Fractional ownership is a concept that refers to the idea of owning a share of an asset, rather than the entire asset. This concept is becoming increasingly important in the context of emerging technologies, such as autonomous vehicles and drones, because it allows multiple parties to share the costs and benefits of owning and using these technologies.
One of the key advantages of fractional ownership is that it can make new technologies more accessible and affordable. For example, the cost of buying and maintaining an autonomous vehicle or drone can be prohibitively expensive for many individuals or businesses. By allowing multiple parties to share the costs of ownership, fractional ownership can make these technologies more accessible and affordable.
Another important advantage of fractional ownership is that it can help to accelerate the adoption of new technologies. By allowing multiple parties to share the costs and benefits of ownership, fractional ownership can make it more attractive for businesses and individuals to invest in new technologies. This, in turn, can help to drive innovation and growth in emerging technology markets.
Additionally, fractional ownership can help to improve the utilization of new technologies. Because multiple parties can share the ownership of a technology, it can be used more often and in more diverse ways. For example, an autonomous vehicle or drone that is owned by multiple parties can be used for a wider range of purposes, such as transportation, delivery, and surveillance. This can help to maximize the value of these technologies.
Overall, the importance of fractional ownership in emerging technologies lies in its ability to make these technologies more accessible, affordable, and widely used. By allowing multiple parties to share the costs and benefits of ownership, fractional ownership can help to drive innovation and growth in emerging technology markets.
The importance of time-sensitive experiences as an emerging trend for Futurist
/in Uncategorized/by Mark M WhelanFractional Ownership as an Emerging Asset Class For Futurists
/in Uncategorized/by Mark M WhelanFractional ownership is a concept that refers to the idea of owning a share of an asset, rather than the entire asset. This concept is becoming increasingly important in the context of emerging technologies, such as autonomous vehicles and drones, because it allows multiple parties to share the costs and benefits of owning and using these technologies.
One of the key advantages of fractional ownership is that it can make new technologies more accessible and affordable. For example, the cost of buying and maintaining an autonomous vehicle or drone can be prohibitively expensive for many individuals or businesses. By allowing multiple parties to share the costs of ownership, fractional ownership can make these technologies more accessible and affordable.
Another important advantage of fractional ownership is that it can help to accelerate the adoption of new technologies. By allowing multiple parties to share the costs and benefits of ownership, fractional ownership can make it more attractive for businesses and individuals to invest in new technologies. This, in turn, can help to drive innovation and growth in emerging technology markets.
Additionally, fractional ownership can help to improve the utilization of new technologies. Because multiple parties can share the ownership of a technology, it can be used more often and in more diverse ways. For example, an autonomous vehicle or drone that is owned by multiple parties can be used for a wider range of purposes, such as transportation, delivery, and surveillance. This can help to maximize the value of these technologies.
Overall, the importance of fractional ownership in emerging technologies lies in its ability to make these technologies more accessible, affordable, and widely used. By allowing multiple parties to share the costs and benefits of ownership, fractional ownership can help to drive innovation and growth in emerging technology markets.
Fusion as the Future of Energy
/in Uncategorized/by Mark M WhelanHow to Develop Self-Confidence & Influence People by Public Speaking
/in News, Personal/by markmwhelanEvery well-known speaker has had to overcome fear and develop the self-confidence to speak in public. Being able to deliver a well-crafted and interesting speech is not the result of some innate talent that only a few possess; rather, it is a skill that anyone can learn.
Made to Stick Why Some Ideas Survive and Others Die
/in BOOK REVIEW, Personal/by markmwhelanPrinciples BOOK REVIEW
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/in BOOK REVIEW, Uncategorized/by markmwhelanThe Culture Code BOOK REVIEW
/in BOOK REVIEW, News/by markmwhelanWhy do some teams deliver performances exponentially better than the sum of their counterparts, while other teams add up to be much less? How can one build teams that seamlessly collaborate and act like a single hive-mind? The answer lies in group culture.New York Times bestselling author Danny Coyle unlocks the secrets of highly effective group cultures by studying the finest teams across various industries in the world, including the Navy SEAL’s, Pixar Studios, and the San Antonio Spurs.The Culture Code presents the three most important master skills required to transform your organizational culture.
Dare to Lead BOOK REVIEW
/in BOOK REVIEW, News/by markmwhelanSYNOPSIS
What does it take to be a brave and courageous leader? How can emotional responses be channeled effectively in the workplace?
Based on interviews with hundreds of global leaders, research professor Brené Brown – whose TED talk is one of the five most watched – summarizes the learnable skills that underpin daring leadership, and shows how embracing vulnerability helps you to lead even when you aren’t sure of the outcome.
Once you embrace the power of vulnerability, you can stop avoiding difficult conversations and being afraid to accept new ideas and start trusting and building resilience.
TOP 20 INSIGHTS
SUMMARY
To be a daring leader, one who is not afraid of change and new challenges, you must embrace vulnerability, recognizing it not as a form of weakness but as a willingness to acknowledge when you don’t know all the answers. Instead of protecting the ego by avoiding difficult situations, embrace vulnerability by encouraging empathy, curiosity, and shared purpose. Operationalize the organization’s core values; and, build trust by setting clear boundaries and being reliable and generous. Build resilience by recognizing when a situation or emotion has a hold over you; learn how to recognize and accept the emotion and create a story that you can control.
Drive BOOK REVIEW
/in BOOK REVIEW, News/by markmwhelan