FountainBlue’s June 14 VIP roundtable was on the topic of ‘The Future of Autonomous Driving’. Please join me in thanking our gracious hosts at Vonzos Partners and our executives in attendance for their input and advice. Below are notes from the conversation.
There was resounding agreement that autonomous driving is a certainty, and agreement also that there are many barriers toward mass adoption.
- It’s tricky to navigate a world where some cars are autonomous and some aren’t, but if adoption is to take place, policy-makers, drivers, vendors, auto-makers, and all other stakeholders must collaborate on a transition plan.
- The stakes are high in dollars and in lives, so all edge cases, corner cases and other scenarios must be planned for. It takes money and time to do this piece well.
- The sheer volume of data generated by vehicles is mind-boggling. It’s a challenge to figure out how to best leverage the data – the real-time analytics – to optimize for both efficiency and safety.
Below are some highlighted best practices to facilitate this adoption:
- Plan for small successes which would serve foundational needs for autonomous driving. For example, simulations, artificial intelligence, data analytics will all be foundation solutions necessary for full adoption of autonomous driving. Invest in solutions which can provide these technologies today.
- Collaboration between stakeholders across geographies, industries, functions, jurisdictions etc., must be formed for adoption to take place. Partnering with insurance companies might be an interesting option as well.
- Having a neutral party to facilitate collaborations between stakeholders might help forge partnerships and might make it more inclusive.
- Computer simulations leveraging data might help in the research and design of autonomous vehicles.
Plan for these opportunities also, as we approach adoption of autonomous vehicles:
- The passengers will have more time on their hands. And they would be willing to pay for mobile internet access, streamed entertainment and work options.
- Interactivity between riders may provide interesting opportunities.
- Plan for additional security implications for fully autonomous vehicles.
Below are some predictions by our executives in attendance:
- Autonomous drivers may leverage highways first as there are fewer challenges around pedestrians, parked cars, road hazards, etc.,
- The trucking industry might be adopting autonomous driving first as it’s more easily automated and is more profitable than passenger vehicles.
We are at least a decade away from full autonomous driving, but there will be early adopters in several areas. Collaboration and coordination between leaders and innovators is key to exactly how many decades off we are from a future with autonomous driving.
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