8 Israeli Tech Trends, 8 Crazy Nights 2014: Autonomous Driving (7/8)
As Israel observes Hanukkah – a celebration of the light among the darkness – it’s time to highlight the tech trends creating sparks within the Startup Nation. Note, these trends are based on our deal flow – what our team sees on the ground. Trend 7/8: Autonomous Driving How a trend is born: Cars are the single most complex consumer product in the world. While the combustion engine and large-scale, production-line manufacturing of the late 19th century helped make cars more ubiquitous, at large we have yet to see how the true power of the Digital Revolution, new fuel and propulsion technologies, innovative business models, new material technologies and advances in safety features will drive innovation forward and help bring about the car of the future. What’s causing the traffic jams of innovation? For one, road traffic accidents are the largest cause of injury-related deaths worldwide according to the World Health Organization. This is reason enough that advancement in the automotive industry can be excruciatingly slow. Think of it this way – the more electronics there are in a car, the easier the car...
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