New technology: what do you have to fear?

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  • Опубліковано 13 чер 2024
  • Managing the risks and rewards of emerging technologies is a tricky balancing act. How is it possible to maximise the upsides of innovation while minimising the potential downsides? Read more here: econ.st/327bXxU
    Film supported by ‪@mission.winnow‬
    00:00 - 01:03 Innovation and regulation in technology
    01:03 - 01:51 How to keep innovation moving
    01:51 - 03:48 The rise of autonomous cars
    03:48 - 05:40 Are autonomous cars safe?
    05:40 - 07:28 Drone regulation and innovation
    07:28 - 09:26 Drone development in Australia
    09:26 - 10:25 Sandbox regulation
    10:25 - 11:45 Decarbonising airspace with eV-TOL aircrafts
    11:45 - 12:21 Managing risks in technology development
    Read our latest coverage on The World Ahead: econ.st/3HDWmFq
    Sign up to The Economist’s daily newsletter to keep up to date with our latest stories: econ.st/3gJBH8D
    Read Tom Standage’s editor’s note on “The World Ahead 2022”: econ.st/3JLfN0y
    Why a dawn of technological optimism is breaking: econ.st/3qOuyXW
    22 emerging technologies to watch in 2022: econ.st/3qPFLYh
    The dark side of self-driving cars: econ.st/3mZ8h8B
    Business is booming as regulators relax drone laws: econ.st/3sVGxpn
    Hybrid power will make helicopters safer and more productive: econ.st/3JLi2RC
    The success of AVs will depend on sensible regulation: econ.st/3tf6rVp
    Neobanks are changing Britain’s banking landscape: econ.st/3HC662J

КОМЕНТАРІ • 124

  • @plantandpage07
    @plantandpage07 2 роки тому +6

    Great content, just weird to be sponsored by Marlboro...

  • @ceciliaquental5409
    @ceciliaquental5409 2 роки тому +9

    I'd really like to see another video like this one, except about social media

  • @vinniesontag7696
    @vinniesontag7696 2 роки тому +29

    I love this channel, very informative 👏

  • @shihanpan969
    @shihanpan969 2 роки тому +48

    The problem is when incumbents use regulation as a means to prevent competitors from entering the field

    • @ev.c6
      @ev.c6 2 роки тому +2

      We’ll, I tell you something. AI would tell any immigrant officer your name comes from a country that most likely has a large amount of undocumented illegal immigrant in both the US and Europe. Based on that attribute it would set your person in the likelihood to become illegal too. Therefore you should be banned from entering in most developed countries today.
      THAT is what needs to be regulated. And this is what we should be focusing on now. Technology becoming so disruptive it becomes racially biased.

    • @fajarsetiawan3334
      @fajarsetiawan3334 2 роки тому

      @@ev.c6 ààqqqqqłpklqqqq0

    • @konradkapera2344
      @konradkapera2344 2 роки тому

      @@ev.c6 i ffhgdhst

    • @outofthebox9699
      @outofthebox9699 2 роки тому +1

      Like Google did with a UA-cam competitor.

  • @jackryan3487
    @jackryan3487 2 роки тому +1

    thank you for this

  • @cruiseshipdreamer7003
    @cruiseshipdreamer7003 2 роки тому +1

    Great balanced show.

  • @manjunathjeerla3687
    @manjunathjeerla3687 2 роки тому +1

    Thank you😊

  • @mazinalmoumen
    @mazinalmoumen 2 роки тому +1

    Fantastic 👏👏👏

  • @ModernDayGeeks
    @ModernDayGeeks 2 роки тому +3

    Hopefully with innovation comes with better accessibility and regulation as we further improve upon what we currently have now. Fascinating!

  • @harshvardhanrathi5499
    @harshvardhanrathi5499 2 роки тому +2

    the last time the faa rushed something was the Boeing 737 max thing...so we need to tread very carefully.

  • @alparslankorkmaz2964
    @alparslankorkmaz2964 2 роки тому +1

    Nice video.

  • @ThaisOliveira-ib6im
    @ThaisOliveira-ib6im 2 роки тому +1

    forgot to mention the impact on the job market

  • @spacezeroin
    @spacezeroin Рік тому

    So Cool! THANK YOU!

  • @Thebreakdownshow1
    @Thebreakdownshow1 2 роки тому +45

    I think sustainable innovation is a sector where a lot needs to happen. And is perfectly ready for a big shift.

    • @madat5843
      @madat5843 2 роки тому +3

      Dude just checked your channel you are seriously under rated.

    • @gkoogz9877
      @gkoogz9877 2 роки тому +4

      What is "sustainable innovation" that doesn't even make sense

    • @haadbajwa7565
      @haadbajwa7565 2 роки тому +1

      It's too late now. WORD SUSTAINABLE is not applicable any more all natural resources in the world have depleted to a point of no return thing will get worst every year.........

