1 Big Hidden Benefit of General Motors' In-Car Wi-Fi

GM and AT&T are teaming up with 4G LTE connectivity to make your car a rolling Wi-Fi hotspot. Here’s why it’s a great safety feature, as well as entertainment option.

Jun 24, 2014 at 10:15AM

Last week, we told you about the General Motors (NYSE:GM) and AT&T (NYSE:T) alliance to bring 4G LTE connectivity into many GM models, starting with the 2015 Chevrolet Malibu. This means your car can now act as a rolling Wi-Fi hotspot, offering you high-speed Internet connectivity wherever you go.

Offered through General Motors' OnStar brand, the AT&T data plan can be had for as little $5 per month for 200 MB. Normal data hogs can consume up to 5 GB for $50 per month. Non-AT&T customers can get short-term connectivity starting at $5 per day. This can make a lot of sense for families on a budget, or even for rental-car connectivity.

The entertainment value is apparent: Rolling Wi-Fi will enable Internet use for laptops or tablets with no data plan. The superior Wi-Fi antennas on the OnStar system mean better connectivity for any device.

The less apparent benefit, however, is that of safety. For instance, this system combines the diagnostics built into the car with a Wi-Fi connection, meaning it can find and communicate with nearby shops and dealers.

GM was showing off the technology at this year's International CES in Las Vegas. Our roving reporter Rex Moore was there, and he brought his camera inside the car for a demonstration of these safety benefits.

We're still in the early days for this huge trend
GM and AT&T's efforts are just the beginning of one of the biggest trends we'll see in our lifetime: the Internet of Things. Or, in this case, the Internet of Cars. David Gardner -- whose Motley Fool Stock Advisor recommendations have beaten the S&P 500 by a large margin -- has already picked one possible winner in this trend, and is looking at many others. Right now, you can try the service free for 30 days, giving you full access to every stock pick -- including two brand new recommendations just released on Friday. Click here for more information.

Rex Moore has no position in any stocks mentioned. The Motley Fool recommends General Motors. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

4 in 5 Americans Are Ignoring Buffett's Warning

Don't be one of them.

Jun 12, 2015 at 5:01PM

Admitting fear is difficult.

So you can imagine how shocked I was to find out Warren Buffett recently told a select number of investors about the cutting-edge technology that's keeping him awake at night.

This past May, The Motley Fool sent 8 of its best stock analysts to Omaha, Nebraska to attend the Berkshire Hathaway annual shareholder meeting. CEO Warren Buffett and Vice Chairman Charlie Munger fielded questions for nearly 6 hours.
The catch was: Attendees weren't allowed to record any of it. No audio. No video. 

Our team of analysts wrote down every single word Buffett and Munger uttered. Over 16,000 words. But only two words stood out to me as I read the detailed transcript of the event: "Real threat."

That's how Buffett responded when asked about this emerging market that is already expected to be worth more than $2 trillion in the U.S. alone. Google has already put some of its best engineers behind the technology powering this trend. 

The amazing thing is, while Buffett may be nervous, the rest of us can invest in this new industry BEFORE the old money realizes what hit them.

KPMG advises we're "on the cusp of revolutionary change" coming much "sooner than you think."

Even one legendary MIT professor had to recant his position that the technology was "beyond the capability of computer science." (He recently confessed to The Wall Street Journal that he's now a believer and amazed "how quickly this technology caught on.")

Yet according to one J.D. Power and Associates survey, only 1 in 5 Americans are even interested in this technology, much less ready to invest in it. Needless to say, you haven't missed your window of opportunity. 

Think about how many amazing technologies you've watched soar to new heights while you kick yourself thinking, "I knew about that technology before everyone was talking about it, but I just sat on my hands." 

Don't let that happen again. This time, it should be your family telling you, "I can't believe you knew about and invested in that technology so early on."

That's why I hope you take just a few minutes to access the exclusive research our team of analysts has put together on this industry and the one stock positioned to capitalize on this major shift.

Click here to learn about this incredible technology before Buffett stops being scared and starts buying!

David Hanson owns shares of Berkshire Hathaway and American Express. The Motley Fool recommends and owns shares of Berkshire Hathaway, Google, and Coca-Cola.We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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