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Self-driving taxis will cut accidents by 90%

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A recent report has revealed that the widespread adoption of autonomous cars and taxis could lead to a revolutionary transformation of cities.

Widespread urban adoption of self-driving vehicles (SDVs) and “robo-taxis,” or self-driving taxis, could result in a 60% drop in the number of cars on city streets, an 80% or greater decrease in tailpipe emissions, and 90% fewer road accidents, according to a new report by The Boston Consulting Group (BCG) prepared in collaboration with the World Economic Forum.

Self-Driving Vehicles, Robo-Taxis, and the Urban Mobility Revolution, released today, builds on earlier research by BCG and the World Economic Forum, including a survey of more than 5,500 consumers in ten countries—the largest global survey on SDVs to date. The report examines four potential scenarios for SDVs in an urban context and describes the possible impact of each one. While broad consumer adoption of SDVs—to which BCG’s research shows there are few barriers—would by itself lead to significant disruption, the real revolution in urban mobility will come with widespread adoption of robo-taxis.

“There is a compelling case to be made for SDVs in cities,” said Nikolaus Lang, a BCG senior partner and report coauthor. “Ride-shared, electric robo-taxis can substantially transform and improve urban transportation and, by direct extension, livability, by providing more people with easier access to mobility, making streets safer, and freeing up space no longer needed for parking. The major players—industry, consumers, and policymakers—are excited and engaged.”

Some 58% of consumers in cities around the world are open to trying out SDVs. Willingness is highest among younger consumers: 63% of those aged 29 or younger are willing to ride in a fully self-driving car, compared with 46% of consumers aged 51 or older.

Acceptance of SDVs is highest in emerging markets. In India, for example, willingness is 85%, while consumers in Japan and the Netherlands are most reluctant (36% and 41%, respectively). Consumers cite the convenience of parking assistance and an increase in productivity while traveling as the top two reasons for interest in SDVs. When asked who should produce SDVs, almost 50% of respondents look to traditional-car manufacturers. Trust in automakers is highest in France, Germany, and Japan; it is weaker in India, the US, and China, where tech companies have high visibility.

Although few consumers have even seen an SDV, their expectations for how SDVs will differ from traditional cars are quite specific. More than 35% expect SDVs to be hybrid vehicles, and another 29% anticipate that they will be electric.

Many consumers are willing to pay a premium of $5,000 or more for a fully self-driving car. In France, India, and Japan, every second consumer is ready to pay more for an SDV. This willingness to pay extra is driven by an economic logic that balances the incremental cost against potential cost savings in other areas, such as lower parking fees, fuel savings, and even lower housing costs if it becomes more convenient to live farther from the more expensive city core.

The research also involved in-depth interviews with 25 urban policymakers in 12 cities. Some 60% of these policymakers expect that by 2025, at least one city will have banned traditional-car ownership, partly as a result of robo-taxi fleets. Another 24% believe that this will happen by 2030. In terms of operating robo-taxi fleets, policymakers clearly see the private sector in the lead and envision a multiplayer setup rather than a monopolistic structure. Numerous trials involving SDVs are already underway in cities as diverse as Singapore, London, and Gothenburg. Gothenburg is currently planning to launch a pilot of 100 SDVs on its ring road in 2017.

In addition to conducting research with consumers and city policymakers, BCG and the World Economic Forum developed four comprehensive scenarios—based on autonomous technology, ride sharing, and electrification—for the city of the future. Here are the scenarios, in order of potential impact:

The Premium Car That Drives Itself. SDVs complement the existing mobility landscape as high-end offerings. This results in a small reduction (about 1%) in the number of vehicles on the streets through limited sharing of self-driving vehicles and fewer accidents—a drop of almost 20%—because SDVs, without human error as a risk factor, are much safer.

SDVs Rule the Streets. In this scenario, SDVs replace most traditional cars but are still primarily privately owned. One in ten SDVs is shared by multiple individuals, and the total number of cars in the city falls by 8%. The number of accidents drops by 55%, and there is a 5% increase in freed-up parking space.

Robo-Taxis Take Over. Robo-taxis are the primary mobility option in the city. The biggest change is a nearly 50% decrease in the number of cars as consumers abandon privately owned vehicles for shared robo-taxis. There are almost 90% fewer accidents, and nearly 40% of parking space is freed up.

The Ridesharing Revolution. Shared robo-taxis are the main mobility mode. Every self-driving taxi now averages 2 passengers instead of the 1.2 assumed to be the average occupancy previously. Ridesharing frees up more parking space (54%) and further lowers the number of cars needed to provide the same level of mobility to the population (59%). Accidents decrease by 87%.

“No single scenario will play out exactly as described, but our analysis makes it clear that the potential benefits for society are huge if SDVs are combined with ride sharing and electrification,” said Michael Rüßmann, a BCG senior partner and report coauthor. “A power train shift from internal-combustion to electric engines is essential if cities want to cut tailpipe emissions, and ride sharing in urban areas is required to reduce the number of vehicles that are on the streets at any given time. Autonomous capabilities are the key to big improvements in road safety. These three factors—ride sharing, autonomous driving, and electrification—reinforce each other to facilitate fast adoption.”

