I’ve wondered about lawyers and judges could be replaced by Artificial Intelligence, but I could never have thought a real country as big and powerful as China would set the starting of a futuristic trend for a futuristic justice system by allowing AI to judge real people problems and cases. Check out the video right after the break to see the Chinese AI judge in action.
I went to Walmart two days ago, and on the way out of the store, I saw a mopping machine that was automated to clean the floor. Although I was surprised to see it, I wasn’t surprised that Walmart automated a cleaner away. Although I was surprised to see it, I wasn’t surprised by the cleverness of the technology. Why? All of this was written on the horizon for a long time already. This reminds me of what Andrew Yang keeps on reminding us about as he is running as a presidential candidate — wall to wall of big brands’ fulfillment centers are being filled with robots. Anyhow, check out the short clip video that I took on my smartphone of a robot mopper.
Before you read on, I want to clarify my standing in regard to the pure electrical vehicle all related matters. To sum it up, I do think the EV market will be huge in the future. Furthermore, I bought some common shares (stock) and go long on an EV maker which I will not name here. So, my standing is that I’m biased and positive in the EV sector.
A question I want to address in this blog post is that can a country or a company in a car industry be left behind by ignoring the EV market? It seems Toyota is still moving too slow on going all-in in producing pure electrical cars. I’m wondering, perhaps, Toyota thinks that the EV market is not big enough and there isn’t enough demand for EV out there, and so it’s OK for them to move slowly into this market. Nonetheless, I think this would be a big mistake for Toyota and other automakers out there that think the same way as Toyota is currently thinking in regards to EV of all things.
I suspect that Tesla and other EV makers out there who are going long and early into the EV market will be able to set some standards for the whole EV industry. Why do you think Chinese and South Korean automakers cannot shine brighter than automakers in Japan and Europe? Well, most automakers in Europe and Japan have been at the game much longer than the ones in South Korea and China. The European and Japan automakers have been churning out complicated but well respected non-luxurious and luxurious vehicles with internal combustion engines for decades. Nonetheless, when it comes to electrical vehicles, it’s still anybody’s game.
I’m no expert in the auto industry and whatever I’m spewing here is just an ordinary Joe’s perspective on the car industry. Nonetheless, my suspicion is that the EV market will be so huge and has a very big potential for investors because of several things.
Firstly, China got the biggest auto consumption market in the world. Nowadays, if you’re an automaker, I doubt that you would want to neglect such a big auto market as the one in China. So, when the Chinese government prioritizes EV (and other new energy sources for making vehicles and other transportation means) — I think it’s a very big deal. After all, the Chinese government demands a certain percentage of pure EVs to be made and sold by each automaker that wants to participate in a growing Chinese auto market.
Secondly, as a country like China and Germany build up EV charging points to promote pure electric vehicles, people are going to be more comfortable to go out and buy more EVs since they know they can charge their vehicles anywhere eventually. Meanwhile, some EV makers are also trying to improve battery range and charging speed, and thus greatly enhancing the demand for a pure electric vehicle. Some automakers go as far as to provide a battery switching option which could take less than five minutes to switch out a drained out battery with a full charge one so you can drive your EV out of the charging station in no time.
I think high-cost value products like a car rely on reputation a lot. Thus, I think when all necessary ingredients are eventually be put in place for the pure electric automakers to thrive, they only have their reputation to depend and fall back onto. This means, whoever is in the game the longest doesn’t necessarily be the best, the biggest, and the most awesome if the reputation is stink. Nonetheless, when the time is right for the EV sector to grow, a great reputation is exactly the thing a pure electric automaker needs to thrive onward. Thus, I think as long a pure electric automaker got an early head start and keeps on building a great reputation, it will be very hard for the newcomers to come in and uprooting the foundation of the great pure electric automaker.
One more thing, Mr. Bill Gates had mentioned that it was his mistake of not pushing more focus into the smartphone industry thus Apple and other Android smartphone makers were able to thrive but Microsoft did not do so great in making a well respected and well-known smartphone. I think Toyota and whatever automakers out there should take the lesson of Microsoft in regards to being a more focus early bird.
After watching a YouTube video on how the Japanese built Toyota Mirai, fuel cell car, I must say that I’m surprised to see humans are still involving in building such a complicated beast/machine. I was thinking that nowadays, building cars should have all been done by robotics mainly, but I guess I’m dead wrong on this. Perhaps, other car companies may deploy all sorts of robots to build their cars, but it seems Toyota is still using a lot of human technicians to manually guide machines that do heavy lifting auto parts into place so the same technician or other technicians can begin to bolt these auto parts together to form a more complete car.
Has Andrew Yang been so right about automation is slowly taking over more jobs, especially for the trucking industry? Well, check out CNBC video right after the break to see how customer focus of retailers like Amazon has driven more people into developing self-driving trucks!
Why China is so intense in promoting electric cars over gasoline guzzled cars? I think there are more than a few incentives for China to promote electric cars over gasoline guzzled cars! The first incentive is so obvious that I don’t even need to talk about but I’m going to anyway.
Firstly, China has a very big pollution problem! Although China is no longer having the most polluted cities in the world since India is now taking over this top spot, nonetheless China is still seeing Chinese big, busied cities are being polluted by coal and gasoline heavy usages. The Chinese government has continually battled pollution by shutting down companies’ plants that rely on coals. Now, China pushes the pollution war ahead by promoting electric cars over gasoline cars. Meanwhile, China is heavily building more renewable energy sources such as wind farms, nuclear power plants, solar farms, and whatnot.
Secondly, China wants to control the auto industry market better since China got a bigger middle class than anyone else. This means China wants to see homegrown champions in car making and other automobile vehicles. This means China wants to have a stronger foothold in producing automobile vehicles, but the United States and Western countries are expert in making traditional automobile vehicles such as gasoline and diesel ones. Since China cannot compete directly against the West in making traditional vehicles, and so China is promoting electric vehicles to push homegrown automobile vehicle making companies to leapfrog the Western automobile companies in automobile technology through electric vehicles.
Thirdly, China knows that when there are more electric vehicles on the roads and highways, the transportation system needs to be upgraded to become more futuristic. For example, electric vehicles of the future could be driverless and so each of these vehicles needs to communicate with each other and also to the transportation system itself. This is why China is heavily pushing for 5G. With 5G technology through homegrown companies such as Huawei, China can push for electric, driverless vehicles and smart transportation systems without worrying about the feasibility of vehicle safety since 5G will speed up the data communication between the nodes/vehicles on smart, futuristic transportation systems.
I think China is using the 5G opportunity to push its transportation systems toward electric but also using the electric proliferation opportunity to fight pollution and dominating the telecom industry of tomorrow which is 5G. It’s a marriage that pushes the Chinese economy to higher ground in the coming months and years. This is why I think China is so protective of Huawei. Huawei is a leading 5G company in the world, and so I don’t think China will take it easy at all if anyone is going after this company. After all, China got a goal to meet — electrified Chinese transportation and telecom industries.