This Technology Will Upend the Entire Automotive Industry
A stunning breakthrough in engineering is about to upend the automotive industry…
This technology is so revolutionary in fact, that the latest estimates indicate it could prevent up to 90% of all car accidents and produce more than $1.3 trillion in savings for the American consumers.
All of these innovations are made possible by autonomous driving technology powered by an impressive array of sensors, cameras, and powerful Artificial Intelligence systems built into the vehicle.
Now, you might think that self-driving cars won’t be here until far off in the future.
I wouldn’t blame you, either.
But you may, in fact, be surprised to hear that the technology is actually available today, in production, and being used by tens of thousands of people.
Very few understand how quickly this autonomous driving technology is advancing.
The innovation that has taken place in semiconductors, specifically graphics processing units, or GPUs (camera vision, radar, and machine learning), is responsible for enabling what is truly exponential growth in technology development.
I’m sure it will come as quite a surprise to most to see a fully autonomous passenger car on the market in the next year.
Yet that’s just want we expect to happen.
In fact, the U.S. House of Representatives Energy and Commerce Committee already gave its approval for the SELF DRIVE Act.
More: The US Government is on the verge of passing a law that will shock the auto industry. Click here for details..
Given the pace of the progress, it is entirely possible that the bill could get through Congress before the end of the year.
Meaning that by the end of 2017, every single car in America could be required to have this advanced computer on board.
And currently the multi-trillion-dollar automotive industry is rushing to “comply” with the coming changes before regulations go in effect.
We are now at the very beginning of this explosive trend, but the potential is enormous… The autonomous vehicle technology market is forecast to reach $87 billion by 2030.
Fully self-driving cars are on the verge of mass adoption. Not 10 years from now—right now. In 2017.
So get ready… The future is here.
Near Future Report editor Jeff Brown has been working in the tech field for over two decades. He’s always on the lookout for the next world-changing developments.
Last year, Jeff recommended chipmaker Nvidia—the best performing stock of 2016—before it climbed 330%. Today, he’s ready to make another explosive recommendation around autonomous cars (Hit: NOT Tesla or Alphabet.)
You can click below to watch Jeff’s latest presentation on the breakthroughs and opportunities in this industry: