The tipping point for autonomous cars

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<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Today, we are happy to share the next test in the series of autonomous vehicles of our colleague Matt McCall, editor-in-chief of Investment Opportunities. Matt has covered one of the most important growth trends and investment opportunities in our lives: electric and autonomous vehicles. "Data-reactid =" 11 "> We are pleased to share today the next test of our colleague in the series of autonomous vehicles .. Matt McCall, editor-in-chief of Investment Opportunities. Matt has covered one of the most significant trends and growth investment opportunities of our lives – electric and autonomous vehicles.

When investing in changing market trends, some investments may take years to generate returns. Today, Matt will explain why this is not the case with audiovisual vehicles. Unlike many other innovations, exponential change is imminent, as are benefits.

We will share with you the final text of this series in a special mailing of the Digest very soon. In the meantime, I know you will find the essay below informative and entertaining.

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<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "By Matt McCall"data-reactid =" 16 ">By Matt McCall

If you like a lot of people, you can assume that autonomous vehicles (AV) are a kind of "Jetson" idea that will take years, if not decades, to materialize.

There is a good reason for that …

You see, conventional progress – the kind of advancement rooted in the minds of most people – is like going for a walk …

You take a step, you take a step.

After crossing 10 steps, you are 10 steps from your starting point.

Pretty simple, no?

Well, exponential advances – those that are occurring in technology labs and businesses today – are radically changing the equation … and dramatically accelerating the pace of change we are seeing around the world.

Each step is DOUBLE the previous step.

For example, if you make exponential progress as you walk, you take a step.

Now, double that …

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By the time you arrive at the 10th step, your step equals 512 regular steps!

And by the time you reach the 20th stage, your stage is equivalent to 524 288 steps!

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Exponential progress is a "snowballing" progress … each stage of advancement is double that which precedes it.

The first stages of exponential growth are not incredible. The growth shown on a chart does not skyrocket in the beginning.

As a result, disruptive innovations, such as autonomous cars, may seem to you to be only a fantasy …

But computing power is moving at incredible speeds – and is accelerating. At the same time, the cost of computing power is in free fall.

But technological change does not progress in a straight line.

It's like this …

There is a key principle behind this incredible card.

Start with the "linear" line. This shows us how most people expect technology to evolve.

But now let's look at the blue line.

That's what exponential change really looks like.

As you can see, there is a gap between the degree of change that we think is possible and the degree of change that actually occurs over time.

When progress reaches the point where disappointment is astonishing, it is the moment when a technology really takes off.

This is called "the law of accelerated returns".

And this has been observed for the first time by Google's director of engineering, Ray Kurzweil.

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Because of this law, it takes less and less time to generate incredible wealth.

Investors enjoy the benefits because the time required for a profound change is becoming "compressed".

Previously, it took more than 20 years for these incredible changes in the industry to materialize.

Now they play in less than five years.

All thanks to the law of accelerated returns … all thanks to exponential progress.

Investors have to enter before the whole world realizes that this is happening with audiovisual vehicles.

Frankly, this is the time when you expect to make the biggest gains.

I am referring to that moment where disappointment is a wonder as being my "red envelope moment". Next time, I'll share what this means (you may be able to guess the Netflix fans) and what she tells us about the tremendous potential for wealth creation. in audiovisual vehicles.

Regards,

Matt McCall, publisher

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