At the House of Lords, the Palace of Westminster, World Technology Congress (WTC) featured “the new mobility landscape” as a theme for the Fall Session which addressed major challenges and opportunities of the mobility industry.
LONDON, ENGLAND, November 14, 2023 /24-7PressRelease/ — WTC’s Fall Session brought together distinguished guests and speakers which included industry top voices, investors, and policy leaders. Guests arrived in London from the United States, China, Germany, Belgium, Italy, Finland, and Bahrain to attend the 60-minute conference and the WTC banquet afterward at the Attlee Room in the House of Lords.
The afternoon session covered various topics on electrification and sustainable transportation which featured Roger Allen, Managing Director of US Capital in the UK, Marcus Paleti, CEO of Laureti Group, and Bernd Mattner, Chair of Mobility at EU Senate. The remarkable nature of the talks carried a crucial theme of futurism that touched upon the crucial points on the advancements of autonomous, passenger-centricity, and data privacy and security.
Financial and investment firms include Hyundai Cradle, US Capital, Pall Mall Investments, Freeman De Bouvet Capital, St. Jude’s Steve McGuire and John-Rawicz Szczerbo, Wilton Group along with global private family offices managing multi-billion dollar assets have participated in the WTC Banquet and contributed to the overall conversation surrounding the innovation in the mobility space.
Later that evening, the WTC Banquet set up in the Attlee Room of the House of Lords was presided over by Mr. Benedikt Gruetz, the president of the EU Senate, and hosted by the WTC Programs director, Dominika Haberova.
The WTC guests described Mr. Gruetz’s remarks were “heart-warming’, “refreshingly”, “inspiring”, well-balanced” and “appreciative in nature”. In his speech, he remarked “I believe that no citizen can fully feel the privilege of being a European without acknowledging the role of Britain in it and vice versa. We believe trade is an effective diplomatic tool. It’s a tool that can nurture competition, and cooperation, build trust and prosperity, increase standards of living, and create a continued healthy environment for innovation and enterprise between people and countries. The more we focus on these aspects the fewer reasons we have to fight with each other.”
Director of WTC programs, Dominika Haberova said, “The banquets are an integral part of the sessions’ success. The exclusive nature of these events is not about creating another Bilderberg, the purpose is rather the opposite, that is understanding the innovation from the grassroots level. In the WTC conference sessions, we develop the latest understanding of the innovation and technology of a particular industry. The Banquet events are about putting the insights and intelligence we gathered into action-led points. To achieve that, it is my job to make sure to put the right people around the table to commit. That is why all our gatherings always carry a special yet consistent theme as seen in our motto – “Unify, Edify, and Magnify”.
We unify as a body of innovation and enterprise. We edify by sharing intelligence and insights and develop our understanding deep and wide. We magnify by putting together our minds, resources, and influence for overall industrial and economic growth. I know what we do here is important and we are committed to doing more.”
At the conclusion of his speech, Marcus Paleti left three predictions on the future of mobility for the audience.
“The advancements of autonomous technologies will initiate a monumental paradigm shift across all facets of the multi-modal trip chain., increasing the demand for human-centric mobility. When you look at global companies like Icona in this room, you can tell this is already happening now.
Data safety and privacy issues, AI-driven on-demand models, and disruption caused by cross-pollinated inventions will be major challenges we will soon face.
Industry will soon have to embrace the vision that the future user is not the driver, it is also the passenger. Companies that ignore this space will become prisoners of new disruption. A disruption that often comes from outside the industry.”
He continued, “If my predictions are correct, in the upcoming years, some auto OEMs will not survive by solely operating as car manufacturers as they do today. To a great degree, if they want to stay relevant they will have to do more.”
B) After presenting his case with potential unforeseeable scenarios and projections, Bernd Mattner remarked that “The trends and challenges we projected, however systematically and professionally put together, could be fallible by a small margin rather than being entirely wrong about it. The alternative is to ignore it totally which will be substantially worse for the industry and the customers and would prove to be reckless on our part.”
C) One of the remarkable thought-provoking insights about the safety of autonomous technologies came from Roger Allen who shared, “In nature, a murmuration of starlings, and other flocks of birds, avoid collisions completely, albeit they have the double-edged sword of the added dimension of altItude. Shakespeare mentioned starlings in Henry IV, Part 1, written in the late 1500s. With the first cars not hitting the road until the late 19th century, clearly, collision avoidance by birds has a much longer and cleaner history than the appalling accident-prone human car drivers!”
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