Improvements in information technology related technologies are encouraging and enabling greater use of public transportation and they are enabling new forms of transportation systems that have lower carbon emissions and use less resources. Improvements in information-related technologies such as mobile phones and GPS encourage greater use of public buses, bicycle sharing systems, and trains. These same improvements are making autonomous vehicles economically feasible and roads dedicated to them. Roads dedicated to them can reduce congestion, increase fuel efficiency, and reduce accidents and costs related to them. In combination with public transportation, autonomous vehicles can reduce the need for private vehicles and thus parking spaces. Similar types of improvements in power electronics are reducing the cost and improving the performance of charging stations and thus enable more rapid recharging with a denser number of charging stations. This rapid and more frequent recharging can overcome the existing bottleneck of lower battery storage densities and slow improvements in these storage densities. Overall, improvements in information technology are making possible new forms of sustainable systems that have a much higher chance of becoming economically feasible than more commonly discussed solutions such as hybrid vehicles and wind turbines.
A TMS is a part of Supply Chain Management specially designed for a broader goal to ease and automate transportation operation by allowing <a href="https://www.lotus-containers.com/de/">shipping companies</a> to gain valuable insight of every point of distribution to enhance efficiency and increases productivity.
Different modes of transportation used in supply chain and logistics. Case about few transport and benefits/loss from each mode of transport in comparison to another. Here 4 major mode of transport has been used in presentation. importance of transportation and various ways of transportation.
A TMS is a part of Supply Chain Management specially designed for a broader goal to ease and automate transportation operation by allowing <a href="https://www.lotus-containers.com/de/">shipping companies</a> to gain valuable insight of every point of distribution to enhance efficiency and increases productivity.
Different modes of transportation used in supply chain and logistics. Case about few transport and benefits/loss from each mode of transport in comparison to another. Here 4 major mode of transport has been used in presentation. importance of transportation and various ways of transportation.
Transportation is the key object in every business. The technology and their possible outcomes in near by future are explained over here. What could be the future technology and the possibilities in India ?
Transportation services are very necessary for various requirements. Transportation or shipping of vehicles, things and also for other commercial purposes and of course the public transportation is so vital these days. You’ll get here the possible shortcomings or challenges or troubles that can be the issue for transportation service of any kind. The issues are traffic congestion, Parking difficulties, Environmental causes etc.
A presentation by Mr Bobby Shemmans (Tanker Services) at the Transport Forum SIG 14 July 2016 hosted by Standard Bank in Cape Town, South Africa.
The theme for the event was: "RTMS - Industry Best Practice and Standards". The topic of the presentation was: "Freight case study."
Intelligent Transportation System (ITS) is the modern technique implemented in many developed countries and is under implementation in developing countries like india.This presentation gives a brief idea about ITS.
Cost-benefit analysis in the transport sectorOECD Governance
Presentation by Lorenzo Casullo, OECD International Transport Forum, at a RIA workshop for the transport infrastructure regulator of Peru (OSITRAN) which took place in Lima 20-22 February 2017. Further information is available at www.oecd.org/gov/regulatory-policy/
The presentation includes basic introduction to land transportation and introduction to rail, road and hyper loop transport. It also states the advantages and disadvantages of each form of land transport.
"Transportation Systems" is a PowerPoint for primary and secondary students that provides an overview of transportation systems and the related careers involved in this field .
Transportation is the key object in every business. The technology and their possible outcomes in near by future are explained over here. What could be the future technology and the possibilities in India ?
Transportation services are very necessary for various requirements. Transportation or shipping of vehicles, things and also for other commercial purposes and of course the public transportation is so vital these days. You’ll get here the possible shortcomings or challenges or troubles that can be the issue for transportation service of any kind. The issues are traffic congestion, Parking difficulties, Environmental causes etc.
A presentation by Mr Bobby Shemmans (Tanker Services) at the Transport Forum SIG 14 July 2016 hosted by Standard Bank in Cape Town, South Africa.
The theme for the event was: "RTMS - Industry Best Practice and Standards". The topic of the presentation was: "Freight case study."
Intelligent Transportation System (ITS) is the modern technique implemented in many developed countries and is under implementation in developing countries like india.This presentation gives a brief idea about ITS.
Cost-benefit analysis in the transport sectorOECD Governance
Presentation by Lorenzo Casullo, OECD International Transport Forum, at a RIA workshop for the transport infrastructure regulator of Peru (OSITRAN) which took place in Lima 20-22 February 2017. Further information is available at www.oecd.org/gov/regulatory-policy/
The presentation includes basic introduction to land transportation and introduction to rail, road and hyper loop transport. It also states the advantages and disadvantages of each form of land transport.
"Transportation Systems" is a PowerPoint for primary and secondary students that provides an overview of transportation systems and the related careers involved in this field .
Peter Van der Veer presented on Product Development in Relation to the Safety of Bicycles and Cycle Parking Systems at the City of [Bike] for City Seminar held in Istanbul, Turkey, on December 11, 2013. The Seminar was held as part of EMBARQ Turkey's BikeLab project. Van der Veer's presentation was given during Session 2 of the Seminar, "Planing and Design of Urban Bike Roads."
A presentation depicting what are the advantages of publicly owned and operated transportation system over privately owned and operated transportation system with suitable case studies of a few big cities.
Public Bicycle Sharing (PBS) systems have been recognized by cities around the world as a useful and beneficial public transport service. India has yet to see the implementation of a city-wide PBS system, despite numerous local and neighborhood scale pilot initiatives across the country. However, several Indian cities are now in the advanced stages of developing large scale PBS systems. In this webinar, Mr. Ashwin Prabhu and Ms. Ranjana Menon provided an overview of the lessons learnt from this process, and the particular challenges of implementing PBS systems in Indian cities.
The webinar recording can be seen here - https://www2.gotomeeting.com/register/517555170
Related research - http://embarqindiahub.org/publications/bicycle-rental-market-indore
When do new technologies become economically feasible: the case of electronic...Jeffrey Funk
These slides describe the process by which many new electronic products become economically feasible and the types of questions that young entrepreneurs should be asking when they are searching for new opportunities. It first shows detailed cost data for nine types of electronic products and that about 95% of the costs involve standard electronic components such as microprocessors, memory, and displays. Second, it focuses on the iPhone and the iPad and how they have been improved, mostly through the availability of better standard components. Third, we work backwards and identify the performance and cost that were needed in these components before the iPhone and iPad offered sufficient levels of performance and price to users. Fourth, we use this analysis to think about the types of new smart phones and tablet computers that will likely emerge in the next few years and the types of questions that young entrepreneurs should be asking about them. Fifth, these examples are used to revise models of learning and invention. These slides are based on one of my courses, MT5009 (Analyzing Hi-Tech Opportunities), and more details (lecture and group presentation slides) can found on one of my slideshare accounts: http://www.slideshare.net/Funk98/presentations
What enables improvements in cost and performance to occur?Jeffrey Funk
These slides discuss the design changes that enable improvements in cost and performance to occur. The main types of design changes that lead to improvements are: 1) reductions in scale (e.g., transistors and Moore's Law); 2) creation of new materials; 3) increases in scale (e.g., internal combustion engines, oil tankers, production equipment). Some technologies experience these improvements directly and some indirectly through the impact of components on higher-level systems.
How and When do New Technologies Become Economically FeasibleJeffrey Funk
These slides contrast two processes by which new technologies become economically feasible. Some technologies become economically feasible as advances in science facilitate the creation of new concepts and improvements in the resulting technologies. Other technologies become economically feasible as improvements in electronic components (e.g., Moore's Law), smart phones, and the Internet experience improvements.
Predicting Breakthrough Technologies: An empirical analysis of past predictio...Jeffrey Funk
These slides empirically analyzes predictions made by MIT’s Technology Review. Technology Review has produced a list of 10 breakthrough technologies for many of the last 10 years (2001, 2002-2014). These predictions are based on conversations with academic experts from a variety of scientific disciplines. To analyze these predictions, I gathered recent market sales data for the predictions done in 2001, 2003, 2004 and 2005. I found that many of these technologies still have small markets (<$1Billion), markets that are smaller than technologies not chosen by Technology Review such as smart phones, Cloud Computing. Tablet Computers. Big Data, Social Networking, and eBooks/eReaders. The slides then use theories of cognition to explain these relatively poor predictions and propose an alternative way of predicting breakthrough technologies
Intro to course module: How do new Technologies Become Economically FeasibleJeffrey Funk
These slides introduce a course that helps students understand when new technologies become economically feasible. It does this by focusing on technologies that are experiencing rapid improvements. These technologies (and systems composed from them) are more likely to become economically feasible for a growing number of applications than are technologies with less rapid rates of improvement. It also helps students understand the reasons for these rapid rates of improvement and thus the types of technologies for which we can expect rapid rates of improvement. While many analyses of new technologies focus on demand and production, these slides show how other technical changes impact more directly on improvements. these technical changes include new materials and scaling.
These slides discuss Robert Gordon's recent book, The Rise and Fall of American Growth. He argues that growth was faster between 1870 and 1940 than between 1940 and 2010. Simply put, an American in 1870 would not have recognized life in 1940 but an American in 1940 would recognize life today. These slides discuss what would be needed to change these results and thus make the improvements since 1940 equivalent to those between 1870 and 1940
These slides analyse the improvements in materials and electronics that are making new forms of displays economically feasible. Improvements in organic and other materials, integrated circuits, and other electronics are making displays better and cheaper and will cause them to become even more widely used in our economy than they currently are.
These slides analyze the impact of improved cloud computing on the ability to provide better real-time security, These improvements are changing security from a batch to a real-time world in which terrorists and other criminals can be more quickly captured.
MIT's Poor Predictions About TechnologyJeffrey Funk
These slides analyze the 40 predictions of breakthrough technologies that were made betwee 2001 and 2005 by MIT’s Technology Review. Most of them are science-based technologies, and none of the science-based technologies predicted between 2001 and 2005 have markets larger than $10 billion. Among its 40 predictions, only four have markets larger than $10 billion and these technologies have little to do with recent advances in science and instead were enabled by Moore’s Law and improvements in Internet services. MIT also missed many technologies that have achieved market sales greater than $100 billion such as smart phones, cloud computing, and the Internet of Things and other technologies with sales greater than $50 billion such as e-commerce for apparel and tablet computers.
These slides use concepts from my (Jeff Funk) course entitled analyzing hi-tech opportunities to show how mobile devices are becoming more economically feasible for health care. Rapid improvements in electronics are enabling a wide variety of health-related attachments to become available for mobile phones. These attachments can analyze breath, blood oxygen levels, blood glucose, blood type, and urine and do ultrasounds. These advances will change the way health care is monitored and managed.
Wireless healthcare: the next generationJeffrey Funk
These slides use concepts from my (Jeff Funk) course entitled analyzing hi-tech opportunities to analyze how wireless healthcare are becoming economic feasible. Improvements in microprocessor and transceiver ICs, MEMS, photo-sensors, and other electronic components are making wireless healthcare economically feasible. These slides show how improvements in these components are making capsule endoscopy, smart drug delivery, and digital pills economically feasible. Capsule endoscopy involves sending a small device through the body, particularly the digestive system, to take images. Further improvements in electronic components are needed to further reduce the size of these devices. Drugs can be dispensed through smart pills at programmed times or can be triggered by sensors that detect the correct location. Digital pills send signals to mobile phones or other devices when the pills have been taken. The slides conclude by discussing the role of mobile phones in increasing the number of wireless healthcare applications.
Ride Sharing, Congestion, and the Need for Real SharingJeffrey Funk
Current ride sharing services are not financially sustainable. Although they provide more convenience than do taxi services, they are experiencing massive losses because they have the same cost structure as do taxis and thus must compete through subsidies and lower wages. After all, they use the same vehicles, roads, and drivers, and only GPS algorithms and phones are new.
They also increase congestion. Just as more private vehicles or taxis on the road will increase congestion, more ride sharing vehicles also increase congestion.
These slides describe new ways to use the technologies of ride sharing to reduce congestion along with costs while at the same time keeping travel time low. This can be done through changing public transportation systems or allowing private companies to offer competing services. For instance, current bus services, whether they are private or public, need to use the algorithms, GPS, phones and other technologies of ride sharing to revise routes, schedules and the premises that currently underpin public transportation. There is no reason a bus should be certain size, stop every 200 meters, or follow the same route all day. Algorithms and phones enable new types of routes in which designers simultaneously minimize time travel and maximize number of passengers transported per vehicle.hour.
Multiple Passenger Ride Sharing Changes Economics of CommutingJeffrey Funk
While Uber has challenged taxi drivers, multiple passenger ride sharing service can give us the both of best worlds: short travel times and low prices. They can provide the low prices of public transport with the short travel times of private cars or single passenger taxis. Different than Uber Pool or other crowd sourcing services, the key is for the startup to guarantee both short travel times and low prices, even if demand does not initially exist. This can be be done by having better data on the starting and ending points of travelers, which enables us to identify high demand routes and times and thus enable services that have few stops. The fewer stops enable short transit times and the multiple passengers in cars, vans, or mini-buses can reduce costs.
ROBIN CHASE
Author, "Peers Inc: How People and Platforms are Inventing the Collaborative Economy and Reinventing Capitalism"
She is co-founder and former CEO of Zipcar, the largest carsharing company in the world; Buzzcar, a peer to peer carsharing service in France; and GoLoco, an online ridesharing community. She is also co-founder of Veniam, a vehicle communications company building the networking fabric for the Internet of Moving Things.
Designing Roads for AVs (autonomous vehicles)Jeffrey Funk
Autonomous vehicles (AVs) represent one of the most promising new technologies for smart cities and for humans in general. The problem is that cities will not realize the full benefits from AVs until roads are designed for them. Until this occurs, their main benefit will be the elimination of the driver and steering wheel, which will reduce the cost and increase the capacity of taxis; but even this impact will not occur for many years because of safety concerns. Thus, in the near term, the main benefit of AVs will be free time for the driver to do emails and other smart phone related tasks.
A better solution is to design roads for AVs or in other words, to constrain the environment for AVs in order to simplify the engineering problem for them. For example, designing roads so that all vehicles can be controlled by a combination of wireless communication, RFID tags, and magnets will reduce the cost of AVs and increase their benefits. Only AVs would be allowed on these roads, they are checked for autonomous capability at the entrance, and control is returned to the driver when an AV leaves the road. Existing cars can be retrofitted with wireless modules that enable cars to be controlled by a central system, thus enabling cars to travel closely together. The magnets and RFID tags create an invisible railway that keeps the AVs in their lanes while wireless communication is used for lane changing and exiting a highway (Chang et al, 2014; Le Quesne et al, 2014). These wireless modules, magnets and RFID tags will be much cheaper than the expensive LIDAR that is needed when AVs are mixed with conventional vehicles on a road.
The benefits from dedicating roads to AVs include higher vehicle densities, less congestion, faster travel times, and higher fuel efficiencies. These seemingly contradicting goals can be achieved because AVs can have shorter inter-vehicle distances even at high speeds thus enabling higher densities, lower congestion, and lower travel times. The less congestion and thus fewer instances of slow moving or stopped vehicles enable the vehicles to travel at those speeds at which higher fuel efficiencies can be achieved (Funk, 2015). In combination with new forms of multiple passenger ride sharing, the higher fuel efficiencies will also reduce carbon emissions and thus help fight climate change.
The challenge is to develop a robust system that can be easily deployed in various cities and that will be compatible with vehicles containing the proper subsystems. Such a system can be developed in much the same way that new cellular systems are developed and tested. Suppliers of mobile phone infrastructure, automobiles, sensors, LIDAR, 3D vision systems, and other components must work with city governments and universities to develop and test a robust architecture followed by the development of a detail design.
A CAR POOLING MODEL WITH CMGV AND CMGNV STOCHASTIC VEHICLE TRAVEL TIMESEditor IJMTER
Carpooling (also car-sharing, ride-sharing, lift-sharing), is the sharing of car journeys so
that more than one person travels in a car. It helps to resolve a variety of problems that continue to
plague urban areas, ranging from energy demands and traffic congestion to environmental pollution.
Most of the existing method used stochastic disturbances arising from variations in vehicle travel
times for carpooling. However it doesn’t deal with the unmet demand with uncertain demand of the
vehicle for car pooling. To deal with this the proposed system uses Chance constrained
formulation/Programming (CCP) approach of the problem with stochastic demand and travel time
parameters, under mild assumptions on the distribution of stochastic parameters; and relates it with a
robust optimization approach. Since real problem sizes can be large, it could be difficult to find
optimal solutions within a reasonable period of time. Therefore solution algorithm using tabu
heuristic solution approach is developed to solve the model. Therefore, we constructed a stochastic
carpooling model that considers the in- fluence of stochastic travel times. The model is formulated as
an integer multiple commodity network flow problem. Since real problem sizes can be large, it could
be difficult to find optimal solutions within a reasonable period of time.
Shifting to Net Zero: A Case Study of New DelhiESD UNU-IAS
Group Presentation - 2022 ProSPER.Net Leadership Programme
16 December, 2022
Shifting to Net Zero: A Case Study of New Delhi
Presented by:
Kaidi Ru
Padmi Ranasinghe
Rajat
Yen Nguyen
The peer-reviewed International Journal of Engineering Inventions (IJEI) is started with a mission to encourage contribution to research in Science and Technology. Encourage and motivate researchers in challenging areas of Sciences and Technology.
At iomob we seek to transform urban mobility from its current fragmented state towards a decentralised internet of mobility marketplace. This white paper seeks to explore emerging trends and future directions towards more seamless access to public and private mobility services.
Under-appreciated and neglected urban transport policy opportunities (and ref...Paul Barter
Presentation to 6 May 2009 event in Singapore organised by the Land Transport Authority (LTA), the Asian Development Bank (ADB) and the Centre for Liveable Cities (CLC).
BREAKTHROUGH TECHNOLOGIES ARE SHAPING NEW MOBILITY SOLUTIONS AND FUTURE CITIES GrzegorzOmbach
During the next 30 years, about 70% of the population will live in megacities. This shift requires entirely new approaches to urban mobility and urban planning. We can already see many positive developments, such as electric cars, e-scooters, e-buses, autonomous electric pods, e-planes, super-fast charging, stereoscopic garages and many others. New technologies like wireless charging, batteries with 10C rate for charging and discharging, and new 5G technology for more reliable and faster data communication will help to improve current mobility solutions and create new ones. This presentation will discuss some examples that are currently under development or in a test. It will give an outlook on future urban mobility as part of a new city concept.
Why Cities Choose Smart Parking Solutions from Streetline
This white paper examines the impact of parking on the transportation ecosystem as well as the quality of life in a city. Technological solutions are offered to address parking congestion, which is estimated at 30% of city traffic. Streetline's sensors and consumer & municipal applications provide the tools a city needs to implement smarter parking strategies.
Urban, Road and Rail Transport of the Future Faga1939
This article aims to present the major innovations that should occur in land transport (urban, road and rail) in the future. Land transport means transport people and cargo within cities and carry out exchanges between surrounding cities, states and countries, contributing to the economic and social development of a country or region.
Ben Pierce is an industry expert in the emerging field of autonomous and connected vehicles (AV/CV). Based in Columbus, Ohio, Ben is a national thought leader drawing on more than 25 years of experience with transportation technology. Ben’s vision and understanding of transportation technology made him a key contributor to Columbus, Ohio’s successful Smart City Challenge application.
