's best to refer to official company statements, press releases, or announcements.

[bloggerkeke]

How is AI transforming every aspect of human life?

AI is transforming every aspect of human life by revolutionizing the way we work, communicate, learn, and live. Here are some key areas where AI is making a significant impact:

What is Artificial Intelligence?

Artificial Intelligence (AI) refers to the simulation of human intelligence in machines that can perform tasks requiring human-like cognitive abilities. It involves machine learning, natural language processing, computer vision, and other advanced techniques.

How does it impact every industry?

AI has the potential to revolutionize every industry by automating processes, analyzing vast amounts of data, and making intelligent predictions. It improves efficiency, enhances decision-making, and drives innovation across sectors such as healthcare, finance, manufacturing, and transportation.

How does it impact every individual?

AI impacts individuals by providing personalized experiences, virtual assistants, and smart devices. It enhances daily life through voice recognition, recommendation systems, and virtual customer support. AI-powered technologies make our lives easier, more convenient, and efficient.

AI is transforming every aspect of human life by revolutionizing the way we work, communicate, learn, and live. Here are some key areas where AI is making a significant impact:

1. Healthcare: 

AI is enhancing medical diagnosis, drug discovery, and personalized treatment plans. It helps analyze vast amounts of patient data, identify patterns, and provide accurate predictions for disease prevention and early intervention.

According to Accenture, AI in healthcare could potentially save up to $150 billion annually for the U.S. healthcare economy by 2026.

The global AI in healthcare market is projected to reach $45.2 billion by 2026, growing at a compound annual growth rate (CAGR) of 44.9% from 2019 to 2026.

2. Education: 

AI is revolutionizing education by enabling personalized learning experiences, adaptive tutoring, and intelligent assessment systems. It helps tailor educational content to individual student needs, track progress, and provide timely feedback for better learning outcomes.

The global AI in education market is expected to reach $3.68 billion by 2025, with a CAGR of 38.17% from 2018 to 2025.

A study by the American Institutes for Research found that AI-powered tutoring systems have a positive impact on student learning outcomes, resulting in an average percentile gain of 28 points.

3. Transportation: 

AI is driving advancements in autonomous vehicles, optimizing traffic management systems, and improving transportation efficiency and safety. It enables self-driving cars, real-time navigation, and predictive maintenance, revolutionizing the way we commute and travel.

The global autonomous vehicle market is projected to reach $556.67 billion by 2026, with a CAGR of 39.47% from 2019 to 2026.

According to the National Highway Traffic Safety Administration, AI-powered advanced driver-assistance systems (ADAS) have the potential to reduce traffic fatalities by up to 94%.

4. Communication: 

AI-powered language translation, natural language processing, and speech recognition technologies are transforming communication. Chatbots, virtual assistants, and language translation tools facilitate seamless cross-cultural communication and enhance accessibility.

The global AI in communication market is expected to reach $3.5 billion by 2026, growing at a CAGR of 34.7% from 2019 to 2026.

AI-powered language translation technologies have advanced significantly, with Google Translate handling more than 100 billion words daily in over 100 languages.

Virtual assistants like Siri, Alexa, and Google Assistant leverage AI to understand and respond to user commands, making voice-based communication more convenient and efficient.

5. Entertainment: 

AI is reshaping the entertainment industry with personalized content recommendations, virtual reality experiences, and computer-generated imagery. It enhances user experiences, facilitates content curation, and enables immersive storytelling.

The global AI in the entertainment market is projected to reach $5.5 billion by 2026, with a CAGR of 25.4% from 2019 to 2026.

AI algorithms are used in content recommendation systems of streaming platforms like Netflix and Spotify, which account for a significant portion of their user engagement and revenue.

AI-powered computer-generated imagery (CGI) has transformed the visual effects industry, enabling the creation of realistic and immersive experiences in movies, video games, and virtual reality.

