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revolution

China’s auto mobility revolution: Going from ‘ownership’ to ‘usership’

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Gao Feng, a business consultancy headquartered in China, has released a new paper about the revolution in auto mobility in China. 

China’s unique set of urban transportation challenges, very high rate of adoption of mobile internet services, and rapid and aggressive introduction of alternative mobility solutions have combined to make China a global breeding ground for mobility innovation.

The deeply-rooted automotive industry business model is experiencing disruption.

Mobility needs previously satisfied through product “ownership” are increasingly being served through mobility services “usership”, with profound implications not only for traditional players within the value chain, but also for non-traditional players – as they enter and compete to deliver services.  [Read more…] about China’s auto mobility revolution: Going from ‘ownership’ to ‘usership’

Effects of artificial intelligence will surpass the industrial revolution, says SoftBank CEO

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The chief executive of telecommunications giant SoftBank says the effects of artificial intelligence will take the world much further and have a more profound effect than even the industrial revolution. 

Masayoshi_Son
An old picture of Masayoshi Son, courtesy of Wikipedia

In an article accompanying a special edition of the CBS news magazine 60 Minutes, SoftBank CEO Masayoshi Son was quoted as saying the new “information revolution” is being partly driven by data collected through billions of sensors.

SoftBank has been buying up a variety of AI and robotics startups, most recently a company called Nauto, which is developing systems for driverless cars.

At the root of the technology, Son says, are microprocessors and microcontrollers. “Those who rule chips will rule the entire world,” he said. “Those who rule data will rule the entire world. That’s what people of the future will say.”

China making ‘30 per cent more industrial robots’

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cctv propaganda

China made 30 per cent more industrial robots in the first nine months of this year compared to the same period last year, according to the Communist government’s propaganda outlet CCTV. 

CCTV quoted a “ministry of industry and information technology official”, who was speaking at the Shanghai Industry Fair last week, when providing the figure.

China is already thought to be the world’s largest market for industrial robots, but it wants to become a maker of the machines as well.  [Read more…] about China making ‘30 per cent more industrial robots’