Forbes on Nostr: Perfect Storm: AI, Robots, Chip Shortages. Can Automakers Weather It? ========== The ...
Perfect Storm: AI, Robots, Chip Shortages. Can Automakers Weather It?
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The auto industry is facing a perfect storm of challenges, including inflation, the transition to electric vehicles (EVs), the rise of AI and robotics, chip shortages, and policy shifts on subsidies. Established car manufacturers are experiencing labor disputes and layoffs, while facing competition from Chinese EV companies and new players like Vietnam's VinFast. The cost of making cars is rising, making car ownership unaffordable for many. The transition to EVs is just the beginning, as the manufacturing process itself is undergoing a complete overhaul with the introduction of AI and robotics. However, this automation may come at the expense of human jobs. The ongoing global chip shortage is further hampering the production of EVs and autonomous vehicles. City planners dream of reducing car usage and promoting walking, cycling, and public transportation, but this disrupts traditional revenue streams and clashes with national governments reliant on car sales and manufacturing jobs. Legacy automakers must adapt to technological disruption and find ways to reduce emissions and consumption while ensuring affordable and accessible mobility. Up-skilling the workforce, untangling the supply chain, promoting multimodal mobility, rethinking urban transportation revenue, and embracing a platform approach are key strategies for navigating this perfect storm. The choices made today will shape the future of the auto industry and our society as a whole.
#AutoIndustry #Ai #Robots #ChipShortages #ElectricVehicles #Manufacturing #Automation #SupplyChain #UrbanTransportation #Sustainability
https://www.forbes.com/sites/timothypapandreou/2024/04/16/perfect-storm-ai-robots-chip-shortages-can-automakers-weather-it/
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The auto industry is facing a perfect storm of challenges, including inflation, the transition to electric vehicles (EVs), the rise of AI and robotics, chip shortages, and policy shifts on subsidies. Established car manufacturers are experiencing labor disputes and layoffs, while facing competition from Chinese EV companies and new players like Vietnam's VinFast. The cost of making cars is rising, making car ownership unaffordable for many. The transition to EVs is just the beginning, as the manufacturing process itself is undergoing a complete overhaul with the introduction of AI and robotics. However, this automation may come at the expense of human jobs. The ongoing global chip shortage is further hampering the production of EVs and autonomous vehicles. City planners dream of reducing car usage and promoting walking, cycling, and public transportation, but this disrupts traditional revenue streams and clashes with national governments reliant on car sales and manufacturing jobs. Legacy automakers must adapt to technological disruption and find ways to reduce emissions and consumption while ensuring affordable and accessible mobility. Up-skilling the workforce, untangling the supply chain, promoting multimodal mobility, rethinking urban transportation revenue, and embracing a platform approach are key strategies for navigating this perfect storm. The choices made today will shape the future of the auto industry and our society as a whole.
#AutoIndustry #Ai #Robots #ChipShortages #ElectricVehicles #Manufacturing #Automation #SupplyChain #UrbanTransportation #Sustainability
https://www.forbes.com/sites/timothypapandreou/2024/04/16/perfect-storm-ai-robots-chip-shortages-can-automakers-weather-it/