    • @bambangdwi9849
      @bambangdwi9849 2 роки тому +1

      @@madat5843 Ppp AA sslmnmbmmvmlllll
      P webp
      Bm
      Lml QQn0@))//(():/0

    • @bambangdwi9849
      @bambangdwi9849 2 роки тому +1

      Kpkpkpkpkppqqkppqpoppp0q QQ klqpqqqklllllllppppo

  • @thomasciarlariello3228
    @thomasciarlariello3228 2 роки тому

    Infrastructe needed is Marshal J. Corbett of Gruman patent for aerial cold plasma highways similar to Wachouski's "Neo Seoul 2144 A.D."

  • @moret1979
    @moret1979 2 роки тому +2

    Narrator voice and music are much louder than others people voices.

  • @christiansantiagophotography
    @christiansantiagophotography 2 роки тому +3

    It's asinine that the test for flying a drone commercially requires the same kind of knowledge as airline and helicopter pilots.

  • @ksugahara
    @ksugahara 2 роки тому +7

    Great piece. Love seeing Margaret and Brendan. Now you need to chat with Brendan about autonomous robots (and ask him about his Spot!)

  • @beatrizcascelli
    @beatrizcascelli 2 роки тому

    Wow so interesting

  • @chrisrhome6638
    @chrisrhome6638 2 роки тому +3

    Does innovation drive regulation?

  • @curtiscarpenter9881
    @curtiscarpenter9881 2 роки тому +5

    The scale of manufacturing should be bound by the progress of technology e.g. improvements made should suit the scale of production.

  • @jakel8627
    @jakel8627 2 роки тому +3

    The Economist is the best newspaper

  • @TDKRises12
    @TDKRises12 2 роки тому

    Yes

  • @MasKverdad
    @MasKverdad 2 роки тому

    Positive step

  • @rajendratayya8400
    @rajendratayya8400 2 роки тому +6

    The more complex the technology is, it is liable to be at the risk of becoming paralysed by human mistakes. It is equivalent to the viral infection of the complex human anatomy.

  • @miloklitov8776
    @miloklitov8776 2 роки тому

    Super

  • @XOPOIIIO
    @XOPOIIIO 2 роки тому +11

    Autonomous vehicles are already safer than human drivers. And they will be safer over time. Not forcing transition to complete autonomous drive is putting at risk million of lives.

    • @XOPOIIIO
      @XOPOIIIO 2 роки тому +8

      @HunterBidensCrackPipe Humans fail and fail all the time. What's your point?

    • @XOPOIIIO
      @XOPOIIIO 2 роки тому +2

      @HunterBidensCrackPipe What's your point?

    • @XOPOIIIO
      @XOPOIIIO 2 роки тому

      @HunterBidensCrackPipe Remove driver's seat. What's the problem?

    • @XOPOIIIO
      @XOPOIIIO 2 роки тому +5

      @HunterBidensCrackPipe I don't actually get what you just said.

    • @Zepheron
      @Zepheron 2 роки тому

      @@XOPOIIIO you are correct imo

  • @JK-gu3tl
    @JK-gu3tl 2 роки тому +2

    We can start by admiting the Prussian model of public education is outdated. Montessori style with trades would be more suitable.

  • @calbalu51
    @calbalu51 2 роки тому

    An informative piece marred by huge disparities in sound volume levels. The narrator blares above the Standage chap for instance and this continues all through the piece, concerning on camera narratives. Apparently the sound mixer wasn't paying attention to VU meters (or listening for that matter). Shame, it's an interesting video otherwise.

  • @sbmabusaeedranashahriar7399
    @sbmabusaeedranashahriar7399 2 роки тому

    Done

  • @SuperSonic9000IsHere
    @SuperSonic9000IsHere 2 роки тому +1

    Hi

  • @chris-2496
    @chris-2496 2 роки тому +1

    I don't think the world has been suffering from lack of innovation for the last century. Maybe the topic should be how to better control the risks of new technologies?

  • @zerubiszeus4687
    @zerubiszeus4687 2 роки тому +6

    Kinda hurts knowing uber wants autonomous cars. It's become this pizza delivery guy level job that's helped a lot of people stay afloat

    • @AwesomeAsh99
      @AwesomeAsh99 2 роки тому +5

      Come come human labour is better spent elsewhere. And for companies that replace human labour with an artificial medium, then we shall tax them!

  • @mipouji8432
    @mipouji8432 2 роки тому +1

    We just need land value taxes

  • @garyvermaak9470
    @garyvermaak9470 2 роки тому +1

    eVTOL is just a small niche segment of electric aviation to replace helicopters. The real impact of electric aviation will be conventional take off and landing aircraft from light sport and general aviation to regional airliners.