6. Finance: 

AI is revolutionizing the financial industry with automated trading, fraud detection, risk assessment, and personalized financial advice. It enables efficient data analysis, real-time market insights, and improved decision-making processes.

A report by PwC estimates that AI could contribute up to $15.7 trillion to the global economy by 2030, with the financial sector being one of the largest beneficiaries.

AI-driven automated investment platforms, also known as robo-advisors, managed over $1 trillion in assets globally in 2020.

7. Smart Homes: 

AI-powered smart home devices and virtual assistants, such as voice-activated speakers and smart thermostats, make our daily lives more convenient and efficient. They automate tasks, provide personalized recommendations, and create a connected and intelligent living environment.

The global smart home market is expected to reach $246.97 billion by 2027, with a CAGR of 11.6% from 2020 to 2027.

Voice-activated smart speakers, powered by AI assistants like Amazon Alexa and Google Assistant, have seen widespread adoption. As of 2021, there were over 200 million smart speakers in use worldwide.

8. Manufacturing: 

AI-driven robotics and automation technologies optimize manufacturing processes, increase productivity, and improve product quality. AI-enabled machines and robots perform complex tasks, enhance precision, and enable predictive maintenance.

The global AI in manufacturing market is expected to reach $16.7 billion by 2026, growing at a CAGR of 49.5% from 2019 to 2026.

According to Deloitte, companies that invest in AI and advanced automation technologies in manufacturing can experience productivity gains of up to 30%.

AI-powered predictive maintenance can reduce equipment downtime by up to 50% and maintenance costs by up to 10-40%.

9. Agriculture: 

AI is transforming agriculture by optimizing crop management, monitoring soil conditions, and predicting weather patterns. It enables precision farming techniques, reduces resource waste, and improves agricultural productivity.

The global AI in agriculture market is projected to reach $4 billion by 2026, with a CAGR of 22.5% from 2021 to 2026.

AI-powered agricultural robots and drones are expected to reach a market value of $1.3 billion by 2026.

The use of AI in agriculture can increase crop yields by up to 70%, according to a study by the International Data Corporation (IDC).

10. Cybersecurity: 

AI is strengthening cybersecurity measures by detecting and preventing cyber threats, identifying anomalous behavior, and improving data protection. AI algorithms analyze large datasets to detect patterns and anomalies, enhancing security measures.

According to Gartner, by 2022, 90% of security budgets will be allocated to addressing AI-powered cyber threats.

The global AI in cybersecurity market is projected to reach $38.2 billion by 2026, growing at a CAGR of 23.3% from 2021 to 2026.

In summary: 

AI is transforming every aspect of human life, from healthcare and education to transportation, communication, entertainment, finance, and beyond. Its applications are vast and diverse, revolutionizing industries, improving efficiency, and enhancing the overall human experience. As AI continues to advance, it holds immense potential to shape a future where intelligent technologies seamlessly integrate into our daily lives, making them more convenient, productive, and enriching.

[lalsingh228-blog]

Aquatic Robot Market to Eyewitness Huge Growth by 2030

Latest business intelligence report released on Global Aquatic Robot Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand Aquatic Robot market outlook. List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis: Atlas Maridan ApS. (Germany), Deep Ocean Engineering Inc. (United States), Bluefin Robotics Corporation (United States), ECA SA (France), International Submarine Engineering Ltd. (Canada), Inuktun Services Ltd. (Canada), Oceaneering International, Inc. (United States), Saab Seaeye (Sweden), Schilling Robotics, LLC (United States), Soil Machine Dynamics Ltd. (United Kingdom) Download Free Sample PDF Brochure (Including Full TOC, Table & Figures) @ https://www.advancemarketanalytics.com/sample-report/177845-global-aquatic-robot-market Brief Overview on Aquatic Robot: Aquatic robots are those that can sail, submerge, or crawl through water. They can be controlled remotely or autonomously. These robots have been regularly utilized for seafloor exploration in recent years. This technology has shown to be advantageous because it gives enhanced data at a lower cost. Because underwater robots are meant to function in tough settings where divers' health and accessibility are jeopardized, continuous ocean surveillance is extended to them. Maritime safety, marine biology, and underwater archaeology all use aquatic robots. They also contribute significantly to the expansion of the offshore industry. Two important factors affecting the market growth are the increased usage of advanced robotics technology in the oil and gas industry, as well as increased spending in defense industries across various countries. Key Market Trends: Growth in AUV Segment Opportunities: Adoption of aquatic robots in military & defense

