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March 2018

Ridesharing Services - George Town Post

How Ridesharing is Changing the Future of Car Ownership

Life Style/Technology

Transportation will soon be totally different than now. Transporter technology reality brings us many new opportunities in the mobility. For a couple of years, it will be cheaper and more convenient to share cars and rides than to have your own car.

Take a look at how ridesharing is changing the future of car ownership.

Transporter technology reality

Although people’s intention to be transported from place to place quickly, affordable, and safely has not changed, new transportation technology provides many new opportunities to complete this task. Soon there will be many new modes of mobility that will be both cheaper and more comfortable than to have your own car. While we will have more options for transport, our air will be cleaner and streets will get new purposes.

By 2030, there will be three major trends in transportation – ridesharing, autonomous vehicles, and vehicle electrification. Around 5 million conventional cars will be replaced by self-driving vehicles, while 95 percent of the US roads will be used by autonomous electric vehicles that will offer ‘transport-as-a-service’ (TaaS) on-demand.

This not only that will change the way of mobility, but will also disrupt the whole industry. While those who will offer TaaS will be at the top of the industry, most automotive companies will have a large decline in sales, as well as companies in oil industries, while customers will have many new opportunities for transport. To prepare on time, companies have already started to invent new ways of operating. Former Google’s Waymo, Mobileye, and Apple plan to build their own self-driving technology that will be incorporated into existing and new cars, while Tesla, for example, develops electric cars with already incorporated autonomous systems.

New mobility trends

According to studies, when autonomous vehicles become legalized for public use, ridesharing will cost you $3,400 per year, while the car ownership will cost you even $9,000 per year. Only that fact will surely convince you to use ridesharing instead of driving your own car. Services similar to today’s Uber Pool or Lyft Line will cost just $1,700 per year, for example. Shared autonomous electric vehicles (SAEVs) will decrease the travel cost from $1.20 per mile to even 50 cents per mile. Who would then buy and maintain cars, buy gasoline and think how to endure traffic jams and find a parking space, when it is much easier and cheaper to sit and drive where you want with no effort?!

There are also other benefits of ridesharing, such as less pollution, fewer traffic jams, no more troubles to find a parking space, etc. Cities will also change, first large cities, then all others. Parking spaces will be used for other purposes. There will be more greenery, while gas stations will be replaced by electric-charging stations.

Our transportation future will be interesting indeed. As the price of new transport services will decrease, demand for them will grow more and more. Although we will have to wait around 10 years, it’s worth it. We will get a lot more mobility options, among which is a ridesharing, which will be both more comfortable and cheaper than driving our cars. Millennials already use mobile devices and apps for almost all purposes, so they will also easily accept these new mobility changes, while others will follow them. There are also smart cities, clean air and other benefits of advanced transporter technology reality. Large automotive companies have already started to develop new transportation solutions that will definitely change our lives a lot. Why we would need cars when ridesharing in autonomous electric cars will be there, isn’t it?!

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Generation Z - Robot Worker - George Town Post

Generation Z: Are We Ready for the New Workforce

Technology

Just as we have used to Millennials, Generation Z is entering the workforce. Are you ready for them? Generation Z is quite different than previous generations. Take a look what you can do to attract them and keep them loyal. Prepare on time!  

Who belong to Generation Z

Generation Z is those born after 1995. They are still in school or just entering the workforce. Their greatest concern is whether they will find a job. Yet, they are still optimistic and believe that the job they find will be their dream job. Although they are ready to start to work, they mostly do not believe that they have acquired sufficient skills and knowledge for real work with their education. They mainly search jobs online but also rely on personal connections.

Generation Z versus Millennials

Gen Zers are quite different from Millennials. While Millennials primarily seek a job with the purpose, Generation Z wants financial security, but also flexibility and mobility. Oppositely to Millennials who primarily seek personal development opportunities, Generation Z seeks job satisfaction. However, they also want different development opportunities through transparent training and mentoring with fast feedback that will ensure them quick development. However, while Millennials have a collaborative mentality, Generation Z is competitive and wants to be evaluated individually. On the other hand, since Generation Z grow up in recession, contrarily to non-loyal Millennials, they want a secure job, which they plan to keep for at least 3-5 years.

How to attract and retain Generation Z

Diversity and complexity of today’s environment have caused many changes in the businesses. One of them is the shift from relatively routine work to less routine and more cognitive work. In line with that, companies seek educated and skilled workers. In addition, new emerging technologies pose new challenges to the workforce. This change, however, mostly has affected the entry-level jobs or Generation Z. Because of automation of business processes, companies need staff for advanced, mostly knowledge-based jobs, where is needed critical thinking, for which Generation Z still is not ready. On the other hand, generation Z grew up with constant connectivity and they are mostly tech-savvy. However, they often lack interpersonal skills, which causes other problems, since social skills are among the most important skills in today’s service-based economy. In line with that, Generation Z needs to develop various skills, while companies need to redefine their HR policies in line with the features of the new workforce.

Since Generation Z prefer mobility and flexibility, you need to provide them rotation or job enriching programs and other opportunities to make their jobs dynamic and efficient. They also want to use new digital solutions and advance rapidly. There is also cooperation within new eco-systems that can provide more interesting and challenging jobs for Generation Z. Also, a job security is their primary goal, so they expect to get different development opportunities. However, ensure fast feedback if you want to motivate them. You also need to create an open and transparent culture and give them various personal benefits, such as paid time off, wellness programs, family leave or similar. Keep in mind that Generation Z expects to get these benefits, while Millennials consider them as a reward.

Evidently, the new workforce, Generation Z, significantly differ from the currently dominant workforce Millennials. Although they are just entering the workforce, you need to prepare on time. You will not have an easy job to attract them and retain them since they have developed entrepreneurial spirit which makes them ready to rather open their own companies than to accept any conditions that you are offering to them. Keep that in mind. If you give them what they want, and that is the security, mobility, and flexibility, you will motivate Generation Z, while you will get a flexible and diversified workforce.

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Metro Cities for High Tech Vhicles - George Town Post

How Autonomous Vehicles Will Redesign Cities

Technology

Fast emerging of new technologies has introduced changes in many spheres of our lives. One of them is transportation. Lately, all speak about autonomous vehicles with reason. Very soon, they will totally redesign our cities. Everything will be different than now, while our mobility will be raised on the much higher level.

Considering that one of the largest issues around the world is increasing population and large traffic jams, it is no wonder that new technologies in transportation have started to emerge. Large automotive companies seek new advanced solutions and compete among themselves who would be the first and best. They have already presented prototypes and started testing of autonomous car models. Yet, it would not be enough to change cars. It is needed to change cities as well. Take a look how our cities will look like in the future.

New city infrastructure for autonomous vehicles

New autonomous cars need new city’s infrastructure. First needs to be changed roads. Signals at intersections will become obsolete with new car-to-car and car-to-city communication. Also, autonomous vehicles will be programmed to travel by speed that will not make traffic jams. They will also be capable of avoiding accidents too, while their electric power will, at the same time, save the air from pollution. In new cities, autonomous vehicles will have their own road lanes too. Initially, they will only get one road lane on the side, and over time, they will take over the main road lanes from other vehicles. Also, since autonomous vehicles will drive slowly to ensure safety, they can stop to let pedestrians or bicyclists to cross the street, instead of long waiting on stoplights as it is now.

More space for people and the new look of cities

As people will drive with autonomous vehicles or will use carsharing and ridesharing services, the number of owner cars will be greatly reduced. Thus, the streets will also be much narrower than now. There will be no need for 4 or 6 road lanes. Unnecessary road lanes will get new purposes, as well as parking spaces. Instead of them, streets will decorate sidewalk restaurants, boutiques, shops and other facilities. There will be bicycles lanes as well. Also, sidewalks will be expanded, and the entrances to the buildings will be embellished with greenery instead of wide entrances to the underground garages. Additionally, since people will drive their cars less, our planet will also be saved from pollution.

There will be more space for new buildings and houses as well. Since autonomous electric vehicles will be charged overnight at their parking spaces, there will be no need for gas stations on the streets. Instead of them, there would be built new buildings or houses, shopping malls or parks, for example. The same applies to the current large open parking spaces. From that change arise new changes related to city planning and further urban development.

Indeed, autonomous vehicles will redesign our cities almost totally. Everything will change. However, there are still many questions to answer. First, are we ready for such change? What would be the first step in conducting such large change? Who will be the first in building smart cities with autonomous vehicles? And so on.

Although autonomous vehicles are rapidly evolving and some models have already been tested, apparently, cities are still not ready to accept this change. Also, these changes are so large that need to be well planned in advance. Yet, changes and technological development are so rapid and radical that there is no time for waiting. We all need to prepare on time. New smart and better cities and autonomous vehicles are just a step from us.

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