Until a few years back, garbage industry was often labeled as a means to dump trash. Hardly, had anyone ever imagine that this trash industry would soon transform into a million dollar business. In fact, the scenario in garbage industry has progressed to such an extent that we have startups and auto-mobiles companies picking up traditional garbage trucks for sale and then transforming them into robotic garbage collection vehicles.
Brands like Tesla and Volvo are refusing to settle for anything less than a fully automated garbage collector that would be equipped with sensors and work on batteries to reduce the overall fuel consumption. But before we proceed to deconstruct this million dollar garbage industry, let’s uncover the why factor and how factor of this industry.
The WHY and HOW factor of Garbage Industry
As per the statistics of National Waste and Recycling Association, on an average, approximately 260 million tons of garbage are generated every year in the USA; out of which about 34% garbage can be recycled and developed into a creative stuff.
What’s even more fascinating is that this 34% acts as a raw material for recycling companies which is readily available in plenty and at a comparatively lower rate. With such low cost production material and hardly any competition, garbage industry is no less than a goose that lays the golden eggs for recycling companies.
Tech Crunch Innovations in Garbage Industry
Likewise, the IoT integration has successfully transformed the poor garbage collector vehicles into the smart collectors. The presence of sensors help these collectors to know whether the garbage bins are empty or have reached their utmost capacity, depending on which the further procedure is undertaken.
If this was not enough, the near future of robotic garbage collectors is gaining the momentum by transforming itself into a distant reality. An initiative named “Robot based Autonomous Refuse Handling” has been established for complete automation of garbage trucks. Alternatively, researchers in some countries are even trying to infuse in the concept of augmented reality for garbage collection.
Apart from this, efforts are being undertaken to reduce the waste generation at its source itself by providing residents with RFID tags. These tags function to reduce the trash collection costs and promote sustainable practices in the communities nearby.
Perils of Innovations
It’s true that innovations increase overall operation efficiency but the perils of these innovations cannot be ignored. Irrespective of the efforts undertaken, a machine cannot surpass its creator. However, the excessive automation is likely to contribute in issues like data privacy, technological breakdown, unemployment and technological exploitation. Therefore, there is a dire need to develop a counter system that prevents disruption of the industry by taking care of these loopholes.
Thus, although in recent times, China’s refusal in acceptance of recyclable waste has caused a bit of havoc in the garbage industry but if reports are to be believed, this industry is soon going to bounce back from its ordeal. Till its recovery, all we can do is hope that new innovations help garbage industry to absorb the shock and recover as soon as possible.