Increased investments in R&D activities Market Growth Drivers: Growth in adoption of automated technology in oil & gas industry

Rise in awareness of the availability of advanced imaging system Challenges: Required highly skilled professional for maintenance Segmentation of the Global Aquatic Robot Market: by Type (Remotely Operated Vehicle (ROV), Autonomous Underwater Vehicles (AUV)), Application (Defense & Security, Commercial Exploration, Scientific Research, Others) Purchase this Report now by availing up to 10% Discount on various License Type along with free consultation. Limited period offer. Share your budget and Get Exclusive Discount @: https://www.advancemarketanalytics.com/request-discount/177845-global-aquatic-robot-market Geographically, the following regions together with the listed national/local markets are fully investigated: • APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka) • Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania) • North America (U.S., Canada, and Mexico) • South America (Brazil, Chile, Argentina, Rest of South America) • MEA (Saudi Arabia, UAE, South Africa)Furthermore, the years considered for the study are as follows: Historical data – 2017-2022 The base year for estimation – 2022 Estimated Year – 2023 Forecast period** – 2023 to 2028 [** unless otherwise stated] Browse Full in-depth TOC @: https://www.advancemarketanalytics.com/reports/177845-global-aquatic-robot-market

Summarized Extracts from TOC of Global Aquatic Robot Market Study Chapter 1: Exclusive Summary of the Aquatic Robot market Chapter 2: Objective of Study and Research Scope the Aquatic Robot market Chapter 3: Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis Chapter 4: Market Segmentation by Type, End User and Region/Country 2016-2027 Chapter 5: Decision Framework Chapter 6: Market Dynamics- Drivers, Trends and Challenges Chapter 7: Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile Chapter 8: Appendix, Methodology and Data Source Buy Full Copy Aquatic RobotMarket – 2021 Edition @ https://www.advancemarketanalytics.com/buy-now?format=1&report=177845 Contact US : Craig Francis (PR & Marketing Manager) AMA Research & Media LLP Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837 Phone: +1 201 565 3262, +44 161 818 8166 sales@advancemarketanalytics.com

[warningsine]

https://www.reuters.com/business/autos-transportation/tesla-lay-off-more-than-10-its-staff-electrek-reports-2024-04-15/

BERLIN, April 15 (Reuters) - Tesla (TSLA.O), opens new tab is laying off more than 10% of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales and an intensifying price war for electric vehicles (EVs).

"About every five years, we need to reorganize and streamline the company for the next phase of growth," CEO Elon Musk commented in a post on X. Two senior leaders, battery development chief Drew Baglino and vice president for public policy Rohan Patel, also announced their departures, drawing posts of thanks from Musk although some investors were concerned.

Musk last announced a round of job cuts in 2022, after telling executives he had a "super bad feeling" about the economy. Still, Tesla headcount has risen from around 100,000 in late 2021 to over 140,000 in late 2023, according to filings with U.S. regulators.

Baglino was a Tesla veteran and one of four members, along with Musk, of the leadership team listed on the company's investor relations website.

Scott Acheychek, CEO of Rex Shares - which manages ETFs with high exposure to Tesla stock - described the headcount reductions as strategic, but Michael Ashley Schulman, chief investment officer at Running Point Capital Advisors, deemed the departures of the senior executives as "the larger negative signal today" that Tesla's growth was in trouble.

