Stuff that Works for You (not the other way around)
There’s a ton of automation in the pipeline. Tech that will automate your stuff. It will add a bit of smarts so it can operate on its own much more than it does right now.
Confused? Here’s an example that may make it a bit more clear.
Automated, self-driving cars are already reality. The tech has been proven by the Google map team and many others over the last decade. Cars that automatically brake to avoid collision and cars that parallel park have been on the market for years already.
NOTE: The only time the Google car was in an accident, it was being operated manually.
Given this existing momentum and what is going on at the legislative level, it’s likely we are going to see self-driving cars (both new and retro-fit) all over the place within the decade.
On the whole, that’s a good thing. Cars that drive themselves will be safer than the cars driven by human beings. We’re going to see lots of changes to behavior:
- it makes it possible for work/sleep during commutes,
- shuttle kids easily, and
- travel long distances overnight while sleeping (a full reclining bed in the car).
From the perspective of our work on the American Dream, automation makes it possible for you to put your car to work when you aren’t using it.
For example, an automated car on Uber or Lyft could easily become a short haul taxi or a day rental on Relay rides. If it has a bed, it could even be rented as a vehicle for hauling people from city to city overnight (a sleeper). There’s lots of different options available.
NOTE: This part time rental/use will kill existing fleet services. They can’t compete.
The key to this is: the car works for you, not the other way around. In fact, it should be making you money instead of costing you money over the life of the car.
Here’s a scenario for how it would work. It’s pretty simple.
It’s 2020. I live outside a US city. I’m telecommuting today and don’t need my car, so I put it up on Lyft as an automated rental. Someone in my nearby town wants a lift to the city this morning, and requests the use of my car. I check out their rating and accept. The car leaves my home, travels to the customer’s location, and picks the customer up (using their app as an ID). The car then drives the customer to the desired location. The customer asks if the car could wait a couple of hours while she is in a meeting. The settings I’ve put into the app allow that, and the car parks and waits until she emerges. She gets in and is delivered back home in the afternoon. The entire day is charged to her credit card automatically. She rates the car (and me) 5 stars and after I inspect the car when it gets home, I give her 5 stars too. My account is automatically credited with the income generated. I expect to make $10 k on my car this year in profit on the car, not bad asset to own.