A fully electrified future is no longer a pipe dream and could be achieved by extending the innovations that IoTecha and its partners in the auto industry have developed to a host of new domains, creating an energy-efficient, responsive, and data-powered world.
The total electrification of our society will take some time, but could ultimately result in a reality where everything, including personal devices, homes, businesses, apartment buildings, utility infrastructure, transportation networks on land, air, and sea, and entire urban areas work in concert with everything else. As we’ve seen from tools like IoT.ON, such an ultra-connected infrastructure would potentially yield a treasure trove of data that would then be used to inform how we live, the kinds of opportunities we create for each other, and how efficiently we manage our communities. If everything falls into place these vast datasets could lead to the development of optimized economies, smart cities, and AI-assisted politics.
This revolution in data utilization could create immense benefits for our civilization if used responsibly, but will likely also trigger new debates around privacy, government oversight, and corporate control. The key for balancing efficient data-driven organization with an equitable distribution of decision-making power, privacy rights guarantee, and protection of individual liberties will be the decentralization of managerial authority over energy and data governance to the community level, where individuals, acting in the best interest of themselves and their neighbors, will be able to be the masters of their own energy destinies — just like Nadya and Tim are within today’s EV ecosystem.
The electrification of our world would bring enormous progress, giving us the tools to create dynamic communities that respond to the behaviors of the people who live with them and stave off the worst climate change scenarios — but in order to address the emergent externalities of this reality, we must approach this future with appropriate reverence and forethought. By working together over the coming decades, we can learn from our collective experiences in the auto industry to set ourselves up for success in the long term, beyond just the next product launch. This is the approach IoTecha has always taken and continues to foster with a wide swathe of players in the EV sector to create today the conditions for tomorrow’s successes.