Less than a year ago, Tesla's chief financial officer, Zach Kirkhorn, left the company, fueling concerns about succession planning.

Tesla shares closed 5.6% lower at $161.48 on Monday. Shares of EV makers Rivian Automotive (RIVN.O), opens new tab, Lucid Group (LCID.O), opens new tab and VinFast Auto also dropped between 2.4% and 9.4%.

"As we prepare the company for our next phase of growth, it is extremely important to look at every aspect of the company for cost reductions and increasing productivity," Musk said in the memo sent to all staff.

"As part of this effort, we have done a thorough review of the organization and made the difficult decision to reduce our headcount by more than 10% globally," it said.

Reuters saw an email sent to at least three U.S. employees notifying them their dismissal was effective immediately.

Tesla did not immediately respond to a request for comment.

MASS MARKET

The layoffs follow an exclusive Reuters report on April 5 that Tesla had cancelled a long-promised inexpensive car, expected to cost $25,000, that investors have been counting on to drive mass-market growth. Musk had said the car, known as the Model 2, would start production in late 2025.

Shortly after the story published, Musk posted "Reuters is lying" on his social media site X, without detailing any inaccuracies. He has not commented on the car since, leaving investors and analysts to speculate on its future.

Tech publication Electrek, which first reported, opens new tab the latest job cuts, said on Monday that the inexpensive car project had been defunded and that many people working on it had been laid off.

Reuters also reported on April 5 that Tesla would shift its focus to self-driving robotaxis built on the same small-car platform. Musk posted on X that evening: "Tesla Robotaxi unveil on 8/8," with no further details.

Tesla could be years away from releasing a fully autonomous vehicle with regulatory approval, according to experts in self-driving cars and regulation.

Tesla shares have fallen about 33% so far this year, underperforming legacy automakers such as Toyota Motor (7203.T), opens new tab and General Motors (GM.N), opens new tab, whose shares have rallied 45% and about 20% respectively.

Energy major BP (BP.L), opens new tab has also cut more than a tenth of the workforce in its EV charging business after a bet on rapid growth in commercial EV fleets did not pay off, Reuters reported on Monday, underscoring the broader impact of slowing EV demand.

WORKS COUNCIL

A newly elected works council of labour representatives at Tesla's German plant was not informed or consulted ahead of the announcement to staff, said Dirk Schulze, head of the IG Metall union in the region.

"It is the legal obligation of management not only to inform the works council but to consult with it on how jobs can be secured," Schulze said.

Analysts from Gartner and Hargreaves Lansdown said the cuts were a sign of cost pressures as the carmaker invests in new models and artificial intelligence.

Tesla reported this month that its global vehicle deliveries in the first quarter fell for the first time in nearly four years, as price cuts failed to stir demand.

The EV maker has been slow to refresh its aging models as high interest rates have sapped consumer appetite for big-ticket items, while rivals in China, the world's largest auto market, are rolling out cheaper models.

China's BYD (002594.SZ), opens new tab briefly overtook the U.S. company as the world's largest EV maker in the fourth quarter, and new entrant Xiaomi (1810.HK), opens new tab has garnered substantial positive press.

Tesla is gearing up to start sales in India, the world's third-largest auto market, this year, producing cars in Germany for export to India and scouting locations for showrooms and service hubs in major cities.

Tesla recorded a gross profit margin of 17.6% in the fourth quarter, the lowest in more than four years.

[chandupalle]

[264 Pages Report] The global autonomous underwater vehicle (AUV) market size was valued at USD 1.6 billion in 2022 and is projected to reach USD 4.9 billion by 2028, growing at a CAGR of 22.4% from 2023 to 2028. Factors such as the high operational costs of AUVs are restraints for the market's growth.

[argyrocratie]

"Standard monopoly, in the microeconomic sense, is when one firm in a market secures a dominant position in supplying a particular good. Radical monopoly, in contrast, is when an entire institutional complex makes the type of good itself artificially necessary in order to exist and crowds out alternatives. “Radical monopoly imposes compulsory consumption and thereby restricts personal autonomy. It constitutes a special kind of social control because it is enforced by means of the imposed consumption of a standard product that only large institutions can provide.”