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Now download a bank account

Absa has introduced an end-to-end account opening for new customers, through the Absa Banking App, which can be downloaded from the Android and Apple app stores. This follows the launch of the world first ChatBanking on WhatsApp service.

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This “download your account” feature enables new customers to Absa, to open a Cheque account, order their card and start transacting on the Absa Banking App, all within minutes, from anywhere and at any time, by downloading it from the App stores.

“Overall, this new capability is not only expected to enhance the customer’s digital experience, but we expect to leverage this in our branches, bringing digital experiences to the branch environment and making it easier for our customers to join and bank with us regardless of where they may be,” says Aupa Monyatsi, Managing Executive for Virtual Channels at Absa Retail & Business Banking.

“With this innovation comes the need to ensure that the security of our customers is at the heart of our digital experience, this is why the digital onboarding experience for this feature includes a high-quality facial matching check with the Department of Home Affairs to verify the customer’s identity, ensuring that we have the most up to date information of our clients. Security is supremely important for us.”

The new version of the Absa Banking App is now available in the Apple and Android App stores, and anyone with a South African ID can become an Absa customer, by following these simple steps:

  1. Download the Absa App
  2. Choose the account you would like to open
  3. Tell us who you are
  4. To keep you safe, we will verify your cell phone number
  5. Take a selfie, and we will do facial matching with the Department of Home Affairs to confirm you are who you say you are
  6. Tell us where you live
  7. Let us know what you do for a living and your income
  8. Click Apply.

 

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How we use phones to avoid human contact

A recent study by Kaspersky Lab has found that 75% of people pick up their connected device to avoid conversing with another human being.

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Connected devices are becoming essential to keeping people in contact with each other, but for many they are also a much-needed comfort blanket in a variety of social situations when they do not want to interact with others. A recent survey from Kaspersky Lab has confirmed this trend in behaviour after three-quarters of people (75%) admitted they use a device to pretend to be busy when they don’t want to talk to someone else, showing the importance of keeping connected devices protected under all circumstances. 

Imagine you’ve arrived at a bar and you’re waiting for your date. The bar is busy, and people are chatting all around you. What do you do now? Strike up a conversation with someone you don’t know? Grab your phone from your pocket or handbag until your date arrives to keep yourself busy? Why talk to humans or even make eye-contact with someone else when you can stare at your connected device instead?

The truth is, our use of devices is making it much easier to avoid small talk or even be polite to those around us, and new Kaspersky Lab research has found that 72% of people use one when they do not know what to do in a social situation. They are also the ‘go-to’ distraction for people even when they aren’t trying to look busy or avoid someone’s eye. 46% of people admit to using a device just to kill time every day and 44% use it as a daily distraction.

In addition to just being a distraction, devices are also a lifeline to those who would rather not talk directly to another person in day-to-day situations, to complete essential tasks. In fact, nearly a third (31%) of people would prefer to carry out tasks such as ordering a taxi or finding directions to where they need to go via a website and an app, because they find it an easier experience than speaking with another person.

Whether they are helping us avoid direct contact or filling a void in our daily lives, our constant reliance on devices has become a cause for panic when they become unusable. A third (34%) of people worry that they will not be able to entertain themselves if they cannot access a connected device. 12% are even concerned that they won’t be able to pretend to be busy if their device is out of action.

Dmitry Aleshin, VP for Product Marketing, Kaspersky Lab said, “The reliance on connected devices is impacting us in more ways than we could have ever expected. There is no doubt that being connected gives us the freedom to make modern life easier, but devices are also vital to help people get through different and difficult social situations. No matter what your ‘connection crutch’ is, it is essential to make sure your device is online and available when you need it most.”

To ensure your device lifeline is always there and in top health – no matter what the reason or situation – Kaspersky Security Cloud keeps your connection safe and secure:

·         I want to use my device while waiting for a friend – is it secure to access the bar’s Wi-Fi?

With Kaspersky Security Cloud, devices are protected against network threats, even if the user needs to use insecure public Wi-Fi hotspots. This is done through transferring data via an encrypted channel to ensure personal data safety, so users’ devices are protected on any connection.

·         Oh no! I’m bored but my phone’s battery is getting low – what am I going to do?

Users can track their battery level thanks to a countdown of how many minutes are left until their device shuts down in the Kaspersky Security Cloud interface. There is also a wide-range of portable power supplies available to keep device batteries charged while on-the-go.

·         I’ve lost my phone! How will I keep myself entertained now?

Should the unthinkable happen and you lose or have your phone stolen, Kaspersky Security Cloud can track and protect your device from data breaches, for complete peace of mind. Remote lock and locate features ensure your device remains secure until you are reunited.

 

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