  • @angelwhite376
    @angelwhite376 2 роки тому

    The world is not AI. We the drivers must be in control..

  • @mateuszhnat8633
    @mateuszhnat8633 2 роки тому

    Ko

  • @nicolasvanharling86
    @nicolasvanharling86 2 роки тому

    Motor yopiter mrskin

  • @bosmlipir2592
    @bosmlipir2592 2 роки тому

    Like👍

  • @importantname
    @importantname 2 роки тому

    still waiting for the answer to the posed question

  • @theailateshow368
    @theailateshow368 2 роки тому +1

    Governments stifle innovation.

  • @thisisnotmyrealname6046
    @thisisnotmyrealname6046 2 роки тому

    Sure, if that car had been driven by a person and not a computer, the lady on the bike would not have died, because no driver has ever caused a deadly accident...

  • @jamiearnott9669
    @jamiearnott9669 2 роки тому +4

    Excellent video. Bad jokes aside, I've been using electronic antibiotics and nanomaterials which is emerging technology to me. However it's my own post industrial post modern scientific project. This is a global post industrial knowledge economy and I know that private companies and governments won't save me. Avoiding corruption and special interest, If you want a fourth industrial revolution, then do it yourself! ;-)

  • @robertwilson2007
    @robertwilson2007 2 роки тому +2

    The world population went from 1 billion in 1800 to almost 8 billion now. Of course that will change alot of things. But we as humans are incapable of controlling our populations and people who invent things from looking ahead to see what the long term affects will be. If they even care, it's all about money and greed. We all only think about today right now! The human race is only capable of seeing a few years ahead if that. Plus we keep sending food and building in places where that human population should not be or the population should not be that high. Then we go to war over things that will not move the human race forward it just drags us back into the past. The human race might not deserve to survive as species.
    A guy told me once we are the most intelligent being on this planet. I said he was wrong. WE ARE THE MOST CLEVER. We are not that intelligent. We can't even manage our population, food , water, energy resouces properly. We just figure ways around (Mother Nature) a problem that concerns us right now, not thinking pros and cons for the distant future. Thats because we haven't evolved enough out of our inherently primative and archaic survival instincts. If you read about human behavior we are still using our basic animal instincts to survive on a daily basis that we have been using for the last 1 billion years or so. We haven't changed that much since then. We just have learned to make and use tools without a proper teacher.!!

  • @stevegarfi5812
    @stevegarfi5812 2 роки тому +1

    for the average person and company yes until the military gets a hold of it then the public is stifled and they use it for military purposes

  • @4-kathryn
    @4-kathryn 2 роки тому +4

    Not a fan of self-driving cars in my home state of Arizona. Due to the hot climate here, our car batteries die rapidly compared to other areas. My concern is these driver-less-vehicles will be stalled on the road. It's also a mystery what these transport vehicles can and cannot do. What if the rider wants to go to a destination where there isn't a typical road the vehicle has been conditioned to know... like a dirt path? What if the vehicle somehow drives into a flooding zone? I just don't trust where that technology is at right now.

  • @garryjohnson6794
    @garryjohnson6794 2 роки тому +7

    Driverless car..isnt that risky for hacking or even assasination attempt..

    • @erebody
      @erebody 2 роки тому +2

      uhh modern vehicles are already susceptible to hacking... don't forget that's how they killed Michael Hastings years ago.

    • @ashleyhill6697
      @ashleyhill6697 2 роки тому +1

      Who has an ego big enough to think someone would want to assassinate them?

  • @antonioalvarez2499
    @antonioalvarez2499 2 роки тому +1

    Let the market self-regulate it self

    • @Cjiijci
      @Cjiijci 2 роки тому +1

      markets wont self regulate their own technologies

  • @NicolaiJohannesenDK
    @NicolaiJohannesenDK 2 роки тому +4

    Very one sided video... It acknowledge that human drivers kills 40000 traffic victim in the US... But for some inexplicable reason it is only self-driving car is that are dangerous?
    That makes absolutely no sense!

    • @kelindrawn
      @kelindrawn 2 роки тому +1

      I was about to point out this very thing. Everyone got used to people dying on our roads, yet somehow an attempt to fix this gets a lot of backlash.

    • @andreseward
      @andreseward 2 роки тому +1

      i wonder how it compares percentage wise though

    • @bencarlobactol1763
      @bencarlobactol1763 2 роки тому +3

      It's because of the media portrayal of the accidents on self-driving cars that sway public opinion. And the fear of robots taking over human jobs.

  • @teachonlywhatiseasy
    @teachonlywhatiseasy 2 роки тому +3

    regulation is a funny word.
    lessons are in history.
    pro-active requires vision.
    Inclusive politics being the pre-requisite.