The "Unproductive Bubble:" Unprofitable startups, small markets for new digit...Jeffrey Funk
This article will show that the current bubble has produced few profitable startups and involved few if any new digital technologies, nor technologies involving recent scientific advances, and thus it is unlikely that much that is productive will be left once the dust settles. There is a growth in old technologies such as e-commerce but little in new technologies such as AI. The startup losses are also much larger than in the past suggesting that fewer of today’s startups will still exist in a few years than those of 20 years ago.
Commercialization of Science: What has changed and what can be done to revit...Jeffrey Funk
This paper several changes that I believe may have reduced America’s ability to develop science-based technologies. I make no claims about the completeness. I begin with the growth of university research and then cover several changes it engendered, including an obsession with papers, hyper-specialization of researchers, and huge bureaucracies, also using the words of Nobel Laureates and other scientists to make my points.
2000, 2008, 2022: It is hard to avoid the parallels How Big Will the 2022 S...Jeffrey Funk
These slides summarize the recent share price declines for new startups, declines that are driven by huge annual and cumulative losses and it contrasts today's bubble with those of 2000 and 2008. It shows that today's bubble involves bigger startup losses than those of the 2000 bubble and that the markets of new technologies have not grown to the extent that those of past decades did. Many hedge funds, VCs, and pension funds are heavily invested in these startups. Some of them are also highly leveraged.
The Slow Growth of AI: The State of AI and Its ApplicationsJeffrey Funk
The failure of IBM Watson, disappointments of self-driving vehicles, slow diffusion of medical imaging, small markets for AI software, and scorching criticisms of Google’s research papers provide evidence for hype and disappointment in AI, which is consistent with negative social impact of Big Data and AI algorithms. There are some successes, but they are much smaller than the predictions, with virtual applications (advertising, news, retail sales, finance and e-commerce) having the largest success, building from previous Big Data usage in the past. Looking forward, AI will augment not replace workers just as past technologies did on farms, factories, and offices. Robotic process automation and natural language processing are likely to play important roles in this augmentation with RPA automating repetitive work, natural language processing summarizing information, and RPA also putting the information in the right bins for engineers, accountants, researchers, journalists, and lawyers. Big challenges include reductions in training time depending on faster computers, exponentially rising demands on computers for high accuracies in image recognition, a slowdown in supercomputer improvements, datasets riddled with errors, and reproducibility problems.
Behind the Slow Growth of AI: Failed Moonshots, Unprofitable Startups, Error...Jeffrey Funk
Smaller than expected markets, money-losing startups, failure of Watson, slow-diffusion of self-driving vehicles and medical imaging, and scorching criticisms of Google’s research papers are some of the examples used to characterize the hype of AI. There are some successes, but they are much smaller than the predictions, with advertising, news, and e-commerce having the biggest success stories. Looking forward, #AI will augment not replace workers just as past technologies did on farms, factories, and offices. Robotic process automation and natural language processing are likely to play important roles in this augmentation with #RPA automating repetitive work, natural language processing categorizing information, and RPA also putting the information in the right bins for engineers, accountants, researchers, journalists, and lawyers. The big challenges include exponentially rising demands on computers for high accuracies in images, a slowdown in supercomputer improvements, datasets riddled with errors, and reproducibility problems. See either this podcast or my slides, whose URL is shown in comments. #technolgy #innovation #venturecapital #ipo #artificialintelligence
The Troubled Future of Startups and Innovation: Webinar for London FuturistsJeffrey Funk
These slides show how the most successful startups of today (Unicorns) are not doing as well as the most successful of 20 to 50 years ago. Today's startups are doing worse in terms of time to profitability and time to top 100 market capitalization status. Only one Unicorn founded since 2000 has achieved top 100 market capitalization status while six, nine, and eight from the 70s, 80s, and 90s did so. It is also unlikely that few or any of today's Unicorns will achieve this status because their market capitalizations are too low, share prices increases since IPO are too small, and profits remain elusive. Only 14 of 45 had share price increases greater than the Nasdaq and only 6 of 45 had profits in 2019. The reasons for the worse performance of today's Unicorns than those of 20 to 50 years ago include no breakthrough technologies, hyper-growth strategies, and the targeting of regulated industries. The slides conclude with speculations on why few breakthrough technologies, including science-based technologies from universities are emerging. We need to think back to the division of labor that existed a half a century ago.
Where are the Next Googles and Amazons? They should be here by nowJeffrey Funk
Great startups aren’t being founded like they were in the 1970s (Microsoft, Apple, Oracle, Genentech, Home Depot, EMC), 1980s (Cisco, Dell, Adobe, Qualcomm, Amgen, Gilead Sciences), and 1990s (Amazon, Google, Netflix, Salesforce.com, PayPal). All of these startups reached the top 100 for market capitalization, but Facebook is the only startup founded since 2000 which has entered the top 100. Tesla and Uber are often discussed as highly successful but they have many times higher cumulative losses than did Amazon at its time of peak losses and neither has had a profitable year despite being older than Amazon was when it achieved profits. Furthermore, few of the recent Unicorn IPOs have experienced shareprice increases greater than those of the Nasdaq (14 of 45), only 3 of these 14 have profits, and only six of them have a
market capitalization over $30 (Zoom), $20 (Square), and $10 billion (Twilio, DocuSign, Okta). America’s venture capital system isn’t working as well as it once did, and the coronavirus will make things worse before the VC system gets better.
Start-up losses are mounting and innovation is slowing, but venture capitalists, entrepreneurs, consultants, university researchers, and business schools are hyping new technologies more than ever before. This hype is facilitated by changes in online media, including the rise of social media. This paper describes how the professional incentives of experts and the changes in online media have increased hype and how this hype makes it harder for policy makers, managers, scientists, engineers, professors, and students to understand new technologies and make good decisions. We need less hype and more level-headed economic analysis and this paper describes how this economic analysis can be done. Here is a link to the journal, Issues in Science & Technology: www.issues.org
Irrational Exuberance: A Tech Crash is ComingJeffrey Funk
These slides apply Nobel Laureate Robert Schiller's concept of irrational exuberance (and a book) title to the current speculative bubble of 2019. Over investments in startups and a lack of profitability in them are finally starting to catch up with the venture capital industry and the tech sector that relies on it. Investments by US venture capitalists have risen about six times since 2001 causing the total invested in 2018 to exceed by 40% the peak of 2000, the last big year of the dotcom bubble. But the number of IPOs has never returned to the peak years of 1993 to 2000; only about 250 were carried out between 2015 and 2017 vs. about 1,200 between 1995 and 1997.
The reason is simple: startups are taking longer to go public because they are not profitable. Consider the data. The median time to IPO has risen from 2.8 years in 1998 to 7.7 years in 2016 and the ones going public are less profitable than they were in the past. Although only 22% of startups going public in 1980 were unprofitable, 82% were unprofitable in 2018. The same high percentages of unprofitability have only been achieved twice before, in 1998 and 1999 right before the dotcom bubble burst. Furthermore, startups that have recently done high profile IPOs such as Snap, Dropbox, Blue Apron, Fitbit, Trivago, Box, and Cloudera are still not profitable.
Using the percent of top managers in IPOs (initial public offering) as a proxy for an industry’s/technology’s scientific intensity, this paper shows that the percentage of IPOs and of venture capital financing for science-based technologies has been declining for decades. Second, the percentage of PhDs among the top managers in science intensive industries is also declining, suggesting that their scientific intensities are falling. Third, the age of these top managers rose during the same period suggesting that the importance of experiential knowledge has increased even as the importance of PhDs and thus educational knowledge has decreased. Fourth, the numbers of IPOs and of venture capital funding are not increasing for newer science-based industries such as superconductors, solar cells, nanotechnology, and GMOs. Fifth, there are extreme diseconomies of scale in the universities that produce the PhD-holding top managers, suggesting that universities are far less effective at doing research than are companies. These results provide a new understanding of science and technology, and they offer new prescriptions for reversing slowing productivity growth.
This paper addresses the types of knowledge that are needed in entrepreneurial firms using a unique data base of executives and directors for all IPOs filed between 1990 and 2010. Using highest educational degrees as a proxy for educational knowledge, it shows that 85% of those with PhDs are concentrated in the life sciences and ICT (information and communication technology) industries and second, that those in the ICT industries are concentrated at lower layers in a “digital stack” of industries, ranging from semiconductors and other electronics at the bottom layer to computing and Internet infrastructure at the middle layer and Internet content, commerce, and services in the top layer. Third, industries with fewer PhDs have more bachelor’s and MBA degrees suggesting that PhDs are being replaced by them and not M.S. degrees. Fourth, age is higher for industries with the most PhDs thus suggesting a greater need for experiential knowledge in industries with greater needs for educational knowledge. Fifth, the number of Nobel Prizes tracks industries with high fractions of PhDs.
beyond patents:scholars of innovation use patenting as an indicator of innova...Jeffrey Funk
This paper discusses the problems with using patents as a measure of innovation and papers as a measure of science. It also uses data to show the problems. for example, the number of patent applications and awards have grown by six times since 1984 while productivity growth has slowed.
These slides discuss how to put context back into learning. Farm and other work at home once provided a context for learning, but this context has become much weaker as work at home as mostly disappeared Students once learned mostly from parents because they worked on farms, fixed things at home, and prepared meals. These activities provided a "context" for school learning, a context that has been mostly lost. These slides discuss how this context can be put back into learning and the implications for the types of people best suited for teaching and the way to train them.
Technology Change, Creative Destruction, and Economic FeasibiltyJeffrey Funk
After showing that the costs of most electronic products are from electronic components, these slides show how the iPhone and iPad became economically feasible through improvements in microprocessors, flash memory, and displays.
These slides show that the demand for most professions is growing steadily in spite of continued improvements in productivity enhancing tools for them. They also show that AI will have a largely incremental effect on the professions, in combination with Moore's Law, cloud computing, and Big Data. They do this accounting, legal, architects, journalists, and engineers.
Solow's Computer Paradox and the Impact of AIJeffrey Funk
These slides show why IT has not delivered large improvements in productivity and why new forms of IT like AI will also not deliver large improvements, except in selected sectors. The main reason is that the improvements in AI are over-hyped and because most sectors do not have large inefficiencies in the organization of people, machinery, and materials.
