In this week's Abundance Insider: An AI epidemiologist’s coronavirus foresight, new VTOL technology, and Starlink’s latest satellite launch.
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Why it’s important: While still in its nascent stages, the market for VTOL, urban air mobility and flying taxi fleets is heating up. Just last month, even the FAA’s Head of Unmanned Aircraft Systems (UAS) integration, Jay Merkle, stated that six aircraft aimed at urban air mobility applications are “well along” in their pursuit of type certification with the FAA. As VTOL hardware becomes increasingly advanced, how might a future of flying vehicles impact our cityscapes, urban sprawl, real estate prices, or even time abundance?
Why it’s important: Extraordinary proof of abundance, Gorlitsky’s achievement showcases the powerful combination of human resilience and enabling technologies. As both wearable exoskeleton robotics and brain-machine interfaces continue to advance, we will increasingly witness remarkable use cases in rehabilitation and enhanced mobility.
Why it’s important: In ten years, we may no longer need traditional WiFi. Companies, universities, and municipalities will be able to create their own 5G cellular networks that support billions of IoT devices and connected sensors across their respective regions. Today, cellular networks cost more due to subscription fees and radio installations. Yet SpaceX Starlink satellites are slated to drive down these prices with affordable 5G connectivity. New spectrum auctions are already in the works, such as the Citizens Broadband Radio Services (CBRS) auctions planned for June in the U.S. The next step: developing roaming plans to allow devices to seamlessly connect to these local networks. Even if WiFi isn’t completely phased out, the costs of low-data-rate cellular contracts will undoubtedly decline in the coming years thanks to large-scale satellite projects like Starlink.
Why it’s important: The hydrogen production industry is growing at an accelerated rate. Just last year saw a 40 percent increase in shipments, raising total energy production to 1.1GW. Particularly given lithium-ion battery limitations, alternatives in the storage realm will grow increasingly vital for our renewable energy future. In the words of Lancaster University Professor David Antonelli, who developed a technique for cheaper hydrogen fuel tanks last year, “The cost of manufacturing our material is so low, and the energy density it can store is so much higher than a lithium-ion battery, that we could see hydrogen fuel cell systems that cost five times less than lithium-ion batteries, [...] providing a much longer range — potentially enabling journeys up to around four or five times longer between fill-ups.” The ability to produce hydrogen cheaply from solar energy could change the face of energy production, driving a commercial abundance of hydrogen cells.
Why it’s important: Bill Gates has expressed his belief that pandemics are one of the largest threats to humankind, and he is not alone. More than 12,000 coronavirus cases have been confirmed in China, doubling since Wednesday. Over 259 people have died, and scientists are racing to develop a vaccine as the disease spreads to sixteen nations. If BlueDot’s alert had motivated travel restrictions sooner, these numbers may have been far more controlled. With machine learning and natural language processing, data can be organized and acted upon with the urgency that infectious diseases require. Algorithms like BlueDot and similar data-driven decision engines will be essential for preserving global population health as networks proliferate.
Why it’s important: As stated by Skyfire CEO Matt Sloane, “Distances like that [of Doosan’s octocopter] are simply not possible on battery technology. We’re thrilled [...] to address a very complex problem of transporting information and items long distances both quickly and efficiently, especially during emergencies and weather issues.” The convergence of advanced drone hardware and hydrogen technology is resulting in impressive new use cases for drones capable of long flight times and extended inspection projects. One significant benefit involves these drones’ usage in emergency response. Just last year, Doosan delivered medical supplies in the U.S. Virgin Islands for over 43 miles by drone. The company’s current pipeline project will function as a simulation for real crises, allowing the group to develop effective alerting and reporting protocols for usage by pipeline companies and public safety agencies.