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The Next Big Disruption: 4 Ways Driverless Cars Are Going To Change The World

The Next Big Disruption: 4 Ways Driverless Cars Are Going To Change The World

All of us living in this technological age have become quite accustomed to major disruptive technologies changing how we deal with different aspects of our lives. Whether it is the invention of different interactive social media tools or a commercial rocket company, we have seen it all and lived to tell the tale, all the while benefiting from what these great disruptions had on offer.

Another interesting major disruption is just around the corner, which can make an even bigger impact on our lives than all of its other ace predecessors. Driverless cars were once considered science fiction, only to be seen in movies, but they are fast becoming a reality as evident by the driverless car stats. Although it will be a while until we are engulfed by this amazing technology, it still is a major consideration on the changes it will beget on the current scenario. There will be some major shake ups down the road, let’s look at 5 ways how these amazing autonomous vehicles are going to have an impact on the world!

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Increased integrated driven productivity

Autonomous cars don’t need to follow state laws and are not required to take rest like human drivers which could highly increase productivity as these cars will be able to operate 24 hours without direct human intervention.

These cars “see” the road through GPS, which enables them to work even in low light and foggy conditions, making long haul payload transportation more efficient. Companies could earn highly from this increased efficiency and making this revolution in supply chain, would keep prices of different materials low for the common consumer without affecting profitability. Now that’s productivity!

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Lowering human effort

With a smartphone in almost every hand, there would be high convenience in them being given commands which they can line up on themselves, given an increase in robotic and AI technology, and make light of tasks which we humans consider cumbersome, like taking your mom for her routine checkup every week. This will free humans up to engage more in productive activities.

The same time period could now be utilized to achieve even more as we won’t be engaged in hour long commutes towards work or picking children up from their schools, we could instead be dozing up on our way to home from work or catch up on some latest music while the cars brings the children. What an amazing let off would that be!

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Changing Job Dynamics in the Transportation Industry

As cars would be driven autonomously, there would be increase in joblessness for people working in the transportation industry as drivers. This could both be used as a bane or a beneficial advantage as these now free workers could be put to other more useful tasks accomplishing more or they could become irrelevant.

It all depends on planning and charting out a course on how these people could be re-accommodated into the job market otherwise they could end up as disgruntled workers in the race for driverless cars. Policy makers round the world should keep an eye on this issue as there have been a lot of instances in history where a new disruption caused sudden high unemployment causing social unrest. These workers could be re-instigated into the same supply chain industry in different roles.

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Putting a lid on Environmental Damage

Carbon emissions from factories and automobiles have caused increasing damage to the fragile climatic conditions of this planet, with us now on the brink of a major calamity owing to the increase in greenhouse gases anytime soon.

These autonomous vehicles mostly employ solar power as compared to conventional modes of transportation, will cause a drastic reduction in carbon emissions worldwide, lowering our carbon footprint and putting a leash on the breakaway climate change we have instigated, even if not reversing the damage altogether. These autonomous cars will ensure that our over dependence on fossil fuels end and with that our monstrous impact on the world we currently inhibit.

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Last Updated on May 16, 2019

The Daily Rituals of 7 Successful CEOs

The Daily Rituals of 7 Successful CEOs

One of my favorite success quotes ever comes from one of the original and most successful ‘CEOs’ of his era: Aristotle. Here’s what he said:

“We are what we repeatedly do. Excellence, then, is not an act, but a habit.”

This advice is just as sound today as it was when Aristotle first expressed it, way back when. I’m reminded of this at least once a week, when I interview an inspiring author, leader, or successful CEO on my show. I ask my guests a series of questions about what has contributed to their success and their ability to build something meaningful.

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You want to know what nearly all of them say? Almost every time, they respond by telling me that their success is the result of simple habits  enacted day after day.

These quotes from seven successful CEOs demonstrate the daily rituals that have contributed to their success:

1. Promote what you love.

“It’s so much better to promote what you love than to bash what you hate.” – Jessica Alba, CEO of The Honest Company

2. Develop a feedback loop.

“I think it’s very important to have a feedback loop, where you’re constantly thinking about what you’ve done and how you could be doing it better. I think that’s the single best piece of advice: constantly think about how you could be doing things better and questioning yourself.” – Elon Musk, CEO of TESLA Motors

3. Create things that are better, not just “different.”

“Our task today is to find singular ways to create the new things that will make the future not just different, but better—to go from 0 to 1. The essential first step is to think for yourself. Only by seeing our world anew, as fresh and strange as it was to the ancients who saw it first, can we both re-create it and preserve it for the future.” – Peter Thiel, CEO of Palantir and best-selling author of Zero To One.

4. Meditate.

“Meditate. Breathe consciously. Listen. Pay attention. Treasure every moment. Make the connection.” – Oprah Winfrey, CEO of OWN Network

5. Read every day.

“Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.”-Warren Buffet, CEO of investment firm Berkshire-Hathaway

6. Block time for email.

“Set aside a 20- to 30-minute chunk of time two or three times a day for email. Do not check continually through the day.” – Doug Camplejohn, CEO of predictive lead marketing company FlipTop.

7. Make your customers happy.

“We see our customers as invited guests to a party, and we are the hosts. It’s our job every day to make every important aspect of the customer experience a little bit better.” – Jeff Bezos, CEO of Amazon.com

Develop the right rituals. Become a successful CEO.

If the majority of these daily habits are new to you, avoid making the crucial mistake of adopting all of these habits at once. Research on habit-formation indicates that lasting habits are formed one at a time.

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For example, let’s say you’re excited about developing the following daily habits:

  • daily reading,
  • daily meditation, and
  • updating your to-do list every night

Let’s say that daily reading is the one that excites you the most out of the three habits noted above. It would be wise of you to begin by choosing and scheduling time to read every day, and then sticking to that time until it becomes a habit. Once it feels effortless and automatic, you’ll know that you’ve turned it into a daily habit. Now you’re ready to install the next habit… and the next… Until before you know it, you’ll start looking in the mirror and seeing the reflection of a successful CEO.

Featured photo credit: Amy Hirschi via unsplash.com

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