Transportation/trucking/railroad - Santa Monica, California, United States
The Center for Smart Transportation (CST) was created in 2016 to curate content, conduct surveys and original research, make forecasts, provide consultation and advice, and host summits and conferences related to the intersection of transportation, artificial intelligence, cleantech, global positioning systems tech, machine learning, the Internet of Things, sensors, and government policy. Major changes in transportation have always resulted in major changes in civilization, including finance, commerce, economics, crime and punishment, health, housing, and much more. Consider the changes in human history following the invention of the wheel, the stirrup, the chariot, the canoe, the boat, the ship, the train, the tank, the internal combustion engine, and the jet engine.Innovation in transportation determines economic complexity, which, according to researchers at MIT and Harvard, determines how fast a country can grow its economy and how wealthy and productive it can be. Innovation in transportation can determine who wins or loses military battles or even World Wars. World War II was fought in many places, including North Africa and Stalingrad, over oil and the ability to keep vehicles moving. In 2017, we are now seeing the widespread adoption of intelligent GPS trackers that can save fuel and determine who is driving safely and on route, and who is not. We see the widespread adoption of electric vehicles from dozens of manufacturers, and of self-driving car technology by Google (valued at about $500 billion) and 30 other companies. One of these is Uber (valued at $68 billion), which paid $680 million for Ot.to (exactly 1% of its value) after only six months to create self-driving trucks and enter into the vast world of freight transportation and logistics.
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