Blog Post #397:  I WANT TO BE THE FIRST PASSENGER!!!!

Blog Post #397:  I WANT TO BE THE FIRST PASSENGER!!!!

Taken from:  https://www.mystatesman.com/news/transportation/wear-cap-metro-shuttles-could-hint-austin-transit-future/r9plT7iB5Uv5GYuObL2YhM/

This is coming MUCH closer to home!!!  

The public transportation authority in Austin is Cap Metro.  I took Cap Metro busses or the Cap Metro train from Leander to the University of Texas campus all but two times during my working days at UT (University of Texas).  

But, now, one of my my favorite topics in this blog is happening HERE in the Austin area – Autonomous shuttle busses in downtown Austin.  

There will be two weeks of testing – without passengers – and then the transportation authority will be making decisions on whether to go with the service, what routes, what funding and more.  

There are similar vehicles already in service – such as a shuttle on the University of Michigan’s campus; and one in operation in Las Vegas.  (The article mentions that the Las Vegas shuttle had an accident within hours of first operation – where a delivery truck backed into the shuttle – and that driver was cited in the accident)

This article from the Austin Statesman says:

“This Austin shuttle fling, small scale as it will be, nonetheless could have outsized influence on the mass transit debate playing out quietly between Capital Metro’s leadership and ardent supporters of building light rail here.”

My bias, of course, is that Cap Metro roll out autonomous vehicles all over the place!!!  Maybe even like a Uber or Lyft shuttle to take a person to the Cap Metro transportation center.  

To me, public transportation has great advantages.  Commuting about 45 minutes to UT, was much easier riding public transportation.  No road rage, I didn’t have to buy gas, tires and have regular maintenance on my car.  Cap Metro included free WiFi – so I could do some last revisions on my lectures and assignments on the bus going to campus.  AND … the service was free (underwritten by the University of Texas to get cars off campus and to alleviate parking problems!!)

So, unless I become a Cap Metro employee for two weeks and ride on the autonomous shuttle, I’ll have to wait until decisions are made.  

I’m excited!!!

Bruce

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Blog Post #396: The FBI wants to analyze your tattoos!!!

Blog Post #396: The FBI wants to analyze your tattoos!!!

Taken from:  https://www.eff.org/deeplinks/2018/07/fbi-wants-app-can-recognize-meaning-your-tattoos and https://www.ranker.com/list/gang-tattoo-meanings/katia-kleyman

The EFF – Electronic Frontier Foundation describes itself as: “The Electronic Frontier Foundation is the leading nonprofit organization defending civil liberties in the digital world.”

And “Today, EFF uses the unique expertise of leading technologists, activists, and attorneys in our efforts to defend free speech online, fight illegal surveillance, advocate for users and innovators, and support freedom-enhancing technologies.” (from:  https://www.eff.org/about)

The article today from the EFF, says that the Federal Bureau of Investigation (FBI) is trying to gather a database of tattoos.  

This article describes the FBI’s work as this:

“Our investigation found that NIST was targeting people who shared common beliefs, with a heavy emphasis on religious imagery.  NIST researchers, we discovered, had also bypassed basic oversight measures. Despite rigid requirements designed to protect prisoners who might be used as subjects in government research, the researchers failed to seek sign-off from the in-house watchdog before embarking on the project.”  (NIST – is the National Institute of Standards and Technology. A side comment: I’ve been to NIST for training on being a Baldrige National Excellence program Evaluator.)

The concept is simple – keep a national database of tattoos.  As part of their work, they used prisoners (many of whom would already have tattoos) and to identify them.  Then they can work on relationships between people with the same or similar tattoos.

Many gangs use tattoos as membership requirements. From some other research, the Crips, , Latin Kings (out of Chicago), Hell’s Angels, Bloods, even Ku Klux Klan

The EFF article continues with this:

“Most biometric technology, such as face, iris, or fingerprint recognition, is designed to establish the identity of otherwise unknown suspects or victims. Tattoo recognition is different in that not only can tattoos be used for identification, they can also reveal further information about the individual.”  (Like politics, religious beliefs, gang membership and more).

