
With seemingly so much happening in the world these days -- everything from COVID to climate change -- it is perhaps easy to feel a little discouraged about the current state of affairs. But I am an optimist. And as I mentioned on Twitter a few weeks ago, I haven't been this excited about the future of tech and the internet in a long time.
We are seeing the auto industry quickly transition to electric vehicles (though, in my opinion, not driving at all is still better for our cities than driving something that is electric). Norway has created the world's first ever zero emission, autonomous cargo ship. And LIDAR vision systems are looking pretty promising as one of the technologies that will ultimately power fully autonomous vehicles.
I believe in the resiliency of cities and, as I have been arguing on this blog all throughout COVID, I think the claims about the demise of our cities have been greatly exaggerated. In fact, I think this pandemic has forced us rethink a lot of things about our urban environments, including how we allocate and use our public spaces (think patios). Some of these changes have been for the better and they're not going to go away.
I think the benefits of working in close proximity to others are too great to have everyone working remotely. Yes, we have learned that decentralization is possible. But there's an overwhelming amount of research telling us that we're all more innovative and productive when we cluster together in cities and in offices.
I have been back in the office almost 100% of the time since it has been possible to do that. And I am much happier and more productive as a result. There's also research suggesting that there are psychological benefits to a reasonable commute. It creates a break in our day, allows us to detach from our work, and gives us time to process stuff in our mind.
I think things like digital fashion and augmented reality are going to have profound impact on the way we consume things. You could also argue that there's a sustainability angle to more digital and less physical. And of course, I am excited about the transformations that I believe cryptocurrencies and blockchain technologies will continue to bring to many different industries (if not most).
This morning I was reading a Financial Times article about cryptocurrencies in the developing world. It it perhaps no surprise that many of these countries are providing to be early adopters. People are leapfrogging over to cryptocurrencies because their existing currencies and financial systems aren't effective enough. That has lead to adoption and penetration that looks something like this according to FT:

There is, of course, many other things to be optimistic and excited about. But I'll leave that for the comment section below. What are you excited about these days?
https://youtu.be/ffyHxP6hb3I
Luminar Technologies, which is an autonomous vehicle technology company that I have written about before, just hosted its first ever "Studio Day" in New York City this week. And at the event they announced two new technologies.
The first is called Iris, which is a small lidar device that is intended to be integrated into regular consumer production vehicles -- on the roof just above the windshield. And supposedly the company is on track to have these into full production and available to their OEM partners by the end of next year (2022).
The second technology is something that they are calling Blade, which is a lidar system that can offer a 360 degree field of vision and is intended for use in robo-taxis, trucks, and other consumer vehicles. It's called Blade because it's kind of like a blade that wraps around the tops of these vehicles.
We've been talking about autonomous vehicles for what seems like a long time. And it is now clear that this is not an easy problem to solve. But from what I have read, lidar seems like the promising technology and something that will become necessary for full autonomy. So I am now long $LAZR. Whether this is the right move is still to be determined.
The full Studio Day video is embedded at the top of this post. If you're reading via email subscription and can't see it, click here.
I liked the bit (just after the 9 minute mark) about how headlights were first introduced and how it took some time before they were fully absorbed and integrated into the design of cars. Today they are now a signature design element for most car brands. It's a clever parallel for what Luminar is trying to do with Iris and Blade.