What does innovation today tell us about tomorrow?Jeffrey Funk
This paper was published in Issues in Science and Technology. It distinguished between the Silicon Valley and science-based process of technology change. It shows that more new products and services are emerging from the latter than the former.
Creative destrution, Economic Feasibility, and Creative Destruction: The Case...Jeffrey Funk
This paper shows how new forms of electronic products and services such as smart phones, tablet computers and ride sharing become economically feasible and thus candidates for commercialization and creative destruction as improvements in standard electronic components such as microprocessors, memory, and displays occur. Unlike the predominant viewpoint in which commercialization is reached as advances in science facilitate design changes that enable improvements in performance and cost, most new forms of electronic products and services are not invented in a scientific sense and the cost and performance of them are primarily driven by improvements in standard components. They become candidates for commercialization as the cost and performance of standard components reach the levels necessary for the final products and services to have the required levels of performance and cost. This suggests that when managers, policy makers, engineers, and entrepreneurs consider the choice and timing of commercializing new electronic products and services, they should understand the composition of new technologies, the impact of components on a technology's cost, performance and design, and the rates of improvement in the components.
Moore’s Law is slowing, but more importantly the world is changing from PCs to smart phones and cloud computing where improvements continue to occur. Improvements are still occurring in other types of ICs such as wireless, GPUs, and 3D camera chips because they lag microprocessors and parallel processing is easier on them than on microprocessors. Data centers are also experiencing rapid improvements as changes in architecture are made, particularly for analyzing unstructured data, i.e., Big Data. These slides discuss the implications for new services in areas such as smart phones, software, and Big Data. The last one-third of the slides summarize alternatives to silicon and von Neumann.
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IT and Transportation Systems
1. A/Prof Jeffrey Funk
Division of Engineering and Technology
Management
National University of Singapore
For information on other technologies, see http://www.slideshare.net/Funk98/presentations
2. The Need for Better Transport
Vehicle congestion costs the European Union more than
one percent of gross domestic product (GDP)—or over 100
billion Euros per year
U.S. drivers wasted 4.2 billion hours, 2.8 billion gallons of
fuel and $87.2 billion due to vehicle congestion in 2007
Twenty percent of CO2 emissions are the by product of
transportation
Problems also exist for other modes of transport
Almost one-quarter of U.S. scheduled flights in 2008 were
delayed
Less than half of container vessels arrive in port on schedule
and empty containers are common
Sources: http://www-07.ibm.com/innovation/my/exhibit/documents/pdf/2_The_Case_For_Smarter_Transportation.pdf
Science, 6 June 2014, Vol 344, Issue 6188
3. Helsinki Finland’s Goal
Helsinki wants a private car-free city by 2025
It plans to create point-to point mobility on demand by
2025
Use smart phones to weave together on-demand
Minibuses
driverless cars
Bikes
Conventional buses
Singapore may have similar goals, supported by high cost
of ownership (COE – cost of entitlement)
Kishore Mahbubani, Dean of NUS School of Public Policy
wants roads dedicated to Autonomous Vehicles in order to
reduce private car ownership and space for roads.
4. Can Information Technology Help?
Rapid rates of improvement (>30%) in
Microprocessors, memory storage (DRAM, Flash,
magnetic), Internet bandwidth (wireless, wireline),
smart phones
Lasers, LEDs, MEMS and other sensors
Moderate rates of improvement in (~15%)
power electronics
displays
Slow rates of improvement (<10%) in
hydrogen vehicles
electric vehicle storage densities (and thus range) and
costs
5. Open Source Software is Also Important
Use of Open Source Software
Continues to Increase
One Study Concluded 84% of
software developers had recently
used open source software
http://www.zdnet.com/article/survey-indicates-
four-out-of-five-developers-now-use-open-
source/
Greater use of open source
software can reduce cost of
software for
public transport systems (e.g.,
GPS, smart phone apps)
Dedicated roads to automated
vehicles
Electric vehicle charging systems
6. Session Technology
1 Objectives and overview of course
2 When do new technologies become economically feasible?
3 Two types of improvements: 1) Creating materials that
better exploit physical phenomena; 2) Geometrical scaling
4 Semiconductors, ICs, electronic systems
5 Internet of Things, MEMS and Bio-electronics
6 Chinese New Year
7 Lighting, Lasers, and Displays
8 Roll-to Roll Printing, Human-Computer Interfaces
9 Information Technology and Land Transportation
10 DNA Sequencing and Solar Cells
This is the 9th Session of MT5009
7. Outline
IT and smart phones facilitates new forms of
transportation*
State of transportation
Smart phones and
buses, multiple passenger ride sharing,
trucking, bike sharing, and parking
Roads dedicated to driverless vehicles
Greater use of electric vehicles
Energy/Power Storage Density
Electrification of Vehicles
Density of Charging Stations and Wired vs. Wireless
Charging
Different Cities, Different Futures
Many startups: https://angel.co/ride-sharing-1
8. Cars, Cars, and more Cars
Private cars are primary mode of
transportation in most developed
countries
Particularly in the U.S.
Less so in Japan and Europe
They are parked 95% of the time
When they are driven, they usually
have a single driver and are stuck in
traffic
Unsustainable!
Large energy usage and emissions
Large amounts of space
Isn’t there a better way?
9. Public Transportation and Sustainability
Trains and buses consume less energy than automobiles
20% and 40% energy per passenger-kilometer in London
9% and 28% the energy per passenger-kilometer in Japan
What impacts on these numbers?
Trains and buses also
reduce vehicular traffic and thus vehicle congestion
use less land than do automobiles
Land is very expensive in downtown areas
$2,000 to $5,000 SGD per square foot for condos near
Orchard Road
Probably $20,000 to $50,000 SGD for automobile space on
road
Who pays for road and parking space?
What is definition of opportunity cost?
10. In the U.S. the Governments Pays
Doesn’t Include Gas Taxes, Road Tolls, Land Value, Other User Fees
Source: US PIRG, Frontier Group
http://www.uspirg.org/sites/pirg/files/reports/Who%20Pays%20for%20Roads%20vUS.pdf
12. Why do Dense Cities have Lower Energy Usage?
Shorter distances to travel
More walking and bicycling in dense than in less dense
cities
Vehicle, bus, and train trips are shorter
Better economics of public transportation
Both lead to lower energy usage in transportation
Examples of extremes
Long car commutes in Los Angeles
Short bus or train commutes in Hong Kong
13. 0
20
40
60
80
100
0 50 100 150 200 250 300 350
Asia
Canada
Australia
US
Density (per hectare)
Public Transport Usage (%) is Higher in Dense Cities
(Asia, Canada, Australia, US)
Newman P, Kenworthy J 1989. Cities and automobile dependence : a sourcebook. Aldershot Hants England: Gower Technica
14. 0
5
10
15
20
25
30
0 5 10 15 20 25 30
A More Detailed Look at Canada, Australia, and US
New US Cities
Decentralized
Designed for Cars
Old U.S.
Cities
Australia
Canada
Density (per hectare)
Public
Transport
*Note that density data varies by source
15. Why the Differences?
Public Transportation tends to be more economic when
Population is large, population density is high
Cities are designed around walking (and not cars)
Cities are centralized and commuting is one direction (e.g.,
Tokyo)
Public Transportation is often designed for centralized
one direction commuting during peak hours
Easy to design; just bring people
downtown for work, then back home
Train and bus routes are fixed,
repeat same routes
Routes are repeated with only changes
in frequency of service by time of day
17. Where are Centers?
Multiple centers
quickly emerged in
cities of Arizona,
Texas, California,
Florida and thus no
center of rail system
One Center Multiple Centers
18. Implications
Public transport is best for dense centralized cities
Even though trains, buses running in opposite direction
empty
Thus, trains and buses have smaller advantages than expected
Train and bus energy use per passenger-distance are 9% and 28% of
cars in Tokyo and are 20% and 40% of cars in London respectively
Shorter distances are probably bigger reason for lower energy usage
Spreading peak demand is often big goal
For decentralized low-density cities (LA) with multi-
direction travel, increases in public transportation
usage are difficult to achieve
Private cars may always be dominate mode of transport
Increased use of public transportation may require large changes in
residential organization or increases in densities
19. Is there Another Way?
Can IT and smart phones enable
services that are cheaper, faster, and use
less energy than existing services
Better bus services
Multiple passenger ride sharing services
Driverless vehicles
20. Outline
IT and smart phones facilitates new forms of
transportation*
State of transportation
Smart phones and
buses, multiple passenger ride sharing,
trucking, bike sharing, and parking
Roads dedicated to driverless vehicles
Greater use of electric vehicles
Energy/Power Storage Density
Electrification of Vehicles
Density of Charging Stations and Wired vs. Wireless
Charging
Different Cities, Different Futures
Many startups: https://angel.co/ride-sharing-1
21. Riding Buses is a Hassle
Which bus?
Where is the bus stop?
When do the buses arrive?
Where is that guide to buses?
Typical American response: Maybe I should
just take a taxi or buy a car…..
But help is on the way
22. Global Positioning Systems (GPS)
Space segment -
composed of GPS
satellites that transmit
time & position
in the form of radio
signals to the user
Control segment -
composed of all the
ground-based facilities
that are used to
monitor and control
the satellites
User segment - consists of
the users & GPS receivers
25. More Detailed Data on Improvements in Accuracy
(reductions in root mean square for x, y, and z axes)
26. Along with Improvements in other Electronics,
Phones are Becoming Great Navigation Devices
Many Apps are Also Available
27. With GPS on
buses and data
made public,
apps for
buses are also
emerging and
getting better
28. Phones Help Us Know Routes, Bus Stops, and Bus Arrival Times
29. Can These Apps Increase Bus Ridership?
Bus apps can (or will eventually) tell you
Locations of bus stops (and train stations and you)
Arrival times, within a few minutes.