The article does suggest that while such tattoos may suggest gang membership (and more), it isn’t a perfect match.  Say a man walks away from a gang in his early 20’s – moves to a new city, starts a new life, maybe even change his name – but the tattoo may still link him to a gang – even if he has started a new life.  To the EFF, a database of tattoos might cross the delicate balance between civil liberties and potential acts of violence.

At least four of my nieces do have tattoos (and I’m not sure of many of the rest of the extended family have tattoos).  For them is generally is a simple rose or flower tattooed on their legs as a type of fashion statement. But what if a gang takes a simple rose as their gang insignia?  Would that indicate this sweet nieces (and others) are gang members? Would they be in the FBI’s database of tattoos as potential gang members?

Others that I know who have served in the military (particularly the Marines) may also tattoos on their arms (frequently with USMC)

As a person without a tattoo, but not opposed to one, it does raise the concept of gang membership.  

What do you think?

Do you have a tattoo?  Do you think the FBI is stepping across a civil liberty line by keeping a database of tattoos.  

Bruce

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Blog Post #395: Faster, faster, faster – 5G for People

Blog Post #395: Faster, faster, faster – 5G for people:

Taken from:  https://www.gemalto.com/mobile/inspired/5G

Cell phones / mobile phones / mobile networks are getting faster!!

I remember in college plugging my computer terminal into acoustic couplers to connect to a network (the network  / computer was in St. Paul Minnesota).  

I remember my first home computer.  I had to dial into my local network – all of three blocks away from our house (and boy was that ever slow).

I remember being on a business trip to Jacksonville Florida and wanting to get on the computer so much, I became a customer of AOL – American Online.  You could get a free disk almost anyplace – Walmart, convenience store, and then find a phone line and dialing in.
From that same trip, I remember how hard it was to get away from AOL!!!  I used the internet on their free trial for two nights and took four months to stop being billed for services (that I didn’t use or want)  and harassed!!!

And … moving up in speed and home connection quickly after that.  3G was a ‘big deal’; then came 4G and now 5G. As I understand it 5G is not just a speed update, it is a specialized speed update and not available in all places.  

This second recent article (July 20 2018) talks about AT&T installing 5G networks in more places.  The article says Dallas and Waco Texas, and Atlanta Georgia were three locations first and now to Raleigh and Charlotte in North Carolina. (see:  https://www.digitaltrends.com/mobile/att-5g-rollout/?utm_medium=push&utm_source=1sig&utm_campaign=One%20Signal)

The main article states:
The next (5th) generation wireless network will address the evolution beyond the mobile internet to massive IoT (Internet of Things) for the horizon 2019/2020. The main evolution compared with today’s 4G and 4.5G (LTE advanced) is that beyond data speed improvements, new IoT and critical communication use cases will require new types of improved performance. For example “low latency” is what provides real-time interactivity for services using the cloud: this is key to the success of self-driving cars for example.   Also, low power consumption is what will allow connected objects to operate for months or years without the need for human assistance.


So, what is the big deal with 5G?

This seems to mean such deep connectivity for improved performance.

 

Let’s take an example – driverless (autonomous) vehicles.  So, let’s say that in ten years almost all cars will be autonomous cars (as well as trucks, etc.)  If that is true, won’t connectivity be a problem? You are approaching a busy intersection – two lanes turn left, two lanes turn right and three lanes continue straight.  Your car knows your destination, but all the other cars are also seeking their destinations – millions of bits of information being exchanged in real time. If there are two hundred cars in this area at this second (microsecond) all using GPS and autonomous vehicles, won’t traffic slow down because the math to determine the direction, velocity and other conditions of all the other cars that could be in your path is going up to a ‘cloud’ / satellite server in the sky.    (in effect this is the IoT – internet of things – so you car’s computer can ‘talk’ to other cars, to stop signs, to signal lights, to weather conditions and more)

