The following video is from Wednesday's installment of The Motley Fool's Weekly Tech Review, in which host Chris Hill, and analysts Eric Bleeker and Lyons George take a look at the biggest stories driving the tech sector this week.
In this segment, Eric and Lyons discuss a new app that allows Google Glass users to control certain functions of their Tesla (NASDAQ: TSLA ) cars. Apart from the inherent cool factor of an everyday gadget controlling so many facets of a high-tech car made by Tesla, the two discuss the broader ramifications around mobile platforms controlling our everyday lives.
We're seeing apps that control household lighting, thermostats, and sound systems. The much trumpeted "Internet of things" always required a central "controller" for households and cars to be remotely monitored and operated. Google Glasses controlling Tesla cars is just another illustration of how quickly this trend is coming to influence people's lives.
Tesla might be the hottest name right now in cars, but the real gold mine for the auto industry lies in China's 1.3 billion consumers, who are seeing incomes rising and want their own wheels. A recent Motley Fool report, "2 Automakers to Buy for a Surging Chinese Market," names two global giants poised to reap big gains that could drive big rewards for investors. You can read this report right now for free -- just click here for instant access.
The relevant video segment can be found between 0:00 and 5:20.