Trends Identified
On drones in 2019
Scott Parazynski, CEO, fluidity (and former astronaut).On drones in 2019: Drones will continue to pop up in amazing new applications in 2019, with ever greater sensor capabilities and advances in pilot-guided automation. We believe that advances in human-machine interfaces in particular will dramatically reduce the training time and cognitive workload for drone pilots, allowing for much wider adoption for enterprise applications in dynamic, unscripted environments. While still a niche market, we see substantial growth in the public safety realm–fire, search and rescue, police and security–as well as DoD and security applications.
2019
The biggest tech trends of 2019, according to top experts
Fast Company
On laying the groundwork for flying cars
Carl Esposito, President of Electronic Solutions, Honeywell Aerospace. On laying the groundwork for flying cars: The work being done over the next 12 months will be crucial to making the vision for urban air mobility a reality. We’ve seen a lot of innovative and motivated companies come to the table with concept aircraft and business models that sketch out a future where you and I get to commute from point-to-point with ease and convenience in our “flying cars.” But before we cross that threshold, we need to map out the regulations, infrastructure, and relationships that make the skies above our urban environments as safe and efficient as the routes we travel today. A lot of that foundation will be set in 2019.
2019
The biggest tech trends of 2019, according to top experts
Fast Company
On how cities with losing Amazon HQ2 bids may still profit
Steve Case, CEO, revolution (and cofounder of AOL).On how cities with losing Amazon HQ2 bids may still profit: It would have been great if Amazon chose an unexpected location between the coasts, but I believe the bid for HQ2 has the potential to deliver significant benefits starting in 2019 for the cities that participated, but didn’t take home the prize. The search for Amazon’s second headquarters drove collaboration between universities, economic development groups, civic leaders, and startup ecosystem builders. Those efforts could likely prove catalytic for these cities, helping to build the next thriving startup community that might–just might–launch the next Amazon. Next year, look for cities to repurpose what they built to lure Amazon to help their own cities rise.
2019
The biggest tech trends of 2019, according to top experts
Fast Company
On the role of artificial intelligence in health care
Vic Gundotra, CEO, Alivecor.On the role of artificial intelligence in health care: One of the major trends that we’ll see in 2019 is the explosion of devices that push consumers to do more measurement of biometrics like heart rate monitoring and glucose monitoring and remote blood pressure. And we’ll also see and explosion of frustration on the part of doctors around how to make sense of all this data. How do you deal with the data of a consumer constantly generating heart measurements? How do you deal with consumers generating hear data who may be anxious? At some point in 2019 there will be a realization that AI is going to be needed to make sense out of all this data, because physicians don’t have the time to look at this tidal wave of data.
2019
The biggest tech trends of 2019, according to top experts
Fast Company
On AI in health care
Bob Kocher, partner, Venrock.On AI in health care: AI will gain traction in health care but not where the hype is focused. While there is tremendous interest in applying AI to clinical decision making, we think that clinical use cases will prove to be harder than expected. The data needed to train AI models is messy, and the business models are challenging. Instead, we think AI will gain traction first helping payers and providers reduce administrative costs. This is likely because the datasets are larger and far better quality. For example we have years of high-quality claims, coding, and quality data. Lowering admin costs immediately boosts margins in a sector where nobody outside of pharma makes much money.
2019
The biggest tech trends of 2019, according to top experts
Fast Company
Sharing economy
Car- and bike-sharing programs, as well as the revolution in the nature of taxi services is set to reduce the purchase of private vehicles and by extension likely the consumption of oil related to passenger vehicles . Estimates by McKinsey suggest that the sharing economy is likely to reduce car sales by around 10 % over the next 25 years. The effect on oil demand in 2040 of this trend is somewhat uncertain, related to both the speed of adoption of the sharing economy and the actual replacement of oil – fueled vehicles with alternatives.
2018
The bigger picture- The impact of automation, AI, shared economy on oil demand
The 2° Investing Initiative
3D printing
3D printing is set to have potentially significant impacts on the logistics sector, driving more local production of goods and potentially reducing the transportation of intermediate goods across long distances. 4 According to Integracore, around 25 % of the freight, 41 % of the air cargo sector, and 37 % of the shipping sector may be at risk in the context of 3D printing. In estimating the implications for oil demand, there are data challenges related to the share that cargo makes up in the aviation and shipping sector respectively.
2018
The bigger picture- The impact of automation, AI, shared economy on oil demand
The 2° Investing Initiative
Autonomous vehicles
Autonomous driving is another area of significant disruption. Autonomous vehicles are already tested on the road, with a significant degree of automation built into the Tesla software. Autonomous driving could thus be associated with limited lock-in effect as vehicles simply receive ‘softwareupdates’ as the technology matures. The range of estimates on the impact of autonomous vehicles is wide, from rebound effects actually increasing oil demand to positive estimates suggesting up to a 40% efficiency gain across all road transport.
2018
The bigger picture- The impact of automation, AI, shared economy on oil demand
The 2° Investing Initiative
Ai in supply chains
Artificial intelligence will help significantly improve the efficiencies of supply chains, reducing waste both in the logistics chain itself, as well as in the nature of goods and services transported. Estimates suggest AI can help increase supply chain efficiencies by around 20-30%, 7 with commensurate effects in particular on the freight, air cargo, and shipping cargo sector.
2018
The bigger picture- The impact of automation, AI, shared economy on oil demand
The 2° Investing Initiative
Bio-plastics
Primarily driven by non-climate related environmental concerns, notably plastic trash in the ocean, biodegradable plastic is likely to make inroads as the technology develops, with potentially upward of 50% of plastics replaced by non- oil based alternatives by 2040, 8 including potentially with nanotechnology solutions.
2018
The bigger picture- The impact of automation, AI, shared economy on oil demand
The 2° Investing Initiative