When to start walking to bus stop
Data on riders also helps bus companies do route planning
Some apps summarize transport alternatives and their comparative
times among buses, trains, bikes
Smart phones will become cheap enough for all 7 Billion of the
world’s population, and they will continue to get better
Displays become more sensitive, durable, flexible and conform better to
wrists and other parts of our bodies
See Sessions 4, 6 and 8 for more information on phones, displays and
human-computer interfaces http://www.slideshare.net/Funk98/presentations
Can open source software reduce the capital costs of these systems?
http://www.thirteen.org/metrofocus/2012/03/does-knowing-count-comparing-urban-bus-tracking-systems-and-ridership/
http://www.dailyprogress.com/news/local-buses-to-receive-gps-tracking-upgrades/article_50f648f1-1b68-5ab1-afaa-8221d621840b.html?mode=jqm
30. Can WiFi Increase Ridership?
Providing free Wi-Fi to bus and train riders can
increase users of buses and trains
Cost of Wi-Fi keeps falling so this becomes an
increasingly inexpensive perk for riders
People can enjoy their public transportation
experience more than they can driving their cars
Can choose education or entertainment
No road rage! Uber to Offer Free Wi-Fi in India
http://www.wsj.com/articles/uber-to-offer-india-passengers-free-wi-fi-1440136803
31. Outline
IT and smart phones facilitates new forms of
transportation*
State of transportation
Smart phones and
buses, multiple passenger ride sharing,
trucking, bike sharing, and parking
Roads dedicated to driverless vehicles
Greater use of electric vehicles
Energy/Power Storage Density
Electrification of Vehicles
Density of Charging Stations and Wired vs. Wireless
Charging
Different Cities, Different Futures
Many startups: https://angel.co/ride-sharing-1
32. A New Form of Transportation:
Uber’s Services are just the Start!
Multiple passenger ride sharing
Can provide costs as low as public transport and times as fast as
private cars and taxis
IF many people use same routes at same times
Positioning
Between public transport and private cars/taxis
Shared ride could be on bus, mini-bus, van, or passenger vehicle
We focus on 10-15 passenger van for semantic simplicity
Improvements in IT facilitate ride sharing
Smart phones enable booking
Big data provides better data on routes with many travellers
GPS and fast computers enable vehicles to have very complex routes
33. Let’s Design Services that Match Real Demand
Use big data to understand
People’s actual starting and ending points by time of day
Provide direct van services for high demand routes and times
Full vans can have fewer stops, partly since they are smaller than
traditional buses
Fewer stops reduce travel times, thus increasing user value
High demand routes use more vans or buses (and not bigger buses)
Vans follow multiple routes during day, facilitated by GPS
Real demand determines fixed routes
Vans follow demand as it changes from commuting to meetings and
shopping during middle of day
During non-peak commuting times, vans can also be used for other
transport needs, such as deliveries (see below)
34. Jump to multiple passenger ride sharing services
Slides 13 to 27
36. What are the Entrepreneurial
Opportunities?
New services from private companies
Do everything? Or
Lease vehicles from someone
Lease IT and data from someone
Use contract as opposed to full-time employees
Public transport can
use IT to provide better services
outsource IT or other functions to private companies
Private companies can buy public transport companies
What types of assets become more valuable?
37. Outline
IT and smart phones facilitates new forms of
transportation*
State of transportation
Smart phones and
buses, multiple passenger ride sharing,
trucking, bike sharing, and parking
Roads dedicated to driverless vehicles
Greater use of electric vehicles
Energy/Power Storage Density
Electrification of Vehicles
Density of Charging Stations and Wired vs. Wireless
Charging
Different Cities, Different Futures
Many startups: https://angel.co/ride-sharing-1
38. Trucking
Why do I ask about trucking?
What do you think is happening?
39. Logistics is still very inefficient
Food delivery trucks are transporting goods only 10% of the
time (empty 90% of the time)
Many trucks sit unused at owners HDB parking lot in Singapore
Logistics accounts for >10% of finished product’s cost and
about 15% of world’s GNP
$700 billion in US, 335 billion in Europe
In U.S.
Logistics is very fragmented
While top 5 airlines earn 90% of revenues, top 5 logistic
companies earn 20% of revenues
Many individuals own trucks (owner-operated trucks)
28% of mileage is empty trucks
Source: Science, 6 June 2014, Vol 344, Issue 6188
http://www.economist.com/news/business/21693946-digital-help-hand-fragmented-and-often-inefficient-industry-appy-trucker
40.
41. Possible Solutions
More standardization of containers and communication protocols
for communication (e.g., radio tags)
More third party services that enable sharing of transportation
assets
Trucks, warehouses,
Ships, containers, cranes
New services (in addition to Uber)
Cargomatic and Transfix lets shippers list jobs on app and then
truckers bid for them. Drivers are rated for on-time delivery
Kontainers and Convoy offer services for longer trips, that also involve
ships
Payments are also faster with apps
One study concluded that 16% of third-party logistics will be
enabled through mobile platforms by 2025 http://ww2.frost.com/news/press-
releases/uber-trucking-ushering-new-era-north-american-freight-movement-logistics-market/
Source: Science, 6 June 2014, Vol 344, Issue 6188
http://www.economist.com/news/business/21693946-digital-help-hand-fragmented-and-often-inefficient-industry-appy-trucker
42. Outline
IT and smart phones facilitates new forms of
transportation*
State of transportation
Smart phones and
buses, multiple passenger ride sharing,
trucking, bike sharing, and parking
Roads dedicated to driverless vehicles
Greater use of electric vehicles
Energy/Power Storage Density
Electrification of Vehicles
Density of Charging Stations and Wired vs. Wireless
Charging
Different Cities, Different Futures
Many startups: https://angel.co/ride-sharing-1
44. Popular Countries and Cities for
Bicycles
Mostly Europe and Japan
http://www.copenhagenize.com/2009/07/worlds-
most-bicycle-friendly-cities.html
www.spokefly.com/blog/top-10-countries-bicycles-
per-capita/
49. Figure 4. From chaos to order: the benefits of bike storage
Can we Move from Chaos to Order?
50. How About Bicycle Sharing?
How does it work
Users register for service, borrow bikes using
phones, phones help find bike stations
Advantages
Reduced space for bike storage
Space can be used for
other things
Faster parking and finding
of bicycles
Can facilitate train usage
What is it?
Borrow bikes for short time period
Challenges
Maintenance
Redistribution of
bicycles
Thefts/vandalism
Costs?
Less than one dollar through open source
software and sufficient volumes
http://www.slideshare.net/renartz/sharing-space-time?qid=a5a9db03-bba1-4cc0-b2e2-27c76655899b&v=default&b=&from_search=3
54. Capital (top) and Operating Costs Can be High
http://www.slideshare.net/renartz/sharing-space-time?qid=a5a9db03-bba1-4cc0-b2e2-27c76655899b&v=default&b=&from_search=3
55. But Remember
More users lead to lower capital and operating costs per user
The cost of these systems will fall as
cost of information technology (including phones) falls
and we design better systems, perhaps using open source software
can universities promote open source software?
As smart phones get better, sharing bikes becomes easier
Space for bicycle storage can be sold or leased to finance bike
sharing systems
Bicycle storage is usually in expensive downtown locations
Often next to train stations
This space can be sold or leased to restaurants, cafes, etc. for millions of
dollars each year
58. What are the Entrepreneurial Opportunities?
Private or public companies provide bike sharing
services
Provide services to those providing bike sharing
services
Provide bicycles
Move and maintain bicycles
Provide IT
Find and provide land
Help generate interest in shared bicycles
What types of assets become more valuable?
59. Outline
IT and smart phones facilitates new forms of
transportation*
State of transportation
Smart phones and
buses, multiple passenger ride sharing,
trucking, bike sharing, and parking
Roads dedicated to driverless vehicles
Greater use of electric vehicles
Energy/Power Storage Density
Electrification of Vehicles
Density of Charging Stations and Wired vs. Wireless
Charging
Different Cities, Different Futures
Many startups: https://angel.co/ride-sharing-1
61. Parking Problems Are Everywhere
Some people spend more time looking for parking
spaces than going someplace
In 15-block stretch of NY’s Upper West side, motorists
were estimated to cruise a total of 366,000 miles a year
(further than moon)
45% of traffic on streets in Brooklyn related to searching
for parking, 24% in Soho
Singapore has fewer, but similar problems
I see the queues for parking garages from my taxi
Ineffective parking solutions also lead to greater
energy usage and emissions, and frustration!
The Future of Transportation http://nyti.ms/1e4UaZM
http://www.slideshare.net/ChristianMcCarrick/facilitating-mobility-parking-public-and-alternative-transportation?qid=
68d590a9-c62f-4c24-9b5f-236c36c6dda2&v=default&b=&from_search=4
62. Smart phones Enable New Solutions
Use phones to find available parking garages and
reserve spots
This can also increase utilization of parking facilities
One study found that IT enabled increase from 17% to
38%
Parking apps are emerging but are very controversial
MonkeyParking and Haystack allowed bidding for
spots
The problem is that the app suppliers were selling
something they or their users don’t own
Cities made the services illegal
The Future of Transportation http://nyti.ms/1e4UaZM
http://www.slideshare.net/ChristianMcCarrick/facilitating-mobility-parking-public-and-alternative-transportation?qid=
68d590a9-c62f-4c24-9b5f-236c36c6dda2&v=default&b=&from_search=4
63. Smart Phones Enable New Solutions (2)
In new solution, driver presses app and chooses
destination
When he arrives, an agent takes his car away
Zirx has 300 agents parking the cars
The firm views parking has a first step – washing the
care and changing the oil are the future
Very expensive………..
