October 9, 2009

Real time feedback & pricing key to efficiency gains

By
Jim Harris
Magazine Article

Imagine going through school and receiving no marks on your tests, essays or final exams. At the end of the year you received a single mark — not even broken out by subject. How much value would that mark have? Would you be able to improve?

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A STAGGERING 94% OF CAR ACCIDENTS ARE DUE TO DRIVER ERROR. So think about the 40,000 lives that will be saved in North America every year in 2025 when all new cars are autonomous (self-driving) vehicles. Think of the 2.5 million people who won’t be maimed or seriously injured annually. Think of the emotional trauma that families will be spared. That’s the GREAT news. There’s also $190 billion of savings in health care costs, the value of lost wages and government benefits. (Globally 1.3 million lives will be saved every year and up to 50 million people will be spared serious injuries).

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