I use the term “radical monopoly” to designate… the substitution of an industrial product or a professional service for a useful activity in which people engage or would like to engage. A radical monopoly paralyzes autonomous action in favor of professional deliveries.

The classic example of radical monopoly is car culture and its attendant urban sprawl.

Cars can thus monopolize traffic. They can shape a city into their image — practically ruling out locomotion on foot or by bicycle in Los Angeles…. That motor traffic curtails the right to walk, not that more people drive Chevies than Fords, constitutes radical monopoly…. [T]he radical monopoly cars establish is destructive in a special way. Cars create distance…. They drive wedges of highways into populated areas, and then extort tolls on the bridge over the remoteness between people that was manufactured for their sake. This monopoly over land turns space into car fodder. It destroys the environment for feet and bicycles. …A radical monopoly paralyzes autonomous action in favor of professional deliveries. The more completely vehicles dislocate people, the more traffic managers will be needed, and the more powerless people will be to walk home.

Another example is how the institutional complex around the building industry — contracting firms, materials production, building codes, etc. — has reinforced its own power at the expense of convivial alternatives. Favelas and shantytowns — often displaying a high degree of craftsmanship and technical skill — exist on the outskirts of cities all over the Global South (Colin Ward has a considerable body of work on the tradition of self-built housing in the West, as well). It’s entirely feasible, technically, to produce construction materials conducive to self-built housing by amateurs. “Components for new houses and utilities could be made very cheaply and designed for self-assembly.” Not only do local building codes prohibit such construction as unsafe, but they also prohibit competitive pressure for even professional contracting firms to adopt cheaper, vernacular building techniques using locally sourced material, by codifying conventional methods into law.

The problem of radical monopoly is exacerbated by a shared institutional culture that can imagine no solution to the negative effects of radical monopoly but to intensify the scale of the monopoly. With entire sincerity, for the most part, the managerial elites in a given policy area which suffers from the pathologies of radical monopoly are conditioned to perceive as “extreme” any proposed solution that cannot be carried out within the existing institutional framework, by people like themselves. That is, “the institution has come to define the purpose.” The only cure for a managerial bureaucracy’s mismanagement is to give it more resources and control. The standard approach of a managerial bureaucracy is to “solve a crisis by escalation.” Reforms which are carried out within the framework of radical monopoly “escalate what they are meant to eliminate.”[31]

-Kevin Carson, "The Thought of Ivan Illich: A Libertarian Analysis"

[govindhtech]

Genio 510: Redefining the Future of Smart Retail Experiences

Genio IoT Platform by MediaTek

Genio 510

Manufacturers of consumer, business, and industrial devices can benefit from MediaTek Genio IoT Platform’s innovation, quicker market access, and more than a decade of longevity. A range of IoT chipsets called MediaTek Genio IoT is designed to enable and lead the way for innovative gadgets. to cooperation and support from conception to design and production, MediaTek guarantees success. MediaTek can pivot, scale, and adjust to needs thanks to their global network of reliable distributors and business partners.

Genio 510 features

Excellent work

Broad range of third-party modules and power-efficient, high-performing IoT SoCs

AI-driven sophisticated multimedia AI accelerators and cores that improve peripheral intelligent autonomous capabilities

Interaction

Sub-6GHz 5G technologies and Wi-Fi protocols for consumer, business, and industrial use

Both powerful and energy-efficient

Adaptable, quick interfaces

Global 5G modem supported by carriers

Superior assistance

From idea to design to manufacture, MediaTek works with clients, sharing experience and offering thorough documentation, in-depth training, and reliable developer tools.

Safety

IoT SoC with high security and intelligent modules to create goods

Several applications on one common platform

Developing industry, commercial, and enterprise IoT applications on a single platform that works with all SoCs can save development costs and accelerate time to market.