Better ideas
Cities offer apps, they should be getting the money
Smart parking meters that adjust prices for demand or
that can be reserved (Internet of Things)
Reduce number of parking spaces
Set prices that equal real costs, including opportunity
costs
65. What are the Entrepreneurial Opportunities?
Cities need to offer better parking solutions
But private companies can provide cities with
these better solutions
IT
Apps
What about helping cities plan for parking
How many parking spots are needed?
Better understanding of opportunity costs, by area, by
time
Why are opinions on this matter changing?
What is the value of land?
66. Outline
IT and smart phones facilitates new forms of
transportation*
State of transportation
Smart phones and
buses, multiple passenger ride sharing,
trucking, bike sharing, and parking
Roads dedicated to driverless vehicles
Greater use of electric vehicles
Energy/Power Storage Density
Electrification of Vehicles
Density of Charging Stations and Wired vs. Wireless
Charging
Different Cities, Different Futures
Many startups: https://angel.co/ride-sharing-1
67. Roads Dedicated to AVs
Improvements in IT are making this economically feasible
While not as environmentally friendly as bicycles, buses, and
trains, dedicating roads to AVs can
reduce inter-vehicle distances on roads
reduce delays at traffic signals (even eliminate them)
and thus increase capacity of roads and reduce congestion
lower congestion will increase fuel efficiency (figure 7) and
reduce carbon emissions
In the long term, AVs can
reduce car ownership and
thus necessary space for roads and parking
cities can use reduced space to close parking garages and block
vehicles from some streets, thus resulting in higher quality city
environments.
70. Roads dedicated to AVs can have higher speeds and
thus higher Fuel Efficiencies
Can we move these
cars at 30MPH or faster?
71. Cost of Autonomous Vehicles (Google Car) Falls as Improvements
in Lasers and Other “Components” Occur
Source: Wired Magazine, http://www.wired.com/magazine/2012/01/ff_autonomouscars/3/
72. Better Lasers, Camera chips, MEMS, ICs, GPS Are Making these
Vehicles Economically Feasible 1 Radar: triggers alert when something
is in blind spot
2 Lane-keeping: Cameras recognize lane
markings by spotting contrast between road
surface and boundary lines
3 LIDAR: Light Detection and Ranging
system depends on 64 lasers, spinning at
upwards of 900 rpm, to generate a 360-
degree view
4 Infrared Camera: camera detects
objects
5 Stereo Vision: two cameras build a
real-time 3-D image of the road ahead
6 GPS/Inertial Measurement: tells us
location on map
7 Wheel Encoder: wheel-mounted
sensors measure wheel velocity
ICs interpret and act on this data
74. When Will AVs Become Economically Feasible?
Three years ago, the cost of “Google Car” was $150,000
most for electronic components
about $70,000 for LIDAR from Velodyne
Current rates of improvement are 30%-40%
If costs drop 25% a year, cost of electronics will drop by 90%
in ten years
May be evolutionary move towards AVs as Sensors are
incorporated into existing vehicles http://www.ti.com/ww/en/analog/car-of-
the-future/?DCMP=gma-tra-carofthefuture-en&HQS=carofthefuture-bs-en
But many of these costs have dropped faster than this
calculation
Velodyne offers LIDAR for $8,000
http://www.theguardian.com/technology/2013/jun/02/autonomous-cars-expensive-google-
http://www.wsj.com/articles/continental-buys-sensor-technology-for-self-driving-cars-1457042039
75. When Will AVs Become Economically Feasible?
Others believe the cost of LIDAR can be further reduced
Tesla Motor CEO Elon Musk claims 8-camera system is
sufficient
Can see all around the car
What about dedicating roads or lanes in roads to AVs?
Would this reduce the technical requirements of the cars and
thus make them cheaper?
Cars could rely more on wireless communication, magnetic
stripes and other inexpensive sensors than on LIDAR
AVs could move very quickly thus reducing travel time, no
more traffic jams!
http://www.wsj.com/articles/continental-buys-sensor-technology-for-self-driving-cars-1457042039
76. By the Way
Automation is proceeding faster with
industrial vehicles
Trucks
Mining vehicles
Forklifts
Automation
Automatic shifting, braking when
approaching vehicle
Sound alerts when moving into another
lane
Show video of blind spots
Anti-collision
Blind-spot alerts
Platooning
http://www.wsj.com/articles/truckers-gain-
an-automated-assist-1438939801
77. Many Advantages for Autonomous Vehicles
and Roads Dedicated to Them
Less congestion and higher fuel efficiencies
More cars per area and thus either higher capacity roads or
fewer roads
Fewer crashes, accidents, deaths, ambulances, and insurance
expenditures
Biggest problems for AVs is drivers
Lighter vehicles might become more common since lower
probability of accidents (higher fuel efficiency)
Less traffic tickets and police officers
Along with public transportation, less ownership of vehicles
and less parking spaces
Sources: http://nextbigfuture.com/2014/05/for-self-driving-car-future-traffic.html#more
See next slide for more details on references
78. Sources from last slide
A highly popular article on Slashdot and Reddit Futurologymakes note that the Google driverless car has not gotten a traffic ticket after driving 700,000
miles. Local government revenue in the USA was $1.73 trillion in 2014. So the traffic tickets make up 0.38% of the local government revenue.
Self driving cars could save $500 billion in the USA from avoided crashes and traffic jams and can boost city productivity by 30% of urban GDP after a
few decades enabling larger and denser cities. So traffic tickets are 1.2% of the $500 billion from avoided crashes and traffic jams in the US. It is even
less worldwide with more crashes and traffic jam costs. It is 0.15% of the 30% of urban GDP. In 2010, there were an estimated 5,419,000 crashes, killing
32,885 and injuring 2,239,000 in the United States. According to the National Highway Traffic Safety Administration (NHTSA), 33,561 people died in
motor vehicle crashes in 2012, up 3.3 percent from 32,479 in 2011. In 2012, an estimated 2,362,000 people were injured in motor vehicle crashes, up
6.5 percent from 2,217,000 in 2011. In 2012, the average auto liability claim for property damage was $3,073; the average auto liability claim for bodily
injury was $14,653. In 2012, the average collision claim was $2,950; the average comprehensive claim was $1,585. The Centers for Disease Control and
Prevention says in 2010 that the cost of medical care and productivity losses associated with motor vehicle crash injuries was over $99 billion, or nearly
$500, for each licensed driver in the United States. All car crash costs in the USA are estimated at $400 billion per year. In 2013, worldwide the total
number of road traffic deaths remains unacceptably high at 1.24 million per year
Traffic Congestion $100 billion cost in the USA
In the USA, using standard measures, waste associated with traffic congestion summed to $101 billion of delay and fuel cost. The cost to the average
commuter was $713 in 2010 compared to an inflation-adjusted $301 in 1982 Sixty million Americans suffered more than 30 hours of delay in 2010 1.9
billion gallons of fuel were wasted because of traffic congestion Traffic congestion caused aggregate delays of 4.8 billion hours. Transport 2012.org puts
a 200 billion Euro price tag on congestion in Europe (approximately 2% of GDP). Central America also has its traffic woes. Let’s not forget other
countries. On the weekend, Panama found that the price of congestion for business and the community was somewhere between $500 million-$2
billion annually. According to the Asian Development Bank, road congestion costs economies 2%–5% of gross domestic product every year due to lost
time and higher transport costs.
More traffic density and Larger, More Productive City populations can boost GDP by 30%
Google told the world it has developed computer driving tech that is basically within reach of doubling (or more) the capacity of a road lane to pass cars.
Pundits don’t seem to realize just how big a deal this is – it could let cities be roughly twice as big, all else equal. Seminal work by Ciccone and Hall
(1996) assessed the impacts of density on productivity in the US, and found that doubling employment density, and keeping all other factors constant,
increased average labor productivity by around 6%. Subsequent work by Ciccone (1999) found that in Europe, all other things being equal, doubling
employment density increased productivity by 5%. A third paper (Harris and Ioannides, 2000) applies the logic directly to metropolitan areas and also
finds a 6% increase in productivity with a doubling of density. More recent work by Dan Graham (2005b, 2006) examines the relationship between
increased effective density (which takes into account time travelled between business units) and increased productivity across different industries.
Graham finds that across the whole economy, the urbanisation elasticity (that is, the response of productivity to changes in density) is 0.125. This
means that a 10% increase in effective density, holding all other factors constant, is associated with a 1.25% increase in productivity for firms in that
area. Doubling the density of an area would result in a 12.5% increase in productivity. Economist Robin Hanson noted that doubling the population of
any city requires only about an 85% increase in infrastructure, whether that be total road surface, length of electrical cables, water pipes or number of
petrol stations. This systematic 15% savings happens because, in general, creating and operating the same infrastructure at higher densities is more
efficient, more economically viable, and often leads to higher-quality services and solutions that are impossible in smaller places. Interestingly, there
are similar savings in carbon footprints — most large, developed cities are ‘greener’ than their national average in terms of per capita carbon emission.
Road capacity could be boosted by 4 times using robotic cars. This could be another 30% boost to productivity.
http://nextbigfuture.com/2014/05/for-self-driving-car-future-traffic.html#more
79. Real Benefits of AVs Come When Roads are
Dedicated to Them
Vehicles are Controlled by Wireless
Communication Technologies on Dedicated Roads
Cars are checked for autonomous capability when
they enter a dedicated road
Route plans are checked and integrated with other
route plans
Improvements in computer processing power
facilitate checking and integrating
Much of these calculations would be done in
secure cloud
80. Roads Dedicated to AVs also Simplifies Solutions
Magnets and RFID tags can
be embedded in highways to
help control vehicles
They create an invisible
railway
Estimated cost in Singapore
<200M SGD for magnets
<110M SGD for RFID
Very cheap, less than 2SGD
per vehicle
81. Wireless Communication May Become Main
Method of Controlling AVs
Vehicles are Controlled by Wireless Communication
Technologies on Dedicated Roads
Cars are checked for autonomous capability when
they enter a dedicated road
Route plans are checked and integrated with other
route plans
Improvements in computer processing power
facilitate checking and integrating
Much of these calculations would be done in secure
cloud
83. Latency is Still Falling
Expected to fall below 0.1 milliseconds with wireless
5G services that will be implemented by early 2020s
Jones R 2015. Telecom’s Next Goal: Defining 5G, Wall Street Journal, March 9.
http://www.wsj.com/articles/telecom-industry-bets-on-5g-1425895320
Could AVs become the main market for cellular 5G
services?
