How Autonomous Vehicles Are Revolutionizing the Automotive World

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In an era where online retailers innovate workplaces and augmented reality innovates showrooms, it is autonomous vehicles that are innovating our whole concept of mobility. Innovation is such a driver of what gets our attention, that if you caught wind of an enticing new technology that enabled you to spend less money, have more free time, be safer and have less stress, you might quickly throw on your most comfortable shoes and stand in line at a local shop for hours just to get one. 
 
That’s exactly what’s starting to happen as the world becomes intrigued by the concept of autonomous vehicles. In many major international centres, people are starting to queue around the block to sign up for the chance to experience a driverless car. Just as the advent of smartphones completely revolutionized the ways in which we communicate with one another, the growing acceptance of self-driving vehicles has equally far-reaching implications for the way we will live. By 2050 it’s possible that the cars we own and drive from behind the wheel will be as obsolete as Lotus 1-2-3, Multimate or Netscape Navigator now are – digital tools that were once trusted innovations relied on by the masses to create spreadsheets in, type documents with and surf the net on. Companies and consumers alike could be dramatically affected by the adoption of the autonomous vehicle, not to mention its impact on the economy. Here are just a few ways that self-driving vehicles are already revolutionizing the automotive world:
 
Reactions to Autonomous Vehicles Vary from Radical New Car Creation to Avoidance of the Technology
 
The shift to autonomous vehicle adoption is varying widely among automotive manufacturers, and established players with strong commercial bases and technical teams are gradually incorporating advanced driver-assistance systems in their cars, trucks and SUVs. Other giants in the high-tech world prefer to attack the autonomous vehicle market head-on, developing brand new vehicle architectures that are intended to revolutionize the consumer mindset. Still other automotive manufacturers will wait for autonomous vehicle technology costs to go down before they heavily invest in incorporating it in their cars, and non-adopters will avoid entering the market until they see what happens.
 
The reality of many car service providers currently operating independently from OEMs is seen as a potential problem in autonomous vehicle adoption. It goes without saying that the complexity of autonomous vehicle technology will engender stricter loyalty to original service equipment and OEM service processes when it comes to repairing or maintaining autonomous vehicle systems. Automobile insurance too, may undergo a shift to insuring automobile manufacturers from the liabilities associated with their autonomous vehicle technical failure, and no longer be focused on insuring individual consumers.
 
We might not be ready yet to associate advanced artificial intelligence or humanoid robotics with cars that drive themselves around, but the more we see of autonomous cars the more AI and robotics will penetrate our society and our solutions. This is due to their common advanced AI, image recognition, precise positioning, and remote advanced sensing technologies that they share. In this way, OEMs, automotive adopters, and all of us as consumers are on the cusp of experiencing a profound societal transformation firsthand.
 
Alternate Transport-Mobility Models Are Seeing Growth
 
While OEMs take varying approaches to autonomous vehicle adoption, other transport-mobility options are making huge headway with peer-to-peer car rentals and car sharing models. Uber self-driving vehicles have been launched in Pittsburgh, Uber-owned Otto commercial self-driving trucks are completing lengthy hauls, and many innovations are occurring around the world to develop the self-driving vehicle on new business models.
 
Industrial Autonomous Vehicle Fleets Are Already Reducing Carbon Dioxide (CO2) Emissions by Up to 60 Percent
 
The adoption of autonomous vehicles in farming and mining industries is already occurring in a big way, due to the private roads they operate on and the controlled environments inherent in those sectors. Optimized driving through autonomous technology is being widely adopted for industry-related equipment, as well as being looked to for application in forklifts, excavators, loaders and other equipment in the warehousing and construction sectors. This incurs savings in labour costs and a huge reduction in in CO2 emissions. The adoption of automated commercial fleets for package delivery is also currently being tested.
 
A Leaner, Fully Automated Supply Chain to Reduce Cost of Labour and Enhance Productivity
 
Both the future logistics operations and industry supply chains are likely to undergo sweeping changes with the increased adoption of autonomous driving technology coupled with smart technologies. Automotive manufacturers and technology providers will have the opportunity to be more efficient, and when fully automated the production of a facility has the potential to offer flexibility in load sizes, stocks and distribution.
 
Reduced Number of Accidents
 
We take for granted that vehicle crashes are right at the top of the list of lethal accident types, but that is not how things are likely to stay. As autonomous cars become fully adopted and human error as a factor is removed from the equation, the rate of automobile accidents will sharply drop.
 
The Value of Your Increased Time
 
There is no-one who doesn’t value their time, and with autonomous driving adoption up to almost an hour a day will be freed up for individuals to relax, be entertained, or creatively invent new ideas. The potential implications of increased individual free time are broad-based, from more people accessing mobile Internet from a car potentially generating more digital media revenues, to people rethinking the paradigms of how we live.

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