 

  • The article goes on to state: 5G Specifications:
  • Up to 10Gbps data rate  – > 10 to 100x improvement over 4G and 4.5G networks
  • 1-millisecond latency
  • 1000x bandwidth per unit area
  • Up to 100x number of connected devices per unit area (compared with 4G LTE)
  • 99.999% availability
  • 100% coverage
  • 90% reduction in network energy usage
  • Up to 10-year battery life for low power IoT devices

So, as compared to present standards up to 100 times as fast, much quicker connection (i.e. low latency), bigger bandwidth (more can get through at the same time), almost perfect availability and lower energy usage!!!

 

BUT … it is a new network and won’t use run on top of the existing networks – so …. The rolling out of new 5G compatible networks to cities (the second article from AT&T).

 

What do you think?

(Same content on:  http://drbrucewhite.com )

Bruce

 

Taken from:  https://www.gemalto.com/mobile/inspired/5G

Cell phones / mobile phones / mobile networks are getting faster!!

I remember in college plugging my computer terminal into acoustic couplers to connect to a network (someplace – I think it was in St. Paul Minnesota).  

I remember my first home computer.  I had to dial in to my local network – all of three blocks away from our house (and boy was that ever slow).

I remember being on a business trip to Jacksonville Florida and wanting to get on the computer so much, I became a customer of AOL – American Online.  You could get a free disk almost anyplace – Walmart, convenience store, and then find a phone line and dialing in.
From that same trip, I remember how hard it was to get away from AOL!!!  I used the internet on their free trial for two nights and took four months to stop being billed for services (that I didn’t use or want)  and harassed!!!

And … moving up in speed and home connection quickly after that.  3G was a ‘big deal’; then came 4G and now 5G. As I understand it 5G is not just a speed update, it is a specialized speed update and not available in all places.  

This second recent article (July 20 2018) talks about AT&T installing 5G networks in more places.  The article says Dallas and Waco Texas, and Atlanta Georgia were first and now to Raleigh and Charlotte in North Carolina. (see:  https://www.digitaltrends.com/mobile/att-5g-rollout/?utm_medium=push&utm_source=1sig&utm_campaign=One%20Signal)

The main article states:
The next (5th) generation wireless network will address the evolution beyond mobile internet to massive IoT (Internet of Things) for the horizon 2019/2020. The main evolution compared with today’s 4G and 4.5G (LTE advanced) is that beyond data speed improvements, new IoT and critical communication use cases will require new types of improved performance. For example “low latency” is what provides real-time interactivity for services using the cloud: this is key to the success of self-driving cars for example.   Also, low power consumption is what will allow connected objects to operate for months or years without the need for human assistance.


So, what is the big deal with 5G?

This seems to mean such deep connectivity for improved performance.

Let’s take an example – driverless (autonomous) vehicles.  So, let’s say that in ten years almost all cars will be autonomous cars (as well as trucks, etc.)  If that is true, won’t connectivity be a problem? You are approaching a busy intersection – two lanes turn left, two lanes turn right and three lanes continue straight.  Your car knows your destination, but all the other cars are also seeking their destinations – millions of bits of information being exchanged in real time. If there are two hundred cars in this area at this second (microsecond) all using GPS and autonomous vehicles, won’t traffic slow down because the math to determine the direction, velocity and other conditions of all the other cars that could be in your path is going up to a ‘cloud’ / satellite server in the sky.    (in effect this is the IoT – internet of things – so your car’s computer can ‘talk’ to other cars, to stop signs, to signal lights, to weather conditions and more)

  • The article goes on to state: 5G Specifications:
  • Up to 10Gbps data rate  – > 10 to 100x improvement over 4G and 4.5G networks
  • 1-millisecond latency
  • 1000x bandwidth per unit area
  • Up to 100x number of connected devices per unit area (compared with 4G LTE)
  • 99.999% availability
  • 100% coverage
  • 90% reduction in network energy usage
  • Up to 10-year battery life for low power IoT devices

So, as compared to present standards up to 100 times as fast, much quicker connection (i.e. low latency), bigger bandwidth (more can get through at the same time), almost perfect availability and lower energy usage!!!