MediaTek Genio 510

Smart retail, industrial, factory automation, and many more Internet of things applications are powered by MediaTek’s Genio 510. Leading manufacturer of fabless semiconductors worldwide, MediaTek will be present at Embedded World 2024, which takes place in Nuremberg this week, along with a number of other firms. Their most recent IoT innovations are on display at the event, and They’ll be talking about how these MediaTek-powered products help a variety of market sectors.

They will be showcasing the recently released MediaTek Genio 510 SoC in one of their demos. The Genio 510 will offer high-efficiency solutions in AI performance, CPU and graphics, 4K display, rich input/output, and 5G and Wi-Fi 6 connection for popular IoT applications. With the Genio 510 and Genio 700 chips being pin-compatible, product developers may now better segment and diversify their designs for different markets without having to pay for a redesign.

Numerous applications, such as digital menus and table service displays, kiosks, smart home displays, point of sale (PoS) devices, and various advertising and public domain HMI applications, are best suited for the MediaTek Genio 510. Industrial HMI covers ruggedized tablets for smart agriculture, healthcare, EV charging infrastructure, factory automation, transportation, warehousing, and logistics. It also includes ruggedized tablets for commercial and industrial vehicles.

The fully integrated, extensive feature set of Genio 510 makes such diversity possible:

Support for two displays, such as an FHD and 4K display

Modern visual quality support for two cameras built on MediaTek’s tried-and-true technologies

For a wide range of computer vision applications, such as facial recognition, object/people identification, collision warning, driver monitoring, gesture and posture detection, and image segmentation, a powerful multi-core AI processor with a dedicated visual processing engine

Rich input/output for peripherals, such as network connectivity, manufacturing equipment, scanners, card readers, and sensors

4K encoding engine (camera recording) and 4K video decoding (multimedia playback for advertising)

Exceptionally power-efficient 6nm SoC

Ready for MediaTek NeuroPilot AI SDK and multitasking OS (time to market accelerated by familiar development environment)

Support for fanless design and industrial grade temperature operation (-40 to 105C)

10-year supply guarantee (one-stop shop supported by a top semiconductor manufacturer in the world)

To what extent does it surpass the alternatives?

The Genio 510 uses more than 50% less power and provides over 250% more CPU performance than the direct alternative!

The MediaTek Genio 510 is an effective IoT platform designed for Edge AI, interactive retail, smart homes, industrial, and commercial uses. It offers multitasking OS, sophisticated multimedia, extremely rapid edge processing, and more. intended for goods that work well with off-grid power systems and fanless enclosure designs.

EVK MediaTek Genio 510

The highly competent Genio 510 (MT8370) edge-AI IoT platform for smart homes, interactive retail, industrial, and commercial applications comes with an evaluation kit called the MediaTek Genio 510 EVK. It offers many multitasking operating systems, a variety of networking choices, very responsive edge processing, and sophisticated multimedia capabilities.

SoC: MediaTek Genio 510

This Edge AI platform, which was created utilising an incredibly efficient 6nm technology, combines an integrated APU (AI processor), DSP, Arm Mali-G57 MC2 GPU, and six cores (2×2.2 GHz Arm Cortex-A78& 4×2.0 GHz Arm Cortex-A55) into a single chip. Video recorded with attached cameras can be converted at up to Full HD resolution while using the least amount of space possible thanks to a HEVC encoding acceleration engine.

FAQS

What is the MediaTek Genio 510?

A chipset intended for a broad spectrum of Internet of Things (IoT) applications is the Genio 510.

What kind of IoT applications is the Genio 510 suited for?

Because of its adaptability, the Genio 510 may be utilised in a wide range of applications, including smart homes, healthcare, transportation, and agriculture, as well as industrial automation (rugged tablets, manufacturing machinery, and point-of-sale systems).

What are the benefits of using the Genio 510?

