Goods Transportation Current Affairs - 2020

Category Wise PDF Compilations available at This Link

IITM hosts India’s first Hyperloop Pod Competition-What is Hyperloop Pod?

For the first time in India IIT Madras is to host Hyperloop pod competition in July 2020. India has taken a few steps in bringing the environment friendly Hyperloop pod transport in the country.

Highlights

The Hyperloop Pod Transportation Project was approved by the Maharashtra Government to build the first Hyperloop line between Pune and Mumbai. Similarly, another project of Hyperloop pod transport has been undertaken between the cities of Vijayawada and Amaravati.

Similar projects are expected to operate in China, UAE as well.

International Competition

The International Competition of Hyperloop Pod Contest was initiated in 2015. The Competition is funded by SpaceX, a leading Space organization of USA.

What is Hyperloop Pod?

The Hyperloop is a sealed loop through which a pod travels. The travel time of the pod is greatly reduced as the pod travels in the tube without air resistance. It is a proposed freight and passenger transport system.

The Concept was introduced in 2013 and has been open sourced by SpaceX since them. This means that anyone in the world is free to use the concept and build on systems based on it.

The Technology

Hyperloop pod works on the same concept of maglev trains where the trains levitate over the tracks with the help of electro-magentic energy. The only difference here is that unlike maglev trains, the pods will run in a partial vacuum environment increasing the speeds and efficiency.

Get these updates on Current Affairs Today Android App

RAISE 2020: An International “Artificial Intelligence” Summit to be organised by GoI

The Government of India (GoI) is to organize an Artificial Intelligence (AI) Summit called RAISE 2020. RAISE stands for Responsible AI for Social Empowerment. The Summit is to be held in New Delhi between April 11 and 12, 2020.

Highlights

The summit will be attended by experts of Artificial Intelligence from all over the world. It will focus on using AI towards social empowerment, transformation and inclusion and also in other key areas such as agriculture, healthcare, smart mobility and education.

Significance

It is essential to implement AI in social transformation as it will help in bringing regulatory changes. It will improve the efficiency of work places, reduce operating costs. With autonomous transportation, AI can help save large amounts of fuel and time.

Negative Impacts

Though there are several benefits of Artificial Intelligence, the only concern towards the technology is that it has the potential to minimize the work force in a sector. Especially in a country like India that is second most populous in the world, it is essential to keep track that AI does not reduce employment opportunities.

The Summit will help understand all these key areas and act accordingly.

Get these updates on Current Affairs Today Android App