 

BUT … it is a new network and won’t use run on top of the existing networks – so …. The rolling out of new 5G compatible networks to cities (the second article from AT&T).

 

What do you think?

(Same content on:  http://drbrucewhite.com )

Bruce

 

Posted by Bruce White, 0 comments

Blog Post #394 Pass the Ketchup (slices)!!!

Blog Post #394:  Pass the Ketchup (slices)!!!

Taken from:  https://www.today.com/food/no-more-mess-slices-ketchup-made-slice-sauce-t125972

I’ll admit it – I tend to be a ketchup user (and abuser).  French fries? Sure – but only with ketchup. Burgers? Sure – but only with ketchup.

I do know that many ketchups are made with high fructose corn syrup (generally something that I avoid), but hey – I like ketchup (or is it ‘catsup’)!

This article highlights a company that is making ketchup slices.  

It states:  “What eager burger-lover hasn’t ended up with a ketchup stain down the front of his or her shirt after a valiant attempt to coax the condiment out of its bottle?

Now, a new invention claims to have the solution to such messy food fiascos by turning liquid ketchup into edible slices.”

And more …

“The slice, which resembles a thin piece of fruit leather, is made from vine-ripened tomato puree, distilled vinegar, cane sugar, Kosher salt, onion and garlic powders and fruit pectin. While regular ketchup has 19 calories per tablespoon, each Slice of Sauce contains 30 calories and 5 grams of sugar.”

Doesn’t sound all that nutritious – but hey – I’m at a picnic and I ‘need’ ketchup!!

So … assuming this goes over, will we have mayonnaise slices, mustard slices, barbeque sauce slices, salsa slices?  Hmm … maybe we could put cheese slices too (but, they already exist – good old “American Cheese” slices).

But part of real ketchup is the mess – it oozes out of the bun and down your fingers!

My guess is that I would buy this once, use it once and pack the real ketchup in the picnic hamper.  How about you?

Bruce

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Blog Post #393:  So where should we go on vacation this year?  Medical Tourism

Blog Post #393:  So where should we go on vacation this year?  Medical Tourism

Taken from:  http://www.medicaltourismmag.com/top-10-medical-tourism-destinations-world/

Medical Tourism.  It used to be that people in third-world countries would travel to the United States for medical procedures.  You might go to the Mayo Clinic, the Cleveland Clinic or many other world renown locations for treatment.

But now many people (especially from the United States or United Kingdom) go to other places for treatment.

Wikipedia says: “Factors that have led to the increasing popularity of medical travel include the high cost of health care, long wait times for certain procedures, the ease and affordability of international travel, and improvements in both technology and standards of care in many countries. The avoidance of waiting times is the leading factor for medical tourism from the UK, whereas in the US, the main reason is cheaper prices abroad.”

So, where do you want to go?

The article lists ten places – here are some:

“India is one of the key players in the medical tourism industry as it strives to provide health care services with cutting-edge technology. Healthcare in India saves patients between 65% to 90% of money compared to the cost of similar service in the US, making India one of the most visited countries for health care.”  (Wait time is also very low)


“The World Health Organization (WHO) notes that Brazil ranks as the best in healthcare delivery in Latin America. Brazil has 43 hospitals accredited by the JCI and it boasts of having world-renowned surgeons.”

