We are at the start of a new and exciting technological era, quite possibly the next 'industrial revolution'. We cannot possibly predict exactly how our lives and our society will change over the next few years as a result of the development and application of IoT and AR technologies but history tells us that the change is likely to be revolutionary.
In the halfway-house between the old world and a safer, self-driving future, telematics technology is having a particularly notable impact of the way we drive. In Octo's case, dynamic machine learning algorithms supported by the world's largest insurance telematics database are revolutionising not only the economics, but also the behavioural science of driving.
The case for the Transatlantic trade and Investment Partnership is mostly about cars. The E.U.'s impact assessment document on the proposed deal leaves no doubt about that. According to the assessment, motor vehicles and parts account for 47% of the anticipated increase in exports and 41% of the increase in imports in the most ambitious scenario. The details are in Tables 31 and 32 of the report.