Rich input/output choices, powerful CPU and graphics processing, compatibility for 4K screens, high-efficiency AI performance, and networking capabilities like 5G and Wi-Fi 6 are all included with the Genio 510.

Read more on Govindhtech.com

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The Future of Flying Cars: What You Need to Know

When someone asks us, “How will the future be?” we always include the point of flying cars in our conversation. Various stories, animations, cartoons, etc., have always portrayed this concept. Initially, nobody could predict when such cars would become the new normal, but now the wait is almost over. With rapid technological advancements every year, the transport industry is exploring its potential more than ever. Experts predict that the global market for the flying car industry will reach $1.6 billion by 2030. In this blog, we will talk about the possibilities, impacts, challenges, and opportunities associated with the future of flying cars.

Let’s begin!

1. Technological Advancements

Electric and hybrid vehicles rely on electric propulsion, which uses an electric motor to enhance engine performance, power the vehicle, and improve safety, efficiency, and range. The market value was $14.72 billion in 2023.

In flying cars, autonomous systems utilize sensors to detect traffic lights, signs, pedestrians, and vehicles, creating a map of the surroundings to enhance navigation and safety. The market value is projected to reach $5.68 billion by 2033.

Advanced materials such as carbon fiber, titanium alloys, and aluminum alloys enable the construction of durable and lightweight flying cars. The market value was $65.2 billion in 2023.

Flying cars can operate in densely populated areas without extensive infrastructure, thanks to their Vertical Takeoff and Landing (VTOL) capabilities. The market value for such technology is estimated at $33.45 billion.

2. Urban Air Mobility

Urban air mobility aims to reduce traffic congestion in densely populated areas by utilizing small automated vehicles for passenger and cargo transport. This efficient system saves time, ensures safety, and reduces air pollution. We envision integrating it into a multimodal mobility system for the future, which will offer significant traffic reduction. The environmental benefits include reducing air pollution and saving fossil fuels by using electric flying cars. However, the implementation is hindered by infrastructure challenges such as the need for landing pads, charging stations, and maintenance facilities. To turn this concept into reality, we must overcome obstacles like pilot training, safety standards, and social resistance. The UAM market is valued at $3.8 billion in 2023.

3. Environmental Impact

The future of flying cars will not produce any air pollution. People will use such cars in the future, and they will completely eliminate their carbon footprint. Today, cars are one of the biggest causes of air pollution. According to research, electric flying cars will reduce greenhouse gases by 52% and generate 6% lower greenhouse gas emissions than electric cars over trips of 100 kilometers, or about 62 miles. These cars would be very useful in populated cities since the more the population, the more pollution. It suggests that flying cars may also reduce the future use of airplanes.

4. Economic opportunities

The new future of flying cars is also going to bring significant benefits to other industries.

Travel and Tourism Industry: Flying cars will make travel more convenient. Whether people are traveling or cargo is being transported, these cars will save time, avoid traffic congestion, and provide convenience. In the future, tourism could be done in both ways. People can choose to travel to destinations on their own, or travel companies can arrange their travel via flying cars.

Infrastructure industry: The future will require a lot of infrastructural construction, such as landing pads, charging stations, airways, parking spaces, and maintenance stations.

Hospitality industry: The future may see the emergence of skyports or airhotels, as many tourists would prefer to rest as they travel. These facilities will ensure smooth travel. It may take some time for humans to fully adapt to flying cars.

Insurance industry: The insurance sector may need to develop new insurance policies associated with aerial transportation. Insurers would have to offer coverage for potential accidents, collisions, and third-party liabilities.

Automobile, Material, and Tech industries: The automobile industry will profit the most, as many people will manufacture and purchase flying cars once using such vehicles becomes normal. Additionally, the material industry will benefit, as they will have to carefully select lightweight and durable materials to construct such a complex machine. Advanced technologies will also be used to drive the vehicle, as mentioned above, making the tech industry profitable as well.