 

“Malaysia has won the number one spot in the International Medical Travel Journal’s award for “Health and Medical Tourism Destination of the year” in 2015 and 2016. Malaysia ranks among the best providers of healthcare in all of South-East Asia. Health travelers who visit Malaysia save 65% to 80% on health cost compared to the cost in the US.  Malaysia offers excellent patient comfort with five-star rooms that look more like hotel suites than hospital rooms.”

“Thailand is well known for its unique hospitality and exotic beaches. Having the highest number of internationally accredited hospitals in South-East Asia, Thailand draws a good number of medical travelers each year.”

 

“Singapore is one of the most developed countries in the world, maintaining the top spot in the World Health Organization’s ranking of healthcare in Asian countries. According to Bloomberg, Singapore ranked at the top of countries with the most efficient healthcare systems in 2014, above 50 other countries.”

 

Hmmm … so maybe last year instead of having my aorta surgeries in Texas, I could have been on the beaches of Thailand or in one of those ‘five-star rooms’ of Malaysia!!!  AND … saving lots of money in the process!!!

 

Would you go to some international location for a medical procedure?

Bruce

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Blog Post #392 I want a new home (in SPACE)!!!!

Blog Post #392:  I want a new home (in SPACE)!!!!

Taken from:  https://www.cnbc.com/2018/05/01/jeff-bezos-dreams-of-a-world-with-a-trillion-people-living-in-space.html

 

Jeff Bezos – remember him?  If you aren’t sure let me refresh your memory – Amazon.Com.  Yay, that guy. The guy that recently was named as the richest person in the world with a net world of $150 billion.  (Let’s see if I took one cent from each Amazon transaction I might be closer). Of course that $150 billion is mostly Amazon stock.  That stock is down this week after the Amazon Prime summer sale became Amazon Prime summer fail – as the website had problems on their big one-day sale event.

Well, back to Jeff Bezos, the person.  We all can dream. In this article Jeff [can I call him that – or should I call him “Mr. Bezos, Sir”?  What do you call the richest person in the world?] wants people to live in space!!

This article says:

“Dreaming big isn’t something Jeff Bezos has a problem with.”

“And true to form, the multi-billionaire’s vision for the world that his great-grandchildren’s great-grandchildren will live in is pretty wild to imagine.”

“The Amazon and Blue Origin boss says a trillion people will live in space, there will be “a thousand Einsteins and a thousand Mozarts” and we’ll develop other planets, leaving Earth a beautiful place to be.”

Blue Origin is Bezos’ space group.  In May 2018 Blue Origin launched a rocket (with a successful return) from Blue Origin’s space are near Van Horn Texas (on Interstate 10 – about 7 hours from Austin or 2 hours from El Paso).  While I haven’t been to Van Horn (population about 2500), it seems to pretty much ‘in the middle of nowhere’.

Bezos sees humankind as continuing to use a lot of energy – even if it is renewable energy.  In a couple of hundred years even with solar panels almost covering the face of the earth, we will be running out of energy.  His solution is to move into space.

As he says in this article:  “Alternatively, says Bezos, humanity can expand into space, allowing for exponential growth.

“Now take the scenario, where you move out into the solar system. The solar system can easily support a trillion humans,” says Bezos. “And if we had a trillion humans, we would have a thousand Einsteins and a thousand Mozarts and unlimited, for all practical purposes, resources and solar power unlimited for all practical purposes. That’s the world that I want my great-grandchildren’s great-grandchildren to live in.”

“As humanity expands into space, the Earth will remain the crown jewel, says Bezos.”

So, we will live and work from space and earth will return to a more pristine place.  

Definitely not in my lifetime (or in Bezos’ lifetime) – but an interesting view.  (And, not unlike Elon Musk and SpaceX)

Posted by Bruce White, 0 comments

Blog Post #391: Watermelon!!!

Blog Post #391:  Watermelon!!!

Taken from:  https://articles.mercola.com/sites/articles/archive/2014/07/21/watermelon-nutrition.aspx

It’s SUMMER – and time for Watermelon!!!  (YEEHAW!!)