  • @dorianaconforti9364
    @dorianaconforti9364 2 роки тому

    Quella

  • @user-zq6cs4gf4j
    @user-zq6cs4gf4j 2 роки тому

    شعاع احد لایک

  • @controlfreak1963
    @controlfreak1963 2 роки тому +1

    Lets ask SpaceX regarding FAA review. Meanwhile, China is backward engineering everything we do and has no FAA restrictions.

  • @user-ce1so6hn9v
    @user-ce1so6hn9v 2 роки тому

    من از رو کامنت ها اونم با ترجمه ب فارسی متوجه میشم . از ایران افراد بسیاری میخواهند دنبال کننده باشن . بابت انگلیسی بودن و زیر نویس نبودن . افراد بسیاری محروم می مانند از محتوا . لطفا زیر نویس برای فارسی زبانان در نظر بگیرد.

  • @Kris-eq4mr
    @Kris-eq4mr 2 роки тому

    Okay Yeah s gc

  • @SkibidiAlpha69420gyat
    @SkibidiAlpha69420gyat 2 роки тому

    ale ja ňič ňepocujem boha mu

  • @diegozambrano6292
    @diegozambrano6292 2 роки тому

    I think I watched this video before...

  • @chrismckellar9350
    @chrismckellar9350 2 роки тому +2

    Technology is fragile especially when nature gets involved with disruptive weather conditions or volcanic eruptions.

  • @thomasciarlariello3228
    @thomasciarlariello3228 2 роки тому

    Skeptical

  • @rosiekrupp
    @rosiekrupp 2 роки тому +1

    Everything is an illusion

  • @Kyle-bb9zp
    @Kyle-bb9zp Рік тому

    Go back to the way people use to live 300 years ago it's coming you will need to be ready when it all goes down.

  • @ingemar_von_zweigbergk
    @ingemar_von_zweigbergk 2 роки тому

    the woman that got hit looked like a zombie.

  • @Dliight
    @Dliight 2 роки тому

    Find the Golden middle road!

  • @stardustbilermam1736
    @stardustbilermam1736 2 роки тому +3

    Let’s let innovation rest for a while. Too much innovations in too little time. Let us get adapted to the tech of now instead of always upgrading

  • @riskafaizatin6697
    @riskafaizatin6697 2 роки тому

    No

  • @benjones1717
    @benjones1717 2 роки тому +3

    So much bs in one video.

  • @francescopaulucci5767
    @francescopaulucci5767 2 роки тому +1

    Very dissatisfied with the economist for leaving the biggest innovator in autonomous driving out of the video... Tesla is leaps and bounds ahead of waymo!

  • @usa9116
    @usa9116 2 роки тому

    What we know is we need 30% salary increase to fight inflation.

  • @markbracegirdle7110
    @markbracegirdle7110 2 роки тому +4

    Cheap labour is what stifles innovation, not regulation.

    • @JK-gu3tl
      @JK-gu3tl 2 роки тому

      Industrial revolution?

    • @markbracegirdle7110
      @markbracegirdle7110 2 роки тому

      @@JK-gu3tl I suggest you study it.

    • @JK-gu3tl
      @JK-gu3tl 2 роки тому

      @@markbracegirdle7110 what's to study? Things were much worse before it.

  • @aetschoolfoundation2746
    @aetschoolfoundation2746 2 роки тому +1

    Economists reports are pessimistic

    • @garryjohnson6794
      @garryjohnson6794 2 роки тому +3

      I mean, the risk could be really high..for example, what happened if some madman using drone for act of terorism like dropping bomb into your house? Or hack your tesla and make it into accident?

  • @dennisoosterhof2231
    @dennisoosterhof2231 2 роки тому

    London is against crypto. I'm against London.

  • @jacksoncheung7796
    @jacksoncheung7796 2 роки тому

    Actually most of the contexts in this video are repetitive. I don't even recognize the difference between an airplane and eVTOL aircraft. Appreciate for wasting 10 minutes of my valuable time.

  • @ashleyhill6697
    @ashleyhill6697 2 роки тому

    Authoritarianism is inevitable. I'll sell everything buy a Porsche and little house in Mexico and enjoy freedom.

  • @EconomicFriend
    @EconomicFriend 2 роки тому +2

    New technology is fun and convenient, but very dangerous. We'd be better off without some of this new technology. When did we stop caring about the human race and our own society? Very sad direction we're heading into. I say, stick with what works. If it ain't broken, don't fix it.

    • @Cjiijci
      @Cjiijci 2 роки тому +1

      which one of these innovations do u consider dangerous?

  • @bazacko
    @bazacko 2 роки тому +1

    I'm unsubscribing. Please find better sponsors.

  • @atomicchimichangas7666
    @atomicchimichangas7666 2 роки тому

    Communism, the answer is always communism