Along with IoT
Processing is done in cloud and the cost of these
cloud services continues to fall
Falling latency requires better IT, but this keeps
occurring through Moore’s Law
84. High Processing Capability is Needed to Control Vehicles
Improvements in Integrated Circuits and Computers Enable this Processing Power
Processing power for 100 km road by vehicle inflow and reaction times
(Several thousands PCs)
85. Many of the Computer Calculations (price per car)
Would be Done in the Cloud
86. Moore’s Law Drives Reductions in Cloud
Computing Services (price per car)
87. Less Ownership of Private Vehicles?
Autonomous vehicles make autonomous taxis feasible
Just reserve a taxi with your smart phone
Combined with other changes, private ownership of
cars will probably continue to drop
Increased use of public transportation
New services such as those from Uber (easy to rent taxis)
and Zipcar (rent cars)
Uber’s service may also revolutionize delivery; rent a
delivery service with your smart phone
88. Key Issue for Cities
Do they reduce the amount of road and parking space?
Or do they keep the same space, and thus allow many
more vehicles on the road?
How does this choice impact on sustainability and
quality of life?
Do people ride vehicles more?
Do they ride them further distances
The U.S. federal government wants to subsidize AVs
because they are safer than regular vehicles
http://www.wsj.com/articles/obama-administration-proposes-spending-4-billion-on-driverless-car-
guidelines-1452798787
89. Average miles driven per capita is
falling
Fewer car licenses for young people
City residents don’t own cars
http://www.theatlantic.com/business/archive/2014/01/why-do-the-smartest-cities-have-the-smallest-share-of-cars/283234//
http://www.theatlantic.com/business/archive/2013/09/the-dubious-
future-of-the-american-car-business-in-14-charts/279422/
56%
The End of Car in U.S.?
http://www.advisorperspectives.com/
dshort/updates/DOT-Miles-Traveled.php
90. Outline
IT and smart phones facilitates new forms of
transportation
State of transportation
Route planning, scheduling, and tickets
smart phones and parking
smart phones and buses
smart phones and bike sharing
Roads dedicated to autonomous vehicles
Greater use of electric vehicles
Energy/Power Storage Density
Electrification of Vehicles
Density of Charging Stations and Wired vs. Wireless Charging
Different Cities, Different Futures
91. Many Ways to Do Electric Vehicles
1) Electric vehicle with same range and acceleration as
gasoline engines
Electric motors have similar power densities as engines
But low energy and power storage densities of batteries
(and capacitors and flywheels) make this difficult to achieve
2) Use both gasoline and electric storage, i.e., hybrid
Very expensive to include both
Most users choose vehicles based on price
3) All electric but with low capacity electric storage
and high density of (rapid) charging stations
Can we recharge more frequently?
With rapid charging and/or high density of charging
stations?
With wireless or wired charging?
92. Source: (Koh and Magee, 2008)
Electric Motors Have Similar Power Density as Engines
93. Major Bottleneck is Low Energy Storage Density of Batteries
30 times lower for
batteries
Why is this
important?
When will
batteries have
similar levels of
energy density
as gasoline?
1 megajoule = 0.28 kwH
MegaJoulesPerLiter
MegaJoules Per Kg
94. High Energy Densities
Are obviously important for vehicles
The vehicle must carry the fuel/battery
Vicious cycle: heavier fuel/battery means more
fuel/battery is needed
Energy/Power densities are important for all
energy technologies
Higher energy/power density of engines leads to better
fuel efficiency and performance for automobiles,
aircraft, ships
Even for stationary engines, higher energy/power
densities often lead to lower costs per output since costs
are often related to size
95. Storage type Specific energy (MJ/kg)
Indeterminate matter and antimatter 89,876,000,000 *
Deuterium-tritium fusion 576,000,000
Uranium-235 used in nuclear weapons 88,250,000
Natural uranium (99.3% U-238, 0.7% U-235) in fast breeder reactor 86,000,000
Reactor-grade uranium (3.5% U-235) in light water reactor 3,456,000
30% Pu-238 α-decay 2,200,000
Hf-178m2 isomer 1,326,000
Natural uranium (0.7% U235) in light water reactor 443,000
30% Ta-180m isomer 41,340
Even Higher Energy Densities Exist
Source: http://en.wikipedia.org/wiki/Energy_density
*about 4740 kg of antimatter could have supplied humans with all their energy needs in 2008. for more information
on anti-matter, see Michio Kaku, Physics of the Impossible, New York: Doubleday, 2008
96. Another way to look at energy density:
This is from the perspective of land
Source: Vaclav Smil
97. Source: Koh and Magee, 2008
Returning to Energy Storage Density for Batteries
(Improvements per weight)
1 megajoule = 0.28 kwH
Batteries
98. Improvements in Energy Storage Density (per volume)
Source: Koh and Magee, 2008
Batteries
99. Source: Koh and Magee, 2005
Improvements in Energy Storage (per cost)
Batteries
2012
Electric
Vehicle
100. Sources: Tarascon, J. 2009. Batteries for Transportation Now and In the Future, presented at Energy 2050, Stockholm, Sweden, October
19-20. http://electronicdesign.com/power/here-comes-electric-propulsion http://www.greencarcongress.com/2009/12/panasonic-20091225.html
More Recent Data on Li-Ion Batteries (5% per year)
102. Batteries have Large Impact on Vehicle Costs
Ford Motor Co. CEO Alan Mulally said in April 2012
Battery weighs 600-700 pounds and provides 23 kilowatt hours
(120 km?)
Battery costs 12-15,000 USD
In other words, the batteries represent a significant fraction
of total price ($12,000 to $15,000 for car that normally sells for
about $22,000).
total price about $39,200 for Ford’s Focus EV
Electric and hybrid vehicle suppliers depend on subsidies
See below
There’s only 3 suppliers of batteries for vehicles, small
number for such an important technology……………
http://online.wsj.com/articles/SB10001424052702304432704577350052534072994
http://www.wsj.com/articles/tesla-is-a-compliance-company-1438987210
http://www.wsj.com/articles/auto-industrys-ranks-of-electric-car-battery-suppliers-narrow-1440021009?mod=LS1
103. Howell D 2014. Overview of the DOE Advances Battery R&D Program.
http://theenergycollective.com/onclimatechangepolicy/347491/making-low-carbon-future-better-well-cheaper
Gasoline has 70 times
higher energy density
than do electric vehicle
batteries
Faster rate of improve
ment for EV batteries
19% per year for
energy density
25% per year for costs
But it will take 25 years
for batteries to equal
gasoline in energy
density, if trend continues
Gasoline has 44.4 MJ Per kg and 32.5
MJ per Liter. Since 1 MJ equals
0.28 kWh, gasoline has 12.4 kWh per
kg and 9.1 kWh per liter. 70 times
more
Good News: Vehicle Batteries Might be Experiencing
Faster Rates of Improvement than Laptop/Phone Batteries
105. Batteries will Likely be Bottleneck for Decades
How can we solve this problem?
Flywheels and capacitors have faster rates of
improvement
Capacitors are fastest but much lower levels than the others
Flywheels have similar levels as batteries and faster rates of
improvement
Both are used in Formula 1 vehicles
How can we reduce need for high energy storage
densities?
Hybrids is current option, but they will always be more
expensive than conventional vehicles
Can we recharge more frequently? With rapid charging
and/or high density of charging stations?
Should we use wired or wireless charging?
106. What About Tesla?
$30 Billion Market Capitalization, but no profits
Popular CEO, Elon Musk
Making big investments in electric vehicles and Li-ion
batteries
Sells at a loss, in spite of heavy subsidies from governments
$7500 from US government
Up to $6000 in some states
Resalable ZEV (zero emission vehicle) credits in some states (up
to $35,000 per car)
When averaged over Tesla’s vehicles, $20,000 per car
Will Tesla succeed?
Interestingly, its supplier of batteries has a $2.4 billion market
capitalization
http://nyti.ms/1JCo1jT http://www.wsj.com/articles/tesla-secures-lithium-hydroxide-supply-for-its-battery-factory-1440767689
http://www.wsj.com/articles/voters-should-be-mad-at-electric-cars-1457737805
107. Outline
IT and smart phones facilitates new forms of
transportation
State of transportation
Route planning, scheduling, and tickets
smart phones and parking
smart phones and buses
smart phones and bike sharing
Roads dedicated to autonomous vehicles
Greater use of electric vehicles
Energy/Power Storage Density
Electrification of Vehicles
Density of Charging Stations and Wired vs. Wireless Charging
Different Cities, Different Futures
108. Electrification of Vehicles (1)
It’s not just the addition of an energy storage devices;
electrical controls are replacing mechanical controls
water and oil pumps, radiator cooling fans
steering systems, brakes, throttles, shock absorbers
The next great step, which has already occurred in
locomotives, large trucks, and aircraft
Electric drive trains will replace the gearbox, driveshaft,
differential
They have higher power densities and are more reliable
than drives that rely on shafts, gears, belts, and hydraulic
fluids
This enables significant reduction in weight of car and
thus amount of energy storage density in batteries
109. More general source: Peter Huber, Mark Mills, 2006, The Bottomless Well:
The Twilight of Fuel, the Virtue of Waste, and Why We Will Never Run Out of Energy
112. Electrification of Vehicles (2)
Part of the trend towards electrical controls are being
driven by improvements in semiconductors
Electrical controls use semiconductors
Power semiconductors experience improvements each year
as do integrated circuits (ICs)
Improvements occur in dimension of more power per area
(through new materials) and thus lower costs
but not to the extent of microprocessors and memory
Several types of power electronics/semiconductors
Greater power requires more expensive power electronics
Faster rates of improvement with lower power
Sources: http://www.manhattan-institute.org/html/eper_07.htm and The Bottomless Well: The Twilight of Fuel, the
Virtue of Waste, and Why We Will Never Run Out of Energy, Peter Huber and Mark P. Mills
117. Timing for Electrification of Vehicles
It is going to happen very soon
Much faster than doubling of energy storage densities
Electrification will reduce weight of vehicle and
thus necessary size of energy storage device
It will have a larger percentage impact on small
than large cars
It can be another facilitator of electric vehicles
Let’s return to electric vehicles
Where improvements in power electronics are also
improving the economic feasibility of charging
equipment for electric vehicles
118. Outline
IT and smart phones facilitates new forms of
transportation
State of transportation
Route planning, scheduling, and tickets
smart phones and parking
smart phones and buses
smart phones and bike sharing
Roads dedicated to autonomous vehicles
Greater use of electric vehicles
Energy/Power Storage Density
Electrification of Vehicles
Density of Charging Stations and Wired vs. Wireless Charging
Different Cities, Different Futures
119. Many Ways to Do Electric Vehicles
1) Electric vehicle with same range and acceleration as
gasoline engines
Electric motors have similar power densities as engines
Low energy and power storage densities of batteries (and
capacitors and flywheels) make this difficult to achieve
2) Use both gasoline and electric storage, i.e., hybrid
Very expensive to include both
Most users choose vehicles based on price
3) All electric but with low capacity electric storage and
high density of (rapid) charging stations
Can we recharge more frequently?