Most of my blogs are related to technology (and in some respects seedless watermelon are a relatively new technology), but occasionally I go ‘off the grid’ and write about something else (like the World Health Organization (WHO) going against a ‘Breast Milk’ initiative).

I love watermelon.  We have had a couple of watermelon this summer – and not quite the best.  So I was searching for how to get the best, ripest, and juiciest watermelon and found a lot of information:

First – the best watermelon according to the article:

  • Look at the stem end – it should be dry
  • Roll it over and look at the spot where it lay on the ground – the spot should be very yellow. (Some sites say “creamy yellow”)
  • It should be heavy for its size (‘juicier’)
  • Give the melon a whap on the side.  It should sound hollow. (Some say “a deep hollow sound” and that a dull sound is over ripe).    [I know these are subjective terms. So, if your grocery store has 150 watermelons in a huge bin make sure you try EVERY ONE of them – that is, until the manager kicks you out of the store!!!]

Second – six watermelon facts:

  1. Watermelon Has More Lycopene Than Raw Tomatoes
  2. Watermelon Juice May Relieve Muscle Soreness
  3. Watermelon Is a Fruit and a Vegetable
  4. You Can Eat Watermelon Rind and Seeds
  5. It’s Mostly Water
  6. Some Watermelon Are Yellow

I do suggest reading the article to get more information about the nutritional aspects.  The article suggests the rind (which we almost always throw away) has more of certain amino acids that the pink ‘meat’ of the watermelon.  The author throws the rind into a blender and makes a beverage

Third – some additional things:

  • Watermelon may reduce blood pressure!!!  
  • Watermelon can help with inflammation (and even with sexual health!!)\
  • And … do not eat watermelons as a dessert after a meal.  Here is a slogan on that: “Eat melon alone or leave it alone because it will make your stomach  groan. So ideally, no food 30 minutes before or after eating melons.”
  • My father liked to put a little salt on his melon – and another website suggested the tang of the salt makes the watermelon sweeter
  • And… the next time I’m pregnant – I’m definitely going to eat watermelon (which is never)  “If you’re pregnant, the benefits are even more delicious. Watermelon eases heartburn and reduces swelling; its high water content (92 percent) and fruit sugars can help alleviate morning sickness and dehydration; and the minerals it contains can help prevent third-trimester muscle cramps.” (From: https://www.fitpregnancy.com/nutrition/prenatal-nutrition/watermelon-wonders)

And … there isn’t much difference between seeded watermelons and seedless watermelons.  (Other than you can eat the seeds for some added nutrition)

Well – I’m smarter about watermelons that I was before.

Bruce

Posted by Bruce White, 0 comments

Blog Post #390:  “I’m in love!!!” (or not) – the Ultimate RV vehicle

Blog Post #390:  “I’m in love!!!” (or not) – the Ultimate RV vehicle

Taken from:  https://www.themanual.com/auto/furrion-elysum-rv-modern-motorhome/?utm_medium=push&utm_source=1sig&utm_campaign=One%20Signal

Time for a little lighter discussion.  Furrion Elysium RV Has a Heli Pad, Hot Tub, Wine Fridge, and More

I’ve never been too much of an RV guy.  When you went on vacation you got a hotel near your destination.  And before that, (when we were ‘poor’) we even were in tents. Of course, when I was a Scout Master, tents were the norm.  But, my wife’s family was big on recreational vehicles (RV). My father-in-law had a fifth wheel RV that he pulled with a large pick-up truck.  After he retired, he and my mother-in-law made the trek from Minnesota to Arizona every fall and back every spring. They made stops in South Dakota (where we were living), Wyoming (for my sister-in-law and family), and sometimes other places.  They pretty much had everything they needed in that RV. For some years they lived in the RV during the winter until they got a “park model” (kind of a mobile home that was fixed on a lot in a RV park).

But, when I saw this article, I fell in ‘love’ (or ‘lust’ maybe).

