Paradigm Shift
“This new civilization brings with it new family styles; changed ways of working, loving, and living; a new economy; new political conflicts; and beyond all this an altered consciousness as well. Pieces of this new civilization exist today. Millions are already attuning their lives to the rhythms of tomorrow.”… says Alvin Toffler, the great futurist of all times in his book Third Wave published in the year 1980. Futurist Alvin Toffler is true about today’s paradigm shift.
The last decade of this century will be marked for Ai-talents, inventions, and innovations in self-driving vehicles technology space. Many technology startups are giving a tough fight to incumbent automakers across the world in this autonomous vehicle space with their new Ai-talent pools. They are from Bangalore to Berlin; Singapore to Silicon Valley; China to Chile and Tel Aviv to Turkey. Socially intelligent Connected vehicles will be the future of transportation.
There is a paradigm shift, with the emergence of new business model mobility as a service, people are adopting the new service idea. In crowded cities like NewYork, Shanghai, to New Delhi, people from urban areas will be a shift away from vehicle ownership.
There are few people in this world they think and do differently, and because of them, we humans have invented tools and processes to enable us to make this planet a perfect living for Mankind.
The future of connected, electric, and autonomous vehicles combined with artificial intelligence, will transform the movement of urbanites in modern cities. And this decade will witness this transformation.
Intel study about $7 Trillion Economy
According to Intel and its partner Strategy Analytics study, the new economy is called “Passenger Economy” will emerge to support the idle time when drivers become riders. The economic opportunity will grow from $800 billion to $7 trillion as autonomous vehicles become mainstream. Mobility-as-a-Service will disrupt long-held patterns of vehicle ownership, maintenance, operations, and usage. The new term coined by Intel is called “Passenger Economy.” Changing in consumer behavior after users started adopting Uber and Lyft as an alternative mode of transportation combining with high-speed mobile broadband and cloud solutions are now the driving force of autonomous mobility solutions. This study also reveals that 585,000 lives can be saved due to pilotless vehicles in the era of the Passenger Economy from 2035 to 2045, and there will be a reduction in public safety cost amount to more than US$234 billion.
The Unfair Advantage
In the future, the data will be the key success factor of the autonomous vehicles industry where service delivery companies like Uber, Nero, and Pony will deal with more and more moving customers. In the data-driven industry, companies with more data analytics, predictive analytics power will have an unfair advantage. They will dominate in the fiercely competitive business environment in the autonomous vehicles industry. One such example is creating a more intuitive and responsive user experience and a connection with customers, and that can be achieved using data analytics.
The Technology Adoption and the New Ai-Talent Pool
“Technology is adopted in phases by distinct groups: technology enthusiasts, visionaries, pragmatists, conservatives, and skeptics. The first two groups — technology enthusiasts and visionaries — are the “early market.” The next two groups — pragmatists and conservatives — are the “mainstream market.” The shape of the overall market for any product approximates a bell curve. The early market starts small and grows exponentially into the mainstream market.”- says Steve Blank in his book -The Four Steps to the Epiphany. It is essential to understand that currently, the market is in the technology enthusiasts and visionaries.
In the technology life cycle adoption curve, there will be more Ai jobs created and more Ai-talents will be working with startups once consumers are in the pragmatists and conservatives stage, and are buying various products and services of the autonomous vehicles industry.
The software innovation in autonomous car centers around four core intertwined technology pillars is called ACES (Autonomous, Connected, Electric, and Shared). Digital transformation has changed the auto industry, and new rules are being written. Software innovations have generated more demand for computing power, built-in-sensors, and actuators. Due to the fierce competition and competitors are coming up with new smart business models and innovative product ideas such as Shared-mobility services and robo-taxis via the app. To build an unfair advantage company has started hiring a new breed of talent such as Data Analyst, Predictive Analyst, Self-Driving Car Engineer, Computer Vision Engineer, Autopilot Engineer, Data Scientist Autopilot — Deep Learning Research Engineer/Scientist, etc. Once the company moves from the customer development phase to the mainstream market, they create more and more jobs.
As the market growth of self-driving vehicles is increasing, companies are looking for more talents to get a competitive advantage in autonomous vehicle space.
Do you think the future — automotive jobs revolving around ACES? Do you think autonomous vehicle startups will hire more Ai-talents?