With rapid charging and/or high density of charging stations?
With wired or wireless charging?
120. High Density of (Rapid) Charging Stations
Greater density of charging stations enables greater
frequency of battery charging and thus less battery
capacity
Fast charging can also reduce the need for battery
capacity (and need for high density of charging stations)
Both cost and speed of charging stations depend on
power electronics and their rates of improvement
Other improvements in IT also facilitate public charging
GPS enables cars to more easily find and reserve a charger
Smart payment systems and smart grids facilitate decentralized
sale of electricity and charging
121. Many Inefficiencies in Charging:
25.4 kWh at wall plug is reduced to 21.4 (84% efficiency)
122. Cost of charging station?
Rate of charging?
How much more expensive for fast
charging?
Is wireless cheaper or faster?
Can Put Charging Stations Anywhere
123. Cost of Charging Stations
http://www.driveclean.ca.gov/pev/Charging.php
$500-$3000
$12000-
$15000
124. Will the Cost of Charging Stations Fall?
Depends on the cost of power electronics and microprocessors
Microprocessor
Control Unit
125. Cost of Charging Stations will Fall Rapidly
Cost of power electronics (MOSFETs) fall 16% each year
Highest power also rises and thus rates of charging also
rise over time
Result is both
falling costs
higher rates of charging
For example, if price of 15,000 USD charger falls 10% per
year
In 10 years the cost will be 5770 USD
If 1,000,000 chargers (139,000 chargers/km2 or 0.139 chargers
/m2) are need in Singapore to effectively use 100,000 electric
vehicles, 5.77 Billion USD in chargers
126. Wireless vs. Wired Charging
Advantages of Wireless (mostly resonant induction)
Protected connections (away from water/oxygen)
Durability (less wear and tear); Faster connections
Disadvantages
Lower efficiency/slower charging particularly as distance becomes
larger than coil diameter
More expensive, and multiple standards
Improvements in electronics are reducing the disadvantages
127. Eight Innovations for Successful Wireless Charging
Inductive, bidirectional charging system
with 22 kilowatts and 95 percent efficiency
Position car precisely over inductive charging
station using laser scanner
Charging components integrated in
underground shaft
Cloud-based charging management
On-board unit ensures seamless
communication between fleet of shard
vehicles
Users register, personalize profiles, book a
car or charging station with phone
Cloud collects mobility-relevant data over
internet connection
Cars location known via Wi-Fi positioning
system, GPS, inertial sensors
http://www.iao.fraunhofer.de/lang-en/business-areas/mobility-and-urban-systems-engineering/1111-e-car-sharing-comes-of-age.html
129. Big Differences between Wired and Wireless
is Thin Film Coils
Cables are replaced by thin film coils in both
Charging stations
Vehicles
Thin film is the basis for all electronics
Semiconductors, lasers, photo-sensors, magnetic storage
Liquid crystal displays. organic displays, many solar cells
And many other technologies that experience rapid
improvements
Cost improvements occur as
New materials are used
Substrate size is increased (already done with semiconductor
wafers and liquid crystal displays)
New processes such as roll-to roll printing
130. If Thin Film Coils Become Cheap,
charging can be done while driving
Old Style Tram with Rails New Style Car with coils
and Overhead Lines embedded in road
Singapore has built a test track
131. Continuous Charging
Dramatically reduces size of battery
Increases efficiency of charging since the motor is
directly charged by the coils, bypassing the battery
But construction costs will rise………
132. How High are Construction Costs?
For Wireless and Wired Charging?
Can we find ways to reduce these costs?
Electricity cables are everywhere underground,
particularly in Singapore and other dense cities
How can we connect chargers to the cables?
Place charging stations in sewers, on backs of manhole
covers, or other places?
Only place them inside roads when road and other
construction is being implemented?
Road construction is always being done for some
reason…..
In the end, all of these new technologies require
innovative methods of implementing them
133. Outline
IT and smart phones facilitates new forms of
transportation
State of transportation
Route planning, scheduling, and tickets
smart phones and parking
smart phones and buses
smart phones and bike sharing
Roads dedicated to autonomous vehicles
Greater use of electric vehicles
Energy/Power Storage Density
Electrification of Vehicles
Density of Charging Stations and Wired vs. Wireless Charging
Different Cities, Different Futures
134. Different Cities, Different Futures
Some cities will always have more public transport
than others
Some cities will have trouble increasing their usage
of public transport
Some reasons include differences in:
Population density
Early investments in public vs. private transport
Spatial distribution of work and residences
Direction of commutes
135. But some things can be said for all cities (1)
Most cities will (and should) experience increases in
public transportation or multiple passenger ride
sharing because of
increases in population densities
improvements in information technologies
Public transportation and multiple passenger ride
sharing are the most viable means of handling
large numbers of travellers
Information technology will make it easier for
people to use buses, trains, and bicycles
This will reduce energy usage and carbon emissions
136. But some things can be said for all cities (2)
Most cities will (and should) experience increases in
automated vehicles because they
have many advantages over conventional vehicles
These advantages are particularly large when roads
are dedicated to them
More cars per area of road and higher fuel efficiencies
Cities can use automated vehicles and public
transportation to reduce
need for private vehicles
amount of space for roads and parking
137. But some things can be said for all cities (3)
Falling cost of power and other electronics means that
cost of charging stations will also fall
Improvements in materials will also enable faster
charging
Both will enable electric vehicles with smaller batteries
and thus lighter and cheaper electric vehicles
Wireless charging may end up being the most
convenient due to lower maintenance and easier
connections
138. Conclusions
Information technology
is improving the economics of public transportation
is making new forms of transport possible
All of these methods require effective implementation
plans and incentives
Public and private firms should be considering rates of
improvement in information technology and other
technologies when they think of the future for
transportation
In the end, sustainability is all about designing systems
that use less resources and provide overall benefits to
their users
Rapidly improving technologies can help do this
139. Implementation Requires Better
Partnerships
Between local governments, high tech suppliers, local
businesses, and local universities
Local universities can help cities do planning and
evaluation
They can also help develop open source software for
Bus GPS, shared bikes, roads dedicated to AVs, and
electric vehicle charging systems
Privatization also has important role
Privatize GPS services for buses, charging stations, roads
dedicated to AVs
140. Session 9 Topics for Write-ups
Identify all the entrepreneurial opportunities
for one of the following technologies
Dedicated roads for autonomous vehicles
in Singapore
Electric vehicles in Singapore
141. What are Entrepreneurial Opportunities?
They are not applications!!
They are products and services that offer potential
revenues to their providers
Not the same as applications!
Not just final product or service, but any component,
software, service, or manufacturing equipment that is
needed to commercialize the technology
Think about vertical disintegration
Applications should be analyzed in terms of the products
and services that are needed to satisfy the applications
Different applications may require different types of products
and services
The more specific you can be, the better your grade
143. emissions.
Figure 3: Vehicle Fuel Efficiency Standards for Various Countries
Source: ICCT
http://www.greentechmedia.com/articles/read/the-future-of-the-electric-car
144. 1 month ago by Mark Kane 59Comments
Lithium-ion battery costs (source: RTCC – Responding to Climate Change)
http://insideevs.com/declining-battery-prices-boost-electric-car-market/
150. Big Data is Also Useful
Analyze user trip data to better understand actual trips
Where do their trips start and stop?
Use this data to do better
route planning of buses and trains and location of stations
integration of bus and subway routes
guide private vehicle trips
Traffic was reduced by 25% in Stockholm through better data
IBM helped users better understand traffic patterns
Data is now available from driving apps such as Automatic” from
Automatic Labs
Reduce breakdowns through better sensing and pattern analysis
Seoul claims that it improved its system through better IT and Big
Data http://www.slideshare.net/simrc/seoul-public-transportation?qid=68d590a9-c62f-4c24-9b5f-
236c36c6dda2&v=default&b=&from_search=10
Singapore is also doing Big Data with public transportation
https://www.techinasia.com/ibm-create-smarter-singapore-starting-transport-system/
151. Smart Traffic Lights
More sophisticated algorithms can be used to guide
traffic lights
Time of day
Changes when there is an accident
But challenges
Traffic hacking is currently very easy
Friendly hackers have demonstrated problems but most
suppliers choose to ignore problem
Malicious hackers can shut down cities
Many US lawmakers don’t want to force private
companies to do anything different