Here is an RV with a retractable helipad (helicopter not included), a hot tub, master bedroom, kitchen, smart toilet, smart shower, three huge televisions, and an upper-deck for entertaining (next to that hot tub).

The best sentence in the article is this:  “Yes, it will be way over our budget, but a man can dream…”  

The article did not give the price (with or without the Robinson R22 helicopter) – I am sure we ‘could’ afford it (sell our house, sell our cars, cash in my retirement account) – that is without the helicopter (and taking a mortgage / loan for the rest of our lives and the lives of our children).

But as the article stated – “a man can dream”!!!!

What do you think?

Bruce

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Blog Post #389:  “I am a robot. I am activated by popcorn!!”

Blog Post #389:  “I am a robot. I am activated by popcorn!!”

Taken from:  https://spectrum.ieee.org/automaton/robotics/robotics-hardware/popcorndriven-robotic-actuators

I found this and thought it was worth sharing.  But after reading there isn’t much significance but that is okay.

Let’s see … popcorn comes from specialized corn plants.  The kernels are small and very regular – and when heated they expand.

The article states: “Popcorn kernels are a natural, edible, and inexpensive material that has the potential to rapidly expand with high force upon application of heat. Although this transition is irreversible, it carries potential for several robotic applications. As kernels can change from regular to (larger) irregular shapes, we examine the change in inter-granular friction and propose their use as granular fluids in jamming actuators, without the need for a vacuum pump.”

If you worked your way through that, it basically said that when popcorn pops, it expands and fills a much larger space.  If the popcorn was in-between two plates, it would push against the plates – and that pressure could turn on (that is ‘activate’ a switch) and turn on a robot!!!

The article shows that popcorn could be in a casing or tube of some nature.  When popped and it expands making that casing / tube rigid – and that is strong enough as a ‘robotic’ finger to lift a small weight off a table.  Unfortunately, once popped, the popcorn can’t go back to its original state.

As of yet, the authors (and I) don’t see much use for the technology other than a novelty.  But, I’m not sure that I can look at popcorn popping in the same way anymore.

Maybe similar objects could be developed – like a device in your backyard.  When the sun hits it, the material expands and activates a water pump for a fountain.  But as evening comes and it cools off, the material contracts and deactivates the water pump.  

So, the next time you have popcorn think of the potential energy it releases when it pops!!

Bruce

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Blog Post #388:  Automation could help insurance company revenues by $243 BILLION

Blog Post #388:  Automation could help insurance company revenues by $243 BILLION

Taken from:  https://www.dig-in.com/news/automation-could-lift-insurance-revenue-by-243-billion

This article from Digital Insurance website says that insurance companies are lagging behind by not using more automation, artificial intelligence and business process automation.  The article estimates that about $243 billion in additional revenue could be made by moving to 100% automation. And … (tongue in cheek), those companies would love to give that increase in revenue back to consumers!!  Since the population of the United States is about 325 million that could mean about $900 per account if automation is fully realized. (Okay, they might just keep the increase in revenue for a few years to pay off the expenses of automation).

The article stated: “that aggressive implementation of automation technologies could save the sector more than $500 billion, about half of which is taken into account by insurance companies. But there are still some significant barriers to implementation.

The author says:

“That some firms have been able to succeed by using a four-step process:

First, explaining the vision clearly and securing leadership buy-in.”

“Second, developing a clear pilot process. Firms should also consider starting with “low-hanging fruit” and engaging talent through hackathons and accelerators, the report says.”

“Third, scaling up with an automation center of excellence.”

“Fourth, industrializing automation. “

Artificial intelligence could assist by guiding customers in online or calling in scenarios with advanced reasoning that would help the customers save some money – and cut expenses of human resources (taking phone calls and helping customers online).

Looks like the insurance industry needs to employ the four-step process (above) to make those gains.

What do you think?

Bruce

 

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