Electric industry and Battery industry: Since these vehicles will heavily rely on electricity, this industry will also flourish. It will invest heavily in collaboration with the battery industry to develop better and longer-lasting batteries for traveling long distances.

5. Challenges and Limitations.

Although we imagine flying cars to be easy in the future, the reality is that they are not. There are many challenges at present.

Safety and Reliability: Technological advancements have made using flying cars possible today. We have come closer to achieving this dream through the development of technologies such as VTOL, Electric propulsion, advanced materials for car construction, and the Autonomous system. However, we still need to test these systems further before finalizing the model. We must address concerns such as midair collisions, emergency landings, and mid-air collisions to gain the public’s trust.

Cost: Many people wish to buy a flying car regardless of the situation, but money is the issue for them. These cars are currently very expensive, and common people can’t afford them. The cost of purchasing a flying car currently ranges from $1,20,000 to $3.5 million. Additionally, the maintenance of such cars will be very costly. These cars cannot work with a normal automotive battery.

Building infrastructure to support the car: Let’s say someone still buys the car, but what about other issues such as a landing pad, charging station, maintenance facilities, and air traffic? The government has not yet built such facilities to encourage people to buy cars.

Public Trust: People see potential in the future of flying cars, and they like this concept. However, they have not been able to accept and adapt it to their daily lives because many structural issues, financial issues, safety issues, and environmental issues have not been publicly addressed by authorities. As a result, nobody wants to purchase a car.

Coordination: Proper planning for the implementation of flying cars involves coordinating air and ground traffic, developing intermodal connectivity, and providing seamless transfer options between different modes of transportation.

Shortage of Pilots: Currently, nobody has been trained on how to use a flying car, except for airplane pilots.

6. Future Possibilities

Well, just like flying cars will become our reality at some point in time, they will also bring a bundle of possibilities, such as:

Other uses: Flying cars could revolutionize emergency medical services and rescue operations. E-commerce businesses could utilize them for product deliveries, while postal services could become quicker. Aerial inspections could be conducted for surveys, and researchers would gain easier access to remote locations, contributing to advancements in fields such as ecology, geology, and atmospheric sciences. Aerial sports could also emerge as a new genre in the sports industry, and photographers might use flying cars for scenic and wildlife photography.

Integration with AI and Drones: The use of AI will enhance driving experiences through advanced algorithms. AI’s sensor technology will help avoid aerial accidents, and it can effectively manage air traffic and regulate flying cars.

Similarly, imitating drones will enable flying cars to take off in a flexible manner and operate smoothly in urban areas, thereby avoiding accidents.

7. News Related to flying cars

The exciting news is floating around the topic:

Alef Aeronautics has launched “Model A,” the first flying car, with its official flying car design. The design resembles a normal car, but it hides propellers on the top. The car can accommodate up to two passengers for travel.

They have approved the first flying car and are all set for testing. It is said that the flying car will be ready to take off by 2025. Alef Aeronautics has launched the product, and the price is $300,000. They are saying that the car can now be pre-ordered. They have named the model “Model A,” and it will carry two passengers. Drivers can use it on public roads and can take off vertically as soon as the tests are over.

The next achievement of “Model A” is that the Federal Aviation Administration (FAA) has recently approved the airworthiness certificate of “Model A.” The FAA has allowed Alef Aeronautics to begin test flights this month. The FAA’s clearance marked the first time the US Government has legally approved a vehicle like this. “Model A” has a driving range of 200 miles and a flying range of 110 miles.

In conclusion, the future of flying cars looks very promising. These cars will not only benefit customers but also benefit various industrial sectors. Flying cars will create a lot of new job opportunities. Although these vehicles currently face infrastructural setbacks, they have many benefits. In the next 10 years, these cars will be used in reality and will create a new revolution altogether. It will be interesting to see what steps the government takes to provide solutions to the issues mentioned above, now that the first car is all set to launch in 2025.