Technology has always disrupted established industries. From the time of the railroads, new technologies created new opportunities, but they also destroyed old ways of life. This has always been the yin-yang relationship between technology and progress. While there are always going to be losers with new technologies, most of the time, the number of winners vastly outnumber those who have lost their way of life or their means of livelihood.No one understands this better than Jason Hope. Hope has made a name for himself as one of the most prolific entrepreneurs of the last 20 years. Starting in 1998, he founded his first internet company, Jawa, a mobile streaming content provider. This would be the beginning of a long string of highly successful firms that Hope created from scratch. Building his companies from the ground up, Hope has proven again and again that he is an entrepreneur’s entreprenuer, able to see market trends and deliver strong value through innovation.
Recently, Hope has taken to the internet to discuss the various opportunities and costs that will be associated with the coming technologies broadly termed the Internet of Things. One of the areas in which Hope sees radical transformation likely to be taking place is in the area of logistics. Hope says that the Internet of Things will so thoroughly transform the ways in which modern logistics companies operate that, and just 10 years from today, the industry will be hardly recognizable.One of the areas that Hope sees as having immense potential to severely disrupt the current model of logistics in the United States is the advent of self-driving trucks. Hope says that the single greatest cost of transportation in the country today is that of drivers.
The ability of logistics companies to eliminate their single largest cost center will allow for dramatically cheaper transportation of products within the United States. Hope believes that if the United States is the first to develop a robust network of driverless trucks, the comparative advantage that the country as a whole will experience may rival that of the cheap labor seen in developing nations. In short, Hope believes that if the United States plays its hand right with driverless trucks, it could become a manufacturing powerhouse, replacing many of the jobs that were lost in the 90s and 2000’s’s to third world countries. Learn more about him : http